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PLANNED MAINTENANCE: Heads up! We have a planned outage this weekend. The outage will start on Saturday 8 August at 9pm and will run until Sunday 8am AEST. This will affect new customers wanting to sign up. We apologise for any inconvenience caused. Bank Australia open to serve our customers: As an essential service our branches and contact centre remain open to serve our customers with their banking needs during the COVID-19 pandemic. Please use the 'find us' function to view your nearest branch's current operating hours. You can still get in touch with us by phone on 132 888 from 8:00am to 8:00pm, Monday to Friday and 9:00am to 2:00pm Saturday. It may take us longer to answer your call as more customers choose to call rather than come into a branch so thanks in advance for your patience and please take care of yourselves View details

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Commercial Saver

Earn a higher rate of interest on your on-call funds over $10,000.

Interest rate up to
0.25% p.a.

effective 1 August 2020

More rates and fees
Other Rates
Balance Interest Rate
$1-$9,999 0.00%
$10,000+ 0.25% p.a.
Fees and Charges
Staff-assisted transaction $2.50
Fees, charges & transaction limits
Savings & term deposit rates

Why choose the Commercial Saver?

  • No account keeping fees
  • Funds available at call
  • Instant transfers to your Commercial Access account

Open a business account

Select your entity type below and follow the steps

 

Frequently asked questions

What happens when your term deposit is maturing?

If your term deposit is maturing, you will receive a renewal advice letter from us two weeks prior to maturity. The letter will let you know how to contact us if you wish to alter the instructions on your maturing term deposit.

A grace period of 14 days applies for new and re-invested term deposits during which you may withdraw or transfer funds without penalty.

How do you open a savings account?

You can open a new savings account online with internet banking, over the phone or at a branch.

What does 'at call' mean?

'At call' means you can withdraw money from your account as soon as it has been deposited, except for cheque deposits, which are held until cleared.

The fine print

General advice warning: In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges may be applicable.

Bank Australia is committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.

Enquire

Send us an email and a customer service specialist will get back to you.

Visit in-person

Locate your branch to see current operating hours.

Call us

We're available 8am-8pm, Mon to Fri, and 9am-2pm, Sat.