You’ll need to update your browser so you can continue to log on to your online banking from 28th February. Update now.

Close

Article

Top money tips for your road trip

Top money tips for your road trip

With a bit of smart forward planning, road trips don't have to cost a lot, no matter where you're driving to.

Whether it’s a family holiday to Port Macquarie or a gourmand's getaway to Margaret River, the time-tested tradition of road trips are a great way to see the amazing locations that Australia has to offer.

And with a little bit of smart planning, they’re also a way to take a break without having to spend too much money. Here are some tips that can help you keep costs down.

Set a budget

Think about your major costs such as servicing or hiring a car, accommodation, fuel and food. From your budget you’ll have a good idea of how much you will need to save before setting off. Make sure the budget is realistic so you can stick to it.

Our Budget Planner can be a great place to start with this.

Timing is everything

Think carefully about when you’re setting off. If you don’t have kids, travelling outside of school holidays will likely mean quieter roads and lower accommodation costs.

If you do have to travel in school holidays, book early to try and get the best deal. It’s also a good idea to think about how the weather is likely to impact your trip. Driving in the middle of summer can mean good beach days but may also mean a lot more air conditioning.

Pay for a car service and insurance

Getting your car serviced and taking out comprehensive car insurance are two costs that could save you a lot further down the track should something happen. Knowing your vehicle is in tip-top condition will help ease you into the relaxed holiday state of mind, so get your tyres, the engine, oil, water and everything else checked and/or replaced.

Factor in fluctuating fuel prices

Fuel will be one of your biggest costs while on the road – and its price can be very difficult to predict. Budget for fuel prices increasing a couple of cents per litre so you know that no matter what happens you’ll always be able to get to your next destination. 

Plan your eating

While you’re on the road you may not have access to much in the way of cooking facilities. It’s easy to grab food on the go as you travel, but this can also become expensive.

Planning your meals in advance and making your food where possible can help you save. Make sure to buy snacks from supermarkets as you go so you can stave off hunger between meals without splashing out.

Avoid tolls

Tolls won’t be the most expensive cost you encounter while you’re on the road, but they can add up. Take a look at your route to see if you’ll be going through any tolls. If you are, is there an alternative route?

Sometimes the “scenic route” can be just that, and not a euphemism for taking an impractical road or even getting lost.

CommBank emergency details

  • Lock, Block, Limit your CommBank credit card or lock your Travel Money Card for added security
  • Cancel and order replacement CommBank cards in NetBank or the CommBank app
  • Call us 24/7 on +61 2 9999 3283 to report lost or stolen CommBank cards
  • Call Allianz Global Assistance 24/7 on +61 7 3305 7499 if you’ve got travel insurance included with the your credit card or a separate CBA Travel Insurance policy and want to make a claim.

This article is intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice.