Business bank accounts
Manage your day-to-day cash flow. Or earn some extra interest on your business funds. Whatever your business needs, we have the right banking solution for you.
- Pay and get paid
- Make tax time easier
- Flexible & easy access
Our business transaction bank accounts:
Essential everyday transaction bank account with the flexibility and freedom your business needs. Ideal for starting a new business.
- Unlimited fee-free electronic transactions1
- 20 free monthly branch deposits or withdrawals
- Business Visa Debit card at no extra cost
- $10 monthly account keeping fee
- Maximise growth
- Put money aside for future payments
- Option of regular access or lock away
Our business savings options:
Make the most of your business funds with full access should you need it with our business savings account.
- Earn competitive interest rate
- No monthly account keeping fee on this account2
- 24/7 access via Internet and Phone Banking to a linked eligible BankSA everyday account
- No minimum monthly balance or deposit required
- Business banking made easy
- Packed full of savings
- Help your business get ahead
BizPack, business banking made easy. All the banking essentials you need, rolled into one simple BizPack for just $10 per month in account keeping fees4.
- Manage the day-to-day with Freedom Business Account or Business Cheque Account Plus
- Access your own money anywhere Visa is accepted with Business Visa Debit Card
- Earn competitive interest with Business Access Saver
- Manage your money when and how you need to with Business Banking Online or Internet Banking
- Manage your business expenses and cash flow with BusinessVantage Visa Credit Card
More for your business
Business bank accounts FAQs
What's the difference between the Freedom Business Account and Business Cheque Account Plus?
Monthly account keeping fee
$10 each month
$20 each month6
Monthly fee-free transaction allowance
20 free deposits or withdrawals via branch electronic agency or cheque withdrawals
20 free cheques deposited or merchant envelopes
55 free deposits or withdrawals via branch electronic agency or cheque withdrawals
55 free cheques deposited or merchant envelopes
Want to learn more? Compare business accounts
- How can I access my money?
How else can I prepare for regular payments such as GST and other taxes?
Opening a Business Access Saver account enables you to earn interest on your money as you save for your regular payments. Ensure you link your Business Access Saver to any of your eligible everyday accounts held with BankSA, so you can access your funds using Internet or Phone Banking.
How can I save fees on my business everyday account?
It is important to select the account that caters to your specific needs. BankSA offers two everyday accounts – each with unique fees and specific benefits. Depending upon your regular balance, how often you transact and how you prefer to bank, the account you open should give you the flexibility to do what you want, and be competitively priced. Understanding your needs upfront will help in keeping your ongoing costs to a minimum.
Alternatively, subject to credit approval you can use the BusinessVantage Visa® Credit Card for your day-to-day purchases. Using the BusinessVantage Visa Credit Card to pay for office supplies, inventory or large one-off purchases means less reliance on cash, writing fewer cheques and making fewer cash withdrawals. Credit criteria, conditions and fees apply.
To find out more about saving fees call our Business Banking specialists on 1800 804 411 Monday to Friday 8:30am to 5pm (EST).
What are the eligible business accounts I can link Business Visa Debit card to?
You can link your BankSA Business Visa Debit Card to the following accounts: Freedom Business Account (without overdraft), Business Cheque Account Plus (including Business Maximiser with Overdraft and Commercial Overdraft), Freedom Business Account with overdraft and Commercial Line of Credit.
Conditions and fees apply.
The information on our website is prepared without knowing your financial circumstances. Before deciding to acquire or hold a product, please read the Terms and Conditions and consider if the product is appropriate for you. The Terms and Conditions are important and we encourage you to review, save and print it. If you would like a paper copy ask at your local branch.
1 Electronic transactions are Internet and Phone Banking deposits, withdrawals and transfers, Direct Debits and Credits, St.George/BankSA/BankSA/Westpac ATM withdrawals in Australia, St.George/BankSA/BankSA ATM deposits and mini transaction history and EFTPOS withdrawals and Business Visa Debit Card transactions. Internet and Phone Banking and Business Banking Online are subject to systems availability, daily transaction limits apply.
2 Other fees and charges may apply, including for branch access. Fees and charges may be payable on your eligible BankSA everyday account.
3 Following lodgement of the minimum balance requirement, the rate is guaranteed for the term of the investment, subject to terms and conditions (e.g. returns may be reduced if an amount is withdrawn before maturity).
4 $10 per month is the monthly account service fee for the Freedom Business Account. The monthly service fees, annual card fee and facility establishment fee applicable to the other eligible products in the BizPack are waived for as long as a customer holds a Transaction Account, Savings Account, Business Visa Debit Card and online banking facility (BizPack Essentials). Transaction fees may also apply if you exceed the monthly fee-free transaction allowance on eligible products in the BizPack Essentials. Special Service fees may also apply. You can select Business Cheque Account Plus instead of the Freedom Business Account, and Internet Banking as the online product and choose not to hold a BusinessVantage Credit card and still be eligible for the BizPack discounts. If the Business Cheque Account Plus is selected as part of the BizPack Essentials the Monthly Account service fee for the Business Cheque Account Plus will apply. Transaction fees may also apply if you exceed the monthly fee-free transaction allowance. Special Service fees may also apply.
5 You can contact lawyers and accountants nominated by BankSA for advice at no charge. A maximum of 3 contacts can be made in relation to any one issue. After the third contact you may choose to engage the legal or accounting adviser at your cost. These services are provided by third parties for which BankSA accepts no responsibility and are available via email only.
6 This fee does not apply if you have a Commercial Overdraft or Business Maximiser Overdraft facility. Please see the Business Lending and Finance Facilities Fees and Charges for specific services and loan accounts booklet for the monthly account keeping fee/loan administration fee that will apply to your facility. All credit applications are subject to BankSA’s normal lending criteria.