Opening a bank account together can be a great way to pool your money and improve your household spending and saving habits. This page will guide you through all you need to know about Commbank Joint Account.
Keep track. Together.
Making your day-to-day easier
Whether it’s a joint Everyday account or savings account, merging your money can help you to:
- Have better visibility of your collective spending and saving
- Manage bills and expenses
- Reach savings and financial goals together
- Save time – no need to transfer money between separate bank accounts
Making it work
First, agree on the basics:
- How much and how often you’ll each contribute into your joint account
- What you’ll use the account for e.g. paying bills or covering rent, as an emergency fund or saving for a goal like a joint holiday
- If you need to set a spending limit each month
- How you want to use your joint account e.g. one person or both to sign to approve transactions
- Whether you’ll each keep separate bank accounts too
Wondering if a joint account is right for you? This article may help you to decide
Our everyday joint account & Debit Mastercard
Two Debit Mastercards
Our Smart Access account can come with two Debit Mastercards – one for each of you. Making it easy to shop, pay bills, withdraw cash and transfer money to and from your linked savings account at an ATM plus more.
Pay no monthly account fee
The monthly account fee for the Smart Access account will be waived if you deposit at least $2,000 per month. The waiver will also apply if you’re on Student Options, under 25 or you meet other criteria.1
Here’s more on our Smart Access account rates & fees
These are fee-free
- Purchasing items in Australia using your Debit Mastercard
- Transfers between accounts
- BPAY and other electronic payments including PayID payments
- Withdrawals from CommBank ATMs
How to apply for a joint everyday Smart Access account
You can apply if you’re both:
- 14 or over
- Opening the joint account in your personal names (no Company, Trading or Trust accounts)
- Have an Australian residential address
Neither of you bank with us?
- We recommend having at least one of the following ID handy – Medicare card, Driver’s licence, Passport, Birth certificate
- Apply online – make sure your info matches what’s on your ID
- Complete online ID check
- Download the CommBank app to use Cardless Cash while you both wait for your Debit Mastercards to arrive (takes up to 5 business days)
Already bank with us?
If one or both of you bank with us
- Apply online in NetBank or the CommBank app
- Use Cardless Cash while you both wait for your Debit Mastercards to arrive (takes up to 5 business days)
Here ends all about Commbank Joint Account.