By creating a Smart Access and NetBank Saver account you:

Agree that the method of operation is ‘Any to Operate’. This means only one of you is required to authorise transactions
Agree to receive your statements and important notices via NetBank. We'll notify you by email when the statement is available. This means that you will not receive paper copies of your notices and statements but you can opt to receive paper statements for your Smart Access account in NetBank at any time
Agree to receive the Financial Services Guide, Transaction, Savings and Investment Accounts Terms & Conditions and Electronic Banking Terms and Conditions electronically and accept the Terms and Conditions. If you don't want to receive the Terms & Conditions electronically, please visit any branch to open the account(s)
Are requesting a Debit MasterCard
Agree to the Online ID Check Terms & Conditions.
Acknowledge and agree that if you’re over 18, your account automatically comes with an Overdraw Feature. This means that if you have insufficient funds to cover a direct debit, cheque, scheduled BPAY, PayTo payment or Point of Sale card payment, your account may be able to exceed its available funds (be overdrawn). If this happens, you will be charged a $15 fee that day, regardless of the number of transactions honoured that same day. Interest will also be charged on overdrawn amounts. The current applicable interest rate is 14.90% p.a. but is subject to change. Honouring payments is at our discretion and we may still dishonour transactions.

You should only keep the Overdraw Feature if you think you'll use it occasionally to cover an accidental shortfall in funds. If you need ongoing credit, one of our credit products may be suitable as the applicable interest rate and fees and charges are likely to be lower and consumer credit protection legislation also applies. You can turn the Overdraw Feature off through NetBank or the CommBank app. Turning it off may cause payments to be dishonoured or returned and a $5 fee will apply. The Overdraw Feature may impact later credit assessments if you apply for loan products in the future. For full terms and conditions see the Transaction, Savings and Investment Accounts Terms & Conditions.

MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated. You're required by law to tell us if any of the parties for this joint account are also known by another name - just call 13 2221 or visit a branch. To opt out of receiving marketing information, update your preferences in NetBank or give us a call.