1 Requires a GoalSaver or NetBank Saver in your name only.
2 These rates are current as at 23 July 2019 p.a. but are subject to change at the Bank’s discretion.
3 Interest is paid on the portion of the balance that falls within each band.
If you meet the requirements to earn bonus interest you will earn 1.15% p.a. on your first $49,999, then 1.50% p.a. on the amount you have between $50,000 and $249,999, then 1.85% p.a. on the amount you have between $250,000 and $999,999. On balances of $1 million and over the standard rate applies.
Applications for accounts where funds are held in trust cannot be accepted online. If you wish to open a trust account, please apply at any branch.
The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 60KB). Full terms and conditions for the transaction and savings accounts mentioned are available here (PDF 660KB) or from any branch of the Commonwealth Bank.
The CommBank app is available on Android operating systems 4.4+ and iOS operating system 9.0+. NetBank access with NetCode SMS is required. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google Play and Android are trademarks of Google Inc.