2016-05-30

https://www.commbank.com.au/personal/online-banking.html

CommBank (Commonwealth Bank of Australia) is a provider of online and mobile banking accounts, credit cards, home loans, personal loans, superannuation funds, home and contents insurance, car insurance, life insurance, credit insurance, financial advice and more.

“CommBank CAN.”

CANSTAR is pleased to congratulate CommBank on winning the 2016 Awards for both Bank of the Year – Online Banking and Bank of the Year – Mobile Banking.

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Please note that CANSTAR is an information provider and in giving you product information CANSTAR is not making any suggestion or recommendation about a particular credit product. If you decided to apply for a loan, you will deal directly with a financial institution, and not with CANSTAR. Rates and product information should be confirmed with the relevant financial institution. For more information, read our detailed disclosure, important notes, and additional information.

Compare Mobile Banking Apps and Online Banking Platforms

Features of CommBank’s mobile and online banking

Everyday Transactions: Beyond Bank’s mobile banking app and online banking platform have many outstanding features, including the ability to manage your payments and finances via either desktop or smartphone:

Ability to schedule future payments

Ability to save new payees and billers

Ability to make additional loan repayments when needed

Ability to change daily transfer limit

Ability to change address and passwords on the account

Ability to modify limits on credit cards

Ability to restrict transaction types on credit cards and debit cards

Ability to place a temporary lock or block on a card

Budgeting Tools: CommBank offers some excellent budgeting tools. For example, their mobile banking app offers the ability to automatically categorise spending behaviour, which customers can then view as graphs of their transaction behaviour in the online banking platform’s budgeting tools. The information from these budgeting tools can also be exported for use elsewhere.

Other calculators and tools on offer through the Beyond Bank website and app include:

Mortgage repayment and borrowing calculators

Stamp duty calculator

Savings calculator

Credit card calculator

The website also offers financial tips and articles about the financial market.

Alerts: Customers can customise the alerts they receive, such as notifications before making a transaction that would incur a fee or overdraw their accounts.

Identity Verification Options: CommBank allows customers to choose the type of secondary authentication they would like to use for their mobile banking app and online banking platform. Their mobile banking app has fingerprint verification enabled, making signing into the app much quicker, easier, and more secure.

Smartwatch App: CommBank’s smartwatch app does more than just check the balance of your accounts. It can also be used to withdraw cardless cash from an ATM, making CommBank the first institution to let customers make transactions using a smartwatch app.

Location Search: Looking for your nearest ATM or branch? You now have the option of entering your postcode, suburb, or current location into the location search tool.

Faster Online Applications: Customers can now make a complete application online for products that require ID verification (deposit accounts, credit cards, and personal loans) using either desktop online banking or the mobile banking app.

About CommBank

The Commonwealth Bank of Australia (CommBank) was founded in 1911 as the government bank for our young nation, and they are still Australia’s largest provider of financial services.

For smartphone enthusiasts or simply those short on time, CommBank’s Property Guide mobile app makes it easy to search for your next home on the go. Co-created with Realestate.com.au and RP Data, this app is available for Apple and Android devices. First home buyers will enjoy CommBank’s series of videos on buying a home.

CommBank also offers a wide range of banking solutions for children and teenage students. Their school banking program, the Dollarmites Club, started in 1928 and is one of Australia’s oldest and well-known programs for under 12s.

CommBank supports the Australian community in many ways. For example, they sponsor the Clown Doctors to help kids in hospital forget they’re sick, and distribute more than $2 million in community grants every year. You can watch the story of how a grant helped Starz Dance hold a special recital for their special needs children’s class.

CommBank is also big on protecting our environment, having won three CDP ASX 200 Climate Leadership Awards in 2014 (among other awards) for largest relative carbon reduction, climate performance leader, and best climate disclosure.

View our other award winners for Mobile Banking and Online Banking Platforms

The post About Commonwealth Bank’s mobile and online banking appeared first on Canstar.

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