Finder makes money from featured partners, but editorial opinions are our own.

Business Banking: Compare business banking products and services

Compare business bank accounts, business investment accounts, business credit cards and payment options, as well as business loans.

Business Account Offer

Prospa Business Account

Prospa Business Account

Business Account Offer

This is a business bank account with no monthly fees or minimum balance requirements and a complimentary Prospa Visa Business Debit Card. You can also schedule one-off or recurring payments, and manage your account 24/7 via the Prospa mobile app.

  • Monthly account fee: $0
  • Linked debit card: Visa
  • ATM withdrawal fee: $0
Go to site
Promoted

Compare business banking solutions

1 - 8 of 8
Name Monthly fee Govt. Guarantee Own network ATM fee Card type
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Mastercard
Go to siteMore Info
N/A
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Mastercard
Go to siteMore Info
Apple Pay Google Pay Samsung Pay Fitbit Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0.60
Card type
Visa
More Info
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
Apple Pay Google Pay Samsung Pay
Monthly fee
$10
Government Guarantee
Own network ATM fee
$5
Card type
Visa
loading
Showing 8 of 8 results
1 - 10 of 28
Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro Period Government Guarantee Monthly Max Rate Conditions
Maximum Variable Rate p.a.
4.15%
Standard Variable Rate p.a.
2.65%
Intro Period
6 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
1.35%
Standard Variable Rate p.a.
1.35%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
1.00%
Standard Variable Rate p.a.
0.60%
Intro Period
6 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
1.55%
Standard Variable Rate p.a.
0.01%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
1.35%
Standard Variable Rate p.a.
1.35%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
1.35%
Standard Variable Rate p.a.
1.35%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
1.35%
Standard Variable Rate p.a.
1.35%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
3.60%
Standard Variable Rate p.a.
1.35%
Intro Period
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
1.55%
Standard Variable Rate p.a.
1.55%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Maximum Variable Rate p.a.
0.01%
Standard Variable Rate p.a.
0.01%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
loading
Showing 10 of 28 results
1 - 11 of 11
Name Product 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 12 Mths p.a. 24 Mths p.a.
Westpac Business Term Deposit
3.00%
3.10%
3.20%
3.30%
3.35%
3.95%
4.00%
ME Business Term Deposit
2.25%
4.75%
1.25%
3.10%
5.00%
5.20%
4.30%
Commonwealth Bank Business Term Deposit
3.45%
3.50%
3.60%
3.70%
3.80%
4.25%
3.95%
ANZ Business Notice Term Deposit
3.05%
3.15%
3.20%
3.30%
3.35%
4.50%
4.00%
Suncorp Business Saver Account flexiRates
4.30%
4.80%
4.80%
ING Business Term Deposit
0.50%
0.50%
1.50%
0.80%
2.00%
2.40%
Arab Bank Business Fixed Term Deposit
Arab Bank Business Fixed Term Deposit
3.50%
3.65%
4.30%
4.15%
4.50%
3.85%
AMP Business Term Deposit
AMP Business Term Deposit
5.10%
5.10%
5.10%
5.10%
5.10%
5.40%
5.15%
Bank Australia Business Term Deposits
Green Company
Bank Australia Business Term Deposits
4.75%
5.00%
5.00%
4.50%
Bank of Melbourne Business Term Deposit
Bank of Melbourne Business Term Deposit
3.05%
3.15%
3.25%
3.35%
3.40%
4.00%
4.05%
Bank of Sydney Business Term Deposit
Bank of Sydney Business Term Deposit
5.20%
4.00%
5.05%
5.35%
4.00%
4.00%
loading
1 - 2 of 2
Name Product Payment types Machine type Least-cost routing Cost
Zeller
Visa, Mastercard, EFTPOS, American Express, JCB, Apple Pay, Google Pay
Countertop, Portable
No
$299 to own the terminal with no lock-in contract
Zeller payment terminals accept a large range of payment types including EFTPOS, debit, credit and contactless transactions and can be counter-top based or used as a portable terminal.
Tyro
Visa, Mastercard, EFTPOS, American Express, JCB, UnionPay, AliPay, Diners Club
Countertop, Portable
Yes
From $29/month with no lock-in contracts
Featuring 24/7 local support, integration with existing POS systems and an available linked interest-earning transaction account.
loading
1 - 15 of 55
Name Product Bonus points Rewards points per $ spent Complimentary travel insurance Minimum annual revenue Annual fee
American Express Qantas Business Rewards Card
150,000
1.25
Yes
$75,000
$450
ABN holders w/ $75k revenue. Earn 150,000 bonus Qantas Points when you spend $3,000 in the first 2 months. Ends 08 August 2023.
American Express Business Explorer Credit Card
N/A
2
Yes
$75,000
$0 first year ($149 after)
ABN holders w/ $75,000 revenue. Earn up to 2 points per $1 spent and save with a $0 annual fee in the first year.
NAB Qantas Business Signature Card
100,000
0.66
No
$75,000
$295
Receive 100,000 bonus Qantas Points when you spend $4,000 on everyday business purchases in the first 60 days. ABN required.
American Express Platinum Business Card
200,000
2.25
Yes
$75,000
$1,750
ABN holders w/ $75,000 revenue. Get 200,000 bonus Membership Rewards points when you spend $8,000 in the first 3 months. Ends 08 August 2023.
American Express Velocity Business Card
100,000
1
Yes
$75,000
$249
ABN holders w/ $75,000 revenue. Get 100,000 bonus Velocity Points when you spend $3,000 in the first 2 months.
NAB Rewards Business Signature Card
100,000
1.25
No
$75,000
$175
Get 100,000 bonus NAB Rewards points when you spend $4,000 on everyday business purchases in the first 60 days. ABN required.
American Express Gold Business Card
75,000
1.5
Yes
$75,000
$169
ABN holders w/ $75,000 revenue. Get 75,000 bonus Membership Rewards Points when you spend $1,000 within the first 2 months. Plus, earn 1.5 points per $1 on eligible spending with Membership Rewards.
CommBank Corporate Low Rate Credit Card
N/A
N/A
No
$40
Designed for businesses looking to pay down large purchases over time with flexible payment options and customised controls.
ANZ Business Rewards Options
50,000
1
No
$0 first year ($200 after)
Get 50,000 bonus ANZ Rewards Points when you spend at least $3,000 on eligible purchases in the first 3 months. Plus, a $0 first-year annual fee and $0 fee per additional card.
Westpac BusinessChoice Rewards Platinum Mastercard
N/A
0.5
Yes
$150
Get up to 0.5 Qantas Points per $1 on eligible business spending, complimentary insurances and individual card limits.

CommBank Corporate Interest Free Days Card
N/A
N/A
No
$40
Get up to 55 days interest-free on purchases and customised account controls to manage your spending limits and expenses.
CommBank Corporate Charge Card
N/A
N/A
No
$40
Designed for large organisations with significant expenses and reduces processing costs with electronic reporting and management.
Bendigo Bank Business Credit Card
N/A
N/A
No
$48
A business card with flexible liability arrangements, competitive rates and gives you the ability to personalise your card.
American Express Qantas Corporate Card
50,000
1.5
No
$10,000,000
$70
Earn 50,000 bonus Membership Rewards Points when you spend $10,000 in the first 2 months. Plus, triple Qantas Points on eligible business flights.
Bank of Melbourne Corporate Mastercard
N/A
N/A
No
Experience a complete financial management system available online and the protection of complimentary insurances.
loading
1 - 15 of 90
Name Product Min. Loan Amount Max. Loan Amount Loan Term Upfront Fee Filter Values
ScotPac Boost Business Loan
$10,000
$500,000
3 months to 3 years
$0 application fee
A business loan for any industry. Borrow between $10,000 and $500,000, with approved loans funded within 24 hours. Minimum monthly turnover of $10,000 and 1 year of trading history required.
Swoop Finance Business Loan
$5,000
$20,000,000
3 months to 30 years
Depending on your loan contract
Apply online and borrow between $5,000 and $20,000,000. Available to businesses with a minimum of 6 months operating history and have $20,000 in turnover.
Moula Business Loan
$5,000
$250,000
1 to 2 years
A loan of up to $250,000 that can be approved and funded within 24 hours. Available to businesses with 6+ months operating history and $5,000+ monthly sales.
Westpac Business Loan
$20,000
No maximum amount
1 to 30 years
Subject to Negotiation
Purchase a new vehicle, equipment or support your cash flow with a business finance solution from Westpac.
Shift Business Term Loan
$25,000
$1,000,000
1 to 5 years
3%
A term loan for any business purpose that allows you to borrow up to $1,000,000 secured, or $250,000 unsecured.
Lumi Unsecured Business Loan
$5,000
$300,000
3 months to 3 years
2.5% establishment fee
Apply for up to $300,000 from Lumi and benefit from short loan terms, no early repayment fees and once approved receive your funds in just one business day.
Valiant Finance Business Loan Broker
$5,000
$1,000,000
3 months to 5 years
$0 application fee
A Business Lending Specialist from Valiant Finance can give you access to competitive business loans from over 70 lenders. Loans between $5,000 and $1 million are available. Request a call – your loan can be funded in 1 business day.
ebroker Business Loan
$5,000
$5,000,000
1 month to 30 years
$0 application fee
Small business loans available between $5,000 and $5,000,000. Get access to 70+ non-bank lenders on this independent platform.
Shift Business Overdraft
$10,000
$1,000,000
1 month to 5 years
$0
A business overdraft that links to your business transaction account so you can pay your costs with confidence.
Max Funding Unsecured Business Loan
$3,000
$30,000
1 month to 1 year
$0 application fee
An unsecured business loan from $3,000 that offers convenient pre-approval and no early repayment fees.
Prospa Business Loan
$5,000
$500,000
3 months to 3 years
3.5% origination fee
Small business loans are available from $5,000 - $500,000 on terms of up to 3 years. At least six months trading history and a monthly turnover from $5,000 is necessary.
OnDeck Business Loans
$10,000
$250,000
6 months to 2 years
3% of loan amount
Apply for up to $250,000 and receive your approved funds in one business day. Minimum annual turnover of $100,000 and 1 year of trading history required.
Banjo Business Loans
$20,000
$1,000,000
6 months to 3 years
up to 3% for the 36 month loan term
Available for businesses that are at least two years old and has an annual turnover of $500,000.
Zip Business Loan
$10,000
$500,000
6 months to 5 years
No establishment fee
Borrow up to $500,000 with loan terms of up to 5 years. Flexible weekly, fortnightly and monthly repayment options available with no early repayment fees.
Heritage Bank Equipment Loan
$20,000
$500,000
Up to 5 years
$450
This business loan is designed to buy new or used equipment and has borrowing amounts between $20,000 and $500,000. No monthly fees and the loan is secured against the assets purchased.
loading

Learn more about business savings account

A business savings account allows you to earn interest on your business funds while you're not using them. These accounts are a convenient way to earn passive income and can be linked to your business transaction account for easy access whenever you need it.

Compare business savings accounts

Read this guide to find out what to look for when choosing a business savings account and compare business savings accounts in Australia to find the best one for your needs.

Learn more about business transaction accounts

If your business is registered as a partnership, company or trust in Australia, you’re required to open a business transaction account. These are accounts designed specifically with businesses in mind and can be used to pay for your day-to-day business expenses, pay invoices and wages and receive payments from clients and customers.

Reducing business banking costs

Keeping costs to a minimum is a crucial aspect of budgeting effectively as a small business owner. Paying unnecessary banking fees can eat into your business profits but choosing the right transaction and savings accounts can help you minimise or avoid these fees entirely.

How to avoid business banking fees

Read this guide to find out how you can cut down on business costs by choosing the right bank account. Learn about the different types of banking fees you're likely to encounter and how you can avoid them.

Are you looking for other business banking solutions?

Watch: 5 winning strategies to improve small business cash flow


Read more on this topic

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

4 Responses

    Default Gravatar
    vandaJune 13, 2018

    which bank provide cheapest and best and fast eftpos mobile terminal for small business

      Default Gravatar
      NikkiJune 15, 2018

      Hi Vanda,

      Thanks for your message and for visiting Finder.

      You may refer to our guide on how to set up an EFTPOS machine if you are looking for an EFTPOS terminal provider.

      Hope this helps. Feel free to message us back should you further questions.

      Cheers,
      Nikki

    Default Gravatar
    ellieMarch 22, 2018

    i need to know which australian bank offers the lowest foreign transaction fees.

    please let me know

    thank you

    ellie

      Avatarfinder Customer Care
      JeniMarch 22, 2018Staff

      Hi Ellie,

      Thank you for getting in touch with Finder.

      You can check some Australian banks offering debit cards with low foreign transaction fees. On the page is a comparison table you can use to see which account suits you. When you are ready, you may then click on the “Go to site” button and you will be redirected to the bank’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

Go to site