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  • Commonwealth Bank NetBank Saver

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    savings accounts

    • 4.25%

    • 5.25%

    Rates

    Rates
    Balances from $1: 4.25%pa
    Special Rates
    Balances from $1: 5.25%pa
    Special rate conditions
    Special rate is a fixed 1.00% 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

    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 7.1 Based on 1432
    Commonwealth Bank savings account reviews
    6.0 5.7 7.2 8.0 7.2

    Read Commonwealth Bank savings account reviews by the Mozo community

    Latest reviews of Commonwealth Bank

      • Commonwealth Bank NetBank Saver

        Commonwealth Bank Cash Investment Account

        Show Rates

        good website expensive rates

          1. Overall customer rating
          2. (Reviewed 4 days ago)

        I do not use this bank anymore. Great website but $5.00 fees every month are too expensive.       Full review 

        I do not use this bank anymore. Great website but $5.00 fees every month are too expensive.


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          1. Features
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          1. Convenience
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        Commonwealth Bank savings account review by Suesan from Victoria

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        Yes
      • Commonwealth Bank NetBank Saver

        Commonwealth Bank 12 Month Discounted

        • 7.31%

          variable rate

        • -

          fixed 1 year rate

        Show Rates

        good rates poor customer service

          1. Overall customer rating
          2. (Reviewed 9 days ago)

        It's a great service but I was convinced into having life insurance and house insurance and the lady i spoke to over the phone didn't explain the product very well and just put me on the highest insurance. I ended up cancelling because it was just...       Full review 

        It's a great service but I was convinced into having life insurance and house insurance and the lady i spoke to over the phone didn't explain the product very well and just put me on the highest insurance. I ended up cancelling because it was just way to much. When i went into the branch, a staff member explained that there was a much cheaper one but after being taken advantage of the first time, i would never get life insurance with them again because it just seemed like all they wanted was my money.


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        Commonwealth Bank home loan review by Jenna from Victoria

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        Yes
      • Commonwealth Bank NetBank Saver

        Commonwealth Bank Cash Investment Account

        Show Rates

        Great customer service

          1. Overall customer rating
          2. (Reviewed 9 days ago)

        The Commonwealth Bank is amazing. I just went into my local branch this morning and the customer service staff were excellent and assisted me with all my accounts and provided me with advice on saving money for the future. The netbank saver accoun...       Full review 

        The Commonwealth Bank is amazing. I just went into my local branch this morning and the customer service staff were excellent and assisted me with all my accounts and provided me with advice on saving money for the future. The netbank saver account is competitive and it's the best in the market for online savings accounts. It's a awesome account that provides high interest rates for online users. Highly recommended.


          1. Price
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        Commonwealth Bank savings account review by Giuseppe from New South Wales

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        Yes
      • Commonwealth Bank NetBank Saver

        Commonwealth Bank Cash Investment Account

        Show Rates

        Good rates and excellent customer service

          1. Overall customer rating
          2. (Reviewed 9 days ago)

        This account is great because you can only access it online and so it's a great way to save money but if you need the money you can just transfer it to your normal savings account. It also has a good interest rate.       Full review 

        This account is great because you can only access it online and so it's a great way to save money but if you need the money you can just transfer it to your normal savings account. It also has a good interest rate.


          1. Price
          1. Features
          1. Service
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        Commonwealth Bank savings account review by Monique from Queensland

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        Yes
      • Commonwealth Bank NetBank Saver

        Commonwealth Bank Cash Investment Account

        Show Rates

        great rates & customer service

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        I work in retail so customer service is paramount. It is also important to get value for money. Both values are present at my local bank.       Full review 

        I work in retail so customer service is paramount. It is also important to get value for money. Both values are present at my local bank.


          1. Price
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        Commonwealth Bank savings account review by Tina from Victoria

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        Yes
      • Commonwealth Bank NetBank Saver

        Commonwealth Bank Cash Investment Account

        Show Rates

        Average rates with good customer service

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        Average savings account. Customer service is very good.       Full review 

        Average savings account. Customer service is very good.


          1. Price
          1. Features
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          1. Convenience
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        Commonwealth Bank savings account review by Gary from New South Wales

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        Yes
      • Commonwealth Bank NetBank Saver

        Commonwealth Bank Cash Investment Account

        Show Rates

        Safe account with good rates, & excellent service

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        Commonwealth Bank staff were very helpful and informative, they are always friendly and nothing is any trouble for them. The Netbank account is a very comfortable and easy way to keep track of your account and with great interest. I also like this...       Full review 

        Commonwealth Bank staff were very helpful and informative, they are always friendly and nothing is any trouble for them. The Netbank account is a very comfortable and easy way to keep track of your account and with great interest. I also like this account as you can not access it at shops etc, so you are not tempted to buy unnecessary items, good saver account.


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        Less
        Commonwealth Bank savings account review by Madonna from Queensland

        Was this review helpful?

        Yes

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