Our range of bank accounts  

Everyday accounts

Everyday transaction accounts for your day-to-day spending and banking needs.

  • Debit Mastercard® included
  • No monthly account fee if you're under 25 or deposit $2,000 each month or meet other conditions.1
  • Get cashback when you spend at popular brands with CommBank Rewards. Accessible via the CommBank app for eligible customers.2
  • Join over 6 million Australians using the CommBank app, with features like Spend Tracker and Cash Flow View
  • Pay with your phone or wearable using Apple Pay, Google PayTM4, Samsung Pay or CommBank Tap & Pay
  • Get help when you need it from our extensive branch network across the country, and our Australian-based call centres
  • Your account is protected from unauthorised transactions by our 100% Security Guarantee5. It’s also backed by the Australian Government’s guarantee on combined balances of up to $250,000 per account holder.

Savings accounts & Term Deposits

Savings accounts to give you greater peace of mind and help you reach your savings goals.

  • Bonus interest for regular savings
  • Easy access to your savings 24/7
  • Combined balances up to $250,000 per account holder are guaranteed by the Australian Government
  • Set savings goals in the CommBank app with Goal Tracker3 and make regular, automated transfers from your everyday account


Banking for the stage you’re at 

Securely manage your accounts – when and where it suits you

Our award-winning6 digital technology gives you the freedom and flexibility to access, track and manage your money on a range of devices – securely, wherever you are. 

Bank on-the-go with the CommBank app, from your desktop with NetBank, or pay conveniently with your wearable or digital wallet.

Explore our Digital Banking options

Mobile phone with CommBank app accounts screen open

Things you should know

  • 1 Monthly account fee waived for accounts with at least $2,000 deposited each calendar month (excludes Bank initiated transactions). A monthly account fee waiver will also apply if you’re under 25 years of age, or you’re a full-time or part-time tertiary student at an Australian educational institution or undertaking an Australian Apprenticeship on Student Options. You may also be eligible for a different monthly account fee exemption if you have an aged, disability or war veterans’ pension deposited in your account, have a balance of $50,000 or more in eligible contributing accounts, are reliant on over the counter services because of a disability or have an eligible home loan. Find out more about rates and fees.

    2 We'll show you rewards if you have an active eligible card, are over 18, have an Australian home address and are enrolled in CommBank Rewards, and are not in hardship or default. You can claim cashback rewards if you activate the reward and spend the required amount using tap or selecting credit using eligible CommBank credit or debit Mastercards, Business credit cards and StepPay digital cards. CommBank Travel Money, Corporate Credit, Business Debit and pre-paid Mastercards are not eligible. Cashback will be credited to your account typically within 14 business days. Full terms and conditions are available on the CommBank app.

    3 Requires a GoalSaver or NetBank Saver in your name only.

    4 Google Pay is a trademark of Google LLC.

    We’ll cover any loss due to unauthorised transactions on your account, as long as you safeguard your cards, devices, payment documents, client numbers, PINs, passwords and any other access methods, and immediately notify us of their loss, theft or misuse or any suspicious unauthorised activity on your account.

    6 The Canstar 2022 Bank of the Year Award was received in June 2022 for Digital Banking.

    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. View our Financial Services Guide (PDF 60KB). View the full terms and conditions for the transaction and savings accounts mentioned (PDF 660KB) or contact any branch of the Commonwealth Bank. The target market for this product will be found within the product’s Target Market Determination, available here.

    Full terms and conditions of the CommBank app are available on the app. The CommBank app is free to download however your mobile network provider may charge you for accessing data on your phone. NetBank access with NetCode SMS is required. Find out about the minimum operating system requirements on the CommBank app page