CommBank Streamline Basic
$0 monthly fee
An everyday bank account for health care or pensioner concession card holders or receiving a government benefit payment that makes you eligible to hold a card.
- Overseas spending fee
- 3.5%
- Overseas ATM fee
- $2
- Digital wallets
- Apple, Google, Samsung
Monthly fee
Features
- Debit card
- Yes
- Apple, Google or Samsung Pay
- Apple Pay, Google Pay, Samsung Pay
- PayID
- Yes
- Overdraft available
- Not listed
Who can open it
- Age to open
- Any
Who it's for
- You must have an Australian residential address.
- Streamline Basic is available to anyone with one of these Australian government concession cards: Commonwealth Seniors Health card; Pensioner Concession card; Health Care card. It is also available to anyone who receives an Australian government benefit payment that makes them eligible to hold a Concession or Health Care Card. You also need to make sure your government benefit payments are paid into a CommBank account.
How it compares
Against the other everyday accounts we compare. Typical means the middle half of them.
Monthly fee
None
Most accounts that say charge none.
Overseas spending fee
3.5%
Of what you spend in another currency. Typical is 3%.
Overseas ATM fee
$2
Each time you take cash out overseas. Typical is $5.
Pros and cons
Pros
- No monthly fee. Keeping the account costs nothing, whatever you deposit.
- PayID. People can pay you with your phone number or email instead of a BSB and account number.
- Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.
Cons
- An overseas spending fee. 3.5% of what you spend in another currency, so $1,000 overseas costs about $35 extra.
Similar accounts
Everyday accounts from other banks with similar fees.
- Monthly fee
- None
- Overseas spending fee
- 3.65%
- Monthly fee
- None
- Overseas spending fee
- 3%
- Monthly fee
- None
- Overseas spending fee
- 3%
