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Banking / Joint accounts

Keep track. Together.

Making your day-to-day easier

Whether it’s a joint Everyday account or savings account, merging your money can help you to:

  • Have better visibility of your collective spending and saving
  • Manage bills and expenses
  • Reach savings and financial goals together
  • Save time - no need to transfer money between separate bank accounts

Making it work

First, agree on the basics:

  • How much and how often you’ll each contribute into your joint account
  • What you’ll use the account for e.g. paying bills or covering rent, as an emergency fund or saving for a goal like a joint holiday
  • If you need to set a spending limit each month
  • How you want to use your joint account e.g. one person or both to sign to approve transactions
  • Whether you’ll each keep separate bank accounts too

Wondering if a joint account is right for you? This article may help you to decide

Our everyday joint account & Debit Mastercard

Two Debit Mastercards

Our Smart Access account can come with two Debit Mastercards – one for each of you. Making it easy to shop, pay bills, withdraw cash and transfer money to and from your linked savings account at an ATM plus more.

Pay no monthly account fee

The monthly account fee for the Smart Access account 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 other criteria.1

Here’s more on our Smart Access account rates & fees

These are fee-free

  • Purchasing items in Australia using your Debit Mastercard
  • Transfers between accounts
  • BPAY and other electronic payments including PayID payments
  • Withdrawals from CommBank ATMs

How to apply for a joint everyday Smart Access account

You can apply if you’re both:

  • 14 or over
  • Opening the joint account in your personal names (no Company, Trading or Trust accounts)
  • Have an Australian residential address

 

Neither of you bank with us?

  1. We recommend having at least one of the following ID handy – Medicare card, Driver’s licence, Passport, Birth certificate
  2. Apply online – make sure your info matches what’s on your ID
  3. Complete online ID check 
  4. Download the CommBank app to use Cardless Cash while you both wait for your Debit Mastercards to arrive (takes up to 5 business days)

Open online

Already bank with us?

If one or both of you bank with us

  1. Apply online in NetBank or the CommBank app
  2. Use Cardless Cash while you both wait for your Debit Mastercards to arrive (takes up to 5 business days)

Open online in NetBank

Support to keep your spending on track

Know exactly how much money is in your account, what’s going out and when.

Our feature-packed, award-winning CommBank app helps you keep track.

  • Spend Tracker: Automatically categorises your transactions so you know what you’re spending your money on and where you can cut back. 
  • Transaction Notifications: Turn them on to receive an instant alert when you pay from, or get paid to, your joint everyday account. 
  • Lock, Block, Alert: Choose to lock online, contactless or in-store international payments on your Debit Mastercard (no impact to your joint account holder’s card), if you’re not regularly shopping online or travelling overseas. Securely lock & unlock your Debit Mastercard
Couple outside

Start saving together too

Whether you’re saving for a holiday, car or a new home, combining your savings can make sense.

You can open any of our savings accounts with someone else, as long as you have an existing joint account together with us. 

  • NetBank Saver: An online savings account with the flexibility to move money in and out of your linked Smart Access account using NetBank or the CommBank app
  • Goalsaver: A savings account that rewards you with bonus interest2 when you deposit at least $200 and make no withdrawals per calendar month
  • Term Deposits: Savings you lock away at a fixed rate, for a set period of time

To open a joint account for the first time or with someone new please visit your nearest branch together. 

Explore our savings accounts

If the unexpected happens

The end of a partnership can be tough, and handling the financial matters might be challenging. Here’s some info that may help you if you’re faced with this situation. 

We can help

Things you should know

1 Monthly account fee waived for accounts with at least $2,000 deposited each calendar month and 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 part of a wealth package or are reliant on over the counter services because of a disability.

2 Bonus interest doesn’t apply on balances of $1m and more

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. Fees may apply.