Help & support
Enjoy limited time deals when you bank with CommBank
Terms & Conditions
~Youthsaver x Kit Offer
Eligibility Conditions
To be eligible for this promotion, you must have (a) successfully created a Kit account for the Kit product (Kit Account) through the Kit app, including linking a parent/guardian bank account (Boss Linked Account), (b) at least one child profile associated with the Kit Account, (c) successfully opened a CommBank Youthsaver account, and (d) linked each eligible Youthsaver account to the corresponding Kit child profile in the Kit app from 9 April 2026 (12:01am AEST) to 31 May 2026 (11:59pm AEST) (‘the offer period’). The Youthsaver account(s) and Kit Account must both remain open and active during the offer period to be eligible for the bonus.
Getting Your $20 Bonus
A $20 bonus will be credited to the relevant Kit child profile for each separate eligible Youthsaver account successfully linked during the offer period, up to a maximum of $20 per Kit child profile and up to a maximum of $100 per Kit membership (equivalent to up to five eligible child accounts). The payment is typically processed within one week of linking the Youthsaver account to Kit, but in some cases may take longer. Payment will appear as <Kit bonus> on the Kit child profile. No further claiming is required.
This is a limited time only offer. Kit reserves the right to change, end, or extend this offer at any time as permitted by law.
For all enquiries, you can reach out to Kit at Help Centre
Kit is a brand of CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 trading as HEY KIT. CBA New Digital Businesses Pty Ltd is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124 (CBA). CBA New Digital Businesses Pty Ltd is not an Authorised Deposit-taking Institution for the purposes of the Banking Act 1959 and its obligations do not represent deposits or other liabilities of Commonwealth Bank of Australia or its subsidiaries, and therefore you may be exposed to investment risk including possible delays in repayment and loss of income and principal invested, as relevant. CBA New Digital Businesses Pty Ltd has been appointed as authorised representative (001296799) of Hay Limited (ABN 34 629 037 403 AFSL 515459), who is the issuer of the Kit Account and associated Kit Cards. View the CBA New Digital Businesses Pty Ltd Financial Services Guide (PDF). Any advice provided is general only and does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. Please consider the Product Disclosure Statement (PDF), before making any decision about the products. Fees and charges may apply. View the Target Market Determination (PDF). Please visit Important Legal Information to access detailed terms and conditions about our app and the services, our Privacy Policy (PDF) and other important legal documents.
CBA New Digital Businesses Pty Ltd (ABN 38 633 072 830), trading as Hey Kit, has been appointed as authorised representative (001296799) of Commonwealth Bank of Australia (ABN 48 123 123 124 AFSL 234945) who is the issuer of the CommBank Youthsaver account.
* No monthly account fees apply. For NetBank Saver, fees may apply to a linked transaction account. Other fees may apply. See all fees in our Transactions and Savings Terms and Conditions.
^ Requires a GoalSaver or NetBank Saver in your name only.
1 Open a NetBank saver account for the first time and you’ll receive a variable introductory interest rate for the first 5 months after account opening. The variable introductory rate is currently 4.95% p.a., which includes a fixed bonus margin of 3.00% p.a. above the standard NetBank Saver standard variable rate, currently at 1.95% p.a. Rates effective 27 March 2026 but subject to change. At the end of the introductory rate period the NetBank Saver standard variable rate applicable at that time will apply. 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. This introductory rate offer is available from 27 March 2026 for a limited time only and the Bank reserves the right to terminate this offer at any time.
2 Total variable rate is 4.75% when you grow your balance each calendar month (excluding interest payments and transactions by the Bank) and comprises of a Standard Variable Rate of 0.25% and a Bonus Variable Interest Rate of 4.50%. The standard variable rate of 0.25% p.a. will apply if the bonus interest conditions aren't met.
3 Special offers disclaimer:
Available on balances from $5,000 to $5,000,000 with interest paid annually. Special Offers are available on Term Deposits opened or renewed by personal or Self-Managed Super Fund (SMSF) customers only. The offer is not available to all other Business customers (including Financial Institutions). Personal and SMSF customers can access this special offer online via NetBank and the CommBank App, or visit their nearest branch. For renewing Personal Term Deposits, customers can also call 13 2221. For renewing SMSF Term Deposits, customers can call 13 1998. Rates are subject to change.
4 Awarded ‘Bank of the Year – Digital Banking’ for 2025 (for the 16th year in a row) by Canstar in May 2025.
5 4.80% p.a. total variable rate when you grow your balance (excluding interest and transactions initiated by the Bank) each calendar month on balances up to and including $50,000. The total variable Rate comprises of a standard variable interest rate of 2.00% and a bonus variable interest ratee of 2.80%. For the portion of the balance over $50,000 and/or if the bonus criteria isn't met, the standard variable rate will apply.
6 Not available on Pensioner Security Accounts and Business Transaction Accounts.
7 Ongoing eligibility conditions apply, see commbank.com.au/commbankyello for more information and the full terms and conditions.
The target market for these products will be found within the product’s Target Market Determination.
The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF). Full terms and conditions for the transaction and savings accounts mentioned are available here (PDF) or from any branch of the Commonwealth Bank.
Full terms and conditions of the CommBank app are available on the app. The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. Find out about the minimum operating system requirements for the CommBank app on the CommBank app page.
