1$500 Small Business Credit: Offer available from 14 October 2020 - 30 November 2020. To be eligible for this offer you must sign up to Backr and via Backr register an ABN; and a business name; and complete a business plan by 30 November 2020. You must also open a CommBank Business Transaction Account, by 30 November 2020 and complete either one digital login and sign up to a merchant plan; or complete one digital login and five outgoing transactions4. Either option needs to be completed in the first 56 days of account opening or by 31 January 2021 (whichever occurs first). $500 will be credited to your Commonwealth Bank Business Transaction Account only, within four weeks of completing all the above criteria. This offer is limited to one $500 credit per person, per business.
2The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF). Terms, conditions, fees and charges apply to Business Transaction Accounts. Read the Terms and Conditions for Business Transaction and Savings Accounts and consider whether this product is right for you.
3Read the Terms and Conditions for Merchant Plans and consider whether this is product is appropriate for you.
4Outgoing transactions include; purchases, direct debits, bill payments, transfers to non-related bank accounts, ATM withdrawals and instant deposit ATM withdrawals.
5The Bank does not charge for the alerts service, but you may incur message and data charges from your telecommunications service provider. Alerts are sent in real-time 24/7. Delivery of alerts may be delayed for various reasons, including service outages affecting your phone, wireless or internet provider; technology failures; and system capacity limitations. Please check your balance before entering into any transactions. Alerts may be suspended by the Bank at any time without notice.
6Excludes non-Commonwealth Bank ATMs here and all ATMs overseas, EFTPOS transactions overseas, transfer group payments to third parties, international money transfers, CommBiz and NetBank service fees and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. Wholesale relationship managed customers may be notified at any time that their account is subject to transaction fees on electronic transactions and Commonwealth ATM cash withdrawals.