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Banking & Saving Business Accounts

Compare Business Bank Accounts

Compare business bank accounts and choose from a range of benefits, including free banking for life, free deposits & withdrawals and internet & telephone banking to help your business grow.

Provider Account Interest %p.a Free Banking Duration Interest Paid Apply
0%
for Unlimited duration if Deposit $5k+, otherwise $10 per month
Every 6 Months
0%
for Unlimited duration if Deposit $10k+ otherwise $10 per month
Monthly
  • $0 monthly account keeping fee on your Freedom Business Account when you maintain a set minimum balance of $5,000, otherwise $10 per month
  • Unlimited fee-free internet and phone Business Banking 24/7
  • $0 annual fee BusinessVantage Visa credit card when you upgrade to a Business Owners' Transaction Package
  • 10 free deposits or withdrawals per month at a branch or ATM
  • 10 free cheque deposits or merchant envelopes per month
  • Interest is Calculated daily and paid every 6 months
  • $0 monthly account keeping fee on your Freedom Business Account when you maintain a set minimum balance of $10,000, otherwise $10 per month
  • More over counter business transactions
  • $0 annual fee BusinessVantage Visa credit card* when you upgrade to a Business Owners' Transaction Package
  • 15 free deposits or withdrawals per month at a branch or ATM
  • 15 free cheque deposits or merchant envelopes per month
  • Interest is Calculated daily and paid monthly

Advice

Get 50% off $149 Annual fee - now only $74!
Earn 1.25 reward points on every dollar you spend - realise personal benefits simply from processing business spend through this card.

Introductory Offer
Balance Transfer Rate: 2.90% p.a. for 9 mths
Purchase Rate: N/A
Standard Rates
Purchases: 20.49% p.a.
Balance Transfers: 20.49% p.a.
Cash Advance: 21.24% p.a.
Annual Fee: $74 p.a.
Standard Features
Credit Limit: $60,000
Interest Free Days: Up to 55 days
On-Line Banking: Yes
Approval Criteria
  • You are at least 18 Years of Age
  • You have a Good Credit History
  • You are a permanent resident/citizen of Australia
  • You have an Income of over $35,000.pa
  • If you are an existing Citibank credit card or loan customer, you must have held your current Citibank account for at least 9 months before you can apply for another credit card or line of credit.

Credit Card Benefits

  • Up to $60,000 credit limit and up to 55 days interest free on retail purchases
  • Complimentary Business Concierge service
  • Complimentary International travel insurance
  • Worldwide acceptance with VISA
  • Optional Credit Card Insurance5 - protection if you can't make your repayments.

Credit Card Rewards

  • Earn 1.25 reward points on every dollar you spend - realise personal benefits simply from processing business spend through this card.

Business Accounts Explained

  • What are Business Accounts?

Business Accounts are designed specifically to meet the needs of businesses with a range of convenient features for both savings and transactional purposes.

  • Will I be approved for a business account?

All businesses are eligible for a business bank account, so whether your business is big or small, a business account is worth considering. Once you have applied for an account, it is down to the bank to approve or deny your application.

If you are a new company, you will need to provide details regarding your business, which may include financial forecasts, together with a detailed business plan.

  • What will the bank want to know?

If you are an existing company then you will need to provide details of how you have managed your accounts in the past. The bank you apply to may carry out a credit check based on past banking history as part of decision process such as looking at outstanding debts or any other potential problems.

See our range of Business Accounts above