CommBank

WikiFX | 2025-05-21 13:32

摘要：CommBank was founded in 1911 with its headquarters in Sydney, Australia. As one of the "Big Four Banks" in Australia, its business scope covers retail banking, commercial banking, investment, insurance, superannuation, etc. It is suitable for individual and corporate clients who value local services and pursue stability, especially in home loans, superannuation, and daily financial management.

CommBank Review Summary
Founded	1911
Registered Country/Region	Australia
Regulation	Regulated
Products and Services	Retail banking, commercial banking, investment, insurance, superannuation, etc.
Trading Platform	CommBank app, NetBank (Web), and CommSec
Customer Support	+61 2 9999 3283
Customer Support	13 2221

CommBank Information

CommBank was founded in 1911 with its headquarters in Sydney, Australia. As one of the “Big Four Banks” in Australia, its business scope covers retail banking, commercial banking, investment, insurance, superannuation, etc. It is suitable for individual and corporate clients who value local services and pursue stability, especially in home loans, superannuation, and daily financial management.

Pros and Cons

Pros	Cons
Regulated	Limited international investment products (Australian market).
Diversified financial services	Complex fee structures
Advanced digital tools (e.g., CommBank app)	Restrictions on overseas services
Customer loyalty rewards program

Is CommBank Legit?

CommBank is an old-established bank with a long history in Australia. It is strictly regulated by APRA and is a member of the Australian Financial Claims Scheme. The Australian Securities and Investments Commission (ASIC) regulates this bank, and its license number is 000234945. Therefore, deposit security is guaranteed.

What Services Does CommBank Offer?

The types of investment transactions include the following four categories:

Australian Stocks (ASX): Trade over 2,000 Australian stocks through the CommSec platform. The minimum first trade is $500, and subsequent trades start at $100.

Exchange-Traded Funds (ETFs): Pocket ETFs offer 10+ themed ETFs (e.g., technology, healthcare) with a minimum investment of $50. Commission is $2 per trade (for trades ≤ $1,000) or 0.2% (for trades > $1,000).

Superannuation: Provided by Colonial First State, products like Essential Super have fees 15% lower than the industry average.

Term Deposits and Savings Accounts: A limited-time interest rate of 4.05% is offered for 9-month business investment accounts, while ordinary savings account rates fluctuate with the market.

Servies	Supported
Australian Stocks (ASX)	✔
Exchange-Traded Funds (ETFs)	✔
Superannuation	✔
Term Deposits and Savings Accounts	✔

Account Type

Personal Accounts

Account Type	Account Name	Key Features
Everyday Transaction Account	Smart Access	• No monthly fee• Supports fast transfers via PayID• Cardless cash withdrawal
	Everyday Offset	• Linked to home loans, the account balance can offset interest
Savings Account	NetBank Saver	• Flexible interest rate• Suitable for short-term savings
	Term Deposit	• Fixed interest rate• Deposit terms ranging from 3 months to 5 years
Investment Account	CommSec Share Trading Account	• For trading Australian stocks• Requires linkage to CDIA (Cash Management Account)
	Pocket Account	• Focused on ETF trading• Minimum investment of $50

Business Accounts

CommBank offers a Business Transaction Account suitable for small businesses, with a $0 monthly fee and requiring ASIC verification. Additionally, users can choose business loan accounts such as the Better Business Loan (unsecured small loan) and vehicle and equipment financing.

CommBank Fees

Service Type	Item	Fee Standard
Transaction Accounts	Basic Account Monthly Fee	Most have no monthly fee
	Cross-border Transfer	$15–$25 per transaction
	Foreign Exchange Conversion Fee	1%–3%
Investment Trading	Australian Stock Trading Commission	$10–$29.95 per transaction
Investment Trading	ETF Trading Commission	≤ $1,000: $2 per transaction; ＞ $1,000: 0.2%
Home Loans	Home Loan Application Fee	$495–$995
	Refinance Fee	Approximately $395
	Wealth Package Annual Fee	$395 (includes home loan rate discount)
Insurance	Pet Insurance (First-Year Offer)	First 2 months free
	Pet Insurance (Subsequent Monthly Fee)	$20–$80

Leverage

For CommBank home loan leverage, the maximum loan amount can be 80% of the property value (LVR ≤ 80%).

Trading Platform

Trading Platform	Supported	Available Devices
CommBank app	✔	-
NetBank	✔	Web
CommSec	✔	-

Deposit and Withdrawal

Category	Method	Details
Deposits	Bank Transfer	Supports local/international transfers; SWIFT code required for international transfers: CBAUAT22.
	ATM Deposit	Free cash/check deposits at CommBank ATMs within Australia
	Direct Salary Deposit	Allows employers to deposit salaries directly; Reward eligibility for certain accounts (e.g., Smart Awards credit card points)
Withdrawals	ATM Withdrawal	Access Australian dollars or local currency at Mastercard ATMs worldwide; Overseas withdrawal fee: $5 per transaction + currency conversion fee
Withdrawals	Transfer to Linked Accounts	Free real-time transfers to other CommBank accounts or third-party accounts (requires PayID/BSB number)

Bonus

CommBank's new customer rewards include: opening a designated transaction account and completing transactions to receive a $200 cash bonus (limited-time offer); new home loan customers can enjoy a $699 conveyancing discount (via the Home-in service).

Additionally, investors can access loyalty rewards such as the CommBank Yello program, which offers points, cashback (e.g., up to $40 monthly cashback on home loans), and service discounts. Credit card spending accumulates CommBank Awards points, which can be redeemed for gift cards or Qantas frequent flyer miles.

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