CommBankCommBank AdvancePay
CommBank AdvancePay gives you access to money you expect to be paid, before your next pay day. It's a short term facility applied to your personal everyday account as a temporary limit.
At a glance
- Variable
- 14.90%
- Loan size
- $100 to $2,000
How it compares
This overdraft in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate open to anyone, including lines of credit secured against a home. One dot per institution, at its lowest personal overdraft or line of credit rate anyone can apply for; hover or tap a dot for its name.
| Rate | This overdraft | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal overdraft or line of creditLowest advertised rate open to anyone, including lines of credit secured against a home | 14.90% | 7.49%Police Credit Union Limited's Allegro Line of Credit | 9.25%of 15 institutions | 14th lowest of 15 |
Rates
The one rate CommBank publishes for this overdraft.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableIf your CommBank AdvancePay limit is not fully repaid by your limit expiry date, your account will be considered overdrawn and you’ll be charged the debit excess interest rate. | - | - | - | 14.90% | - | - |
Fees
One fee published, grouped by when they're charged.
When you take it out1
- Upfront fee
Variable Upfront Fee. There is a single, upfront fee of $5 for every $500 (or part of) you ask for. This fee is charged when your CommBank AdvancePay limit is applied to your account, regardless of w…
$5 to $20
Features
- Get access to a minimum amount of $100 before your next pay day or regular transaction credit. There's no need to contact or involve your employer.
- If eligible, you can apply through NetBank or the CommBank app in just a few minutes. If your application is approved, your limit should be available instantly (usually within seconds but may take up…
- You'll be charged a fee depending on the amount you ask for. There are no extra charges if you pay back on time.
Eligibility and limits
- Minimum age 18
- Available to individuals
- Amount $100 to $2,000
- You must have your income or regular transaction credit paid into a CommBank everyday account.
- You must be registered for NetBank.
- You must have earned enough income / transaction credit at the time of applying to meet our $100 minimum limit.
- You must have accessed CommBank AdvancePay less than 8 times in the last 12 months.
- Applications for Personal Overdrafts are subject to the Bank's normal credit approval.
- You can apply for a limit up to 30 days.
- You must have a Complete or Smart Access account to apply the CommBank AdvancePay limit.
Compare it with others
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.