Business Optimiser
Business account designed for business customers who seek a transaction account that earns a variable rate of interest on the whole balance.
- Base rate
- 0.75%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Interest is tiered and calculated daily based on the daily balance | 0.01% | Amount $0–$19,999.99 | every 3 months |
| Variable Interest is tiered and calculated daily based on the daily balance | 0.75% | Amount $20,000–$199,999.99 | every 3 months |
| Variable Interest is tiered and calculated daily based on the daily balance | 0.75% | Amount $200,000–$499,999.99 | every 3 months |
| Variable Interest is tiered and calculated daily based on the daily balance | 0.75% | Amount $500,000+ | every 3 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Dormant account fee Charged every 6 months · $15.00 six monthly if an account has no transactions (other than government charges or interest) processed during the preceding 24 months | Ongoing | $15.00 |
| Replacement card fee International $100.00 (when a replacement card is issued on your account when overseas) | Event | $100.00 |
| EasyPay notification fee - Letter | Withdrawal | $8.00 |
| SMS alert fee Charged for each SMS alert that is sent to you notifying you of account balances and/or other nominated transactions. | Transaction | $0.20 |
| Cheque notify fee - Customer Service | Event | $20.00 |
| Telegraphic transfer - Australian Currency (Outgoing International Payment) When transferring in AUD. Fee is inclusive of $40.00 payable to the product issuer, Convera Australia Pty Ltd. | Withdrawal | $50.00 |
| EasyPay notification fee - SMS |
Features
- Real-time payments (NPP)
- Transaction Fee Rebate. $3 per $1000 Minimum Monthly Balance (maximum $10 per month).
- Notifications — SMS or Email
- Receive notification from bank of your nominated transactions (e.g. low account balance warning; credits over $500)
- Digital banking
- PayID
- Digital wallet — Apple Pay or Google Pay
- Card access — Visa Debit Card
- Fraud protection
Eligibility
- Residency status — Australian Residents only
- Must be identifiable in terms of legislative requirements
- Business customers
Constraints
- Minimum balance — $1.00
- Opening balance — $1.00
More Information
Published by Greater Bank Limited under the Consumer Data Right · Last updated 24 June 2026 · Product ID 3030 · View on CDR.gov.au · View Source Data (JSON)