What is the SSA?

  • The Superannuation Savings Account (SSA) is a simple, capital guaranteed, low cost superannuation account. The SSA is currently unavailable for new customers but we are committed to supporting our existing customers.

    The money you put into your Superannuation Savings Account is capital guaranteed by the Commonwealth Bank, which means it is safe from market fluctuations. As a complying Superannuation product (under current Government legislation), a condition of release must be met before withdrawals from the account can be processed.

Important Notice – Superannuation Savings Account will be closing

  • Superannuation Savings Account will be closing on 31 July 2026

    On 31 July 2026, we intend to transfer active Superannuation Savings Accounts to the ATO if:

    1. You don’t provide us instruction to transfer your funds to another superannuation fund or Retirement Savings Account before 30 June 2026; or
    2. If eligible, provide us instruction to cash your benefits if you can do so under the law before 30 June 2026.

    We’ll contact you by mail or email from mid-November 2025 to provide more information and let you know what this change will mean for you. You can read a copy of the Significant Event Notice here.

    We have also captured what you need to know about the closure and how it might impact you here.

    Superannuation Savings Account FAQs

Benefits of Superannuation Savings Account 

    • An administration fee of $35 p.a
    • Capital guaranteed up to and including $250,000
    • Easy to take with you when you change jobs

Get your super on track

  • 1. Check if your super is on track to meet your retirement objectives. 

    • Use the superannuation calculator on the Moneysmart website to check what your projected retirement savings will be when you retire.
    • Visit the Moneysmart website for more information on planning for your retirement.
       

    2. Grow your balance

Rates & Fees

Interest rates effective 19 September 2025

Interest rate options
Interest rate1,2
Standard rate
2.75%

From 1 October 2025, the fixed term interest investment rate options are no longer available for establishment.

For further information on fees, features and benefits, see Important documents and forms.

A guide to your Super 

  • Your financial wellbeing is our highest priority. We’ve put together some information to help you understand your super and get your retirement savings on the right track.

    Learn more

Important documents and forms 

Key account information

Super tips

  • Super tips for your 20s

    It's never too early to think about the lifestyle you want when you retire.

    Learn more

  • Super tips for your 30s and 40s

    Superannuation isn't something you set and forget. It pays to review and adjust it as you go through life.

    Learn more

  • Accessing your super

    Find out at what age you can access your super.

    Learn more

  • Leaving Australia?

    Find out what happens to your super when you leave Australia.

    Learn more

Things you should know:

  • Commonwealth Bank of Australia ABN 48 123 123 124, AFSL No. 234945 (Commonwealth Bank) is the issuer of Superannuation Savings Account. Superannuation Savings Account is capital guaranteed by Commonwealth Bank. This information is issued by Commonwealth Bank and may include general advice. As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances and the relevant disclosure documents, available by visiting commbank.com.au/ssa or by calling 133 731.

    Resolution Life Services Australia Pty Ltd ABN 49 631 346 391 (Resolution Life), on behalf of Commonwealth Bank, is the administrator of the Superannuation Savings Account. AIA Australia Limited (AIAA) ABN 79 004 837 861, AFSL No. 230043 provides insurance benefits available through the Superannuation Savings Account under a group policy held by the Commonwealth Bank. Resolution Life and AIAA are not part of the Commonwealth Bank Group.

    1 Gross rate of interest before deduction of Government earnings tax.

    2 Interest on the fixed term option is calculated daily on the full balance and credited at maturity. An early termination fee applies on early termination of any fixed term options.