Tyro Prod
Tyro Bank Account
A fee-free, interest earning business bank account that provides the flexibility to move money using the Tyro App.
Savings & transaction accountsBank updated 15 Feb 2026
At a glance
- Base rate
- 0.50%
- Bonus rate
- 0.95%
- Up to
- 1.45%
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusBonus rate earned on funds in the account greater than 30 days. | — | — | — | 0.65% | — | paid every 1 mo; LONGER THAN 30 DAYS |
| BonusBonus rate earned on funds in the account greater than 60 days. | — | — | — | 0.80% | — | paid every 1 mo; LONGER THAN 60 DAYS |
| BonusBonus rate earned on funds in the account greater than 90 days. | — | — | — | 0.95% | — | paid every 1 mo; LONGER THAN 90 DAYS |
| VariableRate earned on funds in the account up to 30 days. | — | — | — | 0.50% | — | paid every 1 mo |
§ 03 — Features
Digital bankingUnlimited transactions
- · Seamless reconciliation with integrated bank feeds to Xero. Schedule batch payments in Xero – including BPAY and bank transfers, and Xero Payroll.
§ 04 — Eligibility & limits
- · Available to businesses
- · You must be a Tyro EFTPOS/eCommerce customer.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Tyro Payments under the Consumer Data Right, last changed by them on 15 Feb 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.