The Finance Algorithm
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Business Online Saver

A business savings account that can help you manage cash flow and set aside money for tax payments.

Savings & transaction accountsRates on applicationBank updated 9 Oct 2026

At a glance

Pricing
Rates on application
Base rate
0.55%
Monthly fee
$0

Rates

Every rate CommBank publishes for this account, 4 in all.

TypeApplies toTermBandRateComparisonConditions
VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate.--up to $50,0000.55%-paid every 1 mo
VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate.--$1,000,000+1.55%-paid every 1 mo
VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate.--$250,000–$1,000,0001.35%-paid every 1 mo
VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate.--$50,000–$250,0000.95%-paid every 1 mo

Rate changes

4 changes logged, newest first.

DateRateWasNowChange
9 Oct 2026Variable, up to $50,0000.40%0.55%up 0.15
9 Oct 2026Variable, $1,000,000+1.30%1.55%up 0.25
9 Oct 2026Variable, $250,000–$1,000,0001.10%1.35%up 0.25
9 Oct 2026Variable, $50,000–$250,0000.70%0.95%up 0.25

Each change is logged the night it appears in the rates CommBank publishes. See how every lender answered the RBA on the rate tracker.

Fees

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

While you hold it1

  • Monthly account fee

    No monthly account keeping fees. Fees may apply to linked accounts e.g. CommBank transaction accounts.

    No fee

When you make a transaction1

  • Electronic transfers

    Transfers made to and from a linked CommBank business transaction account Please note Access, CommBiz and Netbank Service fees may apply.

    No fee

When particular things happen1

  • Paper Statement Fee

    For a Business Online Saver Account, a paper statement fee applies if you request a paper copy of an account statement at any time.

    $5

Features

Digital bankingUnlimited transactions
  • Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
  • Rather than wait hours or days for payments from another bank to clear, receive money almost instantly, so you know exactly where your business stands financially.
  • Transfers between this account and the linked CommBank business transaction account are made in near real-time.

Eligibility and limits

  • Available to businesses
  • Have access to NetBank or the CommBank app, or CommBiz
  • in the case of domestic businesses (e.g. a sole trader, company, etc.) have an ABN or ACN where relevant
  • in the case of foreign companies that carry on business in Australia, be registered with ASIC. The eligibility of other foreign companies will be subject to review on a case by case basis.
  • Hold and maintain an eligible CommBank business transaction account

Published by CommBank under the Consumer Data Right, last changed by them on 9 Oct 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.