Stats crunched by Mozo Experts
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137Small Business Accounts
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53Banks
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5Award Categories
As a small business owner you want to focus on running your business, not scanning interest rates and fees of bank accounts to make sure you’re not paying more than you need.
These awards have been designed to help you. We’ve compared 137 business accounts of 53 providers for these awards and highlighted the ones that deliver the best value. So if you’re looking for a great deal on your small business finances, start your search here.
Standout Winners
Australia's Best Small Business Everyday & Savings Bank
AMP Bank introduced a new transaction account for businesses this year which rounded out the range of outstanding accounts available to small business owners.
AMP’s standout products take award wins in Exceptional Everyday Account and Term Deposit for Small Business categories. AMP Bank should be on the consideration list for any small business looking for great value banking deposit products.
Congratulations to:
AMP Bank
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Everyday Business Account
- account fee
- $0.00
- payment options
- Apple Pay, Google wallet
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AMP Cash Manager
- account fee
- $0.00
- Interest rates
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Balances from $0: 0.00% p.a.
Balances from $10,000.01: 4.75% p.a.
Balances from $250,000.01: 4.10% p.a.
Balances from $5,000,000.01: 0.00% p.a.
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Term Deposit
- interest rate
- 4.35% p.a.
- minimum deposit
- $5,000.00
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Business Saver Account
- standard rate
- 2.50% p.a.(for $0 and over)
- maximum rate
- 4.00% p.a. (for $0 to $5,000,000)
Highly Commended Small Business Everyday & Savings Bank
This award category recognises the institutions who took out award wins across several small business categories.
Goldfields Money secured wins in the Exceptional Everyday Account and High Interest Savings categories, making them easy to recommend to any small business.
Congratulations to:
Goldfields Money
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Boss Access Account
- account fee
- $0.00
- payment options
- Apple Pay, Google Pay
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Cash Management Account
- account fee
- $0.00
- standard rate
- 4.40% p.a.(for $1 and over)
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Term Deposit
- interest rate
- 4.50% p.a.
- minimum deposit
- $5,000.00
Small Business Exceptional Everyday Account
The winners in this category have standout transaction accounts specifically for businesses offering both no monthly fees and unlimited free electronic transactions.
Congratulations to:
AMP Bank, ANZ, BCU Bank, BOQ Specialist, Commonwealth Bank, G&C Mutual Bank, Goldfields Money, Heritage Bank, NAB, Newcastle Permanent, P&N Bank, People's Choice, Regional Australia Bank, Suncorp Bank, The Mutual Bank, and Westpac
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AMP Cash Manager
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, Samsung Pay
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Everyday Business Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google wallet
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Business Essentials
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay, Garmin, Fitbit, PayTo
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Business Basic Access Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
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One Account for Business
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay
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Business Transaction Account
Online banking option
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
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BusiAccess
- Account Fee
- $10.00
- Payment Options
- Apple Pay, Google Pay, PayID
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Boss Access Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay
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Business Cheque Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
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$0 Business Everyday Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
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Business Cash Management Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID
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Business Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, Samsung Pay
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Business Access Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
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Business Community Partnership Account
- Account Fee
- $0.00
- Payment Options
- PayID
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Business Premium Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID
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Business Cheque Account
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID
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Business One
- Account Fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
Small Business High Interest Savings
The winners in this category are the leading small business at call savings accounts, excluding introductory offers according to our analysis.
Congratulations to:
Bank First, First Option Bank, Goldfields Money, Macquarie, and Southern Cross Credit Union
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Cash Management Accelerator Account
- Maximum Rate
- No Current Offer
- Standard Rate
- 4.40% p.a.(for $0 to $2,000,000)
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Business Savings Account
- Maximum Rate
- No Current Offer
- Standard Rate
- 4.40% p.a.(for $0 to $1,000,000)
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Bonus Saver
- Maximum Rate
- 4.35% p.a. (for $0 to $150,000)
- Standard Rate
- 0.05% p.a.(for $0 and over)
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Business Star Saver
- Maximum Rate
- 4.80% p.a. (for $0 and over)
- Standard Rate
- 1.05% p.a.(for $0 and over)
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Business Bonus Saver
- Maximum Rate
- 4.40% p.a. (for $1 to $2,000,000)
- Standard Rate
- 0.50% p.a.(for $1 to $2,000,000)
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Cash Management Account
- Maximum Rate
- No Current Offer
- Standard Rate
- 4.40% p.a.(for $1 and over)
Small Business Term Deposit
This awards category aims to identify the financial institutions that most often offer small business customers competitive interest rates across short, medium, and long term investment options.
Congratulations to:
AMP Bank, Judo Bank, and MOVE Bank
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Term Deposit
- Interest Rate
- 4.75% p.a.
- Minimum Deposit
- $1,000.00
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Term Deposit
- Interest Rate
- 4.35% p.a.
- Minimum Deposit
- $5,000.00
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Term Deposit
- Interest Rate
- 4.50% p.a.
- Minimum Deposit
- $5,000.00
What are the Mozo Experts Choice Awards?
Now in their twelfth year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.
For the 2025 Small Business Accounts awards, we analysed 137 small business products from 53 providers.
“With these awards, we aim to help small business owners get a better bang for their banking buck,” Mozo Experts Choice Awards Judge Peter Marshall said.
“By highlighting the providers that have the best rates and lowest fees, small business owners can keep more money in their business rather than paying banks unnecessary fees.”
For details on how we crunched the numbers and determined our winners, see the 2025 Mozo Experts Choice Small Business Accounts Awards methodology report.
Our Expert Judges
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
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AJ Duncanson
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Peter Marshall
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Meredith Allan
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George Hirst
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Rumpa Saha
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Afia Asha
FAQs
What’s the Judging Criteria for the awards?
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to Australian small businesses and consumers. See our Mozo Experts Choice Small Business Accounts Awards methodology report for more detailed information on how we performed product comparisons and determined the final Small Business Accounts Award winners for 2025.
Did you compare all small business accounts in the market for these awards?
For the Mozo Experts Choice Awards, we aim to include most small business account providers in the market. However, not every financial institution or product on the market will be included in our review. Any product we review must be available in the market at the time of our analysis.
Who are the Mozo Experts?
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Mozo's Financial Services Specialist he contributes to the team of analysts that gather information and compare products every day, and oversees the calculations and data quality used for producing the Mozo Experts Choice Awards.
I work for a financial institution, how do we promote our win?
Please get in touch with us to discuss by email should you have any queries.