---
title: "Tyro Bank Account — Tyro Payments"
description: "Transaction & Savings Accounts from Tyro Payments. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/tyro-payments/products/93efba95-f852-4455-a965-807c0de3812c
source: "CDR Compare"
language: en-AU
last_updated: 2026-02-15T00:23:55.934059Z
---

# Tyro Bank Account — Tyro Payments

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

**Transaction & Savings Accounts · Tyro Prod**

A fee-free, interest earning business bank account that provides the flexibility to move money using the Tyro App.

## At a glance

- **Base rate:** 0.5%
- **Bonus rate:** 0.95% (conditions apply)

## Apply

Applications are handled by the provider: [Apply at Tyro Payments](https://www.tyro.com/get-started)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Rate earned on funds in the account up to 30 days.) | 0.5% | — | monthly |
| Bonus (Bonus rate earned on funds in the account greater than 30 days.) | 0.65% | — | monthly |
| Bonus (Bonus rate earned on funds in the account greater than 60 days.) | 0.8% | — | monthly |
| Bonus (Bonus rate earned on funds in the account greater than 90 days.) | 0.95% | — | monthly |

## Features

- **Digital banking** (The Tyro App lets you access 24/7 mobile banking so you can stay on top of your business from anywhere plus intelligent notifications, bank transfer, BPAY® and direct debits.)
- **Notifications** — Just-in-time reminders (Just-in-time reminders will let you know if funds are low, so you can reschedule bill payments.)
- **Unlimited transactions** — Fee-free transfers (No account keeping fees, no transaction fees and no penalties for accessing your funds.)
- **Seamless reconciliation with integrated bank feeds to Xero. Schedule batch payments in Xero – including BPAY and bank transfers, and Xero Payroll.** — Xero integration

## Eligibility

- **Business customers** (You must have an active ABN.)
- **You must be a Tyro EFTPOS/eCommerce customer.**

## More information from Tyro Payments

- [Overview](https://www.tyro.com/solutions/bank-account)
- [Terms & conditions](https://www.tyro.com/terms-and-conditions/)

## Data provenance

- Published by Tyro Payments under the Consumer Data Right
- Product ID: `93efba95-f852-4455-a965-807c0de3812c`
- Last updated by the provider: 15 February 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/tyro-payments/93efba95-f852-4455-a965-807c0de3812c
- Provider page: https://www.cdrcompare.au/brands/tyro-payments
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000154

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/tyro-payments/products/93efba95-f852-4455-a965-807c0de3812c) — 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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