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Compare our accounts

Everyday Account Smart Access

Everyday Account Complete Access

Pensioner Security Account

The all-in-one everyday banking account with the flexibility you need.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

All the features of Smart Access but with the option of face-to-face banking in addition to banking electronically.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

An everyday bank account with competitive interest for pensioners or retirees (over 55 years of age).

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Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

$4 monthly account fee.

Monthly account fee waived if you're under 21, a student or deposit at least $2,000 each month (or $1,000 if you're 21 - 24 years of age).*

$6 monthly account fee.

Monthly account fee waived if you're under 21, a student or deposit at least $2,000 each month (or $1,000 if you're 21 - 24 years of age).*

$0 monthly account fee.

Unlimited electronic withdrawals.+

Unlimited electronic and assisted withdrawals in branch or over the phone.+

Up to 15 free electronic withdrawals a month (electronic option).~

Minimum opening balance of $2,000 required.

Choose a Debit MasterCard® to pay with your own money.

Choose a Debit MasterCard® to pay with your own money.

Choose a Debit MasterCard® to pay with your own money.

Access your money in more ways with the CommBank App:

  • See your balance in just one swipe with simple balance
  • Withdraw money from an ATM without a card, using cardless cash**
  • Tap & Pay at any MasterCard® PayPass™ terminal with your compatible mobile (limits apply).##

Access your money in more ways with the CommBank App:

  • See your balance in just one swipe with simple balance
  • Withdraw money from an ATM without a card, using cardless cash**
  • Tap & Pay at any MasterCard® PayPass™ terminal with your compatible mobile (limits apply).##

Access your money in more ways with the CommBank App:

  • See your balance in just one swipe with simple balance
  • Withdraw money from an ATM without a card, using cardless cash**
  • Tap & Pay at any MasterCard® PayPass™ terminal with your compatible mobile (limits apply).##

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

NetBank Saver Account

GoalSaver Account

Pensioner Security Account

Youthsaver Account

An online savings account with unlimited transfers to and from a linked transaction account.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

A savings account that rewards regular savers with a variable bonus rate on balances up to and including $100,000.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

An everyday bank account with competitive interest for pensioners or retirees (over 55 years of age).

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

An account for under 18s that rewards regular savers with bonus interest.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

Earn a variable introductory rate, currently 2.85% p.a. for the first three months on your first NetBank Saver on balances up to $5 million.

This includes 1.00% p.a. fixed bonus margin above the current standard variable rate of 1.85% p.a.^

Earn a variable bonus interest rate of 2.90% p.a. when you grow your balance by at least $200 by the end of the calendar month while making no more than one withdrawal within the same period.#

Earn competitive interest rates (paid on the portion of the balance within each tier).

Find out more.

Earn a bonus interest rate when you make at least one deposit and no withdrawals in a calendar month.

Interest calculated daily and paid monthly on the first calendar day of the following month.

Interest calculated daily and paid monthly on the first calendar day of the following month.

Interest calculated daily and paid quarterly (March, June, September and December).

Interest calculated daily and paid quarterly (March, June, September and December).

$0 monthly account fee and no withdrawal fees, however fees may apply to linked transaction account.

$0 monthly account fee.

$0 monthly account fee.

$0 monthly account fee.

Variable introductory rate applies to balances up to $5 million.^

Bonus rate applies to balances up to and including $100,000. Standard rate of 0.01% p.a. applies if you don't meet the conditions.#

Minimum opening balance of $2,000 required.

Rate applies to full balance of account.

Access your money online at any time with a linked transaction account.

Access your money online, in branch or over the phone.

Access your money online, in branch or over the phone or choose a Debit MasterCard® to pay with your own money directly out of your savings.

Access your money online, in branch or over the phone or choose a keycard if you're over 16 to pay with your own money directly out of your savings^^.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don't bank online with us?

Open now

or

More reasons to choose CommBank

CommBank app

Our industry-leading app gives you even more ways to bank with Cardless Cash, Tap & Pay, a one swipe simple balance, and branch locator.

Download or learn more

NetBank

Money magazine 'Banking Website of the Year 2014', gives you an easy, convenient and secure way to do your banking online.

Register or learn more

More ways to bank

With a Commonwealth Bank bank account you can enjoy the choice of over 4000 ATMs and 1000 branches, or choose a debit MasterCard® with your transaction account to pay with your own money online.

Learn more

Things to know before you can

Transaction accounts

*Monthly account fee waived for accounts opened after 1 June 2010 with at least $2,000 deposited each calendar month and from 17 October 2011, if you are 21 to 24 years old you will be exempt from monthly account fees if you deposit at least $1000 into the account each calendar month (excludes Bank initiated transactions). You may also be eligible for a different monthly account fee exemption if you are under 21, a full time student, have an aged disability or war veterans pension deposited in your account, have a balance of $50,000 or more in eligible contributing accounts, are part of a wealth package or are reliant on over the counter services because of a disability.

+Access fees may apply. Unlimited withdrawals excludes ATMs overseas, EFTPOS transactions overseas or involving currency conversion, transfer group payments to third parties using NetBank, IMTs and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. Smart Access also excludes assisted phone, branch and agency withdrawals and cheques written.

~If you are on the Electronic option (automatic unless you choose the Full Access option when you open the account) you are entitled to make 15 electronic withdrawals per month. If you choose the Full Access option, you may make two assisted and five electronic withdrawals each month.

**Up to $500 without a card withdrawal per day. CommBank app, NetBank, NetCode and account access required.

##Tap & Pay allows you to use your compatible iPhone or Android mobile phone to make MasterCard® PayPass™ purchases up to $100 or other limit as set by the merchant. NetBank and CommBank app access required. Tap & Pay is available  for compatible NFC enabled phones running Android 4.4 or above – Eligible transaction accounts only, not available for credit cards at this time. Other phones may Tap & Pay by ordering a CommBank PayTag in the app. A one-off purchase price of $2.99 applies for the PayTag.

 

Savings accounts

^The introductory NetBank Saver variable rate of currently 2.85% p.a. includes a fixed bonus margin of 1.00% p.a. above the NetBank Saver standard variable rate of currently 1.85% p.a for three months on balances up to $5 million. At the end of the introductory rate period and for balances greater than $5 million, the NetBank Saver standard variable rate applicable at that time will apply.  A linked transaction account is required.

The above rates are current as at 28 July 2015 but are subject to change at the Bank’s discretion.


#The variable bonus interest rate is paid on account balances up to and including $100,000 if the closing balance is increased by at least $200 (excluding interest earned on the account) by the end of the calendar month, with no more than one withdrawal in that month. The standard variable rate of 0.01% p.a. will apply on any portion of the balance over $100,000. A maximum of two (2) GoalSaver accounts per customer can be opened.

The above rates are current as at 22 June 2015 but are subject to change at the Bank’s discretion.

^^Under 16? – you'll need permission from your parent or guardian to open an account and for a Keycard. If they do your banking, they can link your Youthsaver to their CommBank accounts and their NetBank, making it easy to access. They can also provide you with enquiry-only NetBank access to check your savings online.

 

Important information

MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated.

The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 60KB). View the full terms and conditions for the transaction and savings accounts mentioned here (PDF 660KB) or from any branch of the Commonwealth Bank. Other fees and charges apply.

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