Get started in three simple steps

Open a transaction account for everyday purchases like food, transport and going out. It also includes a physical and digital Debit Mastercard® for purchases online, instore and overseas.

Open a Savings account to earn interest while saving for things you want.

Download the CommBank app to keep track of your money from your mobile any time.

Choose a bank account 

Everyday account

A transaction account to pay for everyday things.   

The Smart Access account could be for you if you want:

  • Easy access to your money for your day-to-day
  • Access to tools that can help you keep track of your spending with Australia’s best banking app1

Discover Smart Access

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For flexible savers

The NetBank Saver is a savings account that gives you the flexibility to move money to and from your linked CommBank transaction account.

This account could be for you if you want:

  • The flexibility to move money in and out and still be able to save and earn interest 
  • An account with no minimum deposit

Discover NetBank Saver

 

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For regular savers

The Youthsaver account is a savings account for consistent savers who can grow their balance each month.  

This account could be for you if you want to:

  • Save for a goal, for example a new phone
  • Save regularly
  • Earn bonus interest2 when you grow your savings balance each calendar month

Discover Youthsaver

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Why CommBank?

Better everyday banking

Easily manage your money with the support of smarter digital banking tools like Money Plan - all in Australia's best banking app.1

Every dollar counts

$0 transaction or monthly service fees.

Fee-free cash withdrawals when using a CommBank ATM - Australia’s largest bank owned ATM network3

Earn interest on your savings

Earn variable bonus interest2 when you grow your savings each calendar month with a Youthsaver account.

The CommBank app, Australia’s best banking app1

  • You can easily access your money whenever and wherever you need it. With the latest security features, the CommBank app protects you from scams and fraud, so you can manage your money with confidence.

    You can:

    Discover the CommBank app

Tips for teens and young adults

The difference between a transaction and savings account

So you can decide which might best suit your needs.

Tips on choosing an account

Learning how to spend, save and budget

No time like the present to take charge of your finances.

Start with simple money tips

Staying in control of your money

Staying in control of your money can be hard, especially if you’re pressured to do things you’re not comfortable with.

Stay in control with these tips

Tips for finding your first job

Whether it's weekend or casual work, or a job over summer, here are some tips to help you land your first job.

Get tips for finding your first job

Understanding your payslip

You've landed your first job - now it's time to get to know and understand your payslip.

Learn more about your payslip

Staying scam aware

Whether you’re working online or surfing the net, learn how to safe stay online and avoid scams.

Avoid online scams with these tips

Where to get help

Things you should know

  • 1 Canstar 2024 Digital Banking Bank of the Year. 

    2 Excludes interest and transactions initiated by the Bank. To qualify for bonus interest you must:

    • Make at least one deposit of any amount into your account in the calendar month; and 
    • Have a higher account balance at the end of the calendar month than at the start of the calendar month. If you withdraw from your account, deposit more money than you withdrew in the calendar month.

    3 Independent ATM providers may charge a withdrawal fee.

    4 Up to $500 can be withdrawn without a card per day. CommBank app, NetBank, NetCode and account access required.

    5 Recipient must have an Australian bank account to receive money.

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

    The target market for this product will be found within the product’s Target Market Determination.

    As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. Terms and conditions for Transaction, Savings and Investment Accounts (PDF) and Electronic Banking (PDF) are available here or from any Commonwealth Bank Branch and should be considered in any decision about these products. A Commonwealth Bank transaction account is required to open a NetBank Saver. Please view our Financial Services Guide (PDF). If you have a complaint in respect of these products, the Commonwealth Bank's dispute resolution service can be accessed on 13 2221.

    Mastercard is a registered trademark of Mastercard International Incorporated. 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. Android and Google Play are trademarks of Google Inc.