---
title: "Business+ Account — Great Southern Bank Business+"
description: "Transaction & Savings Accounts from Great Southern Bank Business+. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/great-southern-bank-business/products/956c0e95-5302-47cc-a084-d7970eafee85
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-14T23:05:35.408617Z
---

# Business+ Account — Great Southern Bank Business+

> Transaction & Savings Accounts from Great Southern Bank Business+. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

Everday banking for your business. Manage business cashflow and expenses.

## At a glance

- **Base rate:** 0%

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Only applicable to Authorised Overdraft. Customer margin may apply) | 10.7% | — | — |
| Penalty | 25.45% | — | — |

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (There is no credit interest on this product.) | 0% | — | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Electronic Fee | Transaction | $0.00 |
| ATM | Withdrawal | $0.00 |
| Mastercard Debit - Domestic | Transaction | $0.00 |
| Mastercard Debit - International | Transaction | 2.95% of transaction |

## Features

- **Fraud protection** (The product includes fraud protection functionality.)
- **Real-time payments (NPP)** (Make transfers and send payments in real time.)
- **Digital banking** (You can access your accounts on your mobile for all your online banking.)
- **PayID** (Use this account to make and receive PayID payments.)
- **Notifications** — All statements, notices and other communication in connection with these terms and conditions and your account may be given electronically by Great Southern Bank by: email, text message, in app push notifications, in app prompts, or letting you know by email, text message or push notification that the information is available on the app or on a website. You should check your emails, text messages and push notifications regularly.
- **Overdraft available** (An overdraft facility is available (subject to approval).)
- **Unlimited transactions** (Unlimited transfers between your savings and transaction accounts.)
- **Card access** — Link your transaction account to Mastercard® debit card.
- **Digital wallet** — Add your card to your digital wallet for quick and easy payments on the go.
- **Guarantor supported** (Subject to terms and conditions, you may need to nominate a guarantor during the origination process for an overdraft.)

## Eligibility

- **To open an account, you must meet our ID verification requirements.**
- **You must have an Australian mobile number and a valid email address.**
- **Business customers** (To open an account, you must have an active ABN or ACN, and you must be registered as either a Sole Trader, Private Company, Partnership, Trust or a Self-Managed Super Fund (SMSF) with the Australian Business Register.)
- **To open an account, you will need to download, register and activate your Great Southern Bank Business app.**
- **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 predominantly available for business purposes operating in Australia.**
- **Minimum age** — 18 years
- **Residency status** — You must be an Australian tax resident.
- **To open an account, you must have an Australian Address.**

## Constraints

- **Maximum limit** — $10.00 (You can only hold a maximum of 10 accounts for this product.)
- **Maximum limit** — $20,000.00 (Transaction limit per card transaction of $20,000.)
- **Maximum limit** — $50.00 (There is a maximum limit of 50 card transactions in a 24 hour period.)
- **Minimum limit** — $10,000.00 (Authorised overdraft minimum overdraft amount.)
- **Maximum limit** — $20,000.00 (International single card transaction limit of $20,000.)
- **Maximum limit** — $50,000.00 (Authorised overdraft maximum Credit Limit.)
- **Maximum limit** — $30,000.00 (Maximum single transaction limit of $30,000.)
- **Maximum limit** — $100,000.00 (Maximum cumulative amount of transactions is $100,000 per day.)
- **Minimum limit** — $0.01 (Minimum single transaction limit of $0.01.)
- **Maximum limit** — $2,010.00 (Single cash ATM/POS withdrawal limit of $2,010.)
- **Maximum limit** — $50.00 (Maximum number of transactions per day is 50.)
- **Maximum limit** — $99.00 (You can only hold a maximum of 99 cards for this product.)
- **Maximum limit** — $20,000.00 (Daily domestic single card transaction limit of $20,000.)
- **Maximum limit** — $250.00 (Offline transaction limit of $250.)

## More information from Great Southern Bank Business+

- [Overview](https://cdn.gsb1.prod.cxnpl.io/files/products/956c0e95-5302-47cc-a084-d7970eafee85/v1/app_product_summary.md)
- [Terms & conditions](https://cdn.gsb1.prod.cxnpl.io/files/products/956c0e95-5302-47cc-a084-d7970eafee85/v1/GSB_Business_Transaction_Account_Terms_Conditions.pdf)

## Data provenance

- Published by Great Southern Bank Business+ under the Consumer Data Right
- Product ID: `956c0e95-5302-47cc-a084-d7970eafee85`
- Last updated by the provider: 14 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/great-southern-bank-business/956c0e95-5302-47cc-a084-d7970eafee85
- Provider page: https://www.cdrcompare.au/brands/great-southern-bank-business
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000386

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/great-southern-bank-business/products/956c0e95-5302-47cc-a084-d7970eafee85) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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