When will the product launch?
We’re working on building the right customer experience for this product and are aiming to launch later this year. You can stay in the loop by registering to learn more through our form.
What is Buy Now, Pay Later?
Buy Now, Pay Later products offer you the ability to split up purchases into instalments so you can pay them off over time. You'll be able to split purchases over $100 into four fortnightly repayments. Your smaller purchases will come out of your linked CommBank account in one go.
Who will be eligible for the product?
We’ll be offering our Buy Now, Pay Later product to CommBank customers who meet our eligibility criteria and who satisfy credit assessments.
Where will I be able to use this product?
Since it’s a digital card, you’ll be able to make your payments wherever Mastercard is accepted, online and in-store. This means you can break up all sorts of purchases over $100 into four instalments – clothing, utility bills, that much needed getaway accommodation or the unexpected trip to the physio.
Will I have to pay fees or interest?
You won’t need to pay any account fees or interest. If you miss an instalment payment, a late fee will apply but there will be caps in place to minimise the amount of additional fees charged. Fees and charges may apply to your linked CommBank account.
Apple, the Apple logo, Apple Pay, Apple Watch, Face ID, iPhone and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.