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Freedom Business Account

Freedom Business Account monthly account keeping fee waived for 12 months. Terms and conditions apply. Find out more.
Open a new Freedom Business Account by 10 November 2017 and get your Monthly Account Service Fee waived for the first 12 months. Currently saving you up to $120. Conditions apply.


Everyday benefits

  • Pay and get paid
  • Make tax time easier by separating personal and business transactions


Top features


Branch transactions

30 free over the counter deposits or withdrawals, 30 free cheque deposits or merchant envelopes monthly.

Stay up to date

SMS and email alerts to keep track of your account activity2.

Access anytime

Access to your funds anytime, anywhere - online, mobile, tablet, branch, ATM and cheque1.


Fees and interest


Fees and interest

Monthly account service fee

Monthly Account Service Fee* waived for 12 months on new accounts opened before 10 November. Standard fee applies after this time, currently $10 per month.

Branch transactions First 30 free

Excess branch transaction fee

(charged when monthly fee free allowance is exceeded)


Excess cheque withdrawal fee

(charged when monthly fee free allowance is exceeded)


Interest rate N/A



Simple merchant pricing with EFTPOS 1

With our single rate Merchant Service Fee for credit card transactions, you'll always pay the same rate regardless of the type of VISA or Mastercard.

Terms & Conditions apply.



How to Apply

Your business must be registered in Australia or be acting on behalf of an Australian business.

18+ years old.

Read our useful checklist of what information you need to apply.

Open your account online in as little as 10 minutes^

The Detail

The information on our website is prepared without knowing your personal financial circumstances. Before deciding to acquire or hold a product, please read the Terms and Conditions

Consider if the product is appropriate for you. The Terms and Conditions are important and we encourage you to review, save and print them. If you would like a paper copy ask at your local branch.

BPAY® registered to BPAY Pty Ltd ABN 69 079 137 518

*Open a new Freedom Business Account between 2 October to 10 November 2017 and have the Monthly Account Service Fee* waived for the first 12 months. Other fees and charges, terms and conditions apply to the Freedom Business Account. The standard Monthly Account Service Fee applies after this time, currently $10.

Conditions and fees apply.

^Account opening criteria applies.

1. Electronic transactions are Internet and Phone Banking deposits, withdrawals and transfers, Direct Debits and Credits, St.George/BankSA/Bank of Melbourne/Westpac ATM withdrawals in Australia, St.George/BankSA/Bank of Melbourne 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. SMS alerts cost 25 cents each and email alerts are free.