Commercial Saver
A savings account designed with the aim of helping a business or community organisation reach their savings goals faster.
- Base rate
- 1.7%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Interest rate is variable and is calculated daily on whole of balance and credited monthly. | 0% | $0 to $9,999.99 | monthly |
| Variable Interest rate is variable and is calculated daily on whole of balance and credited monthly. | 1.7% | $10,000 and above | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| International transaction fee (ITF) When you undertake an International transaction on a Bank Australia Visa Debit Card you will be charged the fee. An International transaction is any purchase, withdrawal or credit in a currency other than Australian Dollars or where the merchant or financial institution accepting the transaction is outside of Australia or where there is a currency conversion. | Transaction | 3% of transaction |
| Dishonour Fee A fee charged where a debit presented to us is dishonoured because there aren't enough available funds in your account. | Dishonour | $0.00 |
| Staff assisted withdrawal fee A fee charged for taking money out of your account with the assistance of a staff member, charged on the day the service is provided. | Event | $0.00 |
| Staff assisted international payment in foreign currency This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre. The cost is per transfer. | Transaction | $30.00 |
| Exceeding available funds fee A fee charged when you exceed the actual balance or authorised limit of your savings account, transaction account, or overdraft facility greater than $100 payable on the day the event occurs or next day. | Event |
Features
- Bill payment (BPAY) — BPAY
- You can pay bills with the BPAY logo via Bank Australia App or Internet Banking.
- Digital banking
- You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.
- Notifications — Account Notifications
- Notifications can be enabled in the App or through Internet Banking, allowing you to be alerted either by email, sms or through the App about your account activity.
- Real-time payments (NPP)
- Move money and pay people instantly with Osko.
- PayID
- With PayID you can forget your BSB and account number - simply use your mobile, email or ABN to receive payments. This account can be linked to a PayID.
- PayTo Payments: You can make recurring and one-off payments with any participating PayTo merchant, business or service provider and keep track of all the payments in the Bank Australia app or Internet Banking.
Eligibility
- Business customersSole traders, Pty Ltd, public companies, partnerships or associations
- Minimum age — 18 years18+ years
- Residency status — AUBusiness must be registered in Australia
More Information
Published by Bank Australia under the Consumer Data Right · Last updated 3 July 2026 · Product ID 3c92e6b4-a875-417d-aae7-4bccfceee2f3 · View on CDR.gov.au