Personal - Savings accounts - CommBank

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Our most popular accounts

  • Helps you to save by rewarding regular savers with a variable bonus rate on balances up to and including $100,000.
  • Simply grow your balance by at least $200 (excluding interest and bank initiated transactions) by the end of the calendar month and make no more than one withdrawal per month to enjoy a great interest rate of 2.90% p.a.^ on balances up to $100,000.
  • No monthly account fee or minimum balance required.
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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?

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  • A savings account with the flexibility to move money in and out of your linked CommBank transaction account.
  • Open a NetBank Saver account for the first time from 13 May 2015 and receive an introductory variable rate, currently 2.75%* p.a. (includes a fixed bonus margin of 0.75% p.a.) for three months on balances up to $5 million.
  • No monthly account fee or minimum balance required.
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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

Other savings accounts

Youthsaver

YouthSaver

  • If you're under 18, enjoy bonus interest for saving regularly.
  • To qualify, make just one deposit and no withdrawals each month.
  • No monthly account fee.
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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

Pensioner Security Account

Pensioner Security Account

  • An everyday bank account with competitive interest for the over 55s.
  • No monthly account fee.
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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

Commonwealth Direct Investment Account

Commonwealth Direct Investment Account

  • If you've sold a property or cashed-in a share portfolio, a Commonwealth Direct Investment Account could be the ideal place to grow your funds while you plan your next move.
  • Minimum opening balance of $10,000.
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Learn about budgeting and planning

There may be times when you need access to extra funds to pay for emergencies or unexpected bills. That’s where having a backup plan can help.

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A budget is a detailed monthly plan showing where your money is coming from, how much is there and where it goes. Having one is an excellent way to keep your finances in order.

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Take control of your finances, reduce or eliminate debt and maximise saving capabilities by keeping your spending in check.

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No matter what you’re saving for – a holiday, a car, or a home loan deposit, we can help you get there sooner.

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Things to know before you Can:

*The introductory NetBank Saver variable rate of currently 2.75% p.a. includes a fixed bonus margin of 0.75% p.a. above the NetBank Saver standard variable rate of currently 2.00% 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 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.

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.

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