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NetBank Saver offers a variable introductory interest rate of 5.10% for the first 5 months on your first account1.
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When it comes to everyday purchases, every saving helps.
With 5 or more eligible transactions every month, you could get access to CommBank Yello our customer recognition program – 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*.
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 have access to CommBank Yello – our customer recognition program.
Tap into bright and shiny benefits like cashbacks, discounts and prize draws when you open or use an existing Smart Access transaction account and make 5+ eligible transactions each month* - it’s our way of thanking you for banking with us.
We reward you with cashback and offers tailored to you when you spend at popular brands with CommBank Yello Cashback Offers.2
Stay in control of your money with our automated tools, set savings goals and start investing in your future.
* 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.com.au/commbank-yello) (‘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 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). Full terms and conditions for the transaction and savings accounts mentioned are available here (PDF 660KB) or from any branch of the Commonwealth Bank.
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