CommBank
Business Online Saver
A business savings account that can help you manage cash flow and set aside money for tax payments.
At a glance
- Pricing
- Rates on application
- Base rate
- 0.40%
- Monthly fee
- $0
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate. | — | — | up to $50,000 | 0.40% | — | paid every 1 mo |
| VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate. | — | — | $1,000,000+ | 1.30% | — | paid every 1 mo |
| VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate. | — | — | $250,000–$1,000,000 | 1.10% | — | paid every 1 mo |
| VariableInterest is calculated daily and paid monthly on your balance at a tiered interest rate. | — | — | $50,000–$250,000 | 0.70% | — | paid every 1 mo |
§ 02 — Fees · 3
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Paper Statement Fee | Event | $5 | — | For a Business Online Saver Account, a paper statement fee applies if you request a paper copy of an account statement at any time. |
| Monthly account fee | Periodic | No fee | Every 1 mo | No monthly account keeping fees. Fees may apply to linked accounts e.g. CommBank transaction accounts. |
| Electronic transfers | Transaction | No fee | — | Transfers made to and from a linked CommBank business transaction account Please note Access, CommBiz and Netbank Service fees may apply. |
§ 03 — 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.
§ 04 — Eligibility & 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
§ 05 — Compare
§ 06 — Run the numbers
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Published by CommBank 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.