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CBA / Transaction & savings
Society Cheque Account
A transaction account for eligible not-for-profit and community organisations and associations, and organisations that operate for the benefit of the wider community. You can set one up in any of our branches.
Updated 9 Sept 2026
No deposit rates were provided.
- Lending rate type
- Variable
- Rate
- 16.43%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Interest payment due
- In arrears
- Repayment type
- Interest only
- Loan purpose
- Other
- Tiers
- Name
- Balance
- Unit of measure
- Dollar
- Minimum value
- $0.01
- Rate application method
- Whole balance
- Additional info
- For each day your account remains overdrawn, Excess Debit Interest will be applied. This does not apply to accounts with an overdraft limit.
- Additional info uri
- View bank information ↗
- Lending rate type
- Variable
- Rate
- 17.43%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Interest payment due
- In arrears
- Repayment type
- Interest only
- Loan purpose
- Other
- Tiers
- Name
- Balance
- Unit of measure
- Dollar
- Minimum value
- $0.00
- Maximum value
- $0.00
- Rate application method
- Whole balance
- Additional info
- For each day your account remains overdrawn, Excess Debit Interest will be applied. This does not apply to accounts with an overdraft limit.
- Additional info uri
- View bank information ↗
- Name
- Dishonour fee
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $5.00
- Currency
- Aud
- Additional info
- Charged to the account, due to insufficient available funds, when we are unable to debit the account.
- Additional info uri
- View bank information ↗
- Name
- Overdraw Fee
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $15.00
- Currency
- Aud
- Additional info
- A fee charged when you exceed the available funds in your account or any agreed overdraft limit on a given day. Additional interest may apply on overdrawn amounts.
- Additional info uri
- View bank information ↗
- Name
- Access fee - Overseas transactions
- Fee type
- Withdrawal
- Fee method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Amount range
- Fee minimum
- 5.00
- Currency
- Aud
- Additional info
- Any other cash withdrawal overseas: AUD $5 plus 3.5% of the transaction value.
- Additional info uri
- View bank information ↗
- Name
- Access fee - Overseas transactions
- Fee type
- Purchase
- Fee method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Currency
- Aud
- Additional info
- Maestro (EFTPOS) or Visa Debit Card or Debit MasterCard purchase in Australian dollars: 3.5% of the transaction value.
- Additional info uri
- View bank information ↗
- Name
- Access fee - Overseas transactions
- Fee type
- Purchase
- Fee method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Currency
- Aud
- Additional info
- Maestro (EFTPOS) or Visa Debit Card or Debit MasterCard purchase in foreign currency: 3.5% of the transaction value.
- Additional info uri
- View bank information ↗
- Name
- Withdrawals or transfers made via telephone banking with operator assistance
- Fee type
- Transaction
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Withdrawals or transfers made via telephone banking using an operator.
- Additional info uri
- View bank information ↗
- Name
- CommBank ATMs outside Australia
- Fee type
- Withdrawal
- Fee method utype
- rateBased
- Rate based
- Rate type
- Transaction
- Rate
- 3.5%
- Amount range
- Fee minimum
- 5.00
- Fee maximum
- 5.00
- Currency
- Aud
- Additional info
- The fee is charged to the account at the time of the withdrawal. This fee may be charged for each withdrawal you make through ATMs and Maestro, Cirrus, MasterCard or Visa Plus networks outside Australia.
- Additional info uri
- View bank information ↗
- Name
- Assisted transactions
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Withdrawals made over the counter at a Commonwealth Bank branch, Australia Post office or private agency (including EFTPOB/Bank@Post).
- Additional info uri
- View bank information ↗
- Name
- Cheques transactions
- Fee type
- Transaction
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Cheques written by you and negotiated through the clearing system.
- Additional info uri
- View bank information ↗
- Name
- Assisted transactions
- Fee type
- Transaction
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Cheques drawn on your account and cashed over-the-counter at any Commonwealth Bank branch.
- Additional info uri
- View bank information ↗
- Name
- Assisted deposits
- Fee type
- Deposit
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Deposits made over the counter at a Commonwealth Bank branch, Australia Post office or private agency (including EFTPOB/Bank@Post).
- Additional info uri
- View bank information ↗
- Name
- Quick Deposits
- Fee type
- Deposit
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Quick deposit box & Quickcash envelopes.
- Additional info uri
- View bank information ↗
- Name
- Cheque transactions
- Fee type
- Deposit
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Cheques deposited to your account (including cheques deposited via Quick Deposits or QuickCash envelope banking).
- Additional info uri
- View bank information ↗
- Name
- Electronic transactions
- Fee type
- Transaction
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional info
- Customers with a Society Cheque Account are entitled to electronic transactions. Please note Access, CommbBiz and NetBank Service Fees may apply
- Additional info uri
- View bank information ↗
- Name
- Monthly Account fee
- Fee type
- Periodic
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Currency
- Aud
- Additional value
- 1 month
- Additional info
- No monthly account keeping fees.
- Additional info uri
- View bank information ↗
- Feature type
- Card access
- Additional value
- Business Visa Debit Card
- Additional info
- Access your own business funds to pay bills and suppliers online, over the phone or in person.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- Streamline your business banking and save time with automatic data feeds from your online banking to your accounting software.
- Additional info uri
- View bank information ↗
- Feature type
- Npp payid
- Additional info
- Rather than wait hours or days for payments from another bank to clear, receive money almost instantly, so you know exactly where your business stands financially.
- 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
- Regardless of your business structure and needs, we have an online banking solution that will suit you.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- No monthly account fee means one less expense and more money raised going towards those you are helping.
- Additional info uri
- View bank information ↗
- Feature type
- Npp enabled
- Additional info
- Pay and receive payments in realtime.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- You may apply to establish an overdraft limit on an eligible account. Applications are subject to our normal credit approval.
- Additional info uri
- View bank information ↗
- Feature type
- Other
- Additional info
- If you have a Business Transaction Account or a Society Cheque Account and you do not want us to honour payments which will cause that account to become informally overdrawn, you can request that we disable this overdraw feature on your account.
- 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
- Other
- Additional info
- The standard statement cycle of Society Cheque Account is every four months.
- Additional info uri
- View bank information ↗
- Feature type
- Unlimited txns
- Additional info
- CommBank over-the-counter and electronic transactions are free, so you can direct more funds to what matters most. Excludes non-Commonwealth Bank ATMs here and all ATMs overseas, EFTPOS transactions overseas, transfer group payments to third parties, international money transfers, CommBiz and NetBank service fees and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. Wholesale relationship managed customers may be notified at any time that their account is subject to transaction fees on electronic transactions and Commonwealth ATM cash withdrawals.
- Additional info uri
- View bank information ↗
- Eligibility type
- Min age
- Additional value
- 16
- Additional info
- A minor under the age of 16 years old cannot open or be a signatory to a non personal account. They can only be a signatory if there is at least one adult signatory, i.e. a person over 18 years old, and the method of operation for the account is at least one adult must sign each transaction.
- Additional info uri
- View bank information ↗
- Eligibility type
- Other
- Additional info
- Check you're an eligible organisation or association. If you're not, see our other business accounts.
- Additional info uri
- View bank information ↗
No limits & conditions were provided.
No bundles were provided.