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.
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable The interest rate that applies on overdrawn amounts. This is calculated daily and charged monthly. | 14.9% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Unpaid cheque or debit fee 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. | Event | $5.00 |
| Transaction listing or ad-hoc paper statement fee A fee charged for paper copies of your transaction listing, past statements or ordered statements. | Event | $2.50 |
| Overdraw fee 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. | Event | $15.00 |
| Account fee Charged monthly · There is no Monthly Account Fee. | Ongoing | $0.00 |
| Paper Statement Fee - Standard Cycle Charged every 6 months · There is no charge for paper statements issued within our standard cycle (six months). | Ongoing | $0.00 |
| Access fee - ASB Bank ATMs in NZ and overseas CommBank ATMs When you take money out at ASB ATMs in NZ or CommBank ATMs outside Australia. |
Features
- Card access — Link to Existing Card
- Card access — Debit Mastercard
- 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 cards
- We may limit the number of cards that may be issued or linked to a single account or customer profile.
- Card access — World Debit Mastercard
- 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.
- Loyalty program — CommBank Yello
- CommBank Yello provides benefits for eligible CommBank customers, subject to terms and conditions.
Eligibility
- 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).
More Information
Published by CommBank under the Consumer Data Right · Last updated 16 July 2026 · Product ID ed65bdaefe1d4b2d83cdcd384c9d582d · View on CDR.gov.au