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BankSA is the largest financial institution in South Australia, and boasts the largest network of branches and ATMs in the state. BankSA aims to help South Australians get the best from their money, and offers a wide range of bank accounts, home loans, personal loans, credit cards and other financial services.
Last updated 21 November 2024
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Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
BankSA small business bank accounts
Freedom Business Account
Account fee
$10.00
Fee free transactions
Unlimited free transactions from internet, phone, EFTPOS, network ATM, direct debits and direct credits. 30 free cheque and counter deposits and withdrawals.
Link not supplied
Account fee
$10.00
$0 monthly fee if minimum monthly balance exceeds $100,000. $0 monthly fee for first 12 months, regardless of balance.
Standard interest rate
Balances from $0: 0.00% p.a.
Maximum interest rate
-
Maximum rate conditions
n/a
What kind of card?
Visa Debit
Access
ATM, EFTPOS, Visa Debit, Cheque book, BPay, Branch access
ATM networks
BankSA, Westpac, St.George, Bank of Melbourne
Network ATM fee
$0.00
Over the counter deposit fee
$0.00
Over the counter withdrawal fee
$1.00
EFTPOS fee
$0.00
Phone fee
$0.00
Internet fee
$0.00
Overseas ATM fee
-
Overseas purchase fee
$0.00
Foreign exchange commission
3.00%
Branch access
yes
BPAY
yes
Australia Post banking
no
Other restrictions
-
Other benefits
New Accounts opened by 31 July 2025 will have $10 account fees waived for the first 12 months. Pay 1 month of a new MYOB Business subscription by 5pm 8 Oct 2025 to get a bonus 12 months when you subscribe with your BankSA business debit or credit card.
Fee free transactions
Unlimited free transactions from internet, phone, EFTPOS, network ATM, direct debits and direct credits. 30 free cheque and counter deposits and withdrawals.
Business Cheque Account Plus
Account fee
$20.00
Fee free transactions
Unlimited free transactions from internet, phone, EFTPOS, network ATM, direct debits and direct credits. 70 free cheque and counter deposits or withdrawals.
Link not supplied
Account fee
$20.00
Standard interest rate
Balances from $0: 0.00% p.a.
Maximum interest rate
-
Maximum rate conditions
n/a
What kind of card?
Visa Debit
Access
ATM, EFTPOS, Visa Debit, Cheque book, BPay, Branch access
ATM networks
BankSA, Westpac, St.George, Bank of Melbourne
Network ATM fee
$0.00
Over the counter deposit fee
$0.00
Over the counter withdrawal fee
$1.00
EFTPOS fee
$0.00
Phone fee
$0.00
Internet fee
$0.00
Overseas ATM fee
-
Overseas purchase fee
$0.00
Foreign exchange commission
3.00%
Branch access
yes
BPAY
yes
Australia Post banking
no
Other restrictions
-
Other benefits
Pay 1 month of MYOB Business and get a bonus 12 months when you subscribe with your BankSA business debit or credit card. New MYOB subscribers only. Must use eligible card to take up offer by 5pm 8th October 2025.
Fee free transactions
Unlimited free transactions from internet, phone, EFTPOS, network ATM, direct debits and direct credits. 70 free cheque and counter deposits or withdrawals.
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Join the 35K+ subscribers who receive our weekly Moneyzone newsletter, showcasing the latest rate movements, exclusive deals, money-saving hacks, and expert insights from Mozo.
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
Disclaimer
Who we are and how we get paid
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
Important information on terms, conditions and sub-limits
Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.
