GMCU My Business
transaction account
My Business is a transaction account from GMCU. At $50,000 it pays 0.06% 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 – $24,999stepped: paid on the part of the balance in this band | 0.01% |
| $24,999.01+stepped: paid on the part of the balance in this band | 0.10% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
Features
- card
- yes
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- interest paid
- annually
- open to
- business customers
About this account
The My Business Account is a day-today transaction account for businesses. Funds in the Business account are available through branch, card and internet banking
Data
- GMCU'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 10 November 2026.
/au/finance/savings-accounts/v1/brands/gmcu.json: this bank's accounts and every balance band as JSON; GMCU's page lists them.- The bank last updated this record on 10 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 GMCU
- Advantage Saverstale savings account, 4.80% conditional at $50,000
- Christmas Saverstale savings account, 1.10% base at $50,000
- Online Saverstale savings account, 1.05% base at $50,000
- Cash Managerstale cash management account, 0.32% base at $50,000
- My Connectstale transaction account, 0.06% base at $50,000
- My Everydaystale transaction account, 0.06% base at $50,000
- My Everyday Startstale transaction account, 0.06% base at $50,000
- My Freedomstale transaction account, 1.98% base at $50,000
- Our Communitystale transaction account, 1.36% base at $50,000
All of GMCU's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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