Everyday Business Account
An easy and efficient way to manage your business.
- From
- 8.05%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Secured Commercial Overdraft Interest rate | 8.05% | — | — |
| Variable Unsecured Commercial Overdraft Interest rate | 14.51% | — | — |
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0% | Everyday Business Account_Tier_1 | monthly |
| Variable | 0% | Everyday Business Account_Tier_2 | monthly |
| Variable | 0.01% | Everyday Business Account_Tier_3 | monthly |
| Variable | 0.01% | Everyday Business Account_Tier_4 | monthly |
| Variable | 0.01% | Everyday Business Account_Tier_5 | monthly |
| Variable | 0.01% | Everyday Business Account_Tier_6 | monthly |
| Variable | 0.01% | Everyday Business Account_Tier_7 |
Fees
| Fee | Type | Amount |
|---|---|---|
| CASH_ADVANCES_FEE Visa Debit and Visa Credit card cash advances at other financial institutions in Australia and overseas. Individual bank branches may not offer this service and may charge additional fees (at cost). | Cash advance | $4.00 |
| INTERNATIONAL_CONVERSION_FEE 2.90% of transaction value in $AUD collected by Cuscal Limited - 0.90% paid to Us; 1.00% retained by Cuscal; 1.00% paid to Visa International. Payable when you transact in a foreign currency using your Visa card either online or at a merchant point of sale (irrespective of where the transaction occurs; performed not in Australian Dollar; or overseas merchants transact in a foreign currency.) | Transaction | 2.9% of transaction |
| TELE_TRANSFER Tele transfer within Australia to an account at another financial institution. | Event | $13.00 |
| COMPANY_SEARCH Company Search (included at account opening) | Upfront | $0.00 – $9,999,999.00 |
| BUSINESS_LOAN_APPLICATION_FEE For amounts under $35,000 | Upfront | $250.00 |
| BUSINESS_LOAN_APPLICATION_FEE_-_OVER_$35,000,_BUT_UNDER_$300,000 |
Features
- Card access — Visa Debit with payWave (amb have Visa Debit Card)
- Link to a Visa Debit Card at any time.
- Additional cards
- Add additional cards at any time
- Unlimited transactions
- Overdraft available
- Digital wallet — Apple Pay
- Tap and Pay with your phone using Apple Pay, Google Pay, Samsung Pay, Garmin Pay or Fit Bit Pay it's easy.
- Digital wallet — Google Pay
- Tap and Pay with your phone using Apple Pay, Google Pay, Samsung Pay, Garmin Pay or Fit Bit Pay it's easy.
- Digital wallet — Samsung Pay
- Tap and Pay with your phone using Apple Pay, Google Pay, Samsung Pay, Garmin Pay or Fit Bit Pay it's easy.
Eligibility
- Membership is open to everyone. Visit our website for more details.
- Residency status — Individuals must be citizens or permanent residents of Australia.
- Business customersOnly business clients may apply for the account
More Information
Published by Australian Mutual Bank LTD under the Consumer Data Right · Last updated 13 July 2026 · Product ID c7bc9e8e-4520-11f1-b239-325096b39f47 · View on CDR.gov.au