Commonwealth Bank of Australia (CBA) has expanded its customer recognition program, CommBank Yello for Business, to benefit more than 340,000 small business customers across the country. The initiative provides eligible businesses with access to exclusive discounts and special offers to help reduce operational costs.
Mike Vacy-Lyle, CBA’s Group Executive for Business Banking, highlighted the challenges faced by small business owners, particularly sole traders, amid rising costs. "It takes grit, determination, and hard work to run a small business, particularly as a sole trader, but with some goods and services costing 20 per cent more today than five years ago, business owners are having to work harder and get even savvier when it comes to managing costs," he said.
Exclusive benefits for business owners
CommBank Yello for Business offers discounts on a variety of services and products, ranging from internet plans to equipment hire. Businesses can access benefits such as:
• Discounted pricing on More Business nbn, SIM-only mobile, and business phone systems for 12 months.
• Reduced rates on Nine Ad Manager orders (minimum spend applies).
• Exclusive pricing on Samsung products via a dedicated portal.
• 20% off BioPak compostable food packaging for new customers.
• 20% discount on general equipment hire with Kennards Hire.
• Three months free for new Doshii customers, followed by a 10% discount.
• Various discounts on workwear brands including Hard Yakka, NNT, and KingGee.
Eligibility and assessment process
Eligible small businesses must hold a business transaction account with CBA and meet specific criteria. Benefits are assigned based on transaction volumes and lending relationships, with assessments conducted monthly.
CommBank Yello for Business builds on the bank’s broader Yello program, aiming to provide additional value and support for Australia’s small business community.