Late fees are deducted when at times funds are in an account, and there is no point calling, as it goes around in circles with the customer service operator, who naturally will try to explain it away. I have had funds deducted, fraudulently from my account, the only option I was given was to cancel my card. This occurred twice during covid and had no means of getting any access to my funds or shopping. It was the most frustrating and pathetic thing ever. It took 7-10 days before I received a new card.
Over charges. Never explained that an overdraft would cause such low cred score even though it's paid off fortnightly. Always charging $5 per declined payment causing more debt. Has twice unnecessarily blocked my cards due to fraud prevention yet has let fraudulent transactions go through. Customer support people are great.
Commbank has great account options in order to have multiple accounts for savings, expenses and everyday life use. I’ve found this helps keep me on track with my budget every month. The customer services team are generally very helpful.
Customer service on the phone or at various branches has always been a positive experience No fees for banking transactions/withdrawals Trust these guys to handle my money and help me with any concerns
Goal saver.....I love that I can set my financial goal and easily track it with this account. I can adjust my goal at any stage if needed. I get reminders if I'm off track in reaching the goal. Very flexible.
Informative and ahead of the game in terms of accessibility and apps to help up and comers into the finance field. Useful in educating those who want to start in the share trade industry.
I like commbank as they’re very convenient and there are always atms around They are not great with interest & charge you a fee if your bank is in negatives even if you are unaware of it
Overall a good service. Easy to transfer money within friends and families. Has a lot of good features such as a 3 monthly bank statement, very flexible. Only problem is that for example, if you have a job and you get paid on wednesday, commonwealth tends to pay later or delay the payment by 5 hours which is kind of a bummer
Commonwealth Bank it is a top tier bank for business, everyday and personal requirements with competitive rates and offers. The best thing I like about it is the app, it is so easy to use and also allows me to use the cardless cash and paywave feature. which I find useful and convenient. The Only downside I have noticed is the phone waiting time is uaully fairly long. Overall I would definitely recommend to anybody.
Very easy to access my account and navigate the website. My local branch are very helpful and knowledgeable. As I live in a small country town I find it very easy to go into the bank as it is on the main shopping street.
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Transfer a minimum of $1,000 into your linked Everyday Account and make 5 eligible transactions. Bonus interest criteria waived for account holders 14-17 years of age.
Minimum deposit of at least $250 in the previous month.
Bonus rate for the first 4 months from account opening
Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Glide transaction account.
Transfer a minimum of $1,000 into your linked Everyday Account and make 5 eligible transactions.
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Mozo gives you the inside story on the best banking, energy and insurance products as rated by thousands of real customers around Australia. We don't make subjective judgments, nor do advertisers influence our ratings. Although our reviews may be moderated to improve quality standards, they are moderated independently of any of Mozo’s commercial relationships.