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CBA tops up customer support measures

Commonwealth Bank has added to its customer support measures, offering a one-time payment to all customers who are receiving a home loan repayment deferral.Under the deferral arrangement, loan repayments are deferred for six months and interest is added to the loan balance each month.The bank said that on an average loan of A$350,000 million the bank will refund around $45 to offset the effect of capitalised interest.The bank has also said that any customer who missed a credit card minimum repayment in March will have their late fees and interest for the month of March refunded.

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