Account options

Our everyday bank accounts feature benefits designed for people moving to Australia. Why not organise your banking before you get on the plane? It only takes 5 minutes.

Everyday Account Smart Access 


A bank account for day-to-day living with the award-winning CommBank app1 to help you easily stay on track and in control of your money. $0 monthly account fee2 for the first year.

Everyday Account Smart Access for students


Enjoy convenient student banking with a transaction account for the money you use day-to-day. Your student account comes with $0 monthly fee for the duration of your studies.3

You have opened your account – what next?

Send money to your new CommBank account

You can transfer money into your new Australian account straight away. Before you can take money out of the account and have full access to NetBank and the CommBank app, you will need to have your ID checked in branch.

Banking in Australia

How to access your money
once you have arrived

Opened your Australian bank account and transferred money into it? Learn about what to do next and how to access your money when you need it.

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What should you know?

You do not need to wait until you arrive to start getting your banking organised. Here are some of the things you will need to know in order to manage your money.

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Ways to bank with us

No matter where you move to in Australia, you can do your banking wherever and whenever suits you. 

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Making the move

Make moving to Australia easier with our moving to Australia checklist.

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Things you should know

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 Full terms and conditions of the CommBank app are available on the app. The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. The CommBank app is available on Android operating systems 4.1+ and iOS operating system 8.0+. NetBank access with NetCode SMS is required.

2 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. 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. Find out more about rates and fees.

3 Monthly account fee waived once you show us suitable student identification in branch. Student discounts apply if you are a tertiary student at an educational institution located in Australia or are undertaking an Australian Apprenticeship.