Freedom Business Account
Open your Freedom Business Account online in 5 minutes^^Online account opening criteria apply.
Special offer
Open a Freedom Business Account by 7 December 2018 and you could get $100 cashback*.
To qualify for the cashback to your account you must complete the following transactions:
- Make 2 Visa debit card purchases within 30 days of account opening.
*Conditions apply. Offer for a limited time only.
Everyday benefits
- Pay and get paid
- Make tax time easier by separating personal and business transactions
Top features
Branch transactions
30 free in-branch transactions (includes over the counter, electronic agency, and cheque deposits and withdrawals).
Stay up to date
SMS and email alerts to keep track of your account activity2.
Access anytime
Access to your funds anytime, anywhere - online, mobile, tablet, branch, ATM and cheque1.
Fees and interest
| Fees and interest |
Amount |
|---|---|
| Monthly Account Keeping Fee | $10 |
| Branch transactions | First 30 free |
Excess branch transaction fee (charged when monthly fee free allowance is exceeded) |
$1.00 |
Excess cheque withdrawal fee (charged when monthly fee free allowance is exceeded) |
$0.50 |
| Interest rate | N/A |
How to Apply
Your business must be registered in Australia or be acting on behalf of an Australian business.
18+ years old.
Read our useful checklist of what information you need to apply.
Other ways to apply
You can also apply over the phone or in branch
The Detail
The information on our website is prepared without knowing your personal financial circumstances. Before deciding to acquire or hold a product, please read the Terms and Conditions
- Business Accounts and Payment Services Terms and Conditions and General Information
- Business Accounts and Payment Services Fees and Charges and how to minimise them
- Business Account Interest rates at a glance
- Business Debit Cards Terms and Conditions
Consider if the product is appropriate for you. The Terms and Conditions are important and we encourage you to review, save and print them. If you would like a paper copy ask at your local branch.
BPAY® registered to BPAY Pty Ltd ABN 69 079 137 518
Conditions and fees apply.
^Account opening criteria applies.
*To be eligible for this offer, customers need to open a Freedom Business Account between 5 November 2018 and 7 December 2018 (inclusive) (“Offer Period”) and complete a minimum of two Visa Debit Card Transactions within 30 days of opening the account (“Eligibility Period”). Eligible customers will receive $100 deposited into their account within 60 days of the end of the Eligibility Period. (“Offer”). The Offer is limited to one $100 deposit per eligible customer, unless in the case of opening a joint account one of the joint account holders becomes an eligible customer for a separate Freedom Business Account opened during the Offer Period, no $100 deposit will be paid to any of the joint accounts holders in respect of the relevant joint account. The Offer excludes customers who opened a Freedom Business account with BankSA, St.George Bank or Bank of Melbourne any time before and including 4 November 2018. The Offer is not available with any other offer. The Offer may be repeated from time to time, withdrawn, varied or extended at any time. Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.
1. Electronic transactions are Internet and Phone Banking deposits, withdrawals and transfers, Direct Debits and Credits, St.George/BankSA/Bank of Melbourne/Westpac ATM withdrawals in Australia, St.George/BankSA/Bank of Melbourne ATM deposits and mini transaction history and EFTPOS withdrawals and Business Visa Debit Card transactions. Internet and Phone Banking and Business Banking Online are subject to systems availability, daily transaction limits apply.
2. SMS alerts cost 25 cents each and email alerts are free.