Explore Business Savings Accounts
Compare verified business savings accounts from Australia's major banks and specialist business lenders. Filter by business structure, operating account requirements, and tiered calculation modes.
High Interest Savings Account (Business)
Standard variable rate of 3.40% p.a. up to $1M (2.90% from $1M-$2M, 2.55% above), with a 4-month introductory rate of 5.30% p.a. up to $1M for new business customers. No monthly account fees.
AMP Bank GO Business Save
Earn 4.75% p.a. on balances up to $500,000 and 4.25% p.a. from $500,001 to $5,000,000. Requires an active AMP Bank GO Everyday Business Account (mobile app only).
Macquarie Business Savings Account
Earn an ongoing variable rate of 4.65% p.a. on balances up to $2,000,000 with no monthly account fees and no minimum deposit. Available to Sole Traders and Australian Proprietary Companies with an ABN.
Macquarie Cash Management Accelerator Account
Earn 4.65% p.a. on balances up to $2,000,000 with no monthly account fees. Opened alongside a linked Macquarie Cash Management Account (CMA). Available to Trusts, SMSFs, Companies, and Partnerships.
Business Savings Account
Earn 4.60% p.a. on balances up to $250,000 and 3.90% p.a. from $250,001 to $2,000,000. At-call with no monthly account fees. Available online for Australian Private Companies, Trusts with individual trustees, and Incorporated Associations with an ABN.
Business WebSavings Account
1.25% p.a. standard rate on balances of $10,000+, with a 4-month intro rate of 4.45% p.a. for new business accounts. Not available to SMSFs.
31 day Notice Saver (Business)
Earn 3.45% p.a. variable rate with a 31-day withdrawal notice requirement. Requires an active Rabobank High Interest Savings Account (HISA). No monthly account keeping fees.
Business Online Savings Account
Earn up to 3.20% p.a. on balances between $250,000 and $499,999.99. No monthly account keeping fees with 24/7 internet banking access.
Business Saver Account
1.90% p.a. standard variable rate on all balances with no monthly account keeping fees and online business banking access.
Business Online Saver
Tiered interest up to 1.30% p.a. on balances of $1,000,000+ paid on the whole balance (0.40% under $50k, 0.70% $50k-$250k, 1.10% $250k-$1M). No monthly account keeping fees. Requires a linked CommBank business transaction account.
Business Cash Reserve Savings
Earn tiered variable rate up to 1.30% p.a. paid on the whole balance (0.45% under $50k, 0.60% $50k-$250k, 1.15% $250k-$1M, 1.30% $1M+). Linked to an eligible Westpac business transaction account with 24/7 online access.
Business Access Saver
Earn tiered variable rate up to 1.30% p.a. paid on the whole balance (0.45% under $50k, 0.60% $50k-$250k, 1.15% $250k-$1M, 1.30% $1M+). Requires a linked Bank of Melbourne business transaction account.
NAB Business Cash Maximiser
Earn 1.25% p.a. on your whole balance when you hold $10,000 or more (0.00% under $10,000). No monthly account fees. Must hold an eligible linked NAB business transaction account.
ANZ Business Online Saver
Tiered interest up to 1.25% p.a. on balances over $500,000 paid on the whole balance (0.00% under $5k, 0.45% $5k-$25k, 0.65% $25k-$250k, 1.05% $250k-$500k). No monthly account fee. Linked to an eligible ANZ business everyday account.
Business Cash Management Account
Earn 0.90% p.a. on balances of $10,000 and over with no fixed terms or withdrawal penalties. Available to Australian sole traders, partnerships, and companies.
Business Online Saver
Earn 0.60% p.a. on balances of $10,000 and over. Requires a linked MyState business transaction account.
Understanding Australian Business Savings Accounts
Entity Structure Eligibility
Not all banks accept every legal structure. For instance, Judo Bank accepts Pty Ltd companies and trusts but excludes sole traders, while Macquarie Business Savings excludes trusts. Always confirm your structure is supported before applying.
Marginal vs Whole Balance Tiers
In marginal tiered accounts (e.g. Macquarie), lower rates only apply to the balance above a tier threshold. In whole balance accounts (e.g. Westpac, CommBank), your entire deposit drops to or earns the tier rate achieved.
Government Guarantee (FCS)
Eligible deposits up to $250,000 per entity per Authorised Deposit-taking Institution (ADI) are protected under the Australian Government Financial Claims Scheme. Companies and trusts each have an independent $250k cap.