Help us improve our website by completing a quick survey. Start survey now

About GoalSaver


  • Get a great ongoing variable bonus rate when you save regularly
  • Earn bonus interest when you grow your balance by at least $200 by the end of the calendar month and make no more than one withdrawal in that month (earned on balances up to and including $100,000)
  • Available for new and existing customers
  • No monthly account fees
  • No minimum balance to open the account. A maximum of two GoalSaver accounts per customer
  • Instant access to your money in branch, online or through phone banking
  • Access to BPAY®, International Money Transfer and bank cheques (in branch)
  • GoalSaver account is not a transaction account, therefore customers will not be able to set up NetBank scheduled transfers or automatic funds transfers out of the account.

How to apply

  • Australian residential address
  • Tax File Number (TFN) or TFN Exemption. You do not have to provide your TFN to open the account, but if you don’t CommBank is legally required to deduct tax from any interest earned on the account above a certain threshold

Your NetBank Client Number (if you’re a NetBank customer).

  • If you are 16 years or over
  • If you are opening the account in personal names (maximum of two applicants for joint accounts) and the account is for personal use
  • If you don’t have two or more GoalSaver accounts
  • Applications for accounts where funds are held in trust cannot be accepted online
  • If you wish to open a trust account, please apply at any branch

If you have questions or can’t apply online, call 13 2221 anytime.

Rates and fees

  • Earn a 3.91% p.a.* variable bonus rate on balances up to and including $100,000
  • To qualify, you need to increase the closing account balance 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 rate of 0.01% p.a. applies on the portion of the balance over $100,000 and/or if the above conditions are not met

Related products

NetBank Saver

A high-interest online savings account that links to your CommBank transaction account and provides instant access to your money whenever you need it.

Learn more


Designed for under 18s, the Youthsaver savings account sets you on the path to financial freedom with bonus interest for regular savings.

Learn more

Term Deposits

Enjoy a fixed rate of return for the nominated term, so you know exactly what your investment's worth. Invest amounts from $5,000.

Learn more

How can we help you?

Important information

*Rate includes a variable bonus interest rate of 3.90% p.a. above the standard variable interest rate of 0.01% p.a., which 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. The above rates are current as at 13 January 2014 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). Full terms and conditions for the transaction and savings accounts mentioned are available here (PDF 660KB) or from any branch of the Commonwealth Bank.