2020 Business Savings and Transaction Accounts Star Ratings

2020 Business Savings and Transaction Accounts Star Ratings

Canstar’s Business Savings and Transaction Account Star Ratings involve a sophisticated rating methodology, unique to Canstar, which compares business deposit accounts on our database based on their price and features. This is designed to help businesses weigh up their options and find banking products that are right for them.

Released July 2020

2020 Business Savings and Transaction Accounts Star Ratings

Business Saver

  • AMP Bank
  • Arab Bank Australia
  • bcu
  • ING
  • ME

Electronic Transactor

  • Bankwest
  • Commonwealth Bank
  • NAB
  • Suncorp Bank

High Transactor

  • ANZ
  • Bankwest
  • Heritage Bank
  • NAB
  • Suncorp Bank

Low Transactor

  • Bankwest
  • Beyond Bank
  • Greater Bank
  • Heritage Bank
  • Suncorp Bank

Numbers crunched by Canstar Researchers

Data Canstar Icon
51
business transaction accounts rated
Winner Canstar Icon
7
5-Star Rated business transaction accounts
Savings Canstar Icon
39
business savings accounts rated
Winner Canstar Icon
5
5-Star Rated business savings accounts

What makes for a 5-Star business deposit account in 2020?

This year's 5-Star Rated business savings and transaction account providers

Business Saver
ME Bank wins Canstar 2016 Award
Electronic Transactor
bankwest
Commonwealth-Bank
NAB: Outstanding Value Award Winner | Canstar
Suncorp logo
High Transactor
ANZ
bankwest
Heritage Bank wins Canstar award
NAB: Outstanding Value Award Winner | Canstar
Suncorp logo
Low Transactor
bankwest
Beyond Bank: Outstanding Value Award Winner | Canstar
GreaterBank
Heritage Bank wins Canstar award
Suncorp logo