Access great offers with CommBank Yello

With CommBank Yello, you could be recognised with discounts, cashbacks and exclusive offers when you make 5+ eligible transactions each month from your Smart Access account.*

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Here's what you get

  • A better everyday bank account
    • Access to personalised tools and features with the CommBank app
    • No monthly account fee if you deposit $2,000 each month or are under 30 or meet other conditions1
    • Includes a physical and digital Debit Mastercard
    • Get paid into this account
    • Pay bills & friends
    • Shop online and in-store and overseas
    • Send and receive money from overseas
    • Add your Debit Mastercard to your Apple Pay, Google Pay or Samsung Pay mobile or wearable
    • An account for you or with someone else
    • Pay your friends in real-time with PayID
  • Smarter digital banking tools

    • Bill Sense3  - Manage and predict your future bills and regular payments
    • Spend Tracker - Track and categorise your spending
    • Category Budgets - Create smart budgets in an instant
    • Lock & unlock your Debit Mastercard - For online, contactless or in-store payment security
    • We’ll protect you from losses due to unauthorised transactions on personal and business accounts when you take the necessary steps to stay safe online.
    • Added security of real-time transaction notifications
    • PayTo - An easier way to manage payments directly from your account
  • Extra everyday benefits and rewards

    • Cashback2 on your favourite brands with shopping offers
    • Exclusive offers tailored to you
    • Save on your bills with telco and electricity partner offers
    • Link a NetBank Saver account and get great interest rates on your savings
  • Support to manage your financial future

    • Cash Flow View helps you stay in control
    • Goal Tracker helps you set and reach your savings goals
    • Start investing in your future with as little as $50, by opening a CommSec Pocket account
    • Keep track of your credit score in the CommBank app

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Why choose a Smart Access account? 

CommBank app awards

Better everyday banking

Easily manage your money with the support of our smarter digital banking tools - all in the CommBank app.

Unlock everyday rewards

We reward you with cashback and offers tailored to you when you spend at popular brands with CommBank Yello Cashback Offers.2

Earn interest on your savings

Earn great interest rates on your savings when you link a NetBank Saver account.

Support to manage your financial future

Stay in control of your money with our automated tools, set savings goals and start investing in your future. 

Pay using your Debit Mastercard

Get a Debit Mastercard when you open a Smart Access account online.

Use it for ATM withdrawals and purchases worldwide, online or over the phone, using your card, smartphone or wearable. 

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Debit Mastercard

Fees & rates

  • Monthly fee

    $4 or $0; the fee will be waived if:

    • You deposit at least $2,000 per month (excludes Bank-initiated transactions), or
    • You’re under 30 years of age, or
    • You meet other criteria1
  • $0 ATM withdrawal fee

    Fee-free withdrawals at many ATMs across Australia, including those of other major banks.4

  • Charges apply for International transactions 

    See all rates and fees for overseas transactions.5

  • Interest rate

    This account doesn't earn interest. To earn interest on your savings, you can easily open an online savings account linked to your CommBank bank account when opening your account, or at a later date.

  • Overdraw fee

    $15 fee may apply when on a given day, certain payments go through which exceed the then available funds in your account or any agreed overdraft limit. You can only incur one overdraw fee per account per day, regardless of the number of transactions or payments you make on that day.6

    You can avoid this fee by switching off the overdraw feature. Simply log on to the CommBank app or NetBank and opt out via the overdrawing preferences located in account settings. You can also give us a call or visit your nearest branch.

  • Dishonour fee

    $5 fee may apply if there are insufficient available funds to make your scheduled payment. We will only charge this fee after 5 unsuccessful attempts over 5 days7, giving you time to top up your account balance.

    You can avoid this fee by ensuring you have sufficient funds available within the 5 days and by checking your balance regularly to ensure you have sufficient funds.

How to apply

Open your bank account in just a few minutes.

Open an account

New to CommBank?

  • Fill in our short application form
  • We'll quickly verify your identity online and your account will be ready to use instantly

Already bank with us?

  • Apply through the CommBank app or NetBank
  • We’ve pre-filled parts of the form to make it faster

Who can apply?

  • You can apply if you:

    • Are at least 14 years old (for under 14s, see our Smart Access Account for Youth). If you’re applying for a joint account, both applicants need to be at least 18.
    • Have an Australian residential address. If you're applying from overseas, see our Moving to Australia section
    • Are opening the account in your personal names (no Company, Trading or Trust accounts - see business accounts). To open a trust account, please apply at any branch.

Frequently asked questions

Once we’ve verified your identity, you can start banking straight away.

You'll need to complete your ID verification within 20 days of opening your account, or your account may automatically close. If you miss this timing, you can reapply at any CommBank branch.

While your Debit Mastercard is on its way to you, download the CommBank app or log on to NetBank to:

  • Withdraw money from CommBank ATMs using Cardless Cash10
  • Pay friends using just their mobile number11

Have your Australian driver’s licence, Proof of Age card (issued by an Australian state or territory), passport, Medicare card, or Australian birth certificate handy.

Having more than one form of ID will improve your chances of passing the online ID check. 

You can complete your ID check in-branch too – you’ll just need to bring these documents.

Each time you open an account that may pay interest, we give you the option to provide your TFN, ABN or TFN Exemption.

You don't have to provide these, but if the account earns interest, CommBank is legally required to withhold tax from any interest earned above a certain threshold.

We’ll also ask you about your tax residency (a Government requirement). 

Awarded Australia’s best digital banking

Canstar - Bank of the year (Digital Banking).

Canstar award logo

Things you should know

  • * Ongoing eligibility conditions apply – see CommBank Yello page for full terms and conditions. 

    1 Monthly account fee waived for accounts with at least $2,000 deposited each calendar month (excludes Bank initiated transactions). A monthly account fee waiver will also apply if you’re under 30 years of age. You may also be eligible for a different monthly account fee exemption if you have an aged, disability or war veterans’ pension deposited in your account, have a balance of $50,000 or more in eligible contributing accounts, are reliant on over the counter services because of a disability or have an eligible home loan. Find out more about rates and fees.

    2The CommBank Yello Cashback Offers program (‘CommBank Yello Cashback Offers’) rewards you with cashback after you activate (where required) an offer presented to you via the CommBank app and you make a purchase in accordance with the Terms and Conditions of that offer. Cashback is typically received within 14 business days of a qualifying purchase, but in some cases may take longer. If you are not already enrolled, you can enrol if you are at least 18 years old, hold an eligible CommBank credit Mastercard or debit Mastercard, Business credit Mastercard or StepPay digital card, and meet the ‘Base eligibility criteria’ in the ‘CommBank Yello Terms and Conditions’ (latest version available on our website at (‘CommBank Yello’). Your participation in CommBank Yello Cashback Offers is governed by the full Terms and Conditions available in the CommBank app.

    3 We predict your bills based on patterns in your transactions, how much you pay and when. We may not predict all of your bills. Our prediction date and amounts may be different from your actual bill. Check your bills and due dates to avoid late fees or paying an incorrect amount. See 'Bills and payments' in the CommBank app Terms and Conditions for full details.

    4 Independent ATM providers may charge a withdrawal fee.

    5 This includes purchases made in Australia (for example online), where the merchant is located overseas or the financial institution or entity processing the transaction is located overseas.

    6 The overdraw fee is usually charged the next calendar day.

    The account can be overdrawn to cover any accidental or unplanned shortfall in funds to meet a payment. This feature is only available for customers over 18. Customers can also set up Overdrawn Account alerts via NetBank or the CommBank App. These alerts are sent as CommBank App push notifications or SMS.

    7 Attempts will generally be on consecutive business days. For NetBank scheduled payments, we will aim to make the first attempt on the day your scheduled payment is due, and another 4 attempts on subsequent business days.

    8 Cardless cash is available from any CommBank ATM. Withdrawals are limited to a total of $500 per day. CommBank app, NetBank, NetCode and account access required. Full conditions on app.

    9 The recipient needs to have an Australian bank account (with BSB and account number) and have an active mobile phone number.

    The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. Find out about the minimum operating system requirements on the CommBank app page. Terms and conditions are available in the app. NetBank access with NetCode SMS is required.

    The target market for this product will be found within the product's Target Market Determination, available at

    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). Full terms and conditions for the transaction and savings accounts (PDF)  mentioned and Electronic Banking (PDF) are available here or from any branch of the Commonwealth Bank.

    Electronic transactions can be made via Commonwealth Bank ATMs and Bankwest ATMs, online with NetBank, via telephone banking or EFTPOS in Australia.

    Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated.

    Apple, the Apple logo, Apple Pay, Apple Watch, MacBook Pro, iPad and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries.