CommBank
StepPay
StepPay is our digital-only buy now, pay later product that you can add to your CommBank app or a digital wallet on your smart device. You can use StepPay to pay everywhere in-store and online, up to your credit limit - without a physical card. You can enjoy: No interest charges, No monthly or annual fees, Spend limits up to $2,000, No foreign exchange fees, Late payment fees will apply, but fees are capped. Fees and charges may apply to your linked CommBank account.
Buy now, pay laterBank updated 23 Sept 2026
At a glance
- No headline figures published.
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Purchase | — | — | — | 0.00% | 0.00% | — |
§ 02 — Fees · 3
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Late Payment Fee | Late payment | $10capped $120 / 1 yr | 1 days after due | If you miss a repayment, a $10 late fee may apply, and you won't be able to spend with StepPay until you have enough available funds in your repayment account. If late fees are applied, they are capp… |
| International transaction fee (Mastercard transactions) | Transaction | 0.00% of transaction | — | Pay no international transaction fees for purchases you make overseas or online. |
| Monthly fee | Transaction | No fee | — | No monthly fees |
§ 03 — Features
Extra repaymentsDigital bankingFraud protectionInstalment plansCommBank Tap and PayApple PayGoogle PayGarmin PaySamsung Pay
- · Predicts future StepPay bills
- · categorises StepPay expenditure
- · Mastercard ID Theft protection & Insurance with StepPay transactions
- · Access exclusive flight, hotel and car offers via the CommBank app
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Applicants must be Australian citizens or permanent residents.
- · Available to individuals
- · Amount $200 to $2,000
- · Applicants must have an Australian residential address
- · Applicants must have an eligible CBA transaction account to which the product will be linked
- · Applicants must meet CBA's credit assessment criteria for Low Cost Credit Contracts
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by CommBank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.