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.

News & updates

  • Employer contributions

    We’re no longer able to accept employer contributions via CBA branch, BPAY or Regular Savings Plan (RSP). All employer contributions need to be made online via SuperStream or the Small Business Superannuation Clearing House. If your employer is still making employer contributions for you via these methods, please refer them to the ATO website.

    Change in payment method

    As of 25 April 2024, mailed cheques to the Superannuation Savings Account Locked Bag will no longer be accepted. However, you can still deposit cheques into your SSA account in person at any CBA branch. For all other payment methods, please refer to the Tax and other information brochure.

Benefits of Superannuation Savings Account 

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 18 December 2023

Interest rate options
Interest rate1,2
Standard rate
Fixed term – 1 year
Fixed term – 2 years
Fixed term – 3 years

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 Minimum opening deposit for a fixed term option is $5,000.00. Interest on the fixed term option is calculated daily on the full balance and credited semi- annually and at maturity. An early termination fee applies on early termination of any fixed term options.