Commonwealth Bank (CommBank) and Smartgroup have joined forces in a strategic collaboration aimed at providing smarter benefits.

The partnership, effective immediately, enables Smartgroup’s extensive customer base to access a range of products and special promotional offers offered by CommBank. Kicking off with a compelling offer of 10 free trades on the CommSec platform, this collaboration seeks to empower Australians with enhanced financial tools and benefits to optimize their income.

“As many Australians grapple with cost-of-living pressures, having access to more of your salary can make a meaningful difference. This is why we’re proud of our new agreement with Smartgroup to support working Australians with access to our products and financial tools, starting with this special offer from CommSec,” said Commonwealth Bank’s Group Executive for Business Banking, Mike Vacy-Lyle.

“The agreement is a shared commitment to empowering Australians with accessible financial solutions and Smartgroup customers with more benefits. Customers can start benefiting from these offers immediately. Smartgroup is about empowering Australians to unlock more of their pay through salary packaging and smart benefits,” said Chief Executive Officer and Managing Director of Smartgroup Scott Wharton.

The collaboration between CommBank and Smartgroup signifies a proactive step toward enhancing financial well-being and providing tangible benefits to Australian families, promising a brighter future for wealth management and income optimization. With this partnership, both entities aim to revolutionize the landscape of financial benefits, ushering in a new era of smarter benefits for all Australians.