CommBank Business Online Saver

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Business Online Saver is a savings account from CommBank. At $50,000 it pays 1.15% p.a. with no bonus conditions.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.

Conditions

• you need a commbank business transaction account or society cheque account to open and use it
• open to sole traders, australian private companies, smsfs and partnerships of up to 4 partners; existing customers set up as discretionary or unit trusts
• $5.00 fee for each paper statement

Features

app

yes

transactions

unlimited

Other features, in the bank's words:

• Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
• Rather than wait hours or days for payments from another bank to clear, receive money almost instantly, so you know exactly where your business stands financially.
• Transfers between this account and the linked CommBank business transaction account are made in near real-time.

Fees, limits and who can open it

monthly fee

$0

interest paid

monthly

interest calculated

daily

open to

business customers

linked account

a linked transaction account with the same bank is required

Who can open it, in the bank's own words:

• Have access to NetBank or the CommBank app, or CommBiz
• in the case of domestic businesses (e.g. a sole trader, company, etc.) have an ABN or ACN where relevant
• in the case of foreign companies that carry on business in Australia, be registered with ASIC. The eligibility of other foreign companies will be subject to review on a case by case basis.
• Hold and maintain an eligible CommBank business transaction account

About this account

A business savings account that can help you manage cash flow and set aside money for tax payments.

Data

• CommBank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
• We read the bank's own page and terms against this page on 1 November 2026: business-online-saver.html, ADB2916.pdf, TSI_interest_rates.pdf; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/commbank.json: this bank's accounts and every balance band as JSON; CommBank's page lists them.
• The bank last updated this record on 13 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at CommBank

• GoalSaver savings account, 5.50% conditional at $50,000
• NetBank Saver savings account, 2.50% base at $50,000
• Pensioner Security Account savings account, 1.49% base at $50,000
• SMSF Saver savings account, 5.15% base at $50,000
• Youthsaver Account savings account, 5.55% conditional at $50,000
• Cash Deposit Account (At Call) cash management account, 0.25% base at $50,000
• Direct Investment Account cash management account, 1.60% base at $50,000
• Private Bank Account cash management account, 0.95% base at $50,000
• Capital Growth Account savings account
• CommSec Notice Investor notice account, 0.00% base at $50,000
• Business Transaction Account transaction account
• Smart Access transaction account
• Society Cheque Account transaction account
• Standard Business Cheque Account - Interest Bearing Option transaction account, 0.01% base at $50,000
• Streamline Basic transaction account

All of CommBank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.