Join online in minutes or open in branch
Suitable for businesses who transact less frequently
Apply online
Sole traders who haven’t held a Bendigo Bank account can open an account online and be transacting in less than 15 minutes. If you do not meet this eligibility, open an account in person at your nearest branch.
Flexibility
Only pay for the transactions you make, with easy access to your money online, in-app, over the phone, in-branch or at Bank@Post™ outlets.
Low fees
No monthly fee and from just 40c per assisted transaction.
Security
24/7 fraud monitoring, multi-factor authentication and Zero Liability protection against unauthorised transactions5.
Payments
Make payments fast with Osko®, easily with BPAY® or in bulk. Shop online or in person with a debit Mastercard® that can be added to your smartphone or wearable device.
Integrate
Add Payment Services Powered by Tyro or pair with a Business EasySaver Account. Access to exclusive partner discounts via Mastercard Easy Savings Specials.
Eligibility for online application
Check your eligibility first.
- You’ve never banked with Bendigo Bank
- You’re 18 years or older
- You’re a Sole Trader or individual for tax purposes
- You have an active ABN
- You’re an Australian resident for tax purposes
Know before you apply
You will need a few things to set up the account online or in branch. Here’s what to expect.
Personal details
You will need to provide your mobile number, name, date of birth, address and email address and valid ABN.
Upload ID
You will need to take a picture of and upload a valid Australian driver's licence or Australian passport.
Take a selfie
Last step to verify your identity is to take a clear selfie and upload the picture.
Open a Business Basic Account
Apply online
I am a sole trader and don’t hold or have never held a Bendigo Bank account.
Apply in branch
I am a business and would like to open an account in person.
To make things easier
Book an appointment with your branch and take the relevant ID along.
Rates and fees
A full list of fees can be found in our Business Fees and Charges guide. Business Fees and Charges
Monthly service fee
$0
Debit Mastercard purchases
Unlimited
Cash deposits
Unlimited
Branch and ATM
Unlimited - Bendigo Bank ATM withdrawal and transfer
Withdrawals & Transfers
$0.40 each - e-banking Payments, BPAY and transfers
$0.40 each - Phone banking, BPAY payments or transfers
$1.75 each - In-branch cash withdrawal or transfer
Business banking made easy - try the Bendigo Bank app
Your business is always moving. Match its pace with an app that’s big on giving you all the tools, ease and security you need for seamless banking.
- Log in quickly and securely with biometric authentication or a Four-digit PIN
- See balances without logging in using Quick Balances
- Pay people and bills in seconds with PayID®, Osko, BPAY
- Add your debit or credit card to Apple Pay or Google Pay from the app
- Card controls at your fingertips
- Safe and secure 24/7
Download the Bendigo Bank app now:
FAQs
Q: Is there a monthly service fee for the Business Basic
No. Our Business Basic Account features a $0 monthly service fee.
Q: Are there transaction limits or excess transaction fees?
No. Our Business Basic Account has no monthly account keeping fees and no transaction limits. Instead, it uses a pay-as-you-go model where fees for certain transactions are conveniently bundled and charged on the 1st of the following month, while others are charged at the time of the transaction.
Q: Can the Business Basic Account be linked to my accounting software
Yes. You can seamlessly integrate your Business Basic Account with accounting platforms such as Xero, MYOB and QuickBooks via secure daily feeds.
Q: Does the account come with a debit card?
Yes. You will receive a Bendigo Bank Business Debit Mastercard®, allowing you to make everyday business purchases securely in-store, online, and overseas. You can also link your card to digital wallets including Apple Pay and Google Pay for convenient, on-the-go payments.
Q: Can I add additional staff members or my accountant as authorised users?
Yes. You can easily configure multi-user access via our e-banking portal. You can assign read-only access or grant limited payment creation and authorisation levels to key staff members to keep your operations running smoothly.
Things you should know
For a full list of fees and charges, please refer to the Business fees and charges
Target Market Determinations for products are available.
5Mastercard Zero Liability: Conditions for protection apply, see mastercard.com.au/zero-liability
Mastercard trademark: Mastercard and Priceless are registered trademarks, and the circles design and Tap & go are trademarks of Mastercard International Incorporated.
BPAY and OSKO® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.
PayID® is a registered trademark of NPP Australia Limited.
Open a Business Basic account online. Check eligibility.
