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CBA / Transaction & savings
Commonwealth Private Bank Account
The Commonwealth Private Bank Account is an interest bearing transaction account which pays a banded interest rate and is exclusively available to Commonwealth Private Bank clients.
Updated 9 Sept 2026Individually tailored product
- Deposit rate type
- Variable
- Rate
- 0.45%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $0.00
- Maximum value
- $99,999.99
- Rate application method
- Per tier
- Additional info
- Interest is paid at a banded interest rate. With interest paid on the portion of the balance within each band and subject to terms and conditions.
- Additional info uri
- View bank information ↗
- Deposit rate type
- Variable
- Rate
- 0.45%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $100,000.00
- Maximum value
- $249,999.99
- Rate application method
- Per tier
- Additional info
- Interest is paid at a banded interest rate. With interest paid on the portion of the balance within each band and subject to terms and conditions.
- Additional info uri
- View bank information ↗
- Deposit rate type
- Variable
- Rate
- 0.45%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $250,000.00
- Maximum value
- $499,999.99
- Rate application method
- Per tier
- Additional info
- Interest is paid at a banded interest rate. With interest paid on the portion of the balance within each band and subject to terms and conditions.
- Additional info uri
- View bank information ↗
- Deposit rate type
- Variable
- Rate
- 0.45%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $500,000.00
- Maximum value
- $999,999.99
- Rate application method
- Per tier
- Additional info
- Interest is paid at a banded interest rate. With interest paid on the portion of the balance within each band and subject to terms and conditions.
- Additional info uri
- View bank information ↗
- Deposit rate type
- Variable
- Rate
- 1.1%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $1,000,000.00
- Maximum value
- $4,999,999.99
- Rate application method
- Per tier
- Additional info
- Interest is paid at a banded interest rate. With interest paid on the portion of the balance within each band and subject to terms and conditions.
- Additional info uri
- View bank information ↗
- Deposit rate type
- Variable
- Rate
- 2.1%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Tiers
- Name
- Amount
- Unit of measure
- Dollar
- Minimum value
- $5,000,000.00
- Rate application method
- Per tier
- Additional info
- Interest is paid at a banded interest rate. With interest paid on the portion of the balance within each band and subject to terms and conditions.
- Additional info uri
- View bank information ↗
- Lending rate type
- Variable
- Rate
- 14.9%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Repayment type
- Unconstrained
- Loan purpose
- Other
- Additional info
- The interest rate that applies on overdrawn amounts. This is calculated daily and charged monthly/quarterly.
- Additional info uri
- View bank information ↗
- Name
- Unpaid cheque or debit fee
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $5.00
- Currency
- Aud
- Additional info
- When we dishonour a cheque or debit presented to us because there isn't enough money in your account. We may waive certain fees or charges at our discretion. The failure by us to charge any fee or charge does not constitute a waiver of that fee or charge in the future.
- Name
- Account Fee
- Fee type
- Periodic
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional value
- 1 month
- Additional info
- There is no account fee for this product.
- Name
- Access fee - ASB Bank ATMs in NZ and overseas CommBank ATMs
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $2.00
- Currency
- Aud
- Discounts
- Description
- When you make an international purchase, or withdraw cash at an ATM overseas using an eligible World Debit card, the access fee will be $0.
- Discount type
- Eligibility only
- Discount method utype
- fixedAmount
- Fixed amount
- Amount
- $2.00
- Eligibility
- Discount eligibility type
- Other
- Additional info
- Where you withdraw cash using an eligible World Debit Mastercard, the access fee will be $0.
- Additional info uri
- View bank information ↗
- Additional info uri
- View bank information ↗
- Additional info
- When you take money out at ASB ATMs in NZ or CommBank ATMs outside Australia.
- Name
- Access fee - Other overseas cash and ATM withdrawals
- Fee type
- Withdrawal
- Fee method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Amount range
- Fee minimum
- 5.00
- Currency
- Aud
- Discounts
- Description
- When you make an international purchase, or withdraw cash at an ATM overseas using an eligible World Debit card, the access fee will be $0.
- Discount type
- Eligibility only
- Discount method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Amount range
- Discount minimum
- 5.00
- Eligibility
- Discount eligibility type
- Other
- Additional info
- Where you withdraw cash using an eligible World Debit Mastercard, the access fee will be $0.
- Additional info uri
- View bank information ↗
- Additional info uri
- View bank information ↗
- Additional info
- Any other cash withdrawals overseas will incur a fee of 3.5% of the transaction value plus a $5.00 fee.
- Name
- Access fee - Overseas purchases
- Fee type
- Purchase
- Fee method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Currency
- Aud
- Discounts
- Description
- Where your international purchases are made using an eligible World Debit Mastercard, the access fee will be $0.
- Discount type
- Eligibility only
- Discount method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Eligibility
- Discount eligibility type
- Other
- Additional info
- Where your international purchases are made using an eligible World Debit Mastercard, the access fee will be $0.
- Additional info uri
- View bank information ↗
- Additional info uri
- View bank information ↗
- Additional info
- Purchases made overseas or in Australia (e.g. online), where the merchant is located overseas or the financial institution or entity processing transaction is located overseas.
- Name
- Assisted withdrawal fee
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info uri
- View bank information ↗
- Name
- CBA ATM cash withdrawals in Australia
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Free.
- Name
- Monthly card fee
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $10.00
- Currency
- Aud
- Additional info
- A monthly card fee for Debit Mastercard holders with an approved World Debit Mastercard.
- Additional info uri
- View bank information ↗
- Feature type
- Card access
- Additional value
- Debit Mastercard
- Additional info
- Use instore, online and withdraw local currency at millions of locations, everywhere Mastercard is accepted. Choose a Debit Mastercard with your CommBank account and pay for things using your card, smartphone or wearable. You may receive access to other features and benefits associated with your Debit Mastercard subject to eligibility, approval and terms and conditions.
- Additional info uri
- View bank information ↗
- Feature type
- Additional cards
- Additional info
- We may limit the number of cards that may be issued or linked to a single account or customer profile.
- Feature type
- Bill payment
- Additional value
- BPAY View
- Additional info
- See, track and easily pay your bills online in NetBank or on the go in the CommBank app.
- Additional info uri
- View bank information ↗
- Feature type
- Card access
- Additional value
- World Debit Mastercard
- Additional info
- World Debit Mastercard is a premium debit card that can be linked to your CommBank transaction account, and can be used everywhere Mastercard is accepted. Enjoy additional exclusive features and benefits with the World Debit Mastercard, subject eligibility, approval, and terms and conditions. Fees apply.
- Additional info uri
- View bank information ↗
- Feature type
- Card access
- Additional value
- Link to Existing Card
- Feature type
- Other
- Additional info
- Securely lock your debit card in the CommBank app when you need to. And unlock it again when you don't.
- Additional info uri
- View bank information ↗
- Feature type
- Loyalty program
- Additional value
- CommBank Yello
- Additional info
- CommBank Yello provides benefits for eligible CommBank customers, subject to terms and conditions.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.
- Additional info uri
- View bank information ↗
- Feature type
- Digital banking
- Additional info
- Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
- Additional info uri
- View bank information ↗
- Feature type
- Digital wallet
- Additional value
- Apple Pay
- Additional info
- Pay with your Apple(TM) device using Apple Pay.
- Additional info uri
- View bank information ↗
- Feature type
- Digital wallet
- Additional value
- CommBank Tap and Pay
- Additional info
- Pay with your Android phone(TM) using the CommBank app.
- Additional info uri
- View bank information ↗
- Feature type
- Digital wallet
- Additional value
- Fitbit Pay
- Additional info
- Pay with your Fitbit(TM) smartwatch using Fitbit Pay.
- Additional info uri
- View bank information ↗
- Feature type
- Digital wallet
- Additional value
- Garmin Pay
- Additional info
- Pay with your Garmin(TM) smartwatch using Garmin Pay.
- Additional info uri
- View bank information ↗
- Feature type
- Digital wallet
- Additional value
- Google Pay
- Additional info
- Pay with your Android(TM) device using Google Pay.
- Additional info uri
- View bank information ↗
- Feature type
- Digital wallet
- Additional value
- Samsung Pay
- Additional info
- Pay with your Samsung(TM) device using Samsung Pay.
- Additional info uri
- View bank information ↗
- Feature type
- Npp payid
- Additional info
- Get faster payments between participating banks, anytime with a PayID.
- Additional info uri
- View bank information ↗
- Feature type
- Npp enabled
- Additional info
- Pay and receive near real-time payments.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- Free assisted withdrawal is available for you to take money out at a Commonwealth Bank branch or a post office or agency, with telephone banking if using an operator, or by cashing a cheque.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- You are not required to have a card to use this product.
- Feature type
- Other
- Additional info
- Manage payments from your bank account using PayTo.
- Additional info uri
- View bank information ↗
- Feature type
- Relationship management
- Additional info
- Your dedicated Private Banker will work together with a team of in-house specialists to support you through every stage of your financial life.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM.
- Additional info uri
- View bank information ↗
- Feature type
- Unlimited txns
- Additional info
- Unlimited CommBank electronic and assisted transactions.
- Additional info uri
- View bank information ↗
- Eligibility type
- Min age
- Additional value
- 18
- Additional info
- The Commonwealth Private Bank Account is only available to personal customers over 18 years of age and have an Australian residential address.
- Additional info uri
- View bank information ↗
- Eligibility type
- Other
- Additional info
- The Commonwealth Private Bank Account is available to non-personal customers who have a domestic business, an ABN or ACN with signatories aged 18 and above or signatories after 16 to 18 with another signatory being at least 18 years old; or be a foreign company that carries on business within Australia, registered with ASIC and be determined on a case by case basis.
- Additional info uri
- View bank information ↗
No limits & conditions were provided.
No bundles were provided.
From the bank
No application link was provided. Contact the bank to ask about this product.