Commonwealth Bank Smart Access

Commonwealth Bank Smart Access

Fee Free Deposit


Account Keeping Fee


The CommBank Smart Access account is flexible with unlimited electronic transactions.

  • Unlimited free electronic transactions
  • No monthly account fee if you deposit at least $2,000 a month
  • Linked Debit Mastercard with PayPass
  • Access to Australia's most extensive ATM network

Product details

With the Commonwealth Bank’s Smart Access everyday you can withdraw money through one of the most extensive ATM networks in Australia. It comes with a linked debit Mastercard giving you the convenience of shopping in-store, online and over the phone.


You can use Tap & Pay to make contactless purchases with your compatible Android phone or purchase the PayTag for your Apple phone.

Product Name
Commonwealth Bank Smart Access
Monthly Account Fee
Debit Card Access
ATM Withdrawal Fee
Interest Rate p.a.
$0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $4 fee applies. Unlimited free withdrawals at CBA ATMs.
Joint Application
Fee Free Deposit p.m.
Overseas ATM Withdrawal Fee
Overseas Eftpos Fee
Phone Banking
Internet Banking

What are the features of the Commonwealth Bank Smart Access account?

The Commonwealth Bank Smart Access transaction account gives you a number of features to consider when comparing this account against other everyday accounts offered by Australian banks:

$0 Monthly fees when you deposit $2000 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 $2000 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.

Access to Australia's largest ATM network

Make withdrawals from over 4,000 CommBank or Bankwest ATMs across Australia without incurring any fees. Commbank has 950 branches across Australia.

No card? No worries

Commonwealth Bank’s app features Cardless Cash which allows you to make withdrawals from an ATM without having to use your debit Mastercard. There is a daily limit of $200 when you use this feature.

Withdrawing money overseas

Withdrawals made overseas at a Cirrus or Mastercard ATM will incur a $5 charge per transaction plus 3.00% of the transaction value.

Note that the owner of the ATM may also charge an additional fee.

Using your debit card

You can make EFTPOS purchases with the debit Mastercard or use it to pay for items online or over the phone.

Contactless payments using Tap and Pay

Tap and Pay allows you to make purchases of $100 or less at a Mastercard PayPass terminal without having to swipe your card or sign the receipt. You will need to have the CommBank app downloaded onto your iPhone or Android mobile device in order to take advantage of this feature.

You will also need to purchase a PayTag to place on your iPhone.

Pay friends and bills

The CommBank app also allows you to send money to friends and family using their mobile number, email, Facebook or bank account number. You can use online banking to make payments through BPAY.

International money transfers

You are allowed to use this account to make overseas money transfers. Click on this link to find out more.

Only available for personal accounts

The Smart Access is available for individual use only and cannot be opened for a company, business or trust.

Online banking through NetBank

Take advantage of one of the most advanced online banking platforms in Australia. NetBank lets you do all your banking online including playing bills, transferring money to friends and seeing the latest offers that apply to you.

Unlimited electronic transactions

You can electronically transfer money to loved ones and pay bills using BPAY.

$0 Optional personal overdraft

There is a $0 overdraft establishment fee if you choose to attach an overdraft to your account. You can also compare other CommBank products here.


  • Unlimited transactions online
  • Account keeping fee can be waived if $2000 is deposited in this account monthly
  • Free access to 4,000+ ATMs and 950 branches
  • Access to CommBank app and NetBank
  • Withdraw cash without your debit card with Cardless Cash
  • Tap and Pay on Android and iPhone (with PayTag)


  • Overseas ATM fees may apply
  • There is a 3% foreign currency transaction fee
  • Must deposit $2000 each month for the account keeping fee to be waived

How do I apply for the Commonwealth Bank Smart Access account online?

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.

Eligibility to 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.
  • Depository requirements. You are not asked to make an initial deposit, but in order to avoid the monthly fee you will need to meet the monthly deposit requirements.

Documentation for your online application

Once you have confirmed that you are eligible for this account, gather the following documentation before beginning to fill out your application to help ensure that all of the information you provide is accurate:

  • Tax file number. Providing your tax file number (TFN) or applicable exemption code is not mandatory, but it does assist in ensuring that the correct withholding tax is applied on interest earning accounts.
  • Identification. If you are new to CommBank, they will attempt to verify your identity online using your driver’s licence or passport. If not, you will need to visit a branch in order to have your identity verified before the account can be activated.

What happens after I've submitted the application online?

For existing CommBank customers who have access to their accounts online, the account will be opened instantly. If you are not already a customer, your details will first be confirmed before the information about your account is sent to you. At that time your debit Mastercard will be sent to the address you provided via Australian post.

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28 Responses

  1. Default Gravatar
    xiuhuaJuly 29, 2019

    What are ABN AND USI of smart access superannuation?

    • Avatarfinder Customer Care
      JeniJuly 30, 2019Staff

      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!


  2. Default Gravatar
    DominicFebruary 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
      JohnFebruary 28, 2019Staff

      Hi Dominic,

      Thank you for reaching out to Finder.

      Please click on this link to be routed to our page on bank accounts for three or more people. 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 making a decision on whether it is right for you. Hope this helps!


  3. Default Gravatar
    PeterDecember 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
      JeniDecember 9, 2018Staff

      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!


  4. Default Gravatar
    MichelleOctober 17, 2018

    How do I find out if I previously held a bank account with commonwealth bank?

    • Default Gravatar
      JoelOctober 17, 2018

      Hi Michelle,

      Thanks for leaving a question on finder.

      To verify if you have previously held an account with Commbank, I suggest you give them a call to get a direct answer at 13 2221.

      Please send me a message if you need anything else. :)


  5. Default Gravatar
    ShelleySeptember 28, 2018

    How do I deposit cash using cardless cash?

    • Avatarfinder Customer Care
      JhezSeptember 28, 2018Staff

      Hello Shelley,

      Thank you for your comment.

      To instantly deposit cash using the cardless card, please follow the steps below:
      – Choose Cardless Deposits at any ATM with instant deposit.
      – Enter the account details (BSB & Account number or a credit card number).
      – Insert your notes, then coins, then cheques.
      – Confirm your deposit.

      I hope this helps. Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  6. Default Gravatar
    TerrySeptember 25, 2018

    Can I received money overseas to my smart access account?

    • Avatarfinder Customer Care
      JhezSeptember 25, 2018Staff

      Hello Terry,

      Thank you for your comment.

      Commonwealth Bank Smart Access is one of the CBA transaction accounts that can send and receive money from international transfers. Hence, yes, your Commonwealth Bank Smart Access account can receive money overseas.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  7. Default Gravatar
    AMSeptember 19, 2018

    What date is the fee deducted from my account? First of each month?

    • Avatarfinder Customer Care
      JohnSeptember 20, 2018Staff

      Hi AM,

      Thank you for leaving a question.

      Your monthly fees will be included in you monthly billing statement which is due on a specific date. This date is dependent on the billing cycle you are in and may need to consult your billing statement to know when your due date is for this specific account. Hope this helps!


  8. Default Gravatar
    AMSeptember 19, 2018

    What date is the fee taken? First of each month?

    • Avatarfinder Customer Care
      NikkiSeptember 19, 2018Staff

      Hi AM!

      Thanks for reaching out!

      For the CommBank Smart Access Transaction Account, the date when the fee waived on the day that you deposit $2000 on the account every calendar month. Please know that 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.

      You may also read the terms and conditions of this card before applying.

      Hope this helps. Feel free to message us for any follow up you may have.


  9. Default Gravatar
    lorettaFebruary 16, 2018

    I am about to receive the age pension which will be more than $2000 p.m.
    Will the $4 fee be removed from my keycard account ?

    • Avatarfinder Customer Care
      JonathanMarch 7, 2018Staff

      Hi Loretta, that is correct.

      You can enjoy $0 account keeping fees if you deposit at least $2,000 per month. Otherwise, a $4 fee applies.



  10. Default Gravatar
    StephenJanuary 25, 2018

    Hello. This is similar to a previous question, but more specifically, can I LINK this account to a DIFFERENT Australian Bank provider’s account and transfer money to it?

    • Default Gravatar
      Ash MunozJanuary 31, 2018

      Hi Stephen,

      Thank you for reaching out to us.

      Commonwealth Bank Smart Access is an everyday account that though you can’t link it to an account with other Australian banks, direct credits from other parties even from other financial institutions are permitted.

      The Smart Access account which is linked to a Debit Mastercard with PayPass lets you withdraw your money in over 4,000 CommBank or Bankwest ATMs. You also have the option for a cardless transaction but has a $200 limit everyday.

      I hope this helps.

      Please do not hesitate to reach out to us again if you have additional questions.


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