CommBank
Everyday Offset
Everyday Offset is a transaction account which is linked to an eligible home loan, and account holder(s) must also be account holders of the linked home loan. Interest is not charged on the part of the Home Loan balance equal to the Transaction account. Full terms and conditions for transaction and savings accounts are available at CommBank.com.au or from any branch of the Commonwealth Bank. Fees and charges apply.
Savings & transaction accountsBank updated 23 Sept 2026
At a glance
- Monthly fee
- $10
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableThe interest rate that applies on overdrawn amounts. This is calculated daily and charged monthly. | Owner occupied · Interest only | — | — | 14.90% | — | — |
§ 02 — Fees · 12
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| CBA ATM cash withdrawals in Australia | Event | No fee | — | Free |
| Overdraw fee | Event | $15 | — | 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. |
| Transaction listing or ad-hoc paper statement fee | Event | $2.50 | — | A fee charged for paper copies of your transaction listing, past statements or ordered statements. |
| Unpaid cheque or debit fee | Event | $5 | — | 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 ch… |
| Account fee | Periodic | No fee | Every 1 mo | There is no Monthly Account Fee. |
| Monthly card fee | Periodic | $10 | Every 1 mo | A monthly card fee for Debit Mastercard holders with an approved World Debit Mastercard. |
| Paper Statement Fee - Standard Cycle | Periodic | No fee | Every 6 mo | There is no charge for paper statements issued within our standard cycle (six months). |
| Access fee - Overseas purchases | Purchase | 3.50% of transaction | — | 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. Where your international purchases are made using an eligible World Debit Mastercard, the access fee will be $0. |
| Cheque negotiated fee | Transaction | No fee | — | When you write a cheque that needs to be negotiated through the clearing system. |
| Access fee - ASB Bank ATMs in NZ and overseas CommBank ATMs | Withdrawal | $2 | — | When you take money out at ASB ATMs in NZ or CommBank ATMs outside Australia. 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. |
| Access fee - Other overseas cash and ATM withdrawals | Withdrawal | 3.50% of transaction | — | Any other cash withdrawals overseas will incur a $5.00 fee plus 3.5% of the transaction value. 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. |
| Staff assisted withdrawals | Withdrawal | No fee | — | — |
§ 03 — Features
Instant paymentsPayIDDigital bankingCommBank Yello
- · Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.
- · There is no minimum balance needed for the offset to be applied to your home loan.
- · Maximise the benefits of offsetting by linking multiple Everyday Offset accounts to a Standard Variable Rate (Owner Occupied or Investment) Home Loan or Simple Home Loan, provided they're in the name…
- · You are not required to have a card to use this product.
- · An Everyday Offset can be linked to a Standard Variable Rate Home Loan (Owner Occupied or Investment), Digi Home Loan or Simple Home Loan. Any money you put into your Everyday Offset reduces the bala…
§ 04 — Eligibility & limits
- · Available to personal customers with a Standard Variable Rate Home Loan (Owner Occupied or Investment), Digi Home Loan or Simple Home Loan.
- · Everyday Offset must be in the same name(s) as the borrowers on the home loan. You can open an Everyday Offset in your name or jointly with your Co-Borrower(s).
§ 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.