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CBA / Transaction & savings

Standard Business Cheque Account - Interest Bearing Option

Transaction accounts that pays interest above minimum balances.

Updated 9 Sept 2026

Deposit rate type
Variable
Rate
0.01%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Amount
Unit of measure
Dollar
Minimum value
$0.00
Maximum value
$99,999.99
Rate application method
Per tier
Deposit rate type
Variable
Rate
0.01%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Amount
Unit of measure
Dollar
Minimum value
$100,000.00
Rate application method
Per tier

Lending rate type
Variable
Rate
16.43%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Interest payment due
In arrears
Repayment type
Interest only
Loan purpose
Other
Tiers
Name
Balance
Unit of measure
Dollar
Minimum value
$0.01
Rate application method
Whole balance
Additional info
For each day your account remains overdrawn, Excess Debit Interest will be applied. The interest rate is calculated daily on the portion of the debit balance which exceeds the limit. This does not apply to accounts with an overdraft limit.
Additional info uri
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Additional info
For each day your account remains overdrawn, Excess Debit Interest will be applied. This does not apply to accounts with an overdraft limit.
Additional info uri
View bank information ↗
Lending rate type
Variable
Rate
17.43%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Interest payment due
In arrears
Repayment type
Interest only
Loan purpose
Other
Tiers
Name
Balance
Unit of measure
Dollar
Minimum value
$0.00
Maximum value
$0.00
Rate application method
Whole balance
Additional info
For each day your account remains overdrawn, Excess Debit Interest will be applied. The interest rate is calculated daily on the portion of the debit balance which exceeds the limit. This does not apply to accounts with an overdraft limit.
Additional info uri
View bank information ↗
Additional info
For each day your account remains overdrawn, Excess Debit Interest will be applied. This does not apply to accounts with an overdraft limit.
Additional info uri
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Name
Coin handling fee
Fee type
Transaction
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
1%
Currency
Aud
Additional info
The coin handling is 1% of the total value of the coin component of all deposit and withdrawal transactions, where the total value of coins handled exceeds $1,000 per day. This fee is debited on the day the transactions are processed. This fee does not apply to deposits made via QuickCash envelopes.
Additional info uri
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Name
Dishonour fee
Fee type
Dishonour
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
$5 per payment. Charged to the account, due to insufficient available funds, when we are unable to debit the account.
Additional info uri
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Name
Note handling fee
Fee type
Transaction
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
0.25%
Currency
Aud
Additional info
The note handling is 0.25% of the total value of the notes component of all deposit and withdrawal transactions, where the total value of notes handled exceeds $50,000 per day. This fee is debited on the day the transactions are processed. This fee does not apply to deposits made via QuickCash envelopes.
Additional info uri
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Name
Paper Statement Fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
A paper statement fee applies if you request a paper copy of an account statement at any time.
Additional info uri
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Name
Overdraw Fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$15.00
Currency
Aud
Additional info
A fee charged when you exceed the available funds in your account or any agreed overdraft limit on a given day. Additional interest may apply on overdrawn amounts.
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Name
Monthly account fee
Fee type
Periodic
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional value
1 month
Additional info
Calculated at the end of each month and charged to your account on the first day of the following month.
Additional info uri
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Name
Access fee - Overseas transactions
Fee type
Withdrawal
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Amount range
Fee minimum
5.00
Currency
Aud
Additional info
Any other cash withdrawal overseas: AUD $5 plus 3.5% of the transaction value.
Additional info uri
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Name
Access fee - Overseas transactions
Fee type
Purchase
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Currency
Aud
Additional info
Maestro (EFTPOS) or Visa Debit Card or Debit MasterCard purchase in Australian dollars: 3.5% of the transaction value.
Additional info uri
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Name
Access fee - Overseas transactions
Fee type
Purchase
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Currency
Aud
Additional info
Maestro (EFTPOS) or Visa Debit Card or Debit MasterCard purchase in foreign currency: 3.5% of the transaction value.
Additional info uri
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Name
Withdrawals or transfers made via telephone banking using an operator
Fee type
Transaction
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
Withdrawals or transfers made via telephone banking using an operator.
Additional info uri
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Name
CommBank ATMs outside Australia
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$2.00
Currency
Aud
Additional info
The fee is charged to the account at the time of the withdrawal. This fee may be charged for each withdrawal you make through ATMs and Maestro, Cirrus, MasterCard or Visa Plus networks outside Australia.
Additional info uri
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Name
Assisted transactions
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
Withdrawals made over the counter at a Commonwealth Bank branch, Australia Post office or private agency (including EFTPOB/Bank@Post).
Additional info uri
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Name
Cheques transactions
Fee type
Transaction
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
Cheques written by you and negotiated through the clearing system.
Additional info uri
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Name
Assisted transactions
Fee type
Transaction
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
Cheques drawn on your account and cashed over-the-counter at any Commonwealth Bank branch.
Additional info uri
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Name
Assisted deposits
Fee type
Deposit
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
Deposits made over the counter at a Commonwealth Bank branch, Australia Post office or private agency (including EFTPOB/Bank@Post).
Additional info uri
View bank information ↗
Name
Quick Deposits
Fee type
Deposit
Fee method utype
fixedAmount
Fixed amount
Amount
$10.00
Currency
Aud
Additional info
Deposits made via the Quick Deposit Box or QuickCash envelope banking.
Additional info uri
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Name
Cheque transactions
Fee type
Deposit
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
Cheques deposited to your account (including cheques deposited via Quick Deposits or QuickCash envelope banking).
Additional info uri
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Name
Electronic transactions
Fee type
Transaction
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Currency
Aud
Additional info
Customers with a Business Cheque Account are entitled to electronic transactions. Please note Access, CommBiz and NetBank Service Fees may apply.
Additional info uri
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Feature type
Card access
Additional value
Business Visa Debit Card
Additional info
Access your own business funds to pay bills and suppliers online, over the phone or in person.
Additional info uri
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Feature type
Other
Additional info
Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
Additional info uri
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Feature type
Npp payid
Additional info
Rather than wait hours or days for payments from another bank to clear, receive money almost instantly, so you know exactly where your business stands financially.
Additional info uri
View bank information ↗
Feature type
Bill payment
Additional value
BPAY View
Additional info
See, track and easily pay your bills online in NetBank or on the go in the CommBank app.
Additional info uri
View bank information ↗
Feature type
Other
Additional info
Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.
Additional info uri
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Feature type
Other
Additional info
Obtain Cheque Books.
Feature type
Digital banking
Additional info
Regardless of your business structure and needs, we have an online banking solution that will suit you.
Additional info uri
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Feature type
Other
Additional info
Your free business insights tool available in CommBiz and NetBank.
Additional info uri
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Feature type
Npp enabled
Additional info
Pay and receive payments in realtime.
Feature type
Overdraft
Additional info
You may apply to establish an overdraft limit on an eligible account. Applications are subject to our normal credit approval.
Additional info uri
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Feature type
Other
Additional info
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.
Additional info uri
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Feature type
Other
Additional info
Relationship managed

Eligibility type
Business
Eligibility type
Other
Additional info
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.
Additional info uri
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Eligibility type
Other
Additional info
Relationship managed clients only.

No limits & conditions were provided.

No bundles were provided.

From the bank

No application link was provided. Contact the bank to ask about this product.