We are here to help

  • Effective 1 June 2022 if you are an existing Bankwest Business customer wanting a new business product or to vary an existing facility, please contact Bankwest on 13 7000

    For new business customers, whether you’re opening a new business transaction account, applying for a business loan, need a new EFTPOS terminal or looking for resources we are here to help. The below links have all the information you need and eligible customers may be able to apply online.1

Why choose CommBank?

Australia’s number 1 banking app2

We’ve made it easy and secure to do your banking wherever you work, leaving you with more time for what matters – your business. Find out other great features on the CommBank App here.

Turn insights into action

Daily IQ is a free business insights tool that helps your business enhance performance and grow customers.3

Or try Cash Flow View in the CommBank app, to see a monthly summary of your incoming and outgoing cash flow on eligible business accounts.

Resources made for you

Guidance on how to start and grow your business, move your business online, and access government grants and rebates that could assist you in retaining staff or managing cash flow.

Small business resources

Business insights & special reports

Why consumers are turning to purpose-led organisations and how to respond

Learn how you can embed purpose in your products and services.

How AI helps deliver better business outcomes and improved decision making

Learn how AI is being applied in businesses of all sizes, and how your business can benefit.

Things you should know

  • As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. You can view the Terms and Conditions for Business Transaction and Savings Accounts (PDF)Merchant Agreement, our Financial Services Guide (PDF) and the Electronic Banking Terms and Conditions (PDF) and should consider them before making any decision about these products and services. Bank fees and charges may apply. 

    1.  You can only open an account online if you're a new or existing customer who is either a sole trader or director of a private company (Pty Ltd). You'll need to set up your business with us so we can verify your business details with ASIC. Once your beneficial owners and nominated directors have verified their ID (we'll email them instructions to do this online), you'll be able to open and start using your account. You'll be providing information to us on behalf of directors and owners in accordance with our Privacy Policy - make sure you've got their permission to do so before you start.

    2. The Canstar 2021 Bank of the Year Award was received in May 2020 for Online and Mobile Banking. For more information, visit canstar.com.au.

    3. Daily IQ has been prepared as a research tool for general informational purposes only and should not be relied on to make business decisions or for account reconciliation. The information may be incomplete or not up to date and may contain errors and omissions. Any projections and forecasts are based on a number of assumptions and estimates, including future events and contingencies, which may be inaccurate. Daily IQ is available to business customers with a CommBank Business Transaction Account. The Industry Sales Comparison, Busiest Times, Total Card Sales, Loyalty, Demographics and Location tools are only available to clients who have a CommBank merchant facility settling into a CommBank settlement account. Contact the NetBank Help Desk on 13 2221, or the CommBiz Help Desk on 13 2339 to find out if you are eligible.

    4. This offer is available for customers eligible for a Business Investment account, however not applicable to Financial Institution customers. This offer cannot be used in conjunction with any other bonus or special interest offer. The target market for this product will be found within the product’s Target Market Determination. This information has been prepared without taking into account your individual or business needs and objectives. You can view the General Information and Terms and Conditions for Business Investment Accounts and our Financial Services Guide and should consider them before making any decision about these products and services.

    5. The $0 terminal rental fee is available to eligible customers who apply for and open a new merchant terminal between 25 October 2021 and 30 June 2022, and settle to a CommBank Business Transaction Account on eligible pricing plans. Offer valid until 30 June 2022 and subject to change. The $0 terminal rental fee offer means customers have their terminal rental fees waived for the first 6 months for up to a maximum of 3 terminals, available on Smart, Essential Lite and Essential Plus. The offer is only available at the initial application and can’t be extended to additional terminals after the application has been processed. Offer is not available for group deals (including Alliance Partners) or Bankwest. For more information on our range of EFTPOS products and pricing plans, visit commbank.com.au/merchantterminal.

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