The Finance Algorithm
Beyond Bank Australia logoBeyond Bank Australia

Business Transaction Account

Business Transaction Account is a simple flexible everyday banking account with no monthly account fees and low transaction fees.

Savings & transaction accountsBank updated 23 Sept 2026

At a glance

Base rate
0.01%

How it compares

This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This account: 0.01%Every other institution's highest, 33 in all

Each institution's best interest-paying business account, base plus any bonus. One dot per institution, at its highest business savings rate anyone can apply for; hover or tap a dot for its name.

RateThis accountBest anywhereTypical institutionWhere it sits
Business savings accountEach institution's best interest-paying business account, base plus any bonus0.01%5.40%Great Southern Bank Business+'s Business+ Saver0.55%of 34 institutions24th highest of 34, level with 10 others

Rates

Every rate Beyond Bank Australia publishes for this account, 5 in all.

TypeApplies toTermBandRateComparisonConditions
VariableInterest is calculated daily and paid on the last day of each month.--up to $20,0000.01%-paid every 1 mo
VariableInterest is calculated daily and paid on the last day of each month.--$100,000–$250,0000.05%-paid every 1 mo
VariableInterest is calculated daily and paid on the last day of each month.--$20,000–$50,0000.05%-paid every 1 mo
VariableInterest is calculated daily and paid on the last day of each month.--$250,000+0.05%-paid every 1 mo
VariableInterest is calculated daily and paid on the last day of each month.--$50,000–$100,0000.05%-paid every 1 mo

Fees

6 fees published, grouped by when they're charged.

When you make a transaction6

  • Bus Acct Over The Counter Fee

    This fee is payable for each time a staff member completes a transaction in a branch on your account.

    $3
  • Business Acct EFTPOS Fee

    This fee is payable for each EFTPOS transaction you make with your card on this account.

    $0.90
  • Business Acct Visa Cash Out

    This fee is payable each time you make a purchase with your visa card and choose to withdraw cash in the same transaction.

    $0.90
  • Business AcctTransfer Fee

    This fee is payable for each time a staff member completes a transfer from your account.

    $3
  • Direct Debit Fee

    This fee is payable each time a direct debit is deducted from your account.

    $0.50
  • IB External/PayID Transfer Fee

    This fee is payable for each transfer you make to another Financial Institution using PayID via Internet Banking.

    $1

Features

Instant paymentsPayIDDigital bankingOverdraftMobile Wallet

Eligibility and limits

  • Available to businesses
  • Membership: You must be or become a Beyond Bank Australia member

Published by Beyond Bank Australia under the Consumer Data Right, last changed by them on 23 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.