A full life can feel like a balancing act. Carving out the time and energy for work, relationships, family, health, spirituality, adventure and community is rewarding, but it’s a lot. And underpinning all of that are, of course, financial commitments.

Buy now, pay later when there’s a lot to balance

Some of these everyday costs you can plan for – car service, gym membership, insurance. Others are just for fun, like the revolving door of new plants for the house or a spontaneous night of after-work drinks. Then there’s the expenses that come up when you don’t expect, like a (big) parking ticket, a laptop needing repairs, or a regular bill blowing out. Wherever or whatever the costs, combined they can be a lot.

Finding balance often comes down to timing, and with buy now, pay later you can stagger these costs so they fit within your budget without having to miss out.

Using StepPay, CommBank’s new buy now, pay later product, you can make payments of $100 to $1000 and split them into four fortnightly instalments. Think of it as your go-to way to pay everyday. It takes 3 simple steps to set up, and you can use it anywhere that Mastercard® is accepted. Your StepPay account sits in your CommBank app, alongside all your other accounts and cards, so you can keep track of what you’re spending to help feel in control.

Track, budget & predict

Staying on top of your spending is key to keeping your budget balanced. And alongside StepPay, there are a number of automated tools in the CommBank app that can help you track, budget and predict.

  • Spend Tracker categorises every debit and credit card transaction, making it easier to see the impact your spending decisions have on your everyday finances.
  • Bill Sense predicts your bills based on patterns in your transactions, how much you pay and when. It helps you see how much you’ll need to cover bills each month – up to 12 months in advance.
  • And with Cash Flow View you get a complete picture of your income, spending and saving habits. And how you’re trending month-to-month.

More about StepPay

Learn more about StepPay, a new way to buy now, pay later wherever, on whatever

Discover StepPay

Things you should know

This article is intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice. You should consider seeking financial advice before making any decision based on this information. Applications are subject to credit approval. Full Conditions of Use will be included at point of application. Bank fees and charges may apply.

Bill Sense is available in CommBank app versions 4.8 or above. The Bill Sense terms and conditions are available within the CommBank app. 

The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. You should refer to your mobile phone plan or contact your provider to find out more. Terms and conditions are available on the CommBank app. NetBank access with NetCode SMS required. Find out about the minimum operating requirements on the CommBank app page.

Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.