Bring your transactions and savings into one place, with the fee-free business bank account that saves you time and money.

Fee free

No batching fees, no monthly account keeping fees, no dishonor fees, no ABA upload fees or transaction fees.

Bonus interest

Earn daily and bonus interest with rates that increase the longer you leave your money in your Smart Account.
Learn more.

Control and flexibility

Pay any Australian account in the way that suits you: Bank transfer, BPAY, direct debits and ABA uploads all for free using your mobile.

Government Guarantee

Your deposits are protected under the Financial Claims Scheme up to $250,000 per account holder.
For more information visit ASIC’s website.

Integration with Xero®

Schedule batch payments in Xero – including BPAY and bank transfers – and approve in the Tyro app with one tap. Integrated bank feeds back to Xero provide seamless reconciliation.
Find out how easy it is.

We listen

Initiate payments using Siri’s voice command. Tyro Payments has the first deposit account in Australia which allows payments to be made using Apple’s smartphone assistant, Siri.
Learn more.

Track EFTPOS transactions

See hourly transactions to pick up on sales times and trends.

Just-in-time reminders

If your account is running low on funds, we’ll let you know, so you can reschedule your bill payments.

Keeping you safe

If a new payee is included in a batch we’ll notify you before you approve the payment.

Get started today

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Base Interest Rate 1.00% p.a.
Combined Base & Bonus Interest Rate
Longer than 30 days 1.25% p.a.
Longer than 60 days 1.5% p.a.
Longer than 90 days 1.75% p.a.

Tyro EFTPOS Banking customers who do not opt to have EFTPOS funds settled into their Tyro Smart Account have their EFTPOS takings auto-swept to their nominated linked bank account and do not earn any interest. Interest rates are variable and subject to change. Interest is calculated daily and paid monthly on the third business day. Check-out the Tyro EFTPOS Banking Terms and Conditions.

Tyro’s Smart Account is a protected account under the Financial Claims Scheme which guarantees repayment of depositor funds up to $250,000 per account holder at an authorised deposit taking institution in the unlikely event of their insolvency. For more information visit ASICs website.