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We’re proud to be Money magazine's Bank of the Year for two years running

We’re proud to be Money magazine's Bank of the Year for two years running.  

Money magazine has a long list of criteria and we’re very pleased to have come out on top, but what’s more important is whether we meet your criteria.

That’s why we strive to offer the best customer service possible, and are always looking for ways to make banking easier. This year we’ve introduced Tap & Pay, Cardless Cash, and credit cards you can Lock, Block and LimitTM from the CommBank app.

While for our business customers, we’ve launched solutions on efficiency, such as our Daily IQ app which provides business insights and tools to help manage cash flow, and next generation payment solutions like our Small Business app that can help you save time and get paid sooner.

We've also been recognised with three other awards from Money Magazine:

  • 2014 Business Bank of the Year
  • 2014 Banking Website of the Year
  • Margin Lender of the Year (CommSec) for the fifth year in a row

Bank of the year 2014
Business bank of the year 2014
Banking website of the year 2014
Margin lender of the year 2014

Our Home Insurance is a winner in Money magazine’s 2014 Best of the Best awards

Our Home Insurance has been named Money magazine’s 2014 Best of the Best winner in the Best Innovative Insurance Product category. According to Money magazine, we’ve “delivered a unique product that has set the benchmark for other insurers to follow”. Each year, Money magazine compares Australian insurers to find the best of the best financial products, services and investments.

Best of the best 2014

Australian Private Banking Awards 2014

Commonwealth Private were proud to receive multiple awards at the 2014 Australian Private Banking Awards. For the sixth year running Commonwealth Private were named the Australian Private Banking Council's most Outstanding Institution (in the $1m-$10m category). This is the private banking industry’s peak award, and is the result of interviews of more than 800 clients of private banks in Australia.

  • Winner – Outstanding Private Banking Institution of the Year 2014 in the $1m-$10m category, for the sixth year in a row
  • Winner – Outstanding New Relationship Manager – awarded to Lisa Davis, Private Client Manager.

Private Banking awards