Compare business accounts

You can now compare our Business Transaction Account, Business Savings Account and Cash Management Account to find the right bank account for your business.

	Business Banking Accounts	Cash Management Account	Business Savings Account
Business needs	Suitable for most business structures with more complex banking needs such as making and receiving batch payments, reconciliation, holding third party monies, and regulated trusts.	Designed for trusts, non-operating private companies and SMSFs with simple transaction needs to consolidate income and manage cash flow related to investments.	Suitable for sole traders or private companies with simple transaction needs. Enables businesses to earn a higher interest rate from surplus funds that are not needed for daily operations.
Minimum balance required	$250,000	$0	$0
Key features	An everyday transaction account to help you run your business online, you can: Manage multiple payments i.e. ABA files and BPAY batch files Access Macquarie Business Online (MBO) Access multi-account facilities Access specialist Industry banking and payment products Access online account opening options, including 1-click term deposit opening	An account that enables you to easily manage and access your funds while earning a competitive interest rate, you can: Connect seamlessly with 40+ platforms and systems Ability to open a linked higher-interest Accelerator account Access to the award winning^{^} Macquarie Mobile Banking App Categorise and easily search your transactions Access up to 10 years of statements at your fingertips	A high interest savings account to manage savings that are not needed for daily operations: Fast online application High interest rate Access to the award winning^{^} Macquarie Mobile Banking App Quick and easy access to savings
Account keeping fees	Free	Free	Free
Payment fees	Free^**	Free	Free
Interest bearing account	^*
Interest rate	Request a call to learn more	Cash Management Account rates	Business Savings Account rates
Payment authorisation	Sole or dual authorisation	Sole or dual authorisation	Sole or dual authorisation
Batch payment options (e.g. ABA files)
Industry specific payment options	DEFT Auction PAY
Connectivity	Link your account with leading accounting, business management and practice management software	Link your account with leading accounting traditional and SMSF accounting software	Link your account with Xero
Debit & credit cards
Trust accounting & client monies
Support	Business Banking Specialists	Live Chat	Live Chat
How to apply	Request a call	Apply online Learn more	Apply online Learn more

Additional information

As a Business Transaction Account customer you also can access our interest-bearing at-call investment account and term deposit account.

^{^}

Our digital banking platforms are part of why we were awarded Money Magazine’s Bank of the Year 2023/2024.

^**

Fees and charges may apply for DEFT payment systems linked with your Business Banking account. View Help Centre for more information.