Summary

Easy access, every day

To access your cash when and where you want it, and with the option of branch and assisted phone transactions, the Australian based Streamline Unlimited account could be the ideal solution for you.

Rates & Fees

Interest rates

All rates displayed in the table below are per annum and amounts are in Australian Dollars.

Fees & charges

Streamline Unlimited  monthly account fee: AUD $6.00

Forget your monthly fee

We'll waive the monthly fee if you are:

• Are under 21 years old;
• Opened your account after 1 June 2010 and deposit at least $2,000 each calendar month;
• Have a balance of $50,000 or more in eligible contributing accounts;
• Have your aged or war veterans pension deposited into this account; or
• Are currently part of a Wealth Package where the annual fee is paid.
• Are a student at an education institution located in Australia or are undertaking an Australian apprenticeship. You must show us suitable student identification.
• Reliant on over-the-counter services because of a disability preventing you using electronic banking facilities. The exemption will apply to a nominated account.

For more details please see our Transaction, Savings and Investment Accounts General Information and Terms and Conditions, available online or from any branch of the Bank.

Withdrawal fees

For Streamline e-Access customers, each assisted withdrawal in a branch or agency or via telephone banking incurs a fee of AUD $2.00. Also for Streamline e-Access customers, each cheque written by you and negotiated through the clearing system (excluding those cashed over-the-counter at a Commonwealth Bank branch) incurs a fee of AUD $1.00.

Non-Commonwealth Bank ATM fees

An Access Fee will be charged on withdrawals and account balance enquiries you make through an ATM of ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam of AUD $2.00 each

Note: The Bank will not charge Access Fees on withdrawals or account balance enquiries on deposit and transaction accounts (including MISA), home loans, investment home loans, lines of credit and personal loans through non-Commonwealth Bank ATMs in Australia.  However, ATM owners may charge a fee, which will be disclosed at the time of the transaction. If you proceed with the transaction, the ATM owner's fee will be debited to your account (in addition to the withdrawal amount, if applicable).  You should check the ATM owner's fees that apply carefully before completing transactions at non-Commonwealth Bank ATMs in Australia.

International ATMs and EFTPOS

To make travelling easier, you can use your Commonwealth Bank keycard in any international ATM carrying the Cirrus, Maestro or Visa Plus signs and also for most EFTPOS purchases. The following fees apply:

Important information

1. Rate applies to the whole balance of the account, and is calculated daily and paid quarterly. Rates effective as at 27 September 2007 but are subject to change.
2. The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the this information, consider its appropriateness to your circumstances. Please view our Financial Services Guide. Full terms and conditions for the transaction and savings accounts mentioned are available here or from any branch of the Commonwealth Bank. Bank fees and charges apply.

Features:

Unlimited Commonwealth Bank electronic transactions

If you enjoy the personal service of branch banking, as well as the 24-hour convenience of electronic banking, Streamline Unlimited is for you. Enjoy unlimited branch and electronic transactions1 for a low, flat fee of just AUD $6 a month (also includes agency and assisted telephone banking transactions). You will receive a standard Commonwealth Bank Keycard to access your money through ATMs and EFTPOS.

Cash when you need it

The Commonwealth Bank has the largest ATM network of any Australian bank, so no matter where you find yourself, there's a good chance you'll also find one of our conveniently-located ATMs throughout Australia.

24-hour banking

For the added convenience of after-hours banking, you can also make use of internet and telephone banking, 24 hours a day, 7 days a week.

Forget your bills

Know your regular bills and transfers will always be paid on time, even when you're on holiday. Set and forget them by scheduling payments through NetBank.

Direct deposit your funds

For convenient banking, have your salary and other direct deposits paid straight into your account so you have instant access to your money through the largest ATM network of any Australian bank. 

Link your accounts

Take care of all your banking in the one place. By linking your Streamline account to your other Commonwealth Bank accounts, you can easily access and transfer funds using internet and telephone banking or an ATM.

Travel light

Hit the road without travellers cheques or the security worries of excess cash. Your Streamline account gives you global access to your money through the Maestro EFTPOS, and Cirrus or Visa Plus ATM networks. Fees apply.

Important information

1. Electronic transactions can be made via Commonwealth Bank ATMs, online with NetBank, via telephone banking or EFTPOS in Australia. Excludes non-Commonwealth Bank ATMs here and all ATMs overseas, EFTPOS transactions overseas, transfer group payments to third parties, International Money Transfers and separate services such as bank cheques, periodic payments and transfers/deposits to other banks.

The information on this website has been prepared without considering your objectives, financial situation or needs, Because of that, you should, before acting on this information, consider its appropriateness to your circumstances. Please view our Financial Services Guide. Full terms and conditions for the transaction and savings accounts mentioned are available here or from any branch of the Commonwealth Bank. Bank fees and charges apply.

What You'll Need:

What you'll need to apply

• Be 16 years old or over
• Parental approval is required if you are under 16 years of age
• Your arrival city and estimated arrival date in Australia

Who can apply?

• Migrants to Australia
• Returning Expats
• Students looking to study in Australia
• Working holiday makers
• The account must be in personal names (no Company or Trading Accounts)
• Applications for accounts where funds are held in trust cannot be accepted online. If you wish to open a trust account, please apply at any branch of the Bank
• Joint accounts (where applicable) can include up to a maximum of two account holders

If you have any questions, are unable to apply online or would like to open your account over the phone, please call +44 (0)20 7710 3995 between the hours of 9am - 5pm, Monday to Friday.

Apply Now:

Important Information

Before commencing your online application, please read the Bank's Financial Services Guide as well as the following information on the Bank's Privacy Policy. Then select 'continue' button at the bottom of the page.

Privacy Acknowledgment and Consent

Collection of personal information:

We collect personal information (including customers' full name, address and contact details) so that we may administer our customer relationships and provide customers with the products and services they request as well as information on the Commonwealth Bank Group's products and services.

Where it is necessary to do so, we also collect information on individuals such as company directors and officers (where the company is our customer), as well as customers' agents and persons dealing with us on a "one-off" basis.

The law can also require us to collect personal information - eg, Commonwealth legislation requires us to identify persons who open or operate accounts.

We may take steps to verify that information we collect; eg. a birth certificate provided as identification may be verified with records held by the Registry of Births, Deaths and Marriages to protect against impersonation.

You must provide us with accurate and relevant information. If you provide us with incomplete or inaccurate information we may not be able to provide you with the products or services you are seeking.

Other members of the Commonwealth Bank Group are permitted by the Privacy Act to disclose personal information to other members of the Commonwealth Bank Group. This enables the Group to have an integrated view of its customers.

Other disclosures

Personal information may be disclosed to:

• brokers and agents who refer your business to us;
• any person acting on your behalf, including your financial adviser, solicitor or accountant, executor, administrator, trustee, guardian or attorney;
• organisations to whom we outsource certain functions.

In all circumstances where our contractors, agents and outsourced service providers become aware of personal information, confidentiality arrangements apply. Personal information may only be used by our agents, contractors and outsourced service providers for our purposes.

We may also disclose personal information to other financial institutions and organisations at their request if you seek credit from them.

We may be allowed or obliged to disclose information by law, eg, under Court Orders or Statutory Notices pursuant to taxation or social security laws.

Access of Information

You may (subject to permitted exceptions) access your information by contacting: Customer Relations, Commonwealth Bank Group, Reply Paid 41, Sydney NSW 2001. We may charge you for providing access.

Further information

For further information on our privacy and information handling practices, please refer to our Privacy Policy Statement, which is available at commbank.com.au or upon request from any branch of the Bank.

Account opening conditions

Until your account is formally activated in person, a stop will remain on the account preventing any withdrawal of funds. To activate your account you will need to take a copy of your account opening letter (this is forwarded to your nominated postal or email address), along with your passport to your nominated Branch.

A Debit card and PIN number will be ordered for all applicants on the account and will be available for your collection at your nominated Commonwealth Bank branch in Australia, details of this branch will be provided on account opening.