MyState Bank Business Online Saver
savings accountlinked accountregion limitedterms checked
Business Online Saver is a savings account from MyState Bank. At $50,000 it pays 0.60% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $9,999.99 | 0.00% |
| $10,000+ | 0.60% |
Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.
The feed states a maximum balance of $1,000,000.
Conditions
- only for businesses based in Tasmania
- also open to self-managed super funds (SMSFs): the bank's own words are "Business structures we can open accounts for include, but not limited to: » Sole traders; » Companies & Partnerships; » Trusts; » Self-Managed Super Funds"
Features
- Osko
- yes
- PayID
- yes
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- Foreign Currency Conversion, Overdrawn Account Interest (no amount in the feed)
- maximum balance
- $1,000,000
- interest paid
- monthly
- interest calculated
- daily
- open to
- SMSF and business customers
- linked account
- a linked transaction account with the same bank is required
- region limited
- open only to people who live or work in a certain area
Who can open it, in the bank's own words:
- business: Require a linked MyState business transaction account.
About this account
A Business Online Saver bank account is a great way to generate income by investing surplus funds without locking your money away for a set period. With no monthly account keeping fees and convenient access to your bank account 24/7 via Phone and Internet Banking, this savings and investment bank account is the ideal way to manage your business banking needs.
Data
- MyState Bank'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 12 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: business-online-saver, legal, rates_business_savings.pdf, terms.pdf; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/mystate-bank.json: this bank's accounts and every balance band as JSON; MyState Bank's page lists them.- The bank last updated this record on 11 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 MyState Bank
- Bonus Saver savings account, 5.50% conditional at $50,000
- E&P High Yield Account savings account, 4.50% base at $50,000
- Hello Saver Account savings account, 5.50% base at $50,000
- Basic Accountstale transaction account
- Everyday Business Accountstale transaction account
- Glide Account transaction account, 0.00% base at $50,000
All of MyState 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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