Commonwealth Bank NetBank Saver

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

  • 3.81%(for $1 to $5,000,000)

Rates

Rates
Balances from $1: 2.50%pa
Special Rates
Balances from $1: 3.81%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

  • Excellent service

    1. Overall customer rating
    2. (Reviewed about 17 hours ago)

    The staff are really pro active in helping you, they schedule appointments with an expert while you're in the bank. They're quick, friendly, accommodating and have the best rates and service. They also sell add ons like home insurance making the w...  Full review 

    The staff are really pro active in helping you, they schedule appointments with an expert while you're in the bank. They're quick, friendly, accommodating and have the best rates and service. They also sell add ons like home insurance making the whole experience very convenient. The staff also get to know you.


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    Commonwealth Bank savings account review by Alister from Queensland

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  • Low Fees, Low Interest, High Convenience

    1. Overall customer rating
    2. (Reviewed about 17 hours ago)

    The interest rate on my Commbank Savings account is essentially non existent so in essence it's more of a daily transactions account rather than a target or goal saving account but the convenience that comes with their impeccable customer service,...  Full review 

    The interest rate on my Commbank Savings account is essentially non existent so in essence it's more of a daily transactions account rather than a target or goal saving account but the convenience that comes with their impeccable customer service, options for upgrading to a debit Mastercard with PayPass and free ATM's in lots of locations combined with the convenience of their cardless cash feature makes it an excellent choice for a transactions account but if you were looking for a longer term savings account, I would look elsewhere.


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    Commonwealth Bank savings account review by Tom from Queensland

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  • Most helpful when in doubt about procedures

    1. Overall customer rating
    2. (Reviewed about 17 hours ago)

    Since my first "school" Commonwealth Bank account way back in 1947 I have had various accounts with this bank. Have always found them efficient, courteous, easy to deal with and prompt. My current dealings commenced in 1986 or so and I wouldn't ch...  Full review 

    Since my first "school" Commonwealth Bank account way back in 1947 I have had various accounts with this bank. Have always found them efficient, courteous, easy to deal with and prompt. My current dealings commenced in 1986 or so and I wouldn't chang!


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    Commonwealth Bank savings account review by Barbara from Queensland

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  • Easy, Friendly, Perfect!

    1. Overall customer rating
    2. (Reviewed about 17 hours ago)

    My customer service experiences with Commbank have made me feel taken care of. The service is excellent and does exactly what it claims to.  Full review 

    My customer service experiences with Commbank have made me feel taken care of. The service is excellent and does exactly what it claims to.


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    Commonwealth Bank savings account review by Liam from Victoria

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  • Convenient, and most suggested after entering Aus.

    1. Overall customer rating
    2. (Reviewed about 19 hours ago)

    I do like how accessible the online options are. Feel like I have reasonable control of my savings and can add or change the setup whenever I like. Am able to clearly see my goals and work toward achieving them. I would recommend this product to a...  Full review 

    I do like how accessible the online options are. Feel like I have reasonable control of my savings and can add or change the setup whenever I like. Am able to clearly see my goals and work toward achieving them. I would recommend this product to anyone wanting to reach their savings goal. Great little money earning account with no fees. Interest is earned monthly and calculated on daily balance. Only minor draw back is you have to transfer money to another account to use funds. But even that is covered with the efficiency of their online server. Very well established with the technology, the mobile devices and the online portal. Moreover, the customer service is excellent. They are trustworthy and look after your needs.


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    Commonwealth Bank savings account review by Ashish from New South Wales

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