Transaction accounts

Everyday Account

Need an everyday bank account with easy access to your cash? Our Everyday Account is a great choice if you want an easy-to-use transaction account. And if you’re a student or apprentice, or aged under 21 years, you don’t pay withdrawal or monthly account fees.

• Get unlimited electronic transactions*
• Access your cash when you need it with Australia’s largest bank ATM network
• Schedule bill payments and check your account balance 24/7 through NetBank, Mobile Banking and Telephone Banking.
• Choose between a Debit MasterCard or a Keycard to access your account.

More info

Debit MasterCard^®

Do you want the convenience of a MasterCard without the hassle of being in debt? Then the Debit MasterCard may be the perfect debit card for you. It works similar to a credit card, but uses funds from your account, which means you’re only ever spending your own money while enjoying the flexibility of a credit card. No more worries about needing a credit card to shop online.

• Shop online anytime
• Use it at 29 million locations worldwide, anywhere MasterCard is accepted
• Unlimited ATM and EFTPOS transactions with an Everyday Account
• Access your account with NetBank and Mobile Banking, and the largest ATM network of any bank in Australia

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Personal overdraft

No matter how careful you are with your money, unexpected circumstances sometimes arise that can leave you struggling financially. It can give you peace of mind to know you’ve got a safety net should an emergency arise.

With a personal overdraft facility, you can feel assured that extra funds are available if and when you need them, but you only pay interest on money you actually use.

• No establishment fee
• Competitive interest rate
• Access to the overdraft facility 24/7 through your transaction account

More info

• Important information
  

  
  * Excludes non-Commonwealth Bank ATMs here and all ATMs overseas, EFTPOS transactions overseas (or purchases involving currency conversion), transfer group payments to third parties, International Money Transfers and separate services such as bank cheques, periodic payments and transfers/deposits to other banks.
  
  The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 68KB). Full terms and conditions of accounts mentioned or electronic banking are available here or from any branch of the Commonwealth Bank. Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Fees and charges are payable.