Are you eligible for StepPay?

Buy now, pay later products allow you to split your purchases into equal repayment instalments.

StepPay, CommBank's buy now, pay later product, allows customers to split purchases from $100 to $2000 at any retailer that accepts Mastercard^®, not just the “participating” ones. (Rest assured, there’ll be no awkward moments at the check-out worrying if your purchase will be accepted.) 

Whether you’re hitting the shops, on a road trip, or you simply miscalculated the costs coming up this week, StepPay will let you stagger your regular bills and expenses and give peace of mind that you’re on top of your budget.

Are you eligible?

Here are 4 simple steps to check your eligibility for StepPay.

1. Are you an existing CommBank customer?

StepPay is only available to our existing customers. If you’re not already, you can, of course, become a customer by opening an everyday account.

2. Do you have an everyday account with CommBank?

To be eligible for StepPay, you need an existing CommBank everyday account.

3. Do you meet our eligibility criteria?

This can be demonstrated through regular deposits going into your CommBank everyday account, such as salary or regular transfers, or confirming your income and expenses. 

4. Are you a model customer, with no defaults or late payment history?

To be able to take advantage of StepPay, ensure any other credit products you have with CommBank are in good order.

We will run a credit check, to assess your eligibility, so make sure any credit products you have with other providers are also in order.

StepPay is here

If you’ve ticked all those 4 boxes, you could be eligible for StepPay, a new way to buy now, pay later.