“In recent weeks, we’ve updated Benefits finder with state-specific special disaster assistance grants for flood-impacted businesses. This is in addition to CBA’s Emergency Assistance, and the aim is to help those impacted customers find the right support more quickly. Every business has different needs and Benefits finder helps them access support more quickly to, ultimately, put more money back into their business,” said Ms Morgan.
Benefits finder is regularly updated with new benefits and rebates and has had more than 145 business-specific benefits and rebates added since it was expanded for businesses in June 2021. In total, Benefits finder has helped CBA retail and business customers commence more than 1.8 million claims and save more than $500 million since launch in September 2019.
Top business benefits claimed from June to December 2021:
- NSW Covid Business Support Grant
- Skill Finder business courses
- Youth Jobs Path
- New Enterprise Incentive Scheme
- Small business fees & charges rebate
Helping to support NSW Small Business month this March, Benefits finder includes more than 40 benefits for NSW businesses, including benefits from the recently announced NSW State Government support package. The majority of claims started via Benefits finder for COVID benefits between June to December 2021 were by NSW businesses, with the NSW 2021 Covid Business Grant (2,369 claims) and the 2021 NSW Micro Business Support Grant (1,476 claims) being most popular.
For flood-impacted customers, further information about CBA’s Emergency Assistance and links to other support can be found at commbank.com.au/emergencyassistance.
For more information about the Benefits finder feature visit www.commbank.com.au/digital-banking/benefits-finder
About Benefits Finder:
- Benefits finder currently has more than 320 benefits and rebates available for both personal and business customers to claim. Additional benefits and rebates are continually being added into the digital feature.
- Benefits finder can be accessed via the CommBank app and NetBank. Customers are asked to answer five simple questions, with answers determining what benefits or rebates they may be eligible to claim. The feature provides a simple overview of each eligible benefit or rebate, including how much they may be able to claim and the steps to apply before being directed to the relevant website to start the application.
- The Benefits finder feature was developed as part of the ongoing collaboration between CBA and Harvard University’s STAR (Sustainability, Transparency and Accountability Research) Lab. Find out more at www.commbank.com.au/digital-banking/benefits-finder