Business Bank Account Comparison

Business banking is made cheaper and easier with a great everyday account ‚ one that has the features you need and none of the fees you don't. Compare small business accounts in seconds for the best deal on rates, fees and flexibility.

Page last updated March 25, 2019

Business bank account comparisons on Mozo - rates updated daily Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

  • Business Everyday Account

    $0 Monthly Fee

    $0.00

    Unlimited standard NAB electronic transactions, no ATM fees at NAB ATMs

    No ATM fees at over 3,000 NAB ATMs and rediATMs

    Go to site

    • NAB

    • Visa Debit

    • Balances from $0: 0.01% p.a.

    Read our Mozo Review to learn more about the Business Everyday Account

    Go to site

    Details Close

  • Everyday Business Account

    $10.00

    5 free counter deposits, unlimited free ATM, EFTPOS, cheque, BPAY and internet transactions

    Go to site

    • BoQ, rediATM

    • Visa Debit

    • Balances from $0: 0.00% p.a.

    Read our Mozo Review to learn more about the Everyday Business Account

    Go to site

    Details Close

  • Freedom Business Account

    $10.00

    Unlimited free transactions from internet, phone, EFTPOS, network ATM, direct debits and direct credits. 30 free cheque and counter deposits and withdrawals.

    Long features

    Go to site

    • St.George, Westpac, BankSA, Bank of Melbourne

    • Visa Debit

    • Balances from $0: 0.00% p.a.

    Read our Mozo Review to learn more about the Freedom Business Account

    Go to site

    Details Close

  • Business Access Account

    $0.00

    $3 plus $3 per $1,000 of account balance. Free internet and phone banking.

    Go to site

    • Greater

    • Visa Debit or
      EFTPOS

    • Balances from $0: 0.00% p.a.
      Balances from $100,000: 0.10% p.a.

    Read our Mozo Review to learn more about the Business Access Account

    Go to site

    Details Close

  • Business Access Account

    $0.00

    40 free transactions (agency, branch withdrawals, cheques deposits, direct debits, EFTPOS withdrawl, rediATM withdrawal). Unlimited BPAY, Cash Deposit, Visa Debit Card transactions

    Go to site

    • rediATM

    • Visa Debit

    • Balances from $0: 0.00% p.a.

    Read our Mozo Review to learn more about the Business Access Account

    Go to site

    Details Close

  • Business Everyday Account

    $0 Monthly Fee

    $0.00

    Unlimited standard NAB electronic transactions, no ATM fees at NAB ATMs

    No ATM fees at over 3,000 NAB ATMs and rediATMs

    Go to site

    • NAB

    • Visa Debit

    • Balances from $0: 0.01% p.a.

    Read our Mozo Review to learn more about the Business Everyday Account

    Go to site

    Details Close

  • Business Access Account

    $0.00

    $3 plus $3 per $1,000 of account balance. Free internet and phone banking.

    Go to site

    • Greater

    • Visa Debit or
      EFTPOS

    • Balances from $0: 0.00% p.a.
      Balances from $100,000: 0.10% p.a.

    Read our Mozo Review to learn more about the Business Access Account

    Go to site

    Details Close

  • Business Cheque Account

    $10.00

    Unlimited free transactions from internet, counter deposit, BPay and Visa Debit purchases. 40 free transactions from network ATM, EFTPOS and counter withdrawals. If balance is over $50,000 then receive 60 free transactions per month.

    Go to site

    • Newcastle Permanent

    • Visa Debit

    • Balances from $0: 0.00% p.a.

    Read our Mozo Review to learn more about the Business Cheque Account

    Go to site

    Details Close

  • Business Everyday Account

    $0 Monthly Fee

    $0.00

    Unlimited standard NAB electronic transactions, no ATM fees at NAB ATMs

    No ATM fees at over 3,000 NAB ATMs and rediATMs

    Go to site

    • NAB

    • Visa Debit

    • Balances from $0: 0.01% p.a.

    Read our Mozo Review to learn more about the Business Everyday Account

    Go to site

    Details Close

  • Business Access Account

    $0.00

    $3 plus $3 per $1,000 of account balance. Free internet and phone banking.

    Go to site

    • Greater

    • Visa Debit or
      EFTPOS

    • Balances from $0: 0.00% p.a.
      Balances from $100,000: 0.10% p.a.

    Read our Mozo Review to learn more about the Business Access Account

    Go to site

    Details Close

  • Business Everyday Account

    $0 Monthly Fee

    $0.00

    Unlimited standard NAB electronic transactions, no ATM fees at NAB ATMs

    No ATM fees at over 3,000 NAB ATMs and rediATMs

    Go to site

    • NAB

    • Visa Debit

    • Balances from $0: 0.01% p.a.

    Read our Mozo Review to learn more about the Business Everyday Account

    Go to site

    Details Close

  • Business Cheque Account

    $10.00

    Unlimited free transactions from internet, counter deposit, BPay and Visa Debit purchases. 40 free transactions from network ATM, EFTPOS and counter withdrawals. If balance is over $50,000 then receive 60 free transactions per month.

    Go to site

    • Newcastle Permanent

    • Visa Debit

    • Balances from $0: 0.00% p.a.

    Read our Mozo Review to learn more about the Business Cheque Account

    Go to site

    Details Close

Want more? Compare all 92 bank accounts in the Mozo comparison engine.

Compare more bank accounts

^See information about the Mozo Experts Choice Awards for Small Business Bank Accounts

Business Bank Account Resources

Reviews, news, tips and guides to help find the best business bank account for you.

FAQ
Business Banking Guides
Business Banking News

Banking information for businesses

Business banking offers a range of features - and fees - these days, but Mozo takes the time and hassle out of comparing business bank account options. Our quick comparison table delivers the cheapest business accounts with features you need.

Bank account features

Business bank accounts typically offer internet banking, electronic transactions, phone banking, Bpay, visa debit card options, chequing and overdrafts. You may also be interested in linked business savers or business loans and can these by clicking on the business tab above.

Company bank account fees

The trade off for all these business transaction account facilities is often a monthly fee, or fee-free limited access. Make sure your account has the features you need - and no costly extras you don't.

Small business bank accounts

The costs of business banking can really add up - especially if your business is just starting up. So be sure to negotiate on the monthly fees, particularly if you're also looking at business loans or other business bank accounts.

This page only has business bank accounts - for personal everyday bank accounts click on the ‘Banking' tab above.

Business Banking Guides

Business loan application tips

Small business loans can be key to getting things off the ground or expanding your operations. Here are Mozo's top tips to nail the application process.
Business bank applications checklist

Tedious bank applications are made even more tedious when you don't have the required forms on hand. Fast-track your applications with Mozo's applications checklist.
Choosing a business bank account

Choosing a business banking account is about packing all the transaction facilities you need into the smallest possible monthly fee. There's a wide range of options, often varying from bank to bank, but here are some small business finance tips.
Compare Business Banking Packages

It's important for a small business to establish a relationship with a bank, as you may one day want to ask for some money or demand a mates rate on fees. While one institution is unlikely to have the best possible deal for every small business bank product, you could win out in the end by taking out a small business package encompassing bank accounts, savings products, credit cards and more.
A guide to business credit cards

Whether to get a small business credit card - and which one to apply for - is a matter of balancing features against interest and fees, and securing the best business credit card offer.
Business saving account features

The variety of high interest business accounts may spoil you for choice. It's all about the features you need and the best interest rate you can get.
Pros and cons of business overdrafts

A small business overdraft or line of credit allows you to spend up to a certain limit beyond your balance, and is available with most bank accounts and business loans.
New up-and-coming lenders shaking up the business loan scene

If you’re a small business owner searching for some extra funding, you don’t want to wind up saddled with a loan and an interest rate that will send your business under instead, do you? Of course not! You want an affordable source of cash and you want it quick.

More Business banking guides

Business Banking News

$1 billion: The small business benefits behind Prospa’s loan milestone

If there was ever any doubt as to the growing popularity of online business loans in Australia, Prospa’s most recent announcement may have put it to rest.     
Westpac: 50% of small businesses wary of looming federal election

A date is still yet to be announced, but the looming federal election - likely to be in May - is already having an impact on the decisions of Australian small businesses new research from Westpac has revealed.
Moula takes challenge to banks with $250 million business loans boost

Traditionally, Australian small businesses have turned to banks to help fund their everyday operations and help them grow, but a wave of new challengers have hit the business loans scene in recent years, including online lender Moula.

More Business Banking News