Help & support
Children aged 9 years and over will have the option to receive a Debit Mastercard® so they can practice their budgeting skills and pay for things with their own money. You can set card locks and a weekly spend limit, so your child can learn with the protection of a safety net.
In your own CommBank app, you can:
$0 monthly account fee. No withdrawal fees when using CommBank or Bankwest ATMs. Every dollar your child earns can be put towards saving or spending.
Other fees may apply for transactions at non-CommBank ATMs and international transactions - see all rates, fees and fee exemptions.
Smart Access Account for Youth is best used with our Youthsaver account so your child can manage their own money, while working towards their savings goals.
Children aged 9 years and over will have the option to receive a Debit Mastercard if their account is opened online. Parents or legal guardians can adjust their child’s weekly spend limit, lock contactless and online payments, or the child’s card completely, at any time in their own CommBank app.
Smart Access Account for Youth is best used with our Youthsaver account so your child can manage their own money, while working towards their savings goals.
Children aged 9 years and over will have the option to receive a Debit Mastercard if their account is opened online. Parents or legal guardians can adjust their child’s weekly spend limit, lock contactless and online payments, or the child’s card completely, at any time in their own CommBank app.
Under 14
Children under 14 will need a parent or legal guardian to open a Smart Access Account for Youth on their behalf.
14 or over
If you’re aged 14 or over, you can apply for an individual Everyday Account Smart Access yourself online or in-branch.
Your child needs to have:
Parents or legal guardians who don't already bank with us, will also need at least 1 form of ID e.g. Driver’s licence, Medicare card, passport or birth certificate.
You'll need to provide ID for verification for yourself and your child within 20 days of opening the account or the account may automatically close. You can reapply at any CommBank branch. You’ll need to bring physical ID as we do not accept digital forms of ID.
We’ll also ask you about your child's tax residency (a Government requirement). Here’s why.
There are 3 ways to open this account:
It’s important to teach your child about online security and how to protect their accounts. Discover more about staying safe online and check out some tips for families.
We’ll protect you from losses due to unauthorised transactions on personal and business accounts when you take the necessary steps to stay safe online.
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 68KB). Full terms and conditions for the transaction and savings accounts (PDF | 660KB) mentioned and Electronic Banking are available here or from any branch of the Commonwealth Bank.
The target market for these products will be found within the product’s Target Market Determination, available here.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
