Tyro EFTPOS and a fee-free bank account that earns you interest

Be prepared, save for business payments

Finally a business bank account that acts like it

Competitive interest rates calculated daily and paid monthly, no account keeping fees, no transaction fees and no penalties for accessing your funds. Save for business payments like quarterly BAS while earning interest on your cash.

Tyro Bank Account

Competitive interest rates

Earn more interest on your funds the longer you leave them in the account, and still have access to your funds when you need it.

Interest Rates
Effective as of 13 July 2020

On 13 July 2020 the Base Rate on the Tyro Bank Account changed from 1.00% p.a. to 0.25% p.a. The Bonus Interest rate remained unchanged.

_{Interest rates are variable and subject to change. Interest is calculated daily and paid monthly on the third business day. Bonus interest is paid on the portion of the balance that falls within each tier. Tyro EFTPOS Banking customers who do not opt to have EFTPOS funds remain in their Tyro Bank Account have their EFTPOS takings auto-swept to their nominated linked bank account and do not earn any interest.}