Rates & fees

Interest rates

All rates displayed in the table below are per annum.

Balance	Standard interest	Bonus interest	With bonus interest
$0 to $1,999	0.01% p.a.	4.00% p.a.	4.01 % p.a.
$2,000 to $4,999	0.01% p.a.	4.00% p.a.	4.01 % p.a.
$5,000 to $9,999	0.01% p.a.	4.00% p.a.	4.01% p.a.
$10,000 to $19,999	0.01% p.a.	4.00% p.a.	4.01% p.a.
$20,000 to $49,999	0.01% p.a.	4.00% p.a.	4.01% p.a.
$50,000 to $99,999	0.01% p.a.	4.00% p.a.	4.01% p.a.
$100,000 and over	0.01% p.a.	4.00% p.a.	4.01% p.a.

 
Fees & charges

Monthly account fee

$0

Withdrawal fees

There are no withdrawal fees on Youthsaver account

Non-Commonwealth Bank ATM fees

An Access Fee will be charged on withdrawals and account balance enquiries you make through an ATM of ASB Bank in New Zealand, Commonwealth Bank in Indonesia and Commonwealth Bank in Vietnam.

AUD $2.00 each

• Note: The Bank will not charge Access Fees on withdrawals or account balance enquiries on deposit and transaction accounts (including MISA), home loans, investment home loans, lines of credit and personal loans through non-Commonwealth Bank ATMs in Australia.  However, ATM owners may charge a fee, which will be disclosed at the time of the transaction. If you proceed with the transaction, the ATM owner’s fee will be debited to your account (in addition to the withdrawal amount, if applicable).  You should check the ATM owner’s fees that apply carefully before completing transactions at non-Commonwealth Bank ATMs in Australia. 

 

International ATMs and EFTPOS

To make travelling easier, you can use your Commonwealth Bank Keycard in any international ATM carrying the Cirrus or Visa Plus signs and also for Maestro EFTPOS purchases. The following fees apply:

Transaction	Fee
Maestro EFTPOS purchase	AUD$1.00 + 2.00% of transaction value
Cirrus or Visa Plus ATM balance enquiry	AUD$2.00
Cirrus ATM cash withdrawal	AUD$5.00 + 2.00% of transaction value
Visa Plus ATM cash withdrawal	AUD$5.00 + 2.00% of transaction value

 

Important information

• 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 for the transaction and savings accounts mentioned are available here or from any branch of the Commonwealth Bank. Bank fees and government charges apply.
• Rate applies to the whole balance of account, and is calculated daily and paid quarterly. Rate effective date:5 March 2010 but are subject to change
• Annual Effective Interest Rates apply when interest is added to principal and not withdrawn. The calculation assumes that the rates quoted remain constant for 12 months