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  • Commonwealth Bank Smart Access

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    • BankWest, Commonwealth

    • MasterCard Debit or
      EFTPOS

    Fees

    Account fee
    $4.00
    Account fee waiver
    If monthly deposit of at least $2000
    Free transactions per month
    Unlimited free transactions from internet, phone, EFTPOS, network ATM and branch deposits.
    Network ATM fee
    $0.00
    ATM networks
    BankWest, Commonwealth
    Other bank ATM fee
    $0.00
    Over the counter deposit fee
    $0.00
    Over the counter withdrawal fee
    $2.00
    Eftpos fee
    $0.00
    Phone fee
    $0.00
    Internet fee
    $0.00
    Cheque fee
    $1.00
    Overseas ATM fees
    $5.00
    Foreign exchange commission
    3.00%

    Rates

    Rates
    Balances from $0: 0.01%pa.
    Balances from $50,000: 0.05%pa.
    Balances from $100,000: 0.20%pa
    Special Rates
    none
    Special rate conditions
    none

    Features

    Daily atm withdrawal limit
    $1,000.00
    Eftpos card
    yes
    Mastercard debit card
    yes
    Visa debit card
    no
    Branch access
    No
    Cheque book
    yes
    BPAY
    yes
    Australia post banking
    yes
    Other restrictions
    none
    Other benefits
    if you are 21 to 24 years old you will be exempt of monthly fee if you deposit $1000 per month

    Other financial bits

    Minimum opening deposit
    $0.00
    Minimum balance
    $0.00

    About Commonwealth Bank

    The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

    How are Commonwealth Bank bank accounts rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Commonwealth Bank bank accounts 6.8 Based on 579
    Commonwealth Bank bank account reviews
    6.1 5.7 7.0 7.9 7.0

    Read Commonwealth Bank bank account reviews by the Mozo community

    Latest reviews of Commonwealth Bank

      • Commonwealth Bank Smart Access

        Commonwealth Bank Streamline e-Access

        Show Fees

        Flexibility of credit card without the credit woes

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        I love my Commonwealth debit card because it allows me to shop online using my own money. I am terrified of having a credit card because I know I will keep using it until it is overdrawn and never be able to pay it back. This way I have the conven...       Full review 

        I love my Commonwealth debit card because it allows me to shop online using my own money. I am terrified of having a credit card because I know I will keep using it until it is overdrawn and never be able to pay it back. This way I have the convenience of a credit card but the restraint of my own finances. The thing I hate about it is that I live in a small town and there is no commonwealth bank ATM here and the supermarket only allows $50 cash out, so for larger sums I either have to pay the $2.50 it costs to use a non-commonwealth bank ATM or take it out in $50 increments.


          1. Price
          1. Features
          1. Service
          1. Convenience
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        Commonwealth Bank debit card review by Susie from Queensland

        Was this review helpful?

        Yes
      • Commonwealth Bank Smart Access

        Commonwealth Bank Student Smart Access

        Show Fees

        great customer service

          1. Overall customer rating
          2. (Reviewed 12 days ago)

        Reliable, great service!       Full review 

        Reliable, great service!


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
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        Commonwealth Bank bank account review by Jess from Queensland

        Was this review helpful?

        Yes
      • Commonwealth Bank Smart Access

        Commonwealth Bank Streamline e-Access

        Show Fees

        All banks charge too much

          1. Overall customer rating
          2. (Reviewed 13 days ago)

        When you have a Direct debit come out of this debit card it takes up to five days to clear, even though you can see the funds are there the whole time!       Full review 

        When you have a Direct debit come out of this debit card it takes up to five days to clear, even though you can see the funds are there the whole time!


          1. Price
          1. Features
          1. Service
          1. Convenience
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        Commonwealth Bank debit card review by Wendy from Queensland

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        Yes
      • Commonwealth Bank Smart Access

        Commonwealth Bank Student Smart Access

        Show Fees

        great customer service

          1. Overall customer rating
          2. (Reviewed 13 days ago)

        This account is easy to use and the online statements are easy to understand. If I have a problem or an inquiry the staff are great, they are so helpful and explain everything so easily.       Full review 

        This account is easy to use and the online statements are easy to understand. If I have a problem or an inquiry the staff are great, they are so helpful and explain everything so easily.


          1. Price
          1. Features
          1. Service
          1. Convenience
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        Less
        Commonwealth Bank bank account review by Belinda from Victoria

        Was this review helpful?

        Yes

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