Are you eligible for StepPay?

CommBank's buy now, pay later product StepPay allows you to split purchases of $100 or more into four equal repayments. We don’t restrict using StepPay to participating retailers, so you can use your StepPay digital card anywhere in-store and online, up to your credit limit.

Whether you’re hitting the shops, on a road trip, or need to manage a financial curve ball this month, StepPay will let you stagger your bills and expenses and stay on top of your budget.

Do you meet our eligibility criteria?

To be eligible to apply for StepPay, you must:

• Be 18 years or over
• Be an Australian resident, or hold an eligible visa, with an Australian residential address
• Have an eligible CommBank account to link to StepPay as your repayment account
• If you don't already bank with us, open an everyday account
• Meet minimum income requirements 
• Be employed or have a regular income
• Have a good credit rating

When you apply, we’ll ask a few questions about your income and expenses, and conduct a credit check to make sure StepPay is right for you.

Things to consider before applying

We will run a credit check to assess your eligibility and help to determine your StepPay spending limit.  The check looks at your accounts and loans with CommBank, as well as any credit products you may have with other financial institutions on your credit file. Make sure any credit products you have are in good order, with no default or late payment history before applying for StepPay.

Learn How StepPay affects your credit score