Compare All Business Bank Accounts in New Zealand
Complete side-by-side comparison of fees, features, and benefits from every major New Zealand bank. Make the right choice for your business.
Last updated: 12 October 2025
Filter Comparison
| Bank | Monthly Fee | Transaction Fee | Free Transactions | Min Balance | Rating | Best For | Action |
|---|---|---|---|---|---|---|---|
ANZ | $10 | $0.25 | 20 | $2,000 | ★ 4.3 | Established businesses with regular transactions | View Details |
ASB RECOMMENDED | $10 | $0.30 | 20 | $2,000 | ★ 4.4 | Tech-savvy businesses preferring digital banking | View Details |
BNZ | $10 | $0.20 | 30 | $3,000 | ★ 4.2 | High-volume transaction businesses | View Details |
Westpac | $15 | $0.25 | 25 | $2,500 | ★ 4.1 | Businesses seeking banking partnerships and lending | View Details |
Kiwibank | $5 | $0.50 | 10 | $1,000 | ★ 4 | Small businesses with low transaction volumes | View Details |
Feature Comparison
| Feature | |||||
|---|---|---|---|---|---|
| Online Banking | |||||
| Mobile Banking | |||||
| Branch Access | |||||
| International Payments | |||||
| Multi-Currency Accounts | |||||
| API Access |
Our Expert Recommendations
🏆 Best Overall: ASB Business Current Account
ASB leads with the best combination of digital features, customer service, and competitive fees. Their mobile banking platform is exceptional, making day-to-day banking efficient for busy business owners.
Learn more about ASB →💰 Best Value: Kiwibank Business Account
For small businesses with low transaction volumes, Kiwibank offers unbeatable value with the lowest monthly fee and competitive features. Perfect for startups and sole traders.
Learn more about Kiwibank →🏢 Best for Large Business: ANZ Business Banking
ANZ provides the most comprehensive suite of business banking tools, extensive branch network, and strong corporate banking relationships for growing businesses.
Learn more about ANZ →📊 Best for High Volume: BNZ Business Current
With 30 free transactions and low per-transaction fees, BNZ is ideal for businesses processing many payments and receipts daily.
Learn more about BNZ →Calculate Your Banking Costs
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