Commonwealth Bank Prepaid MasterCard Gift Card

Information verified correct on October 21st, 2016
Commonwealth Bank logo

The CommBank MasterCard Gift Card  is a great way to access your funds any place that you find the MasterCard logo.

You are even able to make purchases on the internet or by phone. MasterCard is accepted all over the world at more than 32 million places.

This prepaid Gift Card is no longer available to be purchased with cash or credit. You can purchase one with your this page for a range of prepaid credit cards.

What is the CommBank MasterCard Gift Card?

The CommBank MasterCard Gift Card is a prepaid card that allows you to make purchases in stores, online or anywhere else where MasterCard is accepted.

Shop Securely

It is extremely easy and safe to shop with this card. Commonwealth Bank uses a program called NetCode and it makes all of your purchases even safer. When shopping online, this technology which utilises a one-time-use password that is connected to your mobile phone or token device.

This security system is used for their internet banking. It is used to authorise purchases or any other types of transactions. NetCode can be used to authorise purchases online that have the logo MasterCard SecureCodeTM. Once you see this sign, you will be able to proceed with much more ease and comfort.

In addition, there is a new feature that will help you to shop with more security. It is called “secure chip” and its technology is simple but effective. It has all the features you found with the magnetic strip but there is also an additional feature of a microchip that has been embedded in the card. It’s impossible to tamper with and it makes it very difficult to copy.

Additional Features

You can use your Prepaid MasterCard quickly and easily with PayPass. This feature allows you to quickly go through checkout without needing a signature or PIN code. All you are required to do is just tap your debit card on the reader that uses PayPass, look for the green light and, voila! You are ready to go!

Shopping online is a cinch, as well. You can use your Prepaid MasterCard online to make purchases because you are using your own funds.

Applying For The Card

To apply for the card, you will need the following:

  • You must have an “Everyday Account” that has the “Smart Access” option or the “Complete Access” feature.
  • You must be at least 16 years of age or older.
  • You must have an official residence in Australia
  • The account cannot be in a company name or trade name. In other words, this must be a personal account.
  • You must have a Tax File Number or an exemption to the TFN. It is within your rights to withhold your TFN number, however, Commonwealth bank is legally required to deduct taxes from any interest that is earned on the account beyond a certain point.

The easiest way to apply for the card, is go online to Commonwealth Bank’s website and apply.

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12 Responses to Commonwealth Bank Prepaid MasterCard Gift Card

  1. Default Gravatar
    Hans | September 4, 2014

    How can I use my Commonwealth Bank Gift Card now that signatures cannot be used. It was purchased last year in November so is still current.

    • Staff
      Shirley | September 5, 2014

      Hi Hans,

      Thanks for your question.

      There are still some transactions where a PIN is not mandated.

      This includes manual or magstripe transactions such as prepaid cards and gift cards.

      Your prepaid card should still work, if it doesn’t, please get in touch with Commonwealth Bank.

      All the best,

  2. Default Gravatar
    Stacey | February 20, 2014

    I tried to use my card today in a Coles store. the Cashier pressed credit and a message came up for me to refer to the provider. How do I use the card?

    • Staff
      Jacob | February 21, 2014

      Hi, Stacey.

      Thanks for your question.

      Please refer this question to the Commonwealth Bank customer service team. It may be that Coles do not accept these types of gift cards, or there could be a problem with the card itself.

      I hope this helps.

  3. Default Gravatar
    Lucy | December 19, 2013

    I have been given a Commonwealth prepaid mastercard as a gift – do I need to activate the card or is it ready to use??

    • Staff
      Jacob | December 19, 2013

      Hey Lucy.

      Thanks for getting in touch with us.

      You can activate your card by visiting the Commbank Prepaid MasterCard website or you can call 1800 214 212 – you can call this number 24 hours a day seven days a week.

      To activate your card, you’ll need:

      The card number, the card security code (the three digits on the back of the card next to where you sign) and the personal access code (this is a four digit code which is selected at the time of purchase – you should have been given this code with the card).

      I hope this helps.

  4. Default Gravatar
    Barbara | August 30, 2013

    For personal reasons I shop online quite a bit. I am happy to use my Credit Card with some places but there are other places I don’t feel secure using this. Would a prepaid credit card be more suitable for me.

    • Default Gravatar
      Barbara | August 30, 2013

      what do you mean by “awaiting moderation”?

    • Staff
      Jacob | August 30, 2013

      Hi Barbara.

      We moderate every comment/question that comes in to make sure people are not posting offensive or sensitive information.


    • Staff
      Jacob | August 30, 2013

      Hi Barbara.

      Thanks for getting in touch with us!

      If you’re worried about using your credit card online, a prepaid card may be the way to go. These cards work by loading funds onto the card, so in the event you’re defrauded, the thieves can only get the amount you’ve loaded onto the card.

      It’s important to note that card issuers have systems in place to protect customers from fraud. The card schemes (Visa, MasterCard and American Express) have zero liability policies that guarantee you will be held responsible for any fraudulent charges provided responsible care is taken. In addition to this, the banks and lenders also have their own systems in place to stop fraud before the fact and to reimburse cardholders after the fact. In short, if you can prove that there was an unauthorised card use, and you have taken steps to ensure that you’ve kept your card information private, you won’t be held responsible for fraudulent charges on your card.

      Have a look at our guide on credit card fraud, tricks and scams for further information on this topic.

      I hope this helps.


  5. Default Gravatar
    Sue | May 20, 2013

    How could I find how the balance of my CAN prepaid MasterCard?

    • Staff
      Jacob | May 20, 2013

      Hi Sue. Thanks for the question. Head to the Commbank website to check the balance of your prepaid MasterCard Gift Card, please log in online using your card number, personal access code and card security code. Jacob.

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