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Rates & Fees

Superannuation Savings Account

Standard interest rates1

Balance

Interest rate2

 

$0 - $999

3.35% p.a.

 

$1,000 - $4,999

3.75% p.a.

 

$5,000 - $9,999

4.50% p.a.

 

$10,000 - $49,999

5.35% p.a.

 

$50,000 and over

5.85% p.a.

 

       

 

Fixed Term option rates ($5,000 minimum)3

Term

Interest rate2

1 year

5.85% p.a.

2 years

5.85% p.a.

3 years

5.75% p.a.

4 years

5.75% p.a.

5 years

5.75% p.a.

Fees

There are no transaction, management or entry fees. There is just one annual administration fee of $25 payable on accounts with balances in excess of $1,000.

Important information

  • Commonwealth Bank Superannuation Savings Account (Superannuation Savings Account) is issued by the Commonwealth Bank of Australia ABN 48 123 123 124. The Product Disclosure Statement (PDS) is provided in 2 parts ( Part 1 – General information and Part 2 – Latest interest rates) and the Tax and other information brochure describing Superannuation Savings Account is available by calling 13 2015 or visiting any Commonwealth Bank branch. You should consider the Product Disclosure Statement before making a decision about Superannuation Savings Account.
  • Information is subject to change without notice.
  • 1. Superannuation Savings Account standard interest rates changed as at 8 September 2008. Interest on the Standard Rate component is calculated daily on the full balance and paid quarterly on the 15th of March, June, September and December.
  • 2. Gross rate of interest before deduction of Government earnings tax.
  • 3. Fixed term option interest rates effective 8 September 2008. Interest on the Fixed Term option is calculated daily and credited six-monthly and at maturity. Interest is compounded in the Fixed Term option.

 

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