2025 Business Savings and Transaction Account Awards

Canstar releases its
2025 Outstanding Value – Business Savings and Transaction Account Awards.

Released: 24 July, 2025

Congratulations to the Award Winners

(Winners are listed alphabetically)

AMP
Outstanding Value – Business Savings Accounts

Founded in 1849, AMP is a financial institution operating across Australia and New Zealand. AMP Bank is headquartered in New South Wales.

Great Southern Bank
Outstanding Value – Business Savings Accounts

Great Southern Bank was founded in Brisbane, 1946 and now operates across the country. Formerly known as Credit Union Australia, the bank offers services for home loans, credit cards and more.

Heritage Bank
Outstanding Value – Business Transaction Accounts

With origins tracking back to 1875, Heritage Bank is a customer-owned bank based in Toowoomba and has a number of branches across Queensland and New South Wales. Heritage Bank and People’s Choice Credit Union merged in March 2023 to form Heritage and People’s Choice limited. 

Macquarie Bank
Outstanding Value – Business Savings Accounts

Macquarie is an Australian-operated bank founded in 1969. Expanding over the years, Macquarie Bank and the Macquarie Group has become a global financial services group. 

Newcastle Permanent
Outstanding Value – Business Transaction Accounts

Newcastle Permanent is a customer-owned bank, or mutual bank, that has been in operation for more than 117 years. In March 2023, Newcastle Permanent and Greater Bank merged to create Newcastle Greater Mutual Group.

Suncorp Bank
Outstanding Value – Business Transaction Accounts

Established in 1902, Suncorp is a financial services group with established brands throughout Australia and New Zealand. 

Does Canstar rate other products?

About Canstar

Canstar also has insights and information about financial products and services generally. You can find out about topics such as: interest rates, buy now pay later (BNPL), business products and tax. You may also be interested in discovering more about calculators and resources, such as our rate checker and free credit score tool, to help you with your financial decision-making.

About: Josh Sale, Group Manager, Research & Ratings

Bachelor of Commerce, Economics/Finance dual major, Griffith University. Master of Data Science, Strategy and Leadership, RMIT (ongoing studies)

Joshua Sale is responsible for developing the methodology and delivering Canstar’s flagship Star Ratings, as part of Canstar’s Research team. With tertiary qualifications in economics and finance, he enjoys helping Australians find more suitable financial products by transforming complex calculations into a consumer-friendly Star Rating that explains the values and benefits of different financial products.

As one of Canstar’s company spokespeople, Joshua has participated in print, radio and broadcast interviews with the likes of the Australian Financial Review, news.com.au and Money magazine, along with other leading media outlets, discussing topics such as home loan equity, banking incentive schemes, digital wallets and wider finance trends.

Joshua is known for his ability to simplify complex products and technical information, crunching the data into meaningful insights for consumers about finance. He has analysed several consumer markets across banking, insurance and wealth, and is keenly interested in various topics, ranging from how Australians interact with their superannuation funds, to the dynamic nature of the health insurance market, and collecting and redeeming credit card reward points.

Joshua believes that knowledge is the first step towards empowerment. Even while studying, he facilitated peer-assisted study sessions for economics, and represented his University’s Business School in an academic committee.

You can follow Josh on LinkedIn, and Canstar on X and Facebook.