The Finance Algorithm
Solo by MYOB logoSolo by MYOB

Solo Money Account

Everyday banking for your business.

Savings & transaction accountsBank updated 23 July 2025

At a glance

No headline figures published.

Rates

The one rate Solo by MYOB publishes for this account.

TypeApplies toTermBandRateComparisonConditions
VariableOnly applicable to Unarranged Credit Limit.---25.45%--

Fees

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

When you make a transaction1

  • Card International Transaction Fee
    295.00% of transaction

When particular things happen1

  • Account Inactivity Fee

    Account Inactivity Fee is charged where any Solo Money Account balance is below $500 but more than $0 for 6 calendar months, with no customer initiated transactions in that period. The fee amount is…

    $10

Features

Instant paymentsPayIDDigital bankingFraud protection

Eligibility and limits

  • Minimum age 18
  • Residency: You must be an Australian tax resident.
  • Available to businesses
  • Amount $0 to $100,000
  • You must have an Australian mobile number and a valid email address.
  • To open an account, you must meet our ID verification requirements.
  • To open an account, you must have an Australian Address.

Published by Solo by MYOB under the Consumer Data Right, last changed by them on 23 July 2025. 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.