Make the switch to CommBank
 

  • It's easy to switch, and we're here to help. See our Bankwest FAQs page for support on account closures or give us a call on 13 7000

  • Speak to one of our specialists about your business needs. We'll call you back in 1-2 business days.

    Request a callback

Award-winning digital experiences

Focus on what matters most to you and your business with the CommBank app. Designed to make business banking on the move, secure and easy. 

World-class cyber security protection

We’re committed to ensuring your safety online through services and security features, including real-time monitoring, fraud protection and secure banking. Plus, we have resources to help keep your business cyber-safe. 

Australia-based 24/7 tailored support

From small business to corporate or regional and agribusiness, we offer 24/7 support and innovative solutions designed to make business easier, backed by specialised teams with deep industry knowledge.

Get started with CommBank

Business banking made easier

Get started with a simple and safe digital account opening process for your everyday banking and savings needs. Open a Business Transaction Account online with a $0 monthly fee1 and unlimited electronic transactions.2

Open online

Compare transaction accounts

Bankwest Business Zero Transaction Account

An at call account with full transactional capabilities providing unlimited access to Bankwest facilities.

$0

Monthly account fee

  • Unlimited electronic transactions
  • Free ATM withdrawals at Bankwest, CBA, ANZ, NAB or Westpac

CommBank Business Transaction Account

An everyday business bank account that you can open online1 and provides unlimited electronic transactions.2

$0

Monthly account fee option

  • Unlimited electronic transactions
  • Free ATM withdrawals
  • Sync with accounting software
  • Real-time alerts
  • World-class built-in cyber security features
  • Cash flow insights and data on the go

Take a look

Apply now

Compare savings accounts

Bankwest Business TeleNet Saver

An online at-call savings account for business customers

1.35%3

p.a.

  • No minimum deposit amount
  • Your funds remain available to use (accessible via your linked account)
  • Earn interest on full balance, no minimum

CommBank Business Online Saver

An online account with instant access

1.25%4

p.a.

  • No minimum deposit amount
  • Your funds remain available to use
  • Earn a variable interest rate on your full balance
  • World-class built-in cyber security features
  • Cash flow insights and data on the go

Take a look

 

Apply now

CommBank Capital Growth Account

A notice deposit account that lets you save and top-up your balance. 

Up to

3.25%5

p.a.

  • Notice periods available from 48 hours 
  • Flexibly access your funds by providing a notice
  • Competitive variable interest rate
  • No account-keeping fees
  • View, track and manage your account on NetBank or CommBiz
  • World-class built-in cyber security features
  • Cash flow insight and data on the go

Take a look

 

Apply now

CommBank Flexi Business Investment Account

A flexible term deposit where you can access up to 20% of your funds without interest adjustment or administration fees, and with a bonus offer. 

4.40% 6

p.a. for 12 months

  • Earn guaranteed returns on your investment
  • Access up to 20% of your funds
  • Choose from 3, 6, 9 or 12 month terms
  • Minimum deposit of $5,000
  • Secure holding facility
  • World-class built-in cyber security features

Take a look

 

CommBank Business Investment Account

A term deposit that locks in a fixed interest rate with a bonus offer.

Up to

4.75% 7

p.a. for 12 months

      +0.20%

p.a Bankwest bonus8

  • Earn guaranteed returns on your investment
  • Choose terms from 8 days to 5 years
  • Manage online at any time
  • Secure holding facility
  • World-class built-in cyber security features
  • Cash flow insights and data on the go

Take a look

 

Apply now

Hear from businesses like yours

Creativity meets opportunity in animation studio

A local business banker in WA helps customer unlock global training program.

Read case study

Simply Pharmacy

Simply Pharmacy’s smooth transition to CommBank meant the business could capitalise on new opportunities moving forward.

Read case study

Payment solutions for your industry

Explore the EFTPOS and payment solutions that are popular with businesses like yours.

Retail

Make shopping seamless

Payment systems, EFTPOS terminals, Buy Now Pay Later, and eCommerce platforms tailor-made for your retail business. 

Payments for retail

Hospitality

Manage payments in your cafe or restaurant

Discover payment tools, EFTPOS terminals, and eCommerce platforms designed to pair perfectly with your hospitality business. 

Payments for hospitality

Health

Focus more on helping patients, and less on admin

Streamline your payments, process instant claims and promote your practice with our complete digital health solution.

Smart Health

Things you should know

  • As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. You can view the Terms and Conditions for Business Transaction and Savings Accounts (PDF)Merchant Agreement, our Financial Services Guide (PDF) and the Electronic Banking Terms and Conditions (PDF) and should consider them before making any decision about these products and services. Bank fees and charges may apply. 

    1 You can only open an account online if you're a new or existing customer who is either a sole trader or director of a private company (Pty Ltd). You'll need to set up your business with us so we can verify your business details with ASIC. Once your beneficial owners and nominated directors have verified their ID (we'll email them instructions to do this online), you'll be able to open and start using your account. You'll be providing information to us on behalf of directors and owners in accordance with our Privacy Policy - make sure you've got their permission to do so before you start.

    2 Excludes non-Commonwealth Bank ATMs here and all ATMs overseas, EFTPOS transactions overseas, transfer group payments to third parties, international money transfers, CommBiz and NetBank service fees and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. Wholesale relationship managed customers may be notified at any time that their account is subject to transaction fees on electronic transactions and Commonwealth ATM cash withdrawals.

    3 Rates are subject to change (including while you hold the account).

    A variable interest rate of 1.25% p.a. is available for balances $1,000,000 and over. You can view the Business Transaction & Savings Accounts Terms and Conditions (PDF) our Financial Services Guide (PDF) and the Electronic Banking Terms and Conditions (PDF) and should consider them before making any decision about these products and services.

    5A variable interest rate of 3.25% p.a. is available for Balances on Hold (BOH) on 7 day notice period. Current variable rates as of 15 November 2023 and are subject to change. You can view the Capital Growth Account Terms and Conditions (PDF), our Financial Services Guide (PDF) and the Electronic Banking Terms and Conditions (PDF) and should consider them before making any decision about these products and services.

    6 A variable interest rate of 4.40% p.a. is available for balances between $5,000 and $1,999,999 on a 12 month term. You can view the General Information and Terms and Conditions for Business Investment Accounts, our Financial Services Guide(PDF) and the Electronic Banking Terms and Conditions (PDF) and should consider them before making any decision about these products and services.

    7 A variable interest rate of 4.75% p.a. is available for balances between $5,000 and $1,999,999 on a 12 month term. Offer available from 6 May 2024 for a limited time only. You can view the General Information and Terms and Conditions for Business Investment Accounts, our Financial Services Guide(PDF) and the Electronic Banking Terms and Conditions (PDF) and should consider them before making any decision about these products and services.

    8 Business Investment Account Bonus Rate. This offer is available to eligible Bankwest Business Banking customers that open a new Business Investment Account in branch. A minimum opening balance of $5,000 will be required to be deposited into the new Business Investment Account. The offer rate will be applied at account opening and applies to the initial investment term only. At the maturity of the initial investment term, the interest rate will revert to the standard advertise rate available at that time. This offer runs until 31 August 2024 and is subject to change.

    The target market for these products will be found within the product’s Target Market Determination.