Features & benefits

Instant access to your money

Access your funds at any time with unlimited transfers using online and phone banking.

Competitive interest

Interest is calculated daily and paid monthly on the full balance when $10,000 or more is held in the account.

No minimum deposit or withdrawals

So you have more flexibility when managing your account.

Rates & fees

Interest rates (Effective date 13 November 2020)

View all rates & fees
Interest rate (p.a.)
$0 to $9,999
$10,000 or more


A paper statement fee of $2.50 is charged for all paper statements issued on your account.

How to apply

Already have a business account with CommBank?

You can start your application online if you have a CommBank Business Transaction Account, Premium Business Account or Society Cheque Account.

Apply online

Find a branch

Don't have a business account with CommBank?

You’ll need to open a Business Transaction Account first.

If you’re a sole trader or director of a private company, you can do this online. Otherwise, take the documents you need to your nearest branch.

Once that’s done, you can open your Business Online Saver. 

Things you should know

* Rate applies to the full balance of the account, provided the balance is $10,000 or more.

Account-keeping and transaction fees (including NetBank service charges) may apply to the linked Business Transaction Account.

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

View Terms and Conditions for Business Transaction and Savings Accounts and consider them before making any decision about these products. This information has been prepared without considering your objectives, financial situation or needs. Before acting on this information, please consider its appropriateness to your circumstances. Commonwealth Bank of Australia issues all products on this webpage. View our Financial Services Guide. Full terms and conditions are included in the loan offer. Bank fees and charges may apply.