Canstar’s Small Business Award works in tandem with our various business banking Star Ratings, recognising the financial institution that provides outstanding value across the board to small businesses.
The Award takes into account our Star Ratings results for business credit cards, business loans, and business savings and transaction accounts, while also considering banks’ business term deposit offerings.
As part of this Award, Canstar also surveys a range of small business customers to gauge their satisfaction with their financial institution.
To be eligible for inclusion in the Award, providers must offer loans, credit cards, and savings and transaction accounts to businesses, as well as have a branch network in a majority of states and territories.
Released July 2021
2021 Small Business Award
Small Business Award Winner
St.George Group (St.George Bank, Bank of Melbourne, BankSA)
Numbers crunched by Canstar Researchers
business savings and transaction accounts assessed
The Award results referred to in this article were published in July, 2021. View the Small Business Award Methodology and Results for more information. The results do not include all providers and may not compare all features relevant to you. They do not constitute a suggestion or recommendation about any particular financial or credit product, and Canstar is not providing a recommendation for your individual or business circumstances. Products referred to this article are not intended to be used for personal, domestic or household purposes.
Star Ratings and Awards are only one factor to take into account when considering products. Current rates and fees may be different to what was rated. Costs, features and other product information should be confirmed with the relevant product provider. If you decide to apply for a financial product, you will deal directly with the provider, not with Canstar.
This advice is general and has not taken into account your objectives, financial situation, or needs. It is not personal advice. Consider whether this advice is right for you, having regard to your own objectives, financial situation and needs. You may need financial advice from a suitably qualified adviser. For more information, read Canstar’s Financial Services and Credit Guide (FSCG) and our detailed disclosure. Canstar may receive a fee for referring you to a product provider – for further information, see how we get paid.
Canstar is a comparison website, not a product issuer, so it’s important to check any product information directly with the provider. Consider the Product Disclosure Statement (PDS), Target Market Determination (TMD) and other applicable product documentation before making a decision to purchase, acquire, invest in or apply for a financial or credit product. Contact the product issuer directly for a copy of the PDS, TMD and other documentation.
Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular credit product or loan. If you decide to apply for a credit product or loan, you will deal directly with a credit provider, and not with Canstar. Rates and product information should be confirmed with the relevant credit provider. For more information, read the credit provider’s key facts sheet and other applicable loan documentation for that product. Read the Comparison Rate Warning.