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Bank accounts, Savings accounts and Term Deposits

Savings accounts

Savings advice

Benefit from practical advice about reaching different savings goals, and find out how our savings specialists can help.

Budget planner

Use this easy tool to plan your budget and make adjustments to see how you can maximise your savings.

Calculators & tools

Make the most of your savings account – quickly calculate how long it will take to achieve your savings goals.
 


Compare savings accounts

Goal Saver

Goal Saver

  • Be rewarded with a bonus variable rate of 4.40%1 when you save regularly (on balances up to $100,000)
  • Grow your balance by at least $2002and make no more than one withdrawal per month
More info
Apply now
Goal Saver

NetBank Saver

  • A high interest online savings account giving you unlimited instant access to your money
  • Deposit and withdraw funds to and from a linked Everyday Account whenever you want
More info
Apply now
Term Deposit

Term Deposit

  • Earn a fixed interest rate on your savings for a set period
  • Invest $5,000 to less than $2,000,000
  • Manage your term deposit maturity instructions online with NetBank
More info
Apply now
Cash investment account

Cash Investment Account

  • A short term investment account offering competitive interest and a range of access options
  • Minimum initial deposit of $10,000
More info
Apply now
Youth Saver

Youthsaver

  • A dedicated savings account for under 18s
  • Earn bonus interest each month you make no withdrawals

More info
Apply now

You may also be interested in


Pensioner Security account

Pensioner Security

  • An everyday bank account for recipients of a pension or retirees (over the age of 55)
  • Competitive interest with a choice of keycard or Debit MasterCard®
More info

Mortgage Interest Saver Accounts (MISA)

Mortgage Interest Saver

  • Offset your savings balance against your home loan balance
  • Reduce interest to pay off your home loan sooner
More info

  • Important information
    1Rate includes a variable bonus interest rate of 3.65% p.a. above the standard variable interest rate of 0.75% p.a., which is paid on account balances up to and including $100,000 if the closing balance on the last day of a calendar month is at least $200 higher (excluding interest earned) than the opening balance on the first day of the same month, with no more than one (1) withdrawal in the same period.
    2Excludes interest and other bank initiated transactions

    The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide. Full Terms and conditions of accounts mentioned are available here , for electronic banking here, or from any branch of the Commonwealth Bank. 


 

Did you Know?

GoalSaver rewards your saving efforts.

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