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For more information about monthly account fees, please refer to the terms and conditions of our Transaction, Savings and Investment Accounts.
No ATM withdrawal fees with the largest branch and ATM network in Australia
ATM owners may charge a fee, which will be disclosed at the time of the transaction. If you proceed with the transaction, the ATM owner’s fee will be debited to your account (in addition to the withdrawal amount, if applicable). You should check the ATM owner’s fees that apply carefully before completing transactions at non-CommBank ATMs in Australia.
Cheques/Direct debit can be dishonoured (not paid) because there are insufficient cleared funds in the account to cover the amount of the cheque/direct debit being processed.
$5.00 for each cheque/direct debit.
An overdraw fee applies to certain accounts when on a given day, certain payments go through which exceed the then available funds in your account or any agreed overdraft limit.
$15.002.
Additional interest applies for each day your account remains overdrawn.
14.90% p.a.
Take a look at the interest rates on our transaction, savings and investment accounts.
Check the terms and conditions of our transaction, Savings and investment Accounts.
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.
1 Monthly account fee waived for accounts with at least $2,000 deposited each calendar month (excludes Bank initiated transactions). A monthly account fee waiver will also apply if you’re under 30 years of age. 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.
2 You can only incur one overdraw fee, per account, per day regardless of the number of overdrawing transactions or payments that go through in that day. The fee is usually charged the next business day.