Features & benefits

Forget your monthly account fee

We’ll waive the $4 fee for your Smart Access bank account if you deposit at least $2,000 a month.1 See all rates, fees and fee exemptions.

Award winning mobile & online banking

Our CommBank app and NetBank (Australia's #1 online bank), enable you to check your balance, pay bills, schedule payments, manage your account, activate cards, use Cardless Cash and more.

Stay in control of your money

Spend Tracker in the CommBank app automatically categorises every card transaction, so you can see exactly where your money is going. Notice the impact your spending choices have on your everyday finances.

Fees & rates

Fees & rates
Monthly fee
The fee will be waived if you deposit at least $2,000 per month (or $1,000 if you're aged 21 to 24). The waiver will also apply if you're on Student Options, under 21, or you meet certain other criteria 1
ATM fee withdrawal fee
 From CommBank and Bankwest ATMs in Australia
Other fees
International transactions
Assisted withdrawals in branch or over the phone
Cheques written by you

See all rates and fees
Interest rate
This account doesn't earn any interest

Open your account in under 5 mins

1. Complete our short application form

  • Already bank with us? We'll pre-fill the info you've already told us so it's speedier
  • New to CommBank? We'll ask for info like your full name, home address and contact details then ask you to create a password so you can bank online in NetBank


2. New to CommBank? We'll quickly check your ID online

Have your Australian driver’s licence, Medicare card, passport or Australian birth certificate handy. You can pass with one, but having more than one may improve your chances of passing. You can complete your ID check in branch too.

3. Download the CommBank app or log on to NetBank

Start banking straight away. While your Debit Mastercard is on its way to you, download the app or log on to NetBank to: 

  • Withdraw money from CommBank ATMs using Cardless Cash
  • Shop using your mobile with Tap & Pay
  • Pay friends using just their mobile number3

4. When your Debit Mastercard arrives

You’ll need to activate it and set a PIN first in the CommBank app or NetBank. While you’re waiting for your card, you can use Cardless Cash from the CommBank app.

Open now

Who can apply?

You can apply if you:

  • Are aged 14 years and over (for under 14s, see our Smart Access Account for Youth)
  • Have an Australian residential address. If you're applying from overseas or have recently arrived in Australia, 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
  • Have a Tax File Number (TFN) or TFN Exemption. You don't have to provide your TFN, but if you don't CommBank is legally required to deduct tax from any interest earned on the account above a certain threshold
  • Thinking of switching to CommBank? Our free online switching tool helps you move regular payments – like your salary and bills –  to your new account

Things you should know

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 for the transaction and savings accounts (PDF | 660KB)  mentioned and Electronic Banking are available here or from any branch of the Commonwealth Bank.

 Monthly account fee waived for accounts opened after 1 June 2010 with at least $2,000 deposited each calendar month and from 17 October 2011, if you are 21 to 24 years old you will be exempt from monthly account fees if you deposit at least $1000 into the account each calendar month (excludes Bank initiated transactions). A monthly account fee waiver will also apply if you’re under 21 years of age, or you’re a full-time or part-time tertiary student at an Australian educational institution or undertaking an Australian Apprenticeship on Student Options. 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.

 Limit of $500 in without a card withdrawals per day from over 3,000 CommBank ATMs. CommBank app, NetBank, NetCode and account access required. Full conditions on app.

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

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.