Commonwealth Bank NetBank Saver

  • Commonwealth Bank
  • 2.50%(for $1 and over)

  • 3.70%(for $1 to $5,000,000)

Rates

Rates
Balances from $1: 2.50%pa
Special Rates
Balances from $1: 3.70%pa.
Balances from $5,000,000: 2.50%pa
Special rate conditions
Bonus rate for the first 3 months from account opening

Fees

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

Other financial bits

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

Features

Atm access
no
Daily atm withdrawal limit
none
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

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 Rating Price Features Service Convenience Trust
Commonwealth Bank savings account 8.1 Based on 1657
Commonwealth Bank savings account reviews
7.0 6.8 8.2 8.5 8.2

Read Commonwealth Bank savings account reviews by the Mozo community

Latest reviews of Commonwealth Bank NetBank Saver

  • Great customer service

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

    The Commonwealth Bank has a great website that is easy to use and I have never had a problem in accessing my information whenever I want. Also the Bank is located at our local shopping centre and there is another branch in the next suburb to whe...  Full review 

    The Commonwealth Bank has a great website that is easy to use and I have never had a problem in accessing my information whenever I want. Also the Bank is located at our local shopping centre and there is another branch in the next suburb to where I live which is also very convenient for my needs.


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    Commonwealth Bank savings account review by Glenda from Victoria

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  • Great account if you like online banking.

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

    Have been with the Commonwealth Bank for 26 years and have no intention of leaving this bank. They look after their long standing customers and will go the extra mile to ensure that you remain doing business with them. The pros of a Netbank saving...  Full review 

    Have been with the Commonwealth Bank for 26 years and have no intention of leaving this bank. They look after their long standing customers and will go the extra mile to ensure that you remain doing business with them. The pros of a Netbank savings account is it is a fantastic account if you are looking at getting a great interest rate without having to tie your money up in a term deposit. You can transfer money to other accounts any time of the day without losing the fantastic interest rate, unlike other accounts where you lose your interest the minute you make a withdrawal. No monthly account keeping fees. Cons - You must have an everyday account to transfer money to and from. You can only withdraw the funds once they have been transferred to your everyday account. The high interest rate is only for 3 months, but the bank can negotiate after this time.


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    Commonwealth Bank savings account review by Louise from New South Wales

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  • Great customer service, always satisfied

    1. Overall customer rating
    2. (Reviewed 12 days ago)

    I love the Commonwealth Bank. I have tried a lot of other banks, they explain things so you can understand everything. Their customer service is one of the best, they are always helpful and have never come out of the bank unhappy.  Full review 

    I love the Commonwealth Bank. I have tried a lot of other banks, they explain things so you can understand everything. Their customer service is one of the best, they are always helpful and have never come out of the bank unhappy.


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    Commonwealth Bank savings account review by Rhonda from New South Wales

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  • Reliable and made for real life

    1. Overall customer rating
    2. (Reviewed 12 days ago)

    This is a great account for every stage in your life and for all those moments you don't want to think about a bank because it slips seamlessly into your daily life.  Full review 

    This is a great account for every stage in your life and for all those moments you don't want to think about a bank because it slips seamlessly into your daily life.


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    Commonwealth Bank savings account review by Tristan from Queensland

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  • They are always looking to improve online service

    1. Overall customer rating
    2. (Reviewed 12 days ago)

    The customer service is second to none, in the branches and online. Their online services are simple and error proof, and their security is well thought out when paying money from a bank account.  Full review 

    The customer service is second to none, in the branches and online. Their online services are simple and error proof, and their security is well thought out when paying money from a bank account.


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    Commonwealth Bank savings account review by Lorrina from Queensland

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