Business+ Account
Transaction & Savings AccountsData Sharing Status
Everday banking for your business. Manage business cashflow and expenses.
- 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 |
|---|---|---|
| Mastercard Debit - Domestic | Transaction | $0.00 |
| ATM | Withdrawal | $0.00 |
| Electronic Fee | Transaction | $0.00 |
| Mastercard Debit - International | Transaction | 2.95% of transaction |
Features
- 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).
- Guarantor supported
- Subject to terms and conditions, you may need to nominate a guarantor during the origination process for an overdraft.
- Digital wallet — Add your card to your digital wallet for quick and easy payments on the go.
- Digital banking
- You can access your accounts on your mobile for all your online banking.
- Unlimited transactions
- Unlimited transfers between your savings and transaction accounts.
Eligibility
- 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.
- You must have an Australian mobile number and a valid email address.
- Minimum age — 18 years
- To open an account, you will need to download, register and activate your Great Southern Bank Business app.
- Residency status — You must be an Australian tax resident.
- To open an account, you must meet our ID verification requirements.
- To open an account, you must have an Australian Address.
- Business customersTo 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.
Constraints
- Minimum limit — $10,000.00Authorised overdraft minimum overdraft amount.
- Maximum limit — $250.00Offline transaction limit of $250.
- Maximum limit — $100,000.00Maximum cumulative amount of transactions is $100,000 per day.
- Maximum limit — $50.00There is a maximum limit of 50 card transactions in a 24 hour period.
More Information
Published by Great Southern Bank Business+ under the Consumer Data Right · Last updated 14 May 2026 · Product ID 956c0e95-5302-47cc-a084-d7970eafee85 · View on CDR.gov.au