Australian Mutual Bank
Everyday Business Account
An easy and efficient way to manage your business.
OverdraftsBank updated 9 Sept 2026
At a glance
- Variable
- 0.00%
- Upfront fee
- $2,400
§ 01 — Rates · 10
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableSecured Commercial Overdraft Interest rate | — | — | — | 8.05% | — | — |
| VariableUnsecured Commercial Overdraft Interest rate | — | — | — | 14.51% | — | — |
| Variable | — | — | up to $5,000 | 0.00% | — | paid every 1 mo |
| Variable | — | — | $10,000–$25,000 | 0.01% | — | paid every 1 mo |
| Variable | — | — | $100,000–$250,000 | 0.01% | — | paid every 1 mo |
| Variable | — | — | $25,000–$50,000 | 0.01% | — | paid every 1 mo |
| Variable | — | — | $250,000–$500,000 | 0.01% | — | paid every 1 mo |
| Variable | — | — | $5,000–$10,000 | 0.00% | — | paid every 1 mo |
| Variable | — | — | $50,000–$100,000 | 0.01% | — | paid every 1 mo |
| Variable | — | — | $500,000+ | 0.01% | — | paid every 1 mo |
§ 02 — Fees · 16
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| CASH_ADVANCES_FEE | Cash advance | $4 | — | Visa Debit and Visa Credit card cash advances at other financial institutions in Australia and overseas. Individual bank branches may not offer this service and may charge additional fees (at cost). |
| CONSENT_TO_SUBDIVISION | Event | $250 | — | — |
| GENERAL_CONSENT_FEE | Event | $250 | — | — |
| SECOND_MORTGAGE_CONSENT_FEE | Event | $250 | — | Commercial Loans |
| SUBSTITUTION_OF_SECURITY_FEE | Event | $250 | — | — |
| TELE_TRANSFER | Event | $13 | — | Tele transfer within Australia to an account at another financial institution. |
| DISCHARGE_OF_MORTGAGE_ADMIN_FEE | Exit | $250 | — | — |
| ANNUAL_OVERDRAFT_FEE | Periodic | $100 | Every 1 yr | — |
| ATM_WITHDRAWAL_OVERSEAS | Transaction | $4.50 | — | — |
| INTERNATIONAL_CONVERSION_FEE | Transaction | 2.90% of transaction | — | 2.90% of transaction value in $AUD collected by Cuscal Limited - 0.90% paid to Us; 1.00% retained by Cuscal; 1.00% paid to Visa International. Payable when you transact in a foreign currency using yo… |
| BUSINESS_LOAN_APPLICATION_FEE_-_EQUAL_OR_LARGER_THAN_$300,000 | Upfront | $1,500 | — | For amounts equal or larger than $300,000 |
| BUSINESS_LOAN_APPLICATION_FEE_-_OVER_$35,000,_BUT_UNDER_$300,000 | Upfront | $650 | — | For amount of $35,000, but under $300,000 |
| BUSINESS_LOAN_APPLICATION_FEE | Upfront | $250 | — | For amounts under $35,000 |
| COMMERCIAL_DOCUMENTATION_FEE | Upfront | $0 to $9,999,999 | — | — |
| COMPANY_SEARCH | Upfront | $0 to $9,999,999 | — | Company Search (included at account opening) |
| GUARANTEE_ISSUING_FEE | Upfront | $0 to $9,999,999 | — | — |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsOverdraftApple PayGoogle PaySamsung Pay
- · Make deposits and withdrawals through a Bank@Post facility at Australia Post outlets. For full details refer to our Conditions of Use. Fees and charges apply
§ 04 — Eligibility & limits
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · Available to businesses
- · Membership is open to everyone. Visit our website for more details.
§ 05 — Compare
§ 06 — Run the numbers
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Published by Australian Mutual Bank LTD under the Consumer Data Right, last changed by them on 9 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.