New Zealand’s Best Rated Business Bank Accounts

BNZ is the winner of Canstar’s latest Bank of the Year Business Bank Accounts Award for its great products across both transactional and savings accounts.

Bank of the Year Business Bank Accounts Award

For our 2025 Bank of the Year Business Bank Accounts Award, we assessed seven banks. Each was rated across their performance in our two Outstanding Value Business Accounts categories:

• Outstanding Value Business Transaction Accounts
• Outstanding Value Business Savings Accounts

Plus they were scored on our research findings into the levels of Customer Satisfaction they deliver to their business clients.

Coming out on top of this year’s rankings, winning Canstar’s Bank of the Year Business Bank Accounts Award for is the BNZ.

In awarding the BNZ its top accolade, Canstar’s research team noted three key factors in the bank’s success:

• The BNZ’s Rapid Save account, a deposit account that offers competitive interest rates
• The bank’s improvement in price performance under the Business Transaction rating profile
• Strong levels of satisfaction from its business customers across categories including: communication and problem resolution

What does the BNZ offer business customers?

The BNZ offers its business customers one transaction account and two savings accounts:

Business First Transact

Features include:

• No monthly account fees or charges for electronic and manual transactions
• Mobile Business Banking app
• Cash-flow support

Business First OnCall

Features include:

• Earn interest with instant access to funds
• No monthly account fees or charges for electronic and manual transactions

Rapid Save

Features include:

• Earn higher rates of interest
• One fee-free withdrawal per month
• No monthly account fees

For more on BNZ's win, click here!

Outstanding Value Business Transaction & Savings Accounts

To assess NZ’s Outstanding Value business bank accounts, across both transaction and savings profiles, this year our team researched 15 banking products from the following providers:

Each bank’s accounts were scored across categories including: account features, fees, interest rates and customer service and support. You can read our full methodology here.

Based on the results of our analysis, all banking products were awarded our Star Ratings, the best earning our prestigious 5-Star Outstanding Value Awards across three categories:

• Business High Transactor– business customers who make an average of 100 transactions per month
• Business Low Transactor – customers making around 40 transactions per month
• Business Saver

Business Transaction Accounts

Two banks earn our our top Outstanding Value 5-Star ratings:

Award	Winners
Outstanding Value Business Transaction Accounts

Outstanding Value Business Transaction Account Awards

Business Savings Accounts

Two banks earn our our top Outstanding Value 5-Star ratings:

Outstanding Value Business Savings Account Awards

About the author of this page

Bruce Pitchers is Canstar NZ’s Content Manager. An experienced finance reporter, he has three decades’ experience as a journalist and has worked for major media companies in Australia, the UK and NZ, including ACP, Are Media, Bauer Media Group, Fairfax, Pacific Magazines, News Corp and TVNZ. As a freelancer, he has worked for The Australian Financial Review, the NZ Financial Markets Authority and major banks and investment companies on both sides of the Tasman.
In his role at Canstar, he has been a regular commentator in the NZ media, including on the Driven, Stuff and One Roof websites, the NZ Herald, Radio NZ, and Newstalk ZB.
Away from Canstar, Bruce creates puzzles for magazines and newspapers, including Woman’s Day and New Idea. He is also the co-author of the murder-mystery book 5 Minute Murder.