Get started

  • Get your banking sorted with these simple steps:

    1. Find out what’s the difference between a transaction and savings account
    2. Choose the right account for you
    3. Download the CommBank app  to get quick and easy access to your money from your device 24/7
    4. Use Money Plan in the CommBank app to help you keep track of your spending and saving. You can also set savings goals, so you can get the things you’re after sooner.

Transaction accounts

Transaction accounts (also called ‘everyday’ accounts) give you easy access to your money for those everyday things you need – like food, transport, and going out. They’re also usually where your wages get paid into.

Everyday Account Smart Access

Everyday Account Smart Access is our transaction/everyday account for your day-to-day banking.

With our Everyday Account Smart Access, you’ll get:

  • The ability to bank anywhere, anytime with the CommBank app and NetBank – Australia’s #1 online bank
  • $0 monthly account fees while you’re under 30
  • The option to get a Debit Mastercard® to pay for things with your own money – online, over the phone, in-store and overseas

If you’re 14 or over and have an Australian residential address, you can open an Everyday Account Smart Access for yourself online.

If you’re under 14, your parent/legal guardian can check out our Kids page for more details.

More about Everyday Account Smart Access

Savings accounts

Savings accounts help you put money aside - and usually offer better interest rates than transaction accounts - so you can save up for the things you want. 

You have a couple of options if you want to open a savings account with us:

NetBank Saver

With a NetBank Saver, you'll get:

  • A flexible way to save and earn interest
  • An account with no minimum deposit
  • An online savings account linked to your Everyday Account Smart Access, so you can easily move money from your everyday account to your savings account
  • To create savings goals in the CommBank app, so you can track your progress

If you’re 14 or over, you can open a NetBank Saver account with us online.

If you don’t already have an Everyday Account Smart Access or aren’t registered for NetBank, we’ll automatically get these sorted for you if you’re eligible to open a NetBank Saver online.

If you’re under 14, you won’t be able to open a NetBank Saver account, but your parent/legal guardian can check out our Kids page for other options.

More about NetBank Saver


With a Youthsaver, you'll get:

  • Zero monthly account fees
  • A bonus interest rate when you grow your balance each calendar month

If you're 14 or over, you’ll need to visit your nearest branch with your birth certificate or passport to open a Youthsaver account.

A parent or legal guardian can open a Youthsaver account online for you if you're under 14.

More about Youthsaver

The CommBank app

For over 14s

Get easy access to your money – when and where it suits you – with the CommBank app:1

Tell me more about the CommBank app

Tips for teens

Learning how to spend, save and budget

Developing good money habits starts at a young age.

Follow these basic money tips

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

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

Buying your first car

Your first car is an exciting purchase. To help you get a good buy, here’s what to do and some key questions to ask.

See tips for buying your first car

Things you should know

  • 1 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. NetBank access with NetCode SMS is required.

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

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

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

    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.