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

  • Changes to super

    In 2019, a new super law came into effect, Protecting Your Super. Its aim is to ensure super accounts aren’t being eroded by fees and insurance premiums. Below is a summary of what this means for your super – and what you need to do.

    1. Insurance will be cancelled on inactive accounts.
      If we don’t received a contribution or rollover to your Superannuation Savings Account for 16 continuous months, your insurance will be cancelled, unless you write to us to request to keep it.
    2. Fees on low balance accounts will be capped.
      If your Superannuation Savings Account has a balance under $6,000, fees will be capped at 3% and exit fees are banned altogether. Furthermore, if your account balance is below $1,200, you will not be charged the annual administration fee. 
    3. Inactive accounts with low balances will be transferred to the ATO. 
      If your Superannuation Savings Account has been inactive for 16 months and has a balance of less than $6,000, it could be transferred to the Australian Taxation Office (ATO) unless you write to us to request to keep it. 

Benefits of Superannuation Savings Account 

Get your super on track

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

    • Use our Retirement calculator 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


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

48 123 123 124
48 123 123 124 130

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:

  • 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. Please see the Tax and other information brochure for Commonwealth Bank Superannuation Savings Account, available by visiting commbank.com.au/ssa or by calling 13 2015.

    Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (Commonwealth Bank) is the issuer of Superannuation Savings Account. Superannuation Savings Account is capital guaranteed by Commonwealth Bank.

    Superannuation Savings Account is administered by AIA Australia Limited ABN 79 004 837 861 AFSL 230043 (AIA Australia). AIA Australia also provides insurance benefits available through the Superannuation Savings Account under a group policy held by the Commonwealth Bank. AIA Australia is not part of the Commonwealth Bank Group.