CommBank Business Transaction Account

transaction account

Business Transaction Account is a transaction account from CommBank.

Not ranked: a transaction (everyday) account, not a savings account.

Rate tiers

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

No rate rows could be read from the feed for this product.

Features

card

Business Visa Debit Card

app

yes

Osko

yes

PayID

yes

BPAY

yes

notifications

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.
• Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.
• Your free business insights tool available in CommBiz and NetBank.
• If you have a Business Transaction Account or a Society Cheque Account and you do not want us to honour payments which will cause that account to become informally overdrawn, you can request that we disable this overdraw feature on your account.
• Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM.
• Customers have the ability to switch between the available fee options at any time. The $10 Monthly Account Fee option includes 5 assisted transactions, and the $0 Monthly Account Fee option does not include any assisted transactions. Monthly Account Fees are calculated at the end of each month and charged to your account on the first day of the following month. Monthly Account Fee payable for partial months is calculated pro-rata on a daily basis.

Fees, limits and who can open it

monthly fee

$10

other fees named

Coin handling fee, Note handling fee, Access fee - Overseas transactions, Access fee - Overseas transactions, Access fee - Overseas transactions (no amount in the feed)

open to

business customers

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

• To hold this product, customers will need to satisfy the following eligibility criteria: in the case of domestic businesses (e.g. a sole trader, partnership, company, trust etc.) have an ABN or ACN where relevant; or in the case of foreign companies that carry on business in Australia, be registered with ASIC. The eligibility of other foreign businesses will be subject to review and exception

About this account

An everyday business bank account that you can open online, which provides unlimited electronic transactions and 5 assisted transactions on a monthly basis for customers on the $10 monthly account fee pricing option. Fees and charges will apply if you exceed this amount. Customers with the $0 monthly account fee pricing option will not have included assisted transactions - each assisted transaction will be chargeable. Please note Access, CommBiz and NetBank Service Fees may apply. Additional fees apply for: international transactions, travellers cheques, foreign currency and sending money overseas; special banking services, such as bank cheques and special clearance of cheques.

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.
• /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

• Business Online Saver savings account, 1.15% base at $50,000
• 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
• 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.