How is Future Home Saver bonus interest calculated?
Last updated 30 March 2017
Bonus interest is calculated on the daily closing balance of your Future Home Saver account and will start accumulating as soon as you open your account and make a deposit.
Since bonus interest only gets paid when you fund an eligible CommBank home loan, it is non-compounding. Which means that interest is not paid on bonus interest as it accumulates.
Future Home Saver is currently available at a select number of Queensland branches.