(18 June 2024 – Australia) Commonwealth Bank of Australia (CBA) has announced new products, services and features for business customers, including the exapnsion of CommBank Yello, the banks customer recognition program.
The expansion of CommBank Yello to CBA business bank customers will allow eligible small and medium businesses to receive discounted provider offers and valuable benefits. Benefits may include offers and discounts on business-related purchases such as travel, technology hardware, business software, telecommunications and workwear.
“CommBank Yello for business is designed to reward and recognise our customers for banking with CBA. We have seen a great response from retail customers who have utilised these personal offers, so it’s exciting to be able to soon welcome business customers to the program,” CBA’s Group Executive Business Banking Mike Vacy-Lyle said.
The bank has also announced a flexible withdrawl term deposit. The new Flexi Business Investment Account gives businesses the ability to withdraw up to 20 percent of their term deposit at any time without interest adjustment or fees, earning competitive interest on the full balance of the account – including the flexible balance.
Full media relese here: CBA reimagines banking for Australian businesses, introduces loyalty program