I use the CommBank app on my phone on a regular basis and it's honestly the simplest and easiest app to use. I really like how I can set goals and be shown a graph of my income, spending and savings, and shown where I spend my money. I've never had any issues with CommBank so I very rarely have to talk to customer support, but when I have, they've been super friendly and extremely helpful. I also am super appreciative of the fact that I have 4 bank accounts with them, and I don't have to pay for a single one. It's absolutely fantastic!
Don't like that home loan interest rates are low which is good for a home owners but what about those that have money and want to save, theres no incentive for them. The bank should make the interest rate higher for members who save. I might as well just take my money and hide it in the backyard.
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Savings account comparisons on Mozo - rates updated daily
2.65% p.a.(for $0 to $500,000)
standard interest rate
1.05% p.a.(for $0 to $5,000,000)
account fee per month
Bonus rate for the first 6 months from account opening on the first $500,000 deposited. For new Saver customers only.
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