Greater Bank Business Optimiser
transaction account
Business Optimiser is a transaction account from Greater Bank. At $50,000 it pays 1.25% 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 – $19,999.99 | 0.01% |
| $20,000+ | 1.25% |
Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.
The feed states a minimum balance of $1.
Features
- card
- Visa Debit Card
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
- wallets
- Apple Pay, Google Pay
Other features, in the bank's words:
- Transaction Fee Rebate. $3 per $1000 Minimum Monthly Balance (maximum $10 per month).
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- Deposit unbagged coin, Deposit bagged coin, Foreign currency conversion fee, Bulk coin purchase fee - Existing branch stock (no amount in the feed)
- minimum balance
- $1
- interest paid
- quarterly
- interest calculated
- daily
- open to
- business customers
Who can open it, in the bank's own words:
- residency: Australian Residents only
- Must be identifiable in terms of legislative requirements
About this account
Business account designed for business customers who seek a transaction account that earns a variable rate of interest on the whole balance.
Data
- Greater Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees.
- Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
/au/finance/savings-accounts/v1/brands/greater-bank.json: this bank's accounts and every balance band as JSON; Greater Bank's page lists them.- The bank last updated this record on 12 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 Greater Bank
- Bonus Saver savings account, 4.50% base at $50,000
- Life Saver savings account, 5.75% base at $50,000
- Retirement Plus savings account, 1.80% base at $50,000
- Accessstale transaction account, 0.00% base at $50,000
- Business Accessstale transaction account, 0.00% base at $50,000
All of Greater Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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