Rates and fees verified as correct at 18 May, 2021. Other information correct at the time of writing. Advertiser disclosure.
| Product | Account fee | Payment options | Interest rate |
|---|---|---|---|
| Smart Access | $4.00 | Apple Pay, Google Pay, PayID, Samsung Pay, Garmin, Fitbit | 0% p.a. |
| Student Smart Access | $0.00 | Apple Pay, Google Pay, PayID, Samsung Pay, Garmin, Fitbit | 0% p.a. |
Mozo users have rated Commonwealth Bank bank accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
7946 Reviews
This bank has gone down hill. I have been with them for over 10 years. I use to have to wait 10 mins on calls but now am waiting over 1 hr minimum. Branches have been closed down and they charge fees on random shit. Getting a different bank sorted. Useless bank.
Read full reviewThis bank has gone down hill. I have been with them for over 10 years. I use to have to wait 10 mins on calls but now am waiting over 1 hr minimum. Branches have been closed down and they charge fees on random shit. Getting a different bank sorted. Useless bank.
I've always banked with commonwealth and they're amazing.
Read full reviewI've always banked with commonwealth and they're amazing.
I got set up with CBA like so many kids in the 90s through school. I haven't paid much attention to my bank account over the years because I made the mistake of assuming they were all the same. About a year ago I had a very enlightening conversation with a coworker and realised that CBA has essentially done nothing for me in terms of interest and promoting better options. I'm now in my 30s so I've lost thousands of dollars in potential interest. I feel like I was taken for granted and am happy I have now switched banks.
Read full reviewI got set up with CBA like so many kids in the 90s through school. I haven't paid much attention to my bank account over the years because I made the mistake of assuming they were all the same. About a year ago I had a very enlightening conversation with a coworker and realised that CBA has essentially done nothing for me in terms of interest and promoting better options. I'm now in my 30s so I've lost thousands of dollars in potential interest. I feel like I was taken for granted and am happy I have now switched banks.
Commonwealth Bank is a creative and innovative bank. I love using their Netbank/internet banking as it is super convenient and easy to navigate. Their direct deposits and payment transfers are so quick. The only downside is their interest rates are absolute rubbish at 0.01-0.02%. This is a great bank for every day but if you want a savings account, use another bank.
Read full reviewCommonwealth Bank is a creative and innovative bank. I love using their Netbank/internet banking as it is super convenient and easy to navigate. Their direct deposits and payment transfers are so quick. The only downside is their interest rates are absolute rubbish at 0.01-0.02%. This is a great bank for every day but if you want a savings account, use another bank.
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