Most of us have financial goals in mind, whether it’s saving up for an appliance, a car, or working towards buying an investment property or owning a home. 

With so much going on in our lives, sticking to a savings plan doesn’t always happen exactly as planned. With everyday costs and the unexpected ones often slowing your progress, one of the most helpful ways to stay on top of everything is to track it all in one place.

The security of everything in one place

For one reason or another, many of us end up with accounts, cards and repayments owing in all different locations. You’ve got different lenders, timelines and payment methods, and they’re typically accessed through different apps and interfaces.

Half the trick to feeling financially secure and keeping your budget and bigger picture savings goals on track is having all your finances visible in one place.

How StepPay is different

Unlike other buy now, pay later options you might be used to, StepPay, CommBank’s new buy now, pay later product will sit in your CommBank app and is easily accessible, giving you visibility over all your finances in one place. With StepPay you can make a purchase between $100 and $1000 and repay it over four, equal fortnightly instalments. And, you can make that purchase anywhere that Mastercard® is accepted. It takes three easy steps to set up, and all transactions, repayment schedules and account details for your StepPay account will be housed in a single place.  

If you’re an eligible CommBank customer, once you’re approved and activated, it’s simple to add StepPay to your digital wallet, use it to make purchases wherever on whatever you need, and track all those transactions in your CommBank app. And it works online and in-store. Giving you greater control and visibility over your finances, late fees with StepPay are also capped at a yearly maximum. 

Just one of the ways we’re helping customers make the most of their finances, between StepPay, CommBank Rewards and our upcoming partnership with Little Birdie, we’re helping to make sure you never have to miss out – from the latest deals to the purchases and experiences you have your eyes on.

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.

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.