Commonwealth Bank Streamline Basic

Get your pension paid to the Streamline Basic and pay no account or transaction fees.

The Commonwealth Bank waives monthly account keeping fees and transaction fees when you get your pension paid directly into the Streamline Basic Account. If you’re a pensioner, this account can simplify your everyday banking giving you unlimited free online and staff-assisted branch withdrawals.


Account keeping fee


ATM withdrawal fee


Overseas ATM withdrawal fee


Overseas transaction fee

of transaction value

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Product NameCommonwealth Bank Streamline Basic
Monthly account fee$0
Card accessMastercard
ATM Withdrawal Fee$0
International ATM Fee$5 + 3%
International transaction fee3%
Monthly deposit required to waive account feeN/A
Contactless PaymentsGoogle Pay, Apple 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

This transaction account is available to customers with a valid seniors card, healthcare card or pensioner concession card. The account charges no monthly account keeping fees and customers have no minimum balance to maintain or monthly deposit condition to meet.

This account also offers easy access to your money in a number of ways, including via the linked Debit MAstercard, Internet and mobile banking and you can also make unlimited free transactions in a CommBank branch with the assistance from bank staff. This could be helpful if you often receive assistance to deposit cash or cheques or make withdrawals from the account.

If you’re not eligible for this account, you can take a look at the CommBank Smart Access Account instead.

Key features


No application fee, monthly account keeping fees and no fees if you overdraw your account. International transaction fees such as currency conversion fees and international ATM fees apply when you use the Mastercard Debit Card to make a purchase outside of Australia.

Visa Debit Card or Keycard

Choose between a Commonwealth Bank Keycard or a Commonwealth Bank Debit Mastercard. Use the Keycard to make free EFTPOS purchases at shops and free ATM withdrawals at over 4,000 Commonwealth Bank and Bankwest ATMs. The Debit Mastercard lets you do this too, as well as make online and over the phone purchases in Australia and overseas wherever Mastercard is accepted.

How to apply

This account must be opened in person. You need to provide a valid Commonwealth of Australia concession card to the Commonwealth Bank to apply for this account.


The following eligibility criteria apply:

  • Age. You must qualify for the Australian aged pension to apply for the Commonwealth Bank Streamline Basic.
  • Pension holders. You must supply a Department of Human Services (DHS) concession card to the Commonwealth Bank to apply for this everyday bank account. Eligible concession cards include the Senior's Health Card, Pensioner Concession Card or the Health Care Card.

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    Default Gravatar
    October 26, 2021

    Hello, is the payment option/s OSKO and PayID available with a Commonwealth Bank Streamline basic account ?
    Thank you

      Avatarfinder Customer Care
      November 3, 2021

      Hi Steve,

      Yes, CommBank Streamline basic account is eligible for PayID registration. While it’s unclear if Osko is also available for this account, the service is available within the CommBank App, NetBank and CommBiz. To confirm if it can be used for this account type, we suggest that you check with Commbank directly.


    Default Gravatar
    April 3, 2017

    Is the Complete Access Account a Streamline Account?

      Avatarfinder Customer Care
      April 4, 2017

      Hi Shirley,

      Thanks for your question.

      The Commonwealth Bank Complete Access is a transaction account but it is no longer available for new applications.

      If in case you’re exploring other options, please check the pensioner accounts featured on our website.


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