- $0 monthly account fees1
- Open online in minutes
- Unlimited free electronic transactions
- Debit Mastercard and instant digital wallet access
- Great rate on every dollar
- $0 monthly account fees1
- No minimum or maximum balance rules
- At-call access to your savings
- Guaranteed rate of return
- $0 monthly account fees1
- 100% digital application
- Terms from one month to one year
Find the rate that’s right for you
For further information see our Terms & Conditions.
| Interest Rate | 5.15% |
Other fees may apply.
| Term | Interest at maturity |
|---|---|
| 1 Month | 4.00% p.a. |
| 2 Months | 4.00% p.a. |
| 3 Months | 5.10% p.a. |
| 4 Months | 5.25% p.a. |
| 5 Months | 5.15% p.a. |
| 6 Months | 5.35% p.a. |
| 7 Months | 5.20% p.a. |
| 8 Months | 5.10% p.a. |
| 9 Months | 5.35% p.a. |
| 10 Months | 5.50% p.a. |
| 11 Months | 5.30% p.a. |
| 12 Months | 5.50% p.a. |
Minimum investment of $5,000
What kind of business can apply?
- Sole traders
- Partnerships between individuals
- Companies
- Trusts
- Self-managed super funds
You’ll need:
- Your ABN
- Your ID (driver licence, passport or Medicare card)
- A digital copy of your trust deed and any variations
- Verify your business and ID details
- Your Business+ Account is opened automatically
Go to 'Explore' and open your Business+ Saver or Business+ Term Deposit. Transfer money into it from your Business+ Account.
Existing customers
Log into your profile using Business+ online or the Business+ app.
Make sure the money you'd like to invest in your savings or term deposit is in your Business+ Account.
Go to 'Explore' and open your Business+ Saver or Business+ Term Deposit. Finally, transfer your money to your new savings account or term deposit and you're done!
SMSFs explained
Answers to frequently asked questions about self-managed super funds.
You’ll need the ABN of the SMSF, SMSF trust deed, email addresses of all members, and ensure that your SMSF is registered with the Australian Taxation Office. Each member will need to be identified using an Australian driver’s licence, Australian passport and/or Medicare Card.
Let’s steal a line from the Australian Government’s website. ‘A trust deed is a legal document that sets out the rules for how a self-managed super fund (SMSF) will operate.’
You can learn all about trust deeds here.
Our Business+ accounts allow for transactions to be initiated by any of the members. You can use payment approvals to make sure that transactions such as BPay, Osko, and PayAnyone transfers need approval from the account owner. This control doesn’t apply to card transactions, direct debit or PayTo arrangements.
If you need payment approvals for all transaction types, this account isn’t the one for you.
Yes. All members can have a debit card for on the Business+ Account.
One of the members can apply for Business+ on behalf of all members for the SMSF. We’ll send an email to invite all members to login and verify their identity. It’s easy and can be done from anywhere so members don’t need to be in the same place at the same time.
Once you've applied for Business+ and all SMSF members have had their identities verified, your Business+ Account will be opened automatically. You can then open a Business+ Saver or Business+ Term Deposit in minutes using the Business+ app or Business+ online. These accounts offer great interest rates and healthy returns for your SMSF.
More features, less fuss.
Banking, finance and invoicing in the Business+ app.
Business+ Account is a bank account used to manage cash transactions for your SMSF. This account is not a superannuation product.
It is the responsibility of the trustee(s) to comply with all relevant obligations, including superannuation and tax laws.
The trustee(s) need to be aware of their obligations, including as they relate to deposits and withdrawals from their Business+ accounts. Great Southern Banks recommends that you seek independent financial, legal and taxation advice.
1Once you've applied for Business+ and all SMSF members have had their identities verified, your Business+ Account will be opened automatically.
>> Rates current as at 12 October 2026 and are subject to change.
What businesses can apply:
- Sole traders
- Partnerships between individuals
- Companies
- Trusts New
- Self-managed super funds New
What businesses can't apply:
- Partnerships where the owners aren’t individuals
You must:
- Be aged 18 or over
- Be an Australian resident
- Have an ABN for your business
You will need:
- An email address and an Australian mobile number
- One form of ID such as your driver’s licence, passport or Medicare card