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    • Commonwealth Bank NetBank Saver

    Compare other
    savings accounts

    • 3.75%

    • 5.20%

    Rates

    Rates
    Balances from $1: 3.75%pa
    Special Rates
    Balances from $1: 5.20%pa
    Special rate conditions
    Special rate is a fixed 1.45% above the standard rate for the first 3 months.

    Features

    Atm access
    no
    Daily atm withdrawal limit
    $
    Eftpos card
    no
    Mastercard debit card
    no
    Visa debit card
    no
    Branch access
    no
    Cheque book
    no
    Phone banking
    yes
    Internet banking
    yes
    Bpay
    no
    Australia post banking
    no
    Other restrictions
    Must link to a transaction account with this provider
    Other benefits
    none
    Kids ages
    none

    Fees

    Account fee
    $0.00
    Account fee waiver
    none
    Free transactions per month
    unlimited free transactions from phone and internet
    Network ATM fee
    $
    ATM networks
    none
    Other bank ATM fee
    $
    Over the counter deposit fee
    $
    Over the counter withdrawal fee
    $
    Eftpos fee
    $
    Phone fee
    $0.00
    Internet fee
    $0.00
    Cheque fee
    $

    Other financial bits

    Minimum opening deposit
    $0.00
    Minimum balance
    $0.00
    Interest paid
    Monthly

    About Commonwealth Bank

    The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

    How are Commonwealth Bank savings accounts rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Commonwealth Bank savings accounts 7.2 Based on 1296
    Commonwealth Bank savings account reviews     		6.2 5.9 7.4 8.1 7.3

    Read Commonwealth Bank savings account reviews by the Mozo community

    Latest reviews of Commonwealth Bank NetBank Saver

      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

        More Commonwealth Bank savings accounts

        * Fees and charges are payable

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        Fantastic service, no matter what the enquiry.

          11. Overall customer rating
          12. (Reviewed 4 days ago)

        Commonwealth are always fantastic over the phone, instore and online, I would definately recommend using Commonwealth's netbank saver to anyone. It's so quick and easy, I have been with other banks and found they were much more difficult to unders...       Full review 

        Commonwealth are always fantastic over the phone, instore and online, I would definately recommend using Commonwealth's netbank saver to anyone. It's so quick and easy, I have been with other banks and found they were much more difficult to understand.


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        Commonwealth Bank NetBank Saver savings account review by Jade from New South Wales

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        * Fees and charges are payable

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        Good security code method

          11. Overall customer rating
          12. (Reviewed 4 days ago)

        I am very satisfied with the netbank savings account and the security code I think is safe too, a new number every time I log in.       Full review 

        I am very satisfied with the netbank savings account and the security code I think is safe too, a new number every time I log in.


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        Commonwealth Bank NetBank Saver savings account review by Maria from New South Wales

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        * Fees and charges are payable

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        Banking made easy everyday!

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        I love the fact that the interest rate is 5.75% pa and that they give you 6.75% for the first few months. The staff at Commbank have always been really helpful and banking is just so easy with them!       Full review 

        I love the fact that the interest rate is 5.75% pa and that they give you 6.75% for the first few months. The staff at Commbank have always been really helpful and banking is just so easy with them!


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        Commonwealth Bank NetBank Saver savings account review by Nicole from Western Australia

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Very good and efficient customer service

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        I have been with Commonwealth since i was a baby and my parents put 50cents every week into my "dollarmite" account. I have always had very good and efficient customer service. The only downfall i think is they need more CB ATM's around sydney.       Full review 

        I have been with Commonwealth since i was a baby and my parents put 50cents every week into my "dollarmite" account. I have always had very good and efficient customer service. The only downfall i think is they need more CB ATM's around sydney.


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        Commonwealth Bank NetBank Saver savings account review by Rachel from New South Wales

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Solid savings account with no fees for students!

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        The net bank saver is a great account particularly for students! There are no fees and you can move money into and out of the account free of charge with online banking. The bank is trustworthy and extremely stable in terms of your money growing ...       Full review 

        The net bank saver is a great account particularly for students! There are no fees and you can move money into and out of the account free of charge with online banking. The bank is trustworthy and extremely stable in terms of your money growing slowly and steadily with no unexpected losses. That being said, the account is basic, having the account doesn't help with points or frequent flyer advantages and the online process of transferring money can be cumbersome. However overall it is an excellent product that I would record to any student needing to save for travel and the future!


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        Commonwealth Bank NetBank Saver savings account review by Arjun from Tasmania

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Things explained in my languange, not bank. Good!

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        I love this product. Being a poor Uni student you are always looking for ways to save money.. anywhere! When I look at my savings accounts, it reminds me that I have sooo many things I want to do, yet money is needed also, according to my mum! So ...       Full review 

        I love this product. Being a poor Uni student you are always looking for ways to save money.. anywhere! When I look at my savings accounts, it reminds me that I have sooo many things I want to do, yet money is needed also, according to my mum! So this account lets me transfer money from my everyday account as well as getting credit interest (for my million overseas trips planned). Also, since I'm Gen Y, I'm obviously good with computers, right? Wrong. I'm clueless, however the Netbank Saver account is so simple to use online that even I can manage my money in a easy (non-hair pulling out) manner. GREAT PRODUCT!


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        Commonwealth Bank NetBank Saver savings account review by Olivia from Victoria

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Transparent and reliable

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        This is an "honest" product - both fees and interest are clear and transparent. The pros are the ease of use - the con is mainly that the interest rates are about average.       Full review 

        This is an "honest" product - both fees and interest are clear and transparent. The pros are the ease of use - the con is mainly that the interest rates are about average.


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        Commonwealth Bank NetBank Saver savings account review by Rebecca from Victoria

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Good for saving

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        Like it because you can keep an eye on the savings.       Full review 

        Like it because you can keep an eye on the savings.


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        Commonwealth Bank NetBank Saver savings account review by Debbie from Western Australia

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        * Fees and charges are payable

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        Great savings opportunity, with no fees!

          11. Overall customer rating
          12. (Reviewed 10 days ago)

        I like the competitive interest rate and I love the internet banking capability, money is transferred instantly between CBA accounts. However I would like to be able to use the savings account to pay other providers, bills etc, rather than having ...       Full review 

        I like the competitive interest rate and I love the internet banking capability, money is transferred instantly between CBA accounts. However I would like to be able to use the savings account to pay other providers, bills etc, rather than having to transfer to my everyday account


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        Commonwealth Bank NetBank Saver savings account review by Amy from New South Wales

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Easy to apply for and simple to use

          11. Overall customer rating
          12. (Reviewed 10 days ago)

        Love my NetSaver account. It was very quick and simple to apply for. It has a decent interest rate. I don't need to deposit a set monthly amount. I'm online all the time so depositing or withdrawing money from my NetSaver account is essentially cl...       Full review 

        Love my NetSaver account. It was very quick and simple to apply for. It has a decent interest rate. I don't need to deposit a set monthly amount. I'm online all the time so depositing or withdrawing money from my NetSaver account is essentially clicking a few buttons.


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        Commonwealth Bank NetBank Saver savings account review by Anne-marie from Queensland

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

        More Commonwealth Bank savings accounts

        * Fees and charges are payable

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        Good customer service and safe/secure

          11. Overall customer rating
          12. (Reviewed 10 days ago)

        I'm still a student and I am trying to save as much money as possible so that I can travel after completing my tertiary study. Commonwealth Bank's NetBank Saver option has allowed me to easily track my savings, as well as monitor my deposits a...       Full review 

        I'm still a student and I am trying to save as much money as possible so that I can travel after completing my tertiary study. Commonwealth Bank's NetBank Saver option has allowed me to easily track my savings, as well as monitor my deposits and withdrawals/payments either in branch, in an ATM or online.


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        Commonwealth Bank NetBank Saver savings account review by Tenealle from Victoria

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

        More Commonwealth Bank savings accounts

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        Great customer service!!

          11. Overall customer rating
          12. (Reviewed 10 days ago)

        This an awesome product that makes life so much easier when you can access money so easily. I would also highly recommend opting to have a netbank saver and benefit from the interest you receive, who wouldn't want a bit of extra cash!!!       Full review 

        This an awesome product that makes life so much easier when you can access money so easily. I would also highly recommend opting to have a netbank saver and benefit from the interest you receive, who wouldn't want a bit of extra cash!!!


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        Commonwealth Bank NetBank Saver savings account review by Christina from Victoria

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

        More Commonwealth Bank savings accounts

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        Poor everything

          11. Overall customer rating
          12. (Reviewed 10 days ago)

        Wow after having just reviewed my ratings Im wondering why im still a customer at this bank. The service is terrible, they authorised continued direct debits on my account without my permission and when they overdrew my account they refused to re...       Full review 

        Wow after having just reviewed my ratings Im wondering why im still a customer at this bank. The service is terrible, they authorised continued direct debits on my account without my permission and when they overdrew my account they refused to refund the overdraw charge. Yep Im changing banks right now....


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        Commonwealth Bank NetBank Saver savings account review by Kerrin from Queensland

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Need to stop being so arrogant

          11. Overall customer rating
          12. (Reviewed 11 days ago)

        I was charged a $37.00 fee for over drawing my account, this charge was applied two times in the one day. I complained to the bank and did not receive a very good hearing.       Full review 

        I was charged a $37.00 fee for over drawing my account, this charge was applied two times in the one day. I complained to the bank and did not receive a very good hearing.


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        Commonwealth Bank NetBank Saver savings account review by Kevin from Queensland

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Average

          11. Overall customer rating
          12. (Reviewed 11 days ago)

        Need a better saving system. Also could do with adding folders to manage different sets of cost i.e. folder for mortgage, car, holiday etc.       Full review 

        Need a better saving system. Also could do with adding folders to manage different sets of cost i.e. folder for mortgage, car, holiday etc.


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        Commonwealth Bank NetBank Saver savings account review by Roslyn from Victoria

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Good, simple banking and friendly staff.

          11. Overall customer rating
          12. (Reviewed 11 days ago)

        As with all banks, you should do your research, but I went in to the bank and they helped me choose the best account for my husband and I and I am very pleased with it and the convenience of it.       Full review 

        As with all banks, you should do your research, but I went in to the bank and they helped me choose the best account for my husband and I and I am very pleased with it and the convenience of it.


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        Commonwealth Bank NetBank Saver savings account review by Kylie from New South Wales

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        * Fees and charges are payable

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        Fee-Free, accessible anytime, 24/7

          11. Overall customer rating
          12. (Reviewed 11 days ago)

        Fee-free, higher interest rate, real-time transacting & 24/7 anytime access makes this a brilliant saving option.       Full review 

        Fee-free, higher interest rate, real-time transacting & 24/7 anytime access makes this a brilliant saving option.


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        Commonwealth Bank NetBank Saver savings account review by a Mozo reviewer from Western Australia

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

        More Commonwealth Bank savings accounts

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        Fantastic rates and easy to navigate netbank.

          11. Overall customer rating
          12. (Reviewed 11 days ago)

        I've been with Commonwealth ever since I was little with my Dolomite saver account. They have always done right by me and when I got older changed me to the netbank saver account. Not only do I get the freedom to access my account via the online n...       Full review 

        I've been with Commonwealth ever since I was little with my Dolomite saver account. They have always done right by me and when I got older changed me to the netbank saver account. Not only do I get the freedom to access my account via the online netbank but I get a great interest rate on my savings. The transfer limit can be adjusted to suit my needs and the support is there if I ever have any questions or problems.


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        Commonwealth Bank NetBank Saver savings account review by Liam from Victoria

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Great customer service

          11. Overall customer rating
          12. (Reviewed 11 days ago)

        My mum opened my first Dollar mite account for me when i was in grade prep and i have never banked with anyone else.I have always been happy with them and now i have opened account's for my children. Only good feed back from me:)       Full review 

        My mum opened my first Dollar mite account for me when i was in grade prep and i have never banked with anyone else.I have always been happy with them and now i have opened account's for my children. Only good feed back from me:)


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        Commonwealth Bank NetBank Saver savings account review by Annemarie from Victoria

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      • Commonwealth Bank NetBank Saver *

        Commonwealth Bank GoalSaver *

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        Great rates and great staff

          11. Overall customer rating
          12. (Reviewed 11 days ago)

        Great customer service, the tellers are always very professional and extremely easy to talk to and above all they know their product, after sitting down with several other banks to discuss loan details and being bombarded with mumbo jumbo, i came ...       Full review 

        Great customer service, the tellers are always very professional and extremely easy to talk to and above all they know their product, after sitting down with several other banks to discuss loan details and being bombarded with mumbo jumbo, i came away from commonwealth feeling very informed and very confident that i had made the right decision with the right people.


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        Commonwealth Bank NetBank Saver savings account review by Clinton from Queensland

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    Compare other savings accounts

    Other savings accounts from Commonwealth Bank

    UBank
    Online Savings Account

    UBank USaver

    • No minimum balance. No account fees
    • Savings Bonus over the standard variable rate if you deposit at least $200 per month
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