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2023-12-22 2:05 pm

Commercial Saver

Earn up to

1.45
%
p.a.
On balances over $10,000
Terms and conditions apply

A simple way to park spare cash and prepare yourself for the ebbs and flows of business.

What you get

StarStarStarStarStar
"It was so simple to set up my business accounts with Bank Australia. Great customer service and product knowledge"
Erin, Bank Australia business customer

Online access

Use internet banking and app to check your savings and move money instantly to and from your Commercial Access and Community Access account.

Instant availability

Your funds are available ‘at call’, which means you can withdraw money from your account as soon as it has been deposited.

No monthly fees

With no account fees, deposit fees or domestic online transfer fees, it’s just straightforward savings.

Best-in-class security

Know your money is safe with card controls, security alerts and more.

Rates, fees, terms and conditions

Current interest rates

Effective 1 October 2024
Balance
Interest (p.a.)
$0-$9,999
0.00
%
$10,000 and over
1.45
%

Interest rate is variable and is calculated daily on whole of balance and credited monthly.

Eligibility criteria

People aged 18+

People living in Australia as a permanent resident or with a relevant work visa

Be a sole trader, in a partnership, a Pty Ltd or public company, or in an association

Fees and charges

Here's what to expect with our Commercial Saver:

We’ll waive the staff-assisted withdrawal fees if you:

Exceeding available funds fee
$10 plus Debit interest charge rate
Debit interest charge rate
12.39%
Staff assisted withdrawal fee
$2.50 (unless waived as listed above)

For all fees and charges please refer to Deposit fees, charges and transaction limits

General advice

Information provided is of a general nature only. In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents below before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges may be applicable as outlined below.

    Product disclosure documents

      Above: Dan, Earthworker, Bank Australia business customer

      Customer story

      Dan, Bank Australia business customer

      “We have a wide range of members from across the country who support this growing network of cooperatives … It’s why we’re a Bank Australia customer. These kinds of democratic enterprises – like credit unions and customer-owned banks – are essential for us to build a more just and sustainable economy.”

      Read Earthworker's story

      Responsible banking policy

      We believe that the clean money movement is *the* way forward for a sustainable and values-led banking sector. The movement is underpinned by the Bank Australia responsible banking policy – which was formed, and continues to evolve, through research and development with Bank Australia customers. 


      Read policy

      Money, People & Planet

      See more at the Bank Australia blog
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