---
title: "Business Optimiser — Greater Bank Limited"
description: "Transaction & Savings Accounts from Greater Bank Limited. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/greater-bank-limited/products/3030
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-28T14:00:00Z
---

# Business Optimiser — Greater Bank Limited

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

**Transaction & Savings Accounts · Greater Bank**

Business account designed for business customers who seek a transaction account that earns a variable rate of interest on the whole balance.

## At a glance

- **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 |
| --- | --- | --- |
| EFT transaction fee (Outward RTGS) — Applicable when you send an outward RTGS (Real time gross settlement) | Withdrawal | $20.00 |
| EasyPay notification fee - SMS | Withdrawal | $0.20 |
| Stop payment fee — Charged to stop payment of a cheque you have drawn or a bank cheque. | Event | $7.00 |
| Cheque drawn — Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) · Discount −$0.00 — Fee Waiver | Withdrawal | $0.80 |
| Overseas ATM — $5.00 plus Foreign Currency Conversion Fee · Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) · Discount −$0.00 — Fee Waiver | Withdrawal | $5.00 |
| 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 |
| Over-the-counter withdrawals — Discount −$0.00 — Fee Waiver · Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) | Withdrawal | $2.25 |
| Dishonour cheque fee | Dishonour | $15.00 |
| Cheque deposit — Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) · Discount −$0.00 — Fee Waiver | Deposit | $0.25 |
| 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 |
| Bank cheque fee — Discount −$0.00 — Fee Waiver · Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) | Withdrawal | $9.00 |
| Cheque honour fee — Charged if we honour a cheque that would otherwise have been dishonoured due to insufficient funds. | Transaction | $5.00 |
| Direct debit dishonour fee | Dishonour | $8.00 |
| Cheque notify fee - SMS | Event | $0.20 |
| Unclaimed monies fee — Charged if an account had no transactions (other than government charges or interest) processed during the last three years. | Event | $30.00 |
| Replacement card fee  — Domestic $7.00 (when a replacement card is issued on your account within Australia) | Event | $7.00 |
| Telegraphic transfer - Foreign Currency (Outgoing International Payment) — When transferring in a foreign currency. Fee is inclusive of $20.00 payable to the product issuer, Convera Australia Pty Ltd. | Withdrawal | $30.00 |
| Cheque notify fee - Customer Service | Event | $20.00 |
| Replacement card fee — International $100.00 (when a replacement card is issued on your account when overseas) | Event | $100.00 |
| Information fee - Per Page — $20.00 plus $1.00 per page | Enquiry | $1.00 |
| Bulk coin purchase fee - External order | Withdrawal | $8.00 |
| Foreign currency conversion fee — 3.00% of the value of the transaction in AUD debited to your account when you make a transaction in a foreign currency or in AUD when you are outside of Australia; or in Australia where the merchant or financial institution that processes the transaction is located outside of Australia | Purchase | 3% of transaction |
| Deposit unbagged coin — Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) · Discount −$0.00 — Fee Waiver | Deposit | 2% of transaction |
| Payment service creation fee — Charged when a customer requests we create an Easypay or Third Party Payment Service to other than a Greater Bank account. | Withdrawal | $2.50 |
| Information fee — $20.00 plus $1.00 per page | Enquiry | $20.00 |
| 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 |
| Bank transfer fee (inward RTGS) — Applicable when receiving an inward RTGS (Real time gross settlement) | Deposit | $8.00 |
| Foreign currency deposit fee | Deposit | $5.00 |
| Cheque copy fee | Event | $15.00 |
| Over-the-counter BPAY — Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) · Discount −$0.00 — Fee Waiver | Withdrawal | $1.00 |
| Deposit bagged coin — Discount −$0.00 — Fee Waiver · Discount −$0.00 — Fee Allowance (eligibility: Other: Account has a Transaction Fee Allowance of $3 per month, plus a Transaction Fee Rebate of $3 per $1,000 Minimum Monthly Balance. E.g. $15 rebate for $5,000 Minimum Monthly Balance, plus $3 Transaction Fee Allowance.  Charity and community based accounts may attract an increased Transaction Fee Allowance of $20 per month.) | Deposit | 1% of transaction |
| Bulk coin purchase fee - Existing branch stock  — Existing branch stock 2.00% of total value (minimum $2.00) | Withdrawal | 2% of transaction |

## 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 wallet** — Apple Pay
- **Digital banking**
- **PayID**
- **Card access** — Visa Debit Card
- **Digital wallet** — Google Pay
- **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 from Greater Bank Limited

- [Overview](https://www.greater.com.au/business/business-accounts#tab-business-optimiser)
- [Terms & conditions](https://www.greater.com.au/termsandconditions#business)
- [Fees & pricing](https://www.greater.com.au/business-optimiser-product-schedule)

## Data provenance

- Published by Greater Bank Limited under the Consumer Data Right
- Product ID: `3030`
- Last updated by the provider: 28 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/greater-bank-limited/3030
- Provider page: https://www.cdrcompare.au/brands/greater-bank-limited
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000346

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/greater-bank-limited/products/3030) — 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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