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Formerly St.George in Victoria, The Bank of Melbourne provides a banking alternative to customers with its large range of products in home, personal and business banking. Based in Victoria the Bank of Melbourne offers its customers bank accounts, credit cards, term deposits, private banking services, home loans and personal loans.
Last updated 21 December 2024
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Bank of Melbourne small business savings accounts
Business Access Saver
Maximum rate
2.35
%
p.a.
(for $0 to $10,000)
Intro bonus rate for balances up to $10,000 for the first 5 months.
Standard interest rate
1.15
%
p.a.
(for $0 and over)
No Partner link
Standard rate
Balances from $0: 1.15% p.a.
Maximum rate
Balances from $0: 2.35% p.a. Balances from $10,000: 1.15% p.a.
Maximum rate conditions
Intro bonus rate for balances up to $10,000 for the first 5 months.
Interest paid
Monthly
Account fee per month
$0.00
Access
Branch access, Phone banking, Internet banking
Minimum balance
$0.00
Other restrictions
Must link to a transaction account
Other benefits
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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
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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.
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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.
