World Debit Mastercard now widely available

[Be.au]

Previous (locked) discussion here from 2019 - CBA World Debit Mastercard invitation

The CommBank World Debit Mastercard is now widely available, after being in a quiet invite only trial for the past few years - you just have to have an existing Debit Mastercard, and then you can switch to the World Debit Mastercard from NetBank or the CommBank app.

$10/month fee, (though allegedly discounts are available for some CommBank Yello tiers - $5 off for Gold, $10 off for Diamond (making it free), you can switch back to the free Debit Mastercard but can't switch back to the World Debit Mastercard for 3 months afterwards.

$0 fee from CommBank for withdrawals at ATMs overseas, no international transaction fees, two Mastercard Travel Pass airport lounge passes, and international travel & shopping insurance (PDS here)

 

[Scarlett]

The only advantage I can see for this debit card over other (free) versions (Macquarie, Bankwest, UBank etc) is the travel insurance.

Paying $10 month to access that benefit could be worthwhile, although the included Zurich-based overseas insurance policy is less useful to me than the Covermore policy I regularly use (primarily because of the defined and covered ‘missed connection’ part of the policy). I also note the hire car excess reimbursement from Zurich is a stingy $2250.

I assume that the switching back and forth would result in a new card being issued each time so I probably won’t bother changing from my basic CBA debit MC (which serves as my ‘keycard’ for withdrawing cash from CBAs dwindling ATM network)

 

[SYD]

The only advantage I can see for this debit card over other (free) versions (Macquarie, Bankwest, UBank etc) is the travel insurance.

Paying $10 month to access that benefit could be worthwhile, although the included Zurich-based overseas insurance policy is less useful to me than the Covermore policy I regularly use (primarily because of the defined and covered ‘missed connection’ part of the policy). I also note the hire car excess reimbursement from Zurich is a stingy $2250.

I assume that the switching back and forth would result in a new card being issued each time so I probably won’t bother changing from my basic CBA debit MC (which serves as my ‘keycard’ for withdrawing cash from CBAs dwindling ATM network)

There are two lounge passes pa. But I’ll stick with the freebies.