Why save with us

No monthly account fees

No set up or ongoing monthly account fees1, and no minimum deposit or withdrawals required.

Watch your savings grow

Interest is calculated daily and paid monthly on your full balance.

Easy access to your savings

Deposit or move money between your accounts online or over the phone. 

Local & helpful support

We're here when you need us, with quick in-app messaging and Australian based phone support.

Interest rates

Interest rates are effective 22 August 2025 and subject to change at any time. 

One interest rate applies to your whole balance. The interest rate depends on your account balance. Interest is calculated daily and paid monthly.

Balance
Standard Variable Rate
Balances less than $50,000
0.01%
Balances between $50,000 - $249,999
0.05%
Balances between $250,000 - $999,999
0.45%
Balances $1,000,000 and over
0.65%

Fees

  • $0

    There are no monthly account fees1.

  • No fees for statements available online. A $5.00 fee applies for any paper statements issued on your account.

How to apply

Have a business account with CommBank? 

Have a business account with CommBank?  You can apply online in about 5 minutes if you: 

  • Have a CommBank Business Transaction Account or Society Cheque Account
  • Have access to NetBank or the CommBank app, or CommBiz/the CommBiz app
  • Are a sole trader, an Australian private company (Pty Ltd), a self-managed super fund (SMSF) or a partnership (up to 4 individuals as partners)

If you have a Stream Working Capital Transaction Account or Cheque Account Bearing Interest, contact your Relationship Manager to open a Business Online Saver.

Open now

Visit your nearest branch

You can also apply for a Business Online Saver account in person.

If you're new to CommBank, you’ll need to open a Business Transaction Account first. If you’re a sole trader or a director of a private company, you can open a Business Transaction Account with a Business Online Saver online.

Otherwise, take the documents you need to your nearest branch.

Book appointment

Complete control over your business savings

Easy access to your savings 24/7 with the CommBank app

  • Access your funds at any time with unlimited transfers2
  • Watch your savings grow, alongside your other accounts.

Open online now

FAQs

If your company is new to CommBank and not registered as a sole trader, Australian private company (Pty Ltd) or a self-managed super fund, you'll need to open your account in branch.  Find out what Identification and documents you’ll need to bring. 

Book appointment

You can access your account online through the CommBank app, NetBank and Commbiz.

 

You'll need to first transfer the funds out of your Business Online Saver into your linked transaction account (such as your Business Transaction Account or Society Cheque Account).  

Link your accounts & explore other ways to save

Capital Growth Account

An investment account with no maturity date to give you cash-flow flexibility.

Business Investment Account

Lock in a fixed interest rate with a term deposit for guaranteed returns.

Things you should know

  • 1 Account-keeping and transaction fees (including NetBank service charges) may apply to the linked business transaction account.

    2 Unlimited transfers refers to the ability to move funds to and from a linked CommBank business transaction account, with no set limit on the number of such transfers.

    The target market for these products will be found within the product’s Target Market Determination, available here.

    This information has been prepared without taking into account your individual or business needs and objectives. You can view the Terms and Conditions for Business Transaction and Savings Accounts, our Financial Services Guide and the Electronic Banking Terms and Conditions and should consider them before making any decision about these products and services. Bank fees and charges may apply.