Account (AU)
Commonwealth Bank review: Accounts with no monthly fees!
Do you need a bank to help you improve your finances and keep track of your budget? If so, read our Commonwealth Bank review to learn more!
Commonwealth Bank: Personal and business accounts!
Are you looking for a bank account that has no monthly fees? If so, our Commonwealth Bank review may be the perfect option for you! Keep reading to find out if this is the right account for your finances!
How to join Commonwealth Bank?
Are you tired of paying monthly fees for your bank account? Read our post to learn how to join Commonwealth Bank and find no-fee options!
| Financial products offered | Commonwealth Bank offers Personal and business accounts, home and personal loans, insurance, credit cards, debit cards, and other products. |
| Fees* | Everyday Account Smart Access: $4 monthly fee or $0 if you meet the conditions to waive the monthly fee; $59 annual fee for the Low Rate credit card; No monthly fee for the Ultimate Awards credit card; $59 annual fee for the Awards credit card; No monthly fee for the Business Transaction Account; Other cards can have other fees and other products as well. *Terms apply. |
| Minimum balance | You may need the minimum balance amount to open some account options. |
| Investment choices* | NetBank Saver savings account can earn you up to 3.5% variable p.a.; GoalSaver savings account can earn you up to 2.70% p.a. *Terms apply. |
In this blog post, we will review both Commonwealth bank’s personal and business accounts to help you determine if they fit your needs.
Moreover, we will also discuss the different features and benefits of each main account and financial product so that you can make an informed decision.
Therefore, Commonwealth Bank is one of Australia’s largest banks, offering various account options to suit everyone’s needs!
So, read the Commonwealth Bank review to learn more about them!
How is banking with Commonwealth Bank?
If you’re looking for a simple bank account that meets your business’s needs, you’ll also love to open a business account with no monthly fees at the Commonwealth Bank.
Moreover, you’ll be able to open a common everyday account for only $4 as a monthly fee, and you can waive it if you meet the requirements.
Plus, you can find incredible other financial products. For example, you’ll be able to use Commonwealth bank’s website features to help you find the best credit card for your needs.
You will be redirected to another website
Commonwealth Bank experience: is it trustworthy?
Now that you know more about this bank, you should check out its advantages and disadvantages.
So, check out our pros and cons list below in this Commonwealth Bank review!
Pros
- Concession cards for health care;
- Commonwealth Bank has personal and business account options;
- Business accounts with no monthly fees;
- Option to waive monthly fees for the everyday account;
- Credit cards, debit cards, insurance, and other financial products are available.
Cons
- Some accounts have monthly fees;
- Also, some credit cards can have high fees.
Should you choose Commonwealth Bank?
The Commonwealth Bank can offer you incredible perks, as we mentioned. Also, you can get good perks if you have a business or a personal account.
So, if you want a good bank to help you, if you’re young or old, you can easily trust and open your Commonwealth bank account!
How to start banking with Commonwealth Bank?
You can join and start banking with this bank online and with an easy-to-understand process. Also, you can apply for credit cards offered by Commonwealth bank online and wait for approval.
Check the following link to our walkthrough and join Commonwealth Bank.
How to join Commonwealth Bank?
Are you tired of paying monthly fees for your bank account? Read our post to learn how to join Commonwealth Bank and find no-fee options!
About the author / Victória Lourenço
Reviewed by / Aline Barbosa
Senior Editor
Trending Topics
How to apply for OurMoneyMarket Personal Loan?
See how to apply for an OurMoneyMarket Personal Loan and borrow up to $75,000 at low rates and no hidden fees. The application takes 3 steps.
Keep Reading
BOQ Blue Visa Credit Card review: earn rewards!
Are you looking for a great card with an intro p.a. of 20 months on balance transfers? If so, read our BOQ Blue Visa Credit Card review!
Keep Reading
How to apply for the NOW Finance Personal Loans?
Are you looking for a lender with secured and unsecured loan options with perks? If so, read on to apply for NOW Finance Personal Loans!
Keep ReadingYou may also like
Learn to apply easily for ZippyLoan
Wondering how to get the money you need fast: Check out how to apply for ZippyLoan. Compare multiple lenders and borrow up to $15K to use as you want.
Keep Reading
Chase Freedom Unlimited® review: is it worth it?
Chase Freedom Unlimited® is a simple, straightforward product. Its 1.5% cash back on all purchases makes it easy to earn rewards no matter where you shop. And, there's no annual fee! Read our review to learn about its features.
Keep Reading
Regional Finance Personal Loans review: how does it work and is it good?
Our Regional Finance Personal Loans review brings you an overview of this secured loan that is available online, and provides quick cash. Read on to understand how you can get this loan, and what you should expect from it!
Keep Reading