An easy and efficient way to manage your business.

Australian Mutual Bank offers you an easy and efficient way to manage your business cash flow, ensure that you set aside the funds you need, and simplify your administration.

Portion above $10,000 0.01 % pa Interest rate

When you open a business account you can also open a range of sub accounts - at no extra cost.

You can set up one sub account for your GST payments, another for payments to suppliers, a sub account for rent, wages, bills, promotional expenses or any other purpose you need. You receive one consolidated statement that itemises your transactions under each sub account. Everything you need to know is at a glance.

Product Features:

Premier Business Account
Periodic payments : Yes
Minimum amount : $100
Funds available : At call
Cheque book : Yes
ATM/EFTPOS access : Yes
Visa Debit Card : Yes
Online & Phone Banking : Yes
Direct Entry (Credit/Debit) : Credit and Debit
Interest income : Calculated daily, paid quarterly
Branch access : Yes
BPAY® : Yes
Overdraft : Yes
Fees
Annual fee : $0
Monthly fee : $6
Premier Business Account Rate p.a.
$0 - $9,999.99 0.00% pa
Portion above $10,000 0.01% pa

To view the Target Market Determination of this product, please click here

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Why choose Australian Mutual Bank?

Footnotes:

  • 1 Calculated daily on the whole balance based on the rate applicable for the balance tier and payable quarterly.

Available to members aged 18-35. Calculated daily on the portion of the balance which falls within each of the tiers. Bonus interest is paid when you deposit a minimum of $400 per month with no withdrawals otherwise, Standard Rate applies. Maximum account balance that bonus interest will be paid on is $75,000. Limited to one account per membership.