CommBank Standard Business Cheque Account - Interest Bearing Option
transaction account
Standard Business Cheque Account - Interest Bearing Option is a transaction account from CommBank. It pays 0.01% p.a. with no bonus conditions.
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.
| Balance | Base |
|---|---|
| $0+ | 0.01% |
One rate on every balance, with no upper limit.
Features
- card
- Business Visa Debit Card
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
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.
- Obtain Cheque Books.
- Your free business insights tool available in CommBiz and NetBank.
- 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.
- Relationship managed
Fees, limits and who can open it
- monthly fee
- $5
- 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)
- interest paid
- monthly
- interest calculated
- daily
- open to
- business customers
Who can open it, in the bank's own words:
- To be eligible you need to have a valid ABN, ACN, or an association created and operating in Australia. Further Eligibility depends on your specific organisation structure. Please see CommBank website below for more information.
- Relationship managed clients only.
About this account
Transaction accounts that pays interest above minimum balances.
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
- Business Transaction Account transaction account
- Smart Access transaction account
- Society Cheque Account transaction account
- 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.
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