Commonwealth Bank Smart Access everyday account

This is a transaction account for everyday spending that charges no account keeping fees if you're under 25, a student or if you deposit $2,000 a month.

With the Commonwealth Bank’s Smart Access everyday account you can withdraw money for free through one of the most extensive ATM networks in Australia. You'll get a linked debit MasterCard giving you the convenience of shopping in-store, online and over the phone. You can also track your spending 24/7 using the popular CommBank app.


Fee Free Deposit


Account keeping fee


ATM withdrawal fee


Overseas ATM withdrawal fee

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Product NameCommonwealth Bank Smart Access
Monthly account fee$4
Card accessMastercard
ATM Withdrawal Fee$0
International ATM Fee$5
International transaction fee3%
Monthly deposit required to waive account fee$2,000
Contactless PaymentsApple Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Review by

Alison Banney is the banking and investments editor at Finder. She has written about finance for more than 8 years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.

Expert review

The Smart Access account is designed to manage your everyday spending, pay bills and get paid. You can keep track of your spending with the CommBank app, which is the number 1 banking app in Australia. The app automatically groups your spending into different categories (for example entertainment and eating out) so you can get a better idea of where your money is going. You can also use the app to get cash out from eligible CBA ATMs without your debit card.

There is a $4 monthly account fee which can be waived if you’re under 25, a student or when you deposit $2,000 a month. This deposit requirement is quite high, so make sure you can realistically meet this before opening this account otherwise you’ll be charged the monthly fee.

You can access all CommBank ATMS in Australia and around the world for free, but there’s an international transaction fee of 3% applied when you make purchases overseas with the debit card and when you shop online from overseas retailers. If this is something you do quite often, there are debit cards that don’t charge this fee available.

Key features

$0 Monthly fees when you deposit $2,000 per month (other eligibility criteria can also apply)

You are charged a $4 monthly maintenance fee with this account. That fee is waived each month you are able to make a total of $2,000 in deposits. For individuals aged 21 to 24, you only need to deposit $1,000 to have the fee waived. For those under 21 or on Student Options that fee is also waived.

Linked Debit Mastercard

The account is linked to a debit Mastercard which can be used to make withdrawals and purchases using the balance in your account.

How to apply

If you find that the features of the Smart Access account provide you with all that you need to conduct your daily financial transactions, you can apply online.


Before proceeding, check that you are able to meet the eligibility requirements for this account:

  • Minimum age. This account is available for individuals aged 14 and over.
  • Residency requirements. You must have a valid Australian residential address. If you are moving to Australia or just recently arrived you can contact Commonwealth Bank to begin your application.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.


    Default Gravatar
    August 24, 2021

    Can you help me do cardless cash now?

      Avatarfinder Customer Care
      August 25, 2021

      Hi Brenda,

      To use CommBank’s Cardless Cash feature you’ll need a CommBank transaction account and the latest version of the CommBank app. Here are the steps to use Cardless Cash, which are mentioned on CommBank’s site:

      1. Log on to the CommBank app and choose ‘Get Cardless Cash’ from the menu on the left or from your favourites
      2. Choose your amount and CommBank will create an 8-digit Cash Code and Cash PIN 3. Use both numbers within 30 mins to withdraw cash from the ATM. If you don’t get there in time, your money will be returned to your account.

      You also have the option to share your code with someone you trust who will collect the cash for you. All you have to do is tap ‘Share Code’ and choose how to share your ‘Cash Code’.

      I hope this helps.


    Default Gravatar
    August 17, 2021

    Is it safe to buy from a stranger using cardless cash?

      Avatarfinder Customer Care
      August 19, 2021

      Hi Richard,

      Cardless Cash is a feature that allows you to withdraw cash from your own bank account without your debit card, using a secure PIN sent to you in your mobile banking app. You should never give this PIN to a stranger when using cash to make a purchase.


    Default Gravatar
    July 29, 2019

    What are ABN AND USI of smart access superannuation?

      Avatarfinder Customer Care
      July 30, 2019

      Hi Xiuhua,

      Thank you for getting in touch with Finder.

      If you’re looking for Commonwealth Bank of Australia’s ABN that is 48 123 123 124 AFSL and Australian credit licence 234945. The USI of your product is shown on your annual statement. If you’re not sure which product you have or can’t find it on your annual statement, please call the Commonwealth Bank of Australia between 8.30am and 6pm (Sydney time), Monday to Friday.

      I hope this helps.

      Thank you and have a wonderful day!


    Default Gravatar
    February 27, 2019

    I would like to open a joint account with more than two account holders. Is there an account that allows this and can it be set-up online? You can assume that at least some of the account holders will be new to Comm Bank.

      Avatarfinder Customer Care
      February 28, 2019

      Hi Dominic,

      Thank you for reaching out to Finder.

      You may refer to our list of joint bank accounts. This should be able to answer your questions as online applications are also available.

      Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” or “More” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before deciding on whether it is right for you. Hope this helps!


    Default Gravatar
    December 3, 2018

    A $4 fee is charged to a Smart Access account unless $2000 is deposited into that account per month, so is the fee still charged if $2000 is deposited, and also withdrawn? I have read nothing that states otherwise, e.g. the account must grow by $2000 per month, withdrawals must not exceed deposits etc.

      Avatarfinder Customer Care
      December 9, 2018

      Hi Peter,

      Thank you for getting in touch with finder.

      As per the Commonwealth Bank Smart Access Account official page at the Things you should know part, “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, or you’re a full-time or part-time tertiary student at an Australian educational institution or undertaking an Australian Apprenticeship on Student Options. 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.”

      Their page did not indicate if withdrawals affect the account keeping fee. It is best to contact Commbank directly if you are thinking to deposit $2000 and withdraw the same amount within the calendar month.

      I hope this helps.

      Please feel free to reach out to us if you have any other enquiries.

      Thank you and have a wonderful day!


Go to site