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Business Maximiser

Earn interest with flexible and convenient access to funds. Enquire now to make it yours.

Up to 1.65 % p.a. Interest rate

Earn interest with flexible access to your business funds

Our Business Maximiser account is designed for businesses that want their everyday funds to work harder without giving up easy access. Whether you're managing daily transactions or setting aside surplus cash, this account offers a practical way to earn interest while keeping your money within reach.

With no fixed terms and the flexibility to move funds as needed, it’s a smart solution for businesses looking to grow their finances while staying agile.

So, what are the perks?

Features, Rates and Further Information

Product Features:

Business Banking
Minimum opening balance : $0
Monthly account-keeping fee : $10
Mutual Visa Debit Card : Available
Internet banking : Yes
The Mutual App : Yes
Mutual alerts : Yes
Interest : Calculated daily, paid quarterly
Payroll processing : Available, via internet banking
Statement frequency : Monthly
Overdraft facility : Available upon application
Staff assisted transactions : Branch and Contact Centre

Interest Rates:

Business Maximiser Account Interest Rates
Up to $10,000 0.00% p.a.
$10,000 and over 1.50% p.a.  
$20,000 and over 1.50% p.a.  
$50,000 and over 1.50% p.a.  
$100,000 and over 1.55% p.a.  
$500,000 and over 1.65% p.a.
$1,000,000 and over 1.65% p.a.

 

Money management tools

Want to plan ahead with confidence? Our easy-to-use calculators can help you set savings goals and keep track of your spending, so you stay in control of your finances.

View all our online calculators →

Business solutions for you

  • Business Viewpoint

    Our tailored Business Viewpoint Internet Banking platform allows you to delegate access to your accounts to nominated staff with varying levels of authority, including read-only access, to help reconcile accounts for your approval.

  • BPAY® Biller**

    BPAY® Biller is an electronic bill collection service that enables your customers to make BPAY® payments direct to your business account. This means fast payment of invoices, as funds are immediately available in your account once received.

  • Payroll Services

    You can create, modify and process payroll files, including future-dated payrolls within Internet Banking. For your security, only an authorised user can process payroll, and each user can be given their own unique login and access code.

  • Xero Bank Feeds

    You can register for ‘bank feeds’ in Xero so that transactional data is uploaded automatically each morning, eliminating the need manually upload statement data.

  • MYOB BankLink

    Our Internet Banking allows uploading/downloading of transaction files from/to MYOB for you to complete your bookkeeping more effectively. 

  • Direct Debit User Facility

    Eligible accounts allow you to participate in our Direct Debit User Facility, which enables you to make multiple direct debit transactions using the Bulk Electronic Clearing System’s Direct Debit functionality. An application fee applies.

  • Batch Processing and Rental Disbursement

    Batch process multiple transfers or rental disbursements by creating a batch .ABA payments file through your accounting software, such as MYOB or Xero, and uploading it to the Multiple Transfers menu item within Internet Banking.

    Bank Code: MMB | Bank ID or APCA number: 045107

You're gonna love us

The Mutual Bank has been supporting regional communities with trusted banking for over 135 years

We’re proudly customer owned, which means we exist to benefit you. Not external shareholders. Whether you're opening your first account or planning for the future, we’re here with genuine service, great-value products and the kind of care only a mutual can offer.

Frequently Asked Questions

Our business accounts are available to a wide range of entities, including sole traders, partnerships, companies, trusts, associations, and not-for-profits. Some accounts, such as trust accounts, are designed for specific industries like legal, real estate, or conveyancing services.

Most of our business accounts do not require a minimum opening balance. However, interest-earning accounts like the Business Maximiser or Internet Saver Business may have balance thresholds to qualify for interest.

Yes. All business accounts can be accessed through The Mutual App and Internet Banking, allowing you to view balances, transfer funds, pay bills, and download statements 24/7.

Yes. You can request a Mutual Visa Debit Card for eligible business accounts, such as the Business Maximiser or Business Cheque Account. This allows you to make purchases in-store, online or over the phone.

Yes. Our Business Maximiser, Internet Saver Business, and Farm Management Deposit accounts offer competitive interest on eligible balances. Interest is calculated daily and paid monthly or at maturity, depending on the account.

Looking for something else?

View and compare our Business Transaction Accounts

Need more support? We're here to help

  • Speak to a local

    Connect to our Hunter based team in minutes during business hours.

  • Make an enquiry

    Send us your request or feedback anytime using our secure online forms.

  • Explore FAQs

    Looking for a quick answer? Browse our most frequently asked questions.

  • Secure Message

    Securely message our local Contact Centre Team through the Mutual App or Internet Banking.

  • 1

    Interest is calculated by applying the daily percentage rate applicable to the daily balance as set out to the entire balance and paid 3 monthly on 31st March, 30th June, 30th September and 31st December. The daily percentage rate is the applicable annual percentage rate divided by 365. Penalty Interest will be charged at a rate of 20.00% per annum on overdrawn accounts. This penalty interest will be calculated daily and charged on a monthly basis.

  • 2 Eligibility criteria, conditions, fees and charges apply to all loans. Full terms and conditions are available on application.
  • 3 Interest is calculated by applying the daily percentage rate applicable to the daily balance as set out to the entire balance and paid 3 monthly on 31st March, 30th June, 30th September and 31st December.

We have not considered your objectives, financial situation, or needs. You should consider these things, along with the Product Disclosure Statement and our product Target Market Determinations before making any decision to acquire a product.

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Any advice or information on this site does not take into account your personal objectives, financial situation, or needs and you should consider whether it is appropriate for you. Please review our Product Disclosure Statement, Target Market Determinations, Terms and Conditions, Financial Services Guide, and Credit Guide before deciding to acquire a product.

Eligibility and lending criteria, conditions, fees, and charges apply to all loans. Interest rates, fees, and charges may change without notice. Information is current as at date of appearance and is subject to change. We use reasonable efforts to provide accurate and up to date information. However, mistakes may still occur from time to time, and we cannot guarantee that this website is free from any errors, inaccuracies or omissions. Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian credit licence 238139.

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We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which The Mutual Bank operates and where our team members reside.