Taking care of mini business means giving you the works. Rewards, savings, and everything in between.
Save yourself hours in admin by connecting your Everyday Business Account with Xero. Xero pulls transaction data and reconciles your accounts.
Get all the features you need, with $0 monthly fees* on transaction accounts. So you can spend your money on what you actually need.
Move seamlessly between your personal and business money – all in one app. Whether it’s work or life, you're just one tap away.
Sort your business money in the Spaces you need, whether it’s a pot for GST, a company car, end-of-year staff party or just a rainy day.
Don’t let funding get in the way of growing your business – eligible businesses can apply between $2,000 to $50,000.
Your money is in safe hands with enhanced security protocols, pro-active fraud protection, real-time transaction monitoring and more.
Apply now and enjoy no monthly fees* on transaction accounts and no minimium balance or deposits required so you can focus on your business. Looking for a personal bank account?
Explore AMP Bank GO Everyday BankingNew
AMP Bank GO
Everyday Business
Monthly transaction account fees*
Nil
No minimum balance or deposits required
AMP Bank GO debit Mastercard
PayID, NPP, direct debit and BPAY
Business overdraft from $2,000 to $50,000¹
New
AMP Bank GO
Business Save
Variable rate up to $250k
% P.A *
Variable rate $250k to $5m
% P.A *
A tiered variable interest rate with no deposit or withdrawal conditions
No minimum account balance
Easily access your money with a Business Save account linked to your Everyday Business Account
Instant set-up and zero monthly account fees
Create Savings Spaces to meet and track savings goals
Discover why opening a business bank account is essential for mini businesses and sole traders.
Real small business owners share actionable strategies to give your business a boost.
Five side hustlers share tips on how to achieve better work-life balance with their business.
Got questions about security, signing up or our Everyday Business Account? We’ve got straight answers.
The AMP Bank GO Everyday Business account is your central hub for all your business’s money. Unlike a personal account, it’s specifically designed to manage your business income and expenses, making financial tracking easier.
Applying is easy and will take under 10 minutes to apply directly within AMP Bank GO. Here’s what you’ll need to apply for an Everyday Business Account:
We have embedded safety checks throughout our experience, from video ID checks to real-time fraud monitoring 24/7 to confirmation of payee. We’re here to keep you and your money safe. Plus, the Australian Government guarantee protects combined deposits up to $250,000 per customer in the unlikely event that a financial institution fails.
Many mini business owners start by viewing their ventures as hobbies. However, treating your venture as a legitimate business, by opening a separate bank account can unlock growth opportunities, protect your personal finances and provide the financial structure needed for future expansion.
While an ABN (Australian Business Number) is highly recommended and often beneficial for operating professionally. An ABN is not required for setting up an Everyday Business Account with AMP Bank GO. However, obtaining an ABN is a straightforward process that further legitimises your business and is worth considering as your mini business grows.
The product issuer and credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517. This information is provided by AMP Bank Limited. Read our Financial Services Guide available at amp.com.au/fsg for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.
AMP Bank is a member of the Australian Banking Association (ABA) and is committed to the standards in the Banking Code of Practice.
A target market determination for these products is available here.
Any application is subject to AMP Bank's approval.
For accounts with BSB number 939 900, that you access via AMP Bank GO, the Terms and conditions that apply are available here.
For accounts with BSB number 939 200, that you access via the My AMP mobile app, the Terms and conditions that apply are available here.
* Fees apply on approved overdrafts.
** Subject to Xero's terms and conditions.
*** Card present, VISA, Mastercard and eftpos only.
Qantas Business Rewards
Your business must be a Qantas Business Rewards member to earn and use Qantas Points for the business. Membership of Qantas Business Rewards and the earning of Qantas Points as a business are subject to the Qantas Business Rewards Terms and Conditions. A joining fee usually applies. However, AMP has arranged for complimentary membership for new customers who join here.
Earning Qantas Points
1 You must link the ABN associated with your Qantas Business Rewards Account with a matching ABN in your AMP Bank GO Everyday Business Account to earn 1 Qantas Point for every $10 of your average monthly account balance, up to $5,000,000 in balances. Points will be earned on account balances in accordance with the Transaction Account Terms and Conditions. To determine the average monthly balance for your Transaction Account, add the closing balance from each day in the month together, and then divide the total by the number of days in the month. Qantas Points are calculated at the end of each calendar month and applied to your Qantas Business Rewards account within 30 days.
^ Interest rate applies to balances up to $250,000. Rate is subject to change without notice.
Apple Pay
Apple Pay works with iPhone 6 and later in stores, apps and websites in Safari; with Apple Watch in stores and apps; with iPad Pro, iPad Air 2 and iPad mini 3 and later in apps and websites; and with Mac in Safari with an Apple Pay enabled iPhone 6 or later or Apple Watch. For a list of compatible Apple Pay devices, see https://support.apple.com/en-us/HT208531.
Apple, the Apple logo, Apple Pay, Apple Watch, Face ID, iPad, iPhone, iTunes, Mac, Safari, and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries. iPad Pro is a trademark of Apple Inc.
