Help us improve our website by completing a quick survey. Start survey now

Relationship Balance

What is Relationship Balance?

If a customer has a total of $50,000 or more in their eligible contributing accounts that they own either individually or jointly, we will waive the monthly account fee (MAF) and/or withdrawal fee (WF), on eligible transaction, savings and investment accounts which are in an individual or joint name.

How do I benefit from the Relationship Balance?

Customers who maintain a combined Relationship Balance of $50,000 or more in contributing accounts, will receive a monthly account fee exemption.


Note - Exemptions do not apply to:

- Non CBA ATM fees

- Exception Fees - eg Overdrawing approval fee

- Maestro and Cirrus access charges

- Fees for common banking Services.


Eligible contributing accounts are:

- Accelerator Cash Account

- AwardSaver Account

- Cash Investment Account

- Cash Management Call Account

- Complete Access

- Commonwealth Direct Investment Account

- Farm Management Deposit

- GoalSaver Account

- NetBank Saver

- Passbook Savings Account

- Pensioner Security Account

- Private Banking Account

- Savings Investment Account

- Smart Access

- Streamline Account

- VLOC

- Term Deposit

What accounts are eligible for Relationship Balance exemption?

The accounts listed below are exempt from Monthly account Fees and Withdrawal fees:

 

Exempt from Monthly Account Fees and Withdrawal fees:

- Cash Management Call Account

- Commonwealth Direct Investment Account

- Complete Access

- Smart Access

- Streamline

- Passbook Savings Account

- Savings Investment Account

Exempt from Monthly Account Fees only:

- Cash Investment Account

 

Exempt from Withdrawal fees only:

- Pensioner Security Account

 

When is the Relationship Balance calculated?

The Relationship Balance is automatically calculated on the 2nd last day of each month. If the total amount in the eligible contributing accounts falls below $50,000 at the time the Relationship Balance is calculated, the MAF and/or WF will not be waived on eligible transaction, savings and investment accounts which are in an individual or joint name.

Loading…