---
title: "Everyday Offset — CommBank"
description: "Transaction & Savings Accounts from CommBank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/commbank/products/ed65bdaefe1d4b2d83cdcd384c9d582d
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-29T02:15:33.000Z
---

# Everyday Offset — CommBank

> Transaction & Savings Accounts from CommBank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

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.

## Apply

Applications are handled by the provider: [Apply at CommBank](https://www.commbank.com.au/home-loans/interest-offset.html)

## 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. · Discount −$2.00 — 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. (eligibility: Other: This discount is only available to customers who withdraw cash using an eligible World Debit Mastercard. Other card types or withdrawal methods may not be eligible for this discount.) | Withdrawal | $2.00 |
| Access fee - Other overseas cash and ATM withdrawals — Any other cash withdrawals overseas will incur a $5.00 fee plus 3.5% of the transaction value. · Discount −3.5% of transaction — 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. (eligibility: Other: Eligible World Debit Mastercard) | Withdrawal | 3.5% of transaction |
| Access fee - Overseas purchases — 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. · Discount −$0.00 — Where your international purchases are made using an eligible World Debit Mastercard, the access fee will be $0. (eligibility: Other: The $0 access fee applies only when international purchases are made using an eligible World Debit Mastercard.) | Purchase | 3.5% of transaction |
| Staff assisted withdrawals | Withdrawal | $0.00 |
| CBA ATM cash withdrawals in Australia — Free | Event | $0.00 |
| Cheque negotiated fee — When you write a cheque that needs to be negotiated through the clearing system. | Transaction | $0.00 |
| Monthly card fee — Charged monthly · A monthly card fee for Debit Mastercard holders with an approved World Debit Mastercard. | Ongoing | $10.00 |

## 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.)
- **Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.**
- **Digital banking** (Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.)
- **PayID** (Get faster payments between participating banks, anytime with a PayID.)
- **Real-time payments (NPP)** (Pay and receive near real-time payments.)
- **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(s) of the loan borrowers. You can link a maximum of 99 Everyday Offset accounts per Standard Variable Rate Home Loan and a maximum of two Everyday Offset accounts per Simple Home Loan. You can only link a maximum of one Everyday Offset account per Digi Home Loan. Each Everyday Offset account can only be linked to one home loan at a time. Existing eligible CommBank accounts can be switched to an Everyday Offset account.**
- **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 balance on which we charge interest. However, you do not earn interest on the balance in your Everyday Offset, even if the balance exceeds the balance of the home loan.**

## 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 from CommBank

- [Overview](https://www.commbank.com.au/content/dam/commbank/personal/home-loans/fact-sheets/005-309-everyday-offset.pdf)
- [Terms & conditions](https://www.commbank.com.au/personal/apply-online/download-printed-forms/SavingsInvestment_ADB2852.pdf)
- [Eligibility](https://www.commbank.com.au/content/dam/commbank/personal/home-loans/fact-sheets/005-309-everyday-offset.pdf)
- [Fees & pricing](https://www.commbank.com.au/personal/apply-online/download-printed-forms/SavingsInvestment_ADB2852.pdf)

## Data provenance

- Published by CommBank under the Consumer Data Right
- Product ID: `ed65bdaefe1d4b2d83cdcd384c9d582d`
- Last updated by the provider: 29 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/commbank/ed65bdaefe1d4b2d83cdcd384c9d582d
- Provider page: https://www.cdrcompare.au/brands/commbank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000008

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/commbank/products/ed65bdaefe1d4b2d83cdcd384c9d582d) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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