{
  "snapshot_at": "2026-11-12T02:35:51Z",
  "brand": "CommBank",
  "brand_slug": "commbank",
  "product_id": "926fd37a329f4a28977ad5c2a943a05e",
  "cdr_url": "https://api.commbank.com.au/public/cds-au/v1/banking/products/926fd37a329f4a28977ad5c2a943a05e",
  "x_v": 7,
  "how_to_fetch": "curl -H 'x-v: 7' 'https://api.commbank.com.au/public/cds-au/v1/banking/products/926fd37a329f4a28977ad5c2a943a05e'",
  "note": "Verbatim `data` object of the bank's CDR product detail response, as fetched. The live endpoint needs the x-v header shown in how_to_fetch and will not open in a browser.",
  "data": {
    "features": [
      {
        "featureType": "ADDITIONAL_CARDS",
        "additionalValue": "Unlimited cards",
        "additionalInfo": "Card numbers are held in the name of the business, not an individual, allowing multiple people to transact on a single account for business expenses. No physical card is issued on this account."
      },
      {
        "featureType": "BILL_PAYMENT",
        "additionalValue": "Sweep from nominated account",
        "additionalInfo": "The full balance will be automatically swept from the nominated bank account on the settlement date."
      },
      {
        "featureType": "INSURANCE",
        "additionalValue": "Transit Accident Insurance",
        "additionalInfo": "Complimentary transit accident insurance up to $250,000 for cardholders. Insurance certificates are available on the CommBank website. Search for 'Procurement Management Account' and refer to the 'Things you should know' section to view the relevant certificates."
      },
      {
        "featureType": "INSURANCE",
        "additionalValue": "Unauthorised Transactions Insurance",
        "additionalInfo": "Complimentary Unauthorised Use insurance up to $150,000 a year. Insurance certificates are available on the CommBank website. Search for 'Procurement Management Account' and refer to the 'Things you should know' section to view the relevant certificates."
      },
      {
        "featureType": "DIGITAL_BANKING",
        "additionalInfo": "Regardless of your business structure and needs, we have an online banking solution that will suit you.",
        "additionalInfoUri": "https://www.commbank.com.au/business/online-banking/compare-our-online-business-banking-platforms.html"
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "BUSINESS"
      },
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "Each application for credit is assessed on the ability of the business to service debt (limit) based on the financials supplied in the application."
      }
    ],
    "fees": [
      {
        "name": "International Transaction Fee",
        "feeType": "TRANSACTION",
        "feeMethodUType": "rateBased",
        "rateBased": {
          "rateType": "TRANSACTION",
          "rate": "0.025"
        },
        "currency": "AUD",
        "additionalInfo": "Applies anytime cash advances, purchases or permitted transactions are converted by Mastercard from foreign currencies to Australian dollar equivalents. For cash advances, the relevant cash advance charge will also apply. Also applies to purchases while the accountholder is overseas, or while they are in Australia (for example online) where the merchant, or the financial institution or entity processing the transaction, is located overseas. Please note additional fees may be charged by the overseas merchant."
      },
      {
        "name": "Cash equivalent items or cash substitutes cash advance charge",
        "feeType": "PURCHASE",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "1.25"
        },
        "currency": "AUD",
        "additionalValue": "P1Y",
        "additionalInfo": "While no physical card is available to withdraw cash, the bank also charges a cash advance fee ($1.25) and interest (17.99%) for customers using their Procurement Management Account for a cash equivalent item or cash substitutes. Cash equivalent items or cash substitutes include the purchase of travellers cheques and foreign currency, e.g. Travelex, as well as online gambling, e.g. Sportsbet, Pokerstars, Online Lottery and TAB."
      },
      {
        "name": "Cash equivalent items or cash substitutes cash advance charge",
        "feeType": "PURCHASE",
        "feeMethodUType": "rateBased",
        "rateBased": {
          "rateType": "TRANSACTION",
          "rate": "0.1799"
        },
        "currency": "AUD",
        "additionalInfo": "While no physical card is available to withdraw cash, the bank also charges a cash advance fee ($1.25) and interest (17.99%) for customers using their Procurement Management Account for a cash equivalent item or cash substitutes. Cash equivalent items or cash substitutes include the purchase of travellers cheques and foreign currency, e.g. Travelex, as well as online gambling, e.g. Sportsbet, Pokerstars, Online Lottery and TAB."
      },
      {
        "name": "Establishment Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "600.00"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged per facility as disclosed within your Letter of Offer. This fee applies to Procurement Management Accounts, including Procurement Management Accounts with Virtual Card for Travel and Virtual Card for Procurement solutions.  Payable on acceptance of the Bank`s offer and when the Bank approves a credit limit increase. Does not apply for Virtual Corporate Card solution"
      },
      {
        "name": "Annual Account Fee",
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "120.00"
        },
        "currency": "AUD",
        "additionalInfo": "This fee applies per Procurement Management Account number, including Procurement Management Accounts with Virtual Card for Travel and Virtual Card for Procurement solutions, as disclosed within your Letter of Offer. Does not apply for Virtual Corporate Card solution"
      },
      {
        "name": "Virtual Corporate Card Establishment Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "2000.00"
        },
        "currency": "AUD",
        "additionalInfo": "This fee only applies for the Virtual Corporate Card solution. Fee charged per facility as disclosed within your Letter of Offer. Payable on acceptance of the Bank's offer and when the Bank approves a credit limit increase."
      },
      {
        "name": "Virtual Corporate Card Annual Account Fee",
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "595.00"
        },
        "currency": "AUD",
        "additionalInfo": "This fee only applies for the Virtual Corporate Card solution. Applies per Procurement Management Account number with Virtual Corporate Card solution, as disclosed within your Letter of Offer."
      }
    ],
    "lendingRates": [
      {
        "lendingRateType": "CASH_ADVANCE",
        "rate": "0.1799",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "loanPurpose": "OTHER"
      },
      {
        "lendingRateType": "PURCHASE",
        "rate": "0.1799",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "loanPurpose": "OTHER"
      }
    ],
    "productId": "926fd37a329f4a28977ad5c2a943a05e",
    "lastUpdated": "2026-11-12T02:15:46.000Z",
    "productCategory": "CRED_AND_CHRG_CARDS",
    "name": "Procurement Management Account",
    "description": "A Procurement Management Account is a corporate card 'account' (16 digit card number) assigned to an organisation or business unit, which allows multiple authorised users to transact on the account. It is primarily used for a large volume of transactions (e.g. high volumes of travel bookings) or high value procurement transactions (e.g. strategic suppliers).",
    "brand": "CBA",
    "brandName": "CommBank",
    "isTailored": true,
    "additionalInformation": {
      "overviewUri": "https://www.commbank.com.au/business/business-credit-cards/cards-for-larger-business/procurement-management-account.html",
      "termsUri": "https://www.commbank.com.au/PMACOU",
      "eligibilityUri": "https://www.commbank.com.au/business/business-credit-cards/cards-for-larger-business/procurement-management-account.html"
    }
  }
}