It has pinnatipartite leaves with twenty-five to forty triangular lobes on each side, heads of about sixty brownish and yellow flowers and mostly glabrous follicles.

Banksia cypholoba is a prostrate shrub that typically grows to a height of 0.3 m (1 ft 0 in) and has short, underground, fire-tolerant stems.

There are narrow lance-shaped to egg-shaped, green and brownish involucral bracts 20–28 mm (0.79–1.10 in) long covered with rusty brown hairs, at the base of the head.

[2] Banksia cypholoba grows in kwongan or in thick scrub between Arrino and the Alexander Morrison National Park in the Geraldton Sandplains biogeographic region.

[2][4] This banksia is classified as "Priority Three" by the Government of Western Australia Department of Parks and Wildlife[4] meaning that it is poorly known and known from only a few locations but is not under imminent threat.