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Choose a savings account

Unlimited transfers to and from your CommBank transaction account and offers a competitive variable introductory rate.

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

Be rewarded and reach your savings goal with a variable bonus rate when you regularly save each month.

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

Enjoy a fixed rate of return for the nominated term, so you know exactly what your investment’s worth.

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

Here's what you get

Flexibility

Flexibility

Whether you want instant transfers, access to your money or to choose the term of your term deposit, we’ve got an account to suit you.

No monthly account fee

No monthly account fee#

There’s also no minimum balance to open a NetBank Saver and GoalSaver. Our term deposits let you invest from $5,000.

Easy to use online banking

Easy to use online banking

See and manage your savings – and set up savings goals – in NetBank.

Award winning mobile banking

Award winning mobile banking

Our CommBank app, also available for your smartwatch, lets you manage your savings on the go.

Saving tips and tools

Savings calculator

Find out how much you could save and how long it will take.

How to become a better saver

Our Academy of Saving helps you reach your savings goals, whether it's a new car, rainy day or that trip of a lifetime.

How to create a budget

A step by step guide to see where your money’s coming from and where it goes.

Things you should know:

There are no fees for using your NetBank Saver but fees may apply to your linked Commonwealth Bank transaction account. Term deposits have no set up or establishment fee, but if you seek prepayment of your term deposit prior to its maturity date, you must give 31 days’ notice and may incur an interest adjustment and be charged an administration fee.

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 (PDF 660KB) or from any branch of the Commonwealth Bank.