Australian Mutual BankEveryday Business Account
An easy and efficient way to manage your business.
At a glance
- Variable
- 0.00%
- Upfront fee
- $250
Rates
Every rate Australian Mutual Bank publishes for this overdraft, 10 in all.
| 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 |
Fees
16 fees published, grouped by when they're charged.
- When you take it outUp to $1,5006 fees, each listed below
- While you hold it$100 a yearANNUAL_OVERDRAFT_FEE
- When you close it or pay it off$250DISCHARGE_OF_MORTGAGE_ADMIN_FEE
When you take it out6
- BUSINESS_LOAN_APPLICATION_FEE_-_EQUAL_OR_LARGER_THAN_$300,000
For amounts equal or larger than $300,000
$1,500 - BUSINESS_LOAN_APPLICATION_FEE_-_OVER_$35,000,_BUT_UNDER_$300,000
For amount of $35,000, but under $300,000
$650 - BUSINESS_LOAN_APPLICATION_FEE
For amounts under $35,000
$250 - COMMERCIAL_DOCUMENTATION_FEE$0 to $9,999,999
- COMPANY_SEARCH
Company Search (included at account opening)
$0 to $9,999,999 - GUARANTEE_ISSUING_FEE$0 to $9,999,999
While you hold it1
- ANNUAL_OVERDRAFT_FEE$100 a year
When you make a transaction3
- CASH_ADVANCES_FEE
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).
$4 - ATM_WITHDRAWAL_OVERSEAS$4.50
- INTERNATIONAL_CONVERSION_FEE
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…
2.90% of transaction
When particular things happen5
- CONSENT_TO_SUBDIVISION$250
- GENERAL_CONSENT_FEE$250
- SECOND_MORTGAGE_CONSENT_FEE
Commercial Loans
$250 - SUBSTITUTION_OF_SECURITY_FEE$250
- TELE_TRANSFER
Tele transfer within Australia to an account at another financial institution.
$13
When you close it or pay it off1
- DISCHARGE_OF_MORTGAGE_ADMIN_FEE$250
Features
- 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
Eligibility and 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.
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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.