The BEST & WORST Aussie Bank Accounts for Businesses (Ranked by an Accountant)

Need cloud accounting software with automated bank feeds? Sign up for Xero with a massive discount: https://xero5440.partnerlinks.io/bankreviews Looking for stress-free, fixed-fee accounting services? Book a consultation with us: https://www.boxas.com.au/book-a-consultation-yto/?video=pERWRM1vn3Q — If you're running a business and you're still banking with whoever you opened your first account with years ago, you're probably getting ripped off. In this video, I'm going to show you exactly which Aussie banks offer the best value for different types of small businesses, which ones to avoid, and most importantly - how to choose the right account that'll actually help your business. CHAPTERS: 00:00 - Intro 01:02 - Criteria 1: Fees 02:55 - Criteria 2: Integration with Accounting Software 05:10 - Criteria 3: Multiple User-Access & Controls 07:33 - Criteria 4: Interest & Rewards 09:25 - Criteria 5: Overdrafts & Lending Facilities 11:25 - Criteria 6: Online & Movile Banking 13:58 - Criteria 7: Customer Support 16:30 - Final Rankings & Considerations — Thank you for watching this video. I post videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy the video and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful! — ► Subscribe to my channel here: https://www.youtube.com/c/DavieMach — Davie has over 15 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients. Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses. He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales. — Follow Me: LinkedIn: https://www.linkedin.com/in/davie-mach/ Instagram: https://www.instagram.com/boxas_syd/ Facebook: https://www.facebook.com/boxadvisory/ Website: https://boxas.com.au/ TikTok: https://www.tiktok.com/@boxadvisory — Disclaimer: This video is for informational purposes only and should not be considered financial or legal advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant before making any decisions regarding investments.