Here’s how to get started

Open a NetBank Saver Account

NetBank Saver offers a variable introductory interest rate of 5.10% for the first 5 months on your first account1.

Not sure if it is right for you?

Compare our options, interest rates, fees and work out which account is right for you.

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We will automatically open a Smart Access account if you don’t have one already

When you open a NetBank Saver, if you don't already have a transaction account we'll automatically open a Smart Access transaction account for you.3,4

This transaction account could open a world of bright and shiny benefits with CommBank Yello, our customer recognition program. 

Say hello to savings with CommBank Yello

When it comes to everyday purchases, every saving helps. 

With 5 or more eligible transactions every month, you could get access to CommBank Yello – designed to help save you money. Get access to regular cashbacks, discounts and prize draws all for making regular transactions on your Smart Access account*.

Open a NetBank Saver Account Now

Maximise your savings with NetBank Saver

Receive a variable introductory interest rate of 5.10%1 for the first 5 months and use our savings tools that let you set goals and track your progress effortlessly. Plus, we’ll automatically open a Smart Access transaction account for you giving you the opportunity to access CommBank Yello – our customer recognition program.

Discover NetBank Saver Account

CommBank Yello - our customer recognition program

Get access to cashback, discounts and monthly prize draws with CommBank Yello. Save on everyday purchases with personalised benefits, while you bank with us.

Check how CommBank Yello works

How to find your offers

  1. Open the CommBank app and tap ‘CBA Yello’  
  2. Scroll to ‘Offers’ and tap ‘View all

You must opt in to view offers. Eligibility is typically assessed at the start of the month.*

Why choose a Smart Access account? 

CommBank app awards

Better everyday banking

Easily manage your money with the support of our digital banking tools - all in the CommBank app.

Unlock everyday benefits

We reward you with cashback and offers tailored to you when you spend at popular brands with CommBank Yello Cashback Offers.2

Support to manage your financial future

Stay in control of your money with our automated tools, set savings goals and start investing in your future. 

Start your investing journey, straight from the CommBank app

Looking to make your money go even further? Tap into the world of investing directly from the CommBank app. Simply log in to the CommBank app and tap the ‘Investing’ tile from your app dashboard or Library to start exploring.^

Check out how investing works

Make more of your money with NetBank Saver and a Smart Access Account

    • If you don’t have an existing transaction account to link to your NetBank Saver, then we’ll automatically open a Smart Access account for you when you open a NetBank Saver.3 Fees may apply to this account4
    • Get a variable introductory interest rate of 5.10% for the first 5 months with NetBank Saver Savings Account1
    • Make regular transactions to gain access to CommBank Yello*
    • Manage your money with smarter digital banking tools
  • Open a NetBank Saver Account Now

Things you should know

  • * Ongoing eligibility conditions apply – see CommBank Yello page for full terms and conditions.  

    The CommBank Yello Cashback Offers program (‘CommBank Yello Cashback Offers’) rewards you with cashback after you activate (where required) an offer presented to you via the CommBank app and you make a purchase in accordance with the Terms and Conditions of that offer. Cashback is typically received within 14 business days of a qualifying purchase, but in some cases may take longer. If you are not already enrolled, you can enrol if you are at least 18 years old, hold an eligible CommBank credit Mastercard or debit Mastercard, Business credit Mastercard or StepPay digital card, and meet the ‘Base eligibility criteria’ in the ‘CommBank Yello Terms and Conditions’ (latest version available on our website at (‘CommBank Yello’). Your participation in CommBank Yello Cashback Offers is governed by the full Terms and Conditions available in the CommBank app.

    1 Open a NetBank Saver for the first time from 16 November 2023 and you’ll receive a variable introductory interest rate for the first 5 months after account opening. The variable introductory rate is currently 5.10% p.a., which includes a fixed bonus margin of 2.75% p.a. above the NetBank Saver standard variable rate, currently 2.35% p.a. At the end of the introductory rate period the NetBank Saver standard variable rate applicable at that time will apply. This introductory rate offer is available for a limited time only and the Bank reserves the right to terminate this offer at any time. The variable introductory interest rate will not apply to NetBank Saver accounts which are jointly owned where one of the account holders has previously held a NetBank Saver account.

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

    3 Eligible CommBank transaction account can be Smart Access, Complete Access, Everyday Offset, Pensioner Security or Streamline Basic account in the same name as your NetBank Saver account. If you don’t have an existing eligible transaction account, we will open a Smart Access account under the same name as your NetBank Saver.

    4 Fees may apply to this account. If you’re eligible, you can ask us instead to open a Streamline Basic account – which has no monthly account fees. You can open a Streamline Basic account if you hold an Australian Government issued Commonwealth Seniors Health card, Pensioner Concession card, or a Health Care card. To open a Streamline Basic and link this to your NetBank Saver, visit a branch. Find out more here.   

    ^The new investing experience features and functionality in the CommBank app is only available for CommSec Pocket and individual CommSec Australian Share accounts. Other account types can be viewed through Accounts list, or through CommSec app and platforms.

    Trading involves risk, including potential loss of your investment. The value of your investment may go down as well as up.

    Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945.  CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.

    Investing carries risks. The minimum allowable size of your investment is subject to fluctuations in ETF unit prices. Brokerage is charged at $2 per trade, for trades up to $1,000 and 0.20% for trades above $1,000. To operate a CommSec Pocket account, you’ll need an eligible CommBank transaction account.

    The target market for these products will be found within the product's Target Market Determination, available here.

    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). You can view the full terms and conditions for the transaction and savings accounts, and the CommSec Pocket Terms and Conditions, Share Trading Terms and Conditions, Best Execution Statement and should consider them before making any decision about these products and services..

    Find out about the minimum operating system requirements for the CommBank app on the CommBank app page. 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.