Help & support
The reference rates listed below are our variable interest rates before any discounts have been applied, such as Wealth Package discounts or personalised rates tailored at application submission.
With a decrease in interest rates, your minimum required repayment amount may also decrease.
From 31 May 2025, you can check to see if your new minimum required repayment amount is lower than your current repayment amount. You can choose to keep paying your current amount or reduce it to the new minimum.
If you would like to review and adjust your repayment amount, you have the following options:
If you have a direct debit set up, you can request to reduce your direct debit amount by:
If you don’t have an existing direct debit set up, you can review your minimum required repayment amount:
In the CommBank app:
In NetBank:
If you're making Interest Only payments or you have a line of credit, the interest payable and your payment will automatically decrease when the new rate takes effect on 30 May 2025.
You’ll be able to see your new interest rate in the CommBank app and NetBank from 31 May 2025.
In the CommBank app, you can:
In NetBank, you can:
For ways to manage your home loan, visit the ‘Manage your home loan’ page on our website.
We will decrease the interest rates for the following savings products effective 30 May 2025:
New savings rates
You can log on to the CommBank app or NetBank to see the current interest rate for your Savings account or Term Deposit. Or alternatively, you can go to our account pages below to see the most up-to-date rates.
You can check the interest rate for your savings accounts in the CommBank app or NetBank.
For the CommBank app:
If you have any questions, you can message us in the CommBank app.
If you need financial support, you can contact our Financial Assistance Solutions team.
^ The reference rate is our variable interest rate before any discounts. Your current interest rate can be found in NetBank and the CommBank app.
* Any customer opening their first NetBank Saver from today will receive a variable introductory interest rate for the first 5 months after account opening. The variable introductory rate is currently 4.90% p.a. (decreasing to 4.65% p.a. from 30 May 2025), which includes a fixed bonus margin currently at 2.75% p.a. and the NetBank Saver standard variable interest rate, currently 2.15% p.a. (decreasing to 1.90% p.a. from 30 May 2025). At the end of the introductory rate period, the NetBank Saver standard variable interest 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.
Commonwealth Bank of Australia ABN 48 123 123 124. Australian credit licence 234945.
