Great Southern Bank Business+
Business+ Account
Everday banking for your business. Manage business cashflow and expenses.
Savings & transaction accountsBank updated 15 May 2026
At a glance
- Base rate
- 0.00%
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Penalty | — | — | — | 25.45% | — | Only applicable to Unarranged Credit Limit. Applied every month to the portion of the overdraft which exceeds their Approved Credit Limit. |
| VariableOnly applicable to Authorised Overdraft. Customer margin may apply | — | — | — | 10.70% | — | — |
| VariableThere is no credit interest on this product. | — | — | — | 0.00% | — | paid every 1 mo |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Electronic Fee | Transaction | No fee | — | — |
| Mastercard Debit - Domestic | Transaction | No fee | — | — |
| Mastercard Debit - International | Transaction | 2.95% of transaction | — | — |
| ATM | Withdrawal | No fee | — | — |
§ 03 — Features
Guarantor optionInstant paymentsPayIDDigital bankingFraud protectionUnlimited transactionsOverdraftAdd your card to your digital wallet for quick and easy payments on the go.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: You must be an Australian tax resident.
- · Available to businesses
- · Amount $10,000 to $50
- · To open an account, you must have an Australian Address.
- · In order to apply an overdraft on this product, you will be subject to additional criteria including but not limited to: your business must be registered for GST; and your business must be wholly or…
- · To open an account, you will need to download, register and activate your Great Southern Bank Business app.
- · To open an account, you must meet our ID verification requirements.
- · You must have an Australian mobile number and a valid email address.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Great Southern Bank Business+ under the Consumer Data Right, last changed by them on 15 May 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.