Hear us out: An alternative to CommBank AdvancePay

The contents provided on this page are for informational purposes only and do not constitute financial advice. Consider your personal circumstances and objectives before making any financial decisions.

There are many Pay Advance apps in Australia, each with their own strengths and drawbacks. But none are quite like Beforepay. 

Let’s take a look at CommBank AdvancePay and why it could be good to look at other options (like Beforepay). 

What is CommBank AdvancePay?

AdvancePay is a cash-on-demand service provided to customers of Commonwealth Bank. A temporary limit is provided to a customer’s everyday account, providing them with additional funds until a chosen pay day. Once that arrives, the temporary limit is removed and funds are automatically withdrawn from the account to pay back the loan. 

What does CommBank AdvancePay cost?

AdvancePay costs $5 per $500 (or part of) that you ask for. If the amount isn’t fully repaid on the chosen pay date, a debit excess interest rate will apply to the overdrawn amount. The interest rate at the time of writing (Sep. 29 2025) is 14.90% per annum. 

Customers will also be subject to any fees and charges related to the everyday account, such as the $15 overdraw fee. 

Introducing Beforepay: We’re built different 

Before you put in your AdvancePay application, read through what makes Beforepay Pay Advance the better option (in our opinion): 

• Fast approvals: Get up to $2000 in your account in as little as 5 minutes. So you can get back to what matters.
  
  
• Transparent fees: Know what you’ll owe, upfront, before you borrow. No catch, just cash when you need it.
  
  
• Easy bank connection: We’re compatible with all major banks, making it even easier to get extra cash when you need it.
  
  
• Tailored loan limits: We don’t do one size fits all. Every loan is tailored to you and your circumstances. It’s as unique as you are!
  
  
• Borrow anytime, anywhere: We’ve got your back 24/7. Whenever you need us, we’ll be by your side (in your pocket or on your computer screen), ready to lend.
  
  
• One advance at a time: We only allow one loan at a time, to prevent snowballing debt or damaging borrowing cycles.
  
  
• Straight into your account: We transfer your funds directly into your bank account, giving you the flexibility to pay whatever you need to, however you need to.
  
  
• Easy sign-ups: Create an account with just a few taps. No one’s got time for lengthy registrations.
  
  
• Made for Aussies: Join over 1.5 million Australians who’ve already chosen Beforepay.

Why choose Beforepay?

Beforepay was started to provide working Australians with an affordable and ethical loan option that helps them deal with sudden surprises. We want to leave our customers in a better financial position than when they found us. 

We’re one of many pay advances out there. You may have seen them, or used them in the past. The best one really just depends on your preferences and circumstances. But we think a Pay Advance service should make it easier to manage your money, not harder (just saying). 

Disclaimer: Beforepay Group Ltd, ABN: 63 633 925 505. Beforepay allows eligible customers to access their pay and provides budgeting tools. Beforepay does not provide financial products, financial advice or credit products. The views provided in this article include factual information and the personal opinions of relevant Beforepay staff and do not constitute financial advice. Beforepay and its related bodies corporate make no representation or warranty, express or implied, as to the accuracy, completeness, timeliness or reliability of the contents of this blog post and do not accept any liability for any loss whatsoever arising from the use of this information. Please read our Terms of Service carefully before deciding whether to use any of our services.