Add ons

Deposit Guarantee

A Deposit Guarantee¹ can be a useful alternative to a cash deposit on a home purchase. This add-on is a quick and easy way to pay a deposit if your cash is tied up in other investments or you're waiting to sell your existing property.

The fee for Deposit Guarantee is from 1.2% of the overall deposit.

Find out more about our Deposit Guarantee.

Low Fee Everyday Account

If your Relationship Balance is more than $50,000 we'll waive certain fees on eligible transaction accounts.

With an Everyday Account, you can make unlimited² everyday Commonwealth Bank transactions  without paying any withdrawal or monthly account fees. This account gives you everything you need in an Everyday Account. You can also simplify your banking by having your salary credited directly into this account and your home loan repayments automatically debited.

Find out more about our Everyday Account option.

A Credit Card with no annual fee

With a Commonwealth Bank Awards or Gold Credit Card, you’ll be able to deal with any expenses that may crop up during the buying and moving process.

Apply for a Commonwealth Bank Awards or Gold Credit Card at the same time as the Economiser Home Loan, and we'll waive the credit card’s annual fee for the first year saving you up to $114.

Find out more about our Credit Cards with no annual fee.

Protect Your Assets

We understand the time and effort involved in purchasing your home. To make the process easier let us help you to make the right decisions on how to best protect the assets in your home with our Home Insurance, Loan Protection Insurance and Life Insurance options³.

It is after all, one of the biggest purchases you may ever make, so have peace of mind knowing you’ve purchased your home with the security of our insurance options.

Find out more about Protecting Your Assets.

 

To find out more about how our Add ons could benefit you, simply phone 13 2224 or email our loan experts.

 

Important Information 

• 1. We act as an agent for Vero Insurance Limited to provide Deposit Guarantees. Vero Insurance issues Deposit Guarantees under the registered trademark ‘Deposit Power’. We receive commission for each Deposit Guarantee we sell. You can only apply for a Deposit Guarantee after you have unconditional loan approval (only subject to valuation).
• 2. Excludes non-Commonwealth Bank ATMs here and overseas, transfer group payments to third parties, International Money Transfers and separate services such as bank cheques, periodic payments and transfers/deposits to other banks.
• 3. Insurance refers to products offered by Commonwealth Insurance Limited ABN 96 067 524 216 (CIL) and The Colonial Mutual Life Association Society limited ABN 12 004 021 809 (CMLA) both wholly owned but non-guaranteed subsidiaries of the Commonwealth Bank of Australia. The issuer and insurer of Home Insurance is CIL and the Commonwealth Bank of Australia is the arranger of the insurance, Loan Protection and Life Insurance is offered by CMLA. The Commonwealth Bank of Australia and its subsidiaries (excluding CIL and CMLA) do not guarantee the obligations or performance of CIL or CMLA or the products they offer. Where the Commonwealth Bank of Australia acts as an agent for CIL or CMLA, the Commonwealth Bank receives a commission from CIL or CMLA respectively. Applications for Loan Protection are subject to assessment and the settlement and funding of your loan or establishment of your line of credit facility. Product Disclosure Statements (PDSs) are available for these products by calling 13 24 23, visiting commbank.com.au or from any branch of the Commonwealth Bank. The PDS should be considered before making any decisions about these products.
  
• As this advice has been prepared without considering your objectives, financial situation or needs, you should before acting on this advice, consider its appropriateness to your circumstances. Terms and conditions for Everyday Account are available on request. If you have a complaint, the Bank’s dispute resolution process can be accessed on 13 2221.
  Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Other fees and charges are payable.