Thumbnail icon for Commonwealth Bank

Commonwealth Bank Savings account reviews

Overall rating
7.5/10
Price
6.6/10
Features
6.3/10
Customer service
7.6/10
Convenience
8.2/10
Trust
7.6/10
Based on 12792 reviews as rated by the Mozo community.

Recent Commonwealth Bank savings account reviews

Sort reviews by: date | star rating
  • Commonwealth Bank NetBank Saver review

    Overall rating   10 / 10
    Great customer service.

    The app is super easy to use. Quick start up of the account.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Jessica, Western Australia, reviewed about 1 month ago
  • Commonwealth Bank Savings Account review

    Overall rating   10 / 10
    Great customer service and very trustworthy.

    Everything about this bank is perfect, never have any problems.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Tynan, New South Wales, reviewed about 1 month ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   10 / 10
    Yes they have good customer service call centres.

    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.

    Price
    4 / 10
    Features
    8 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    8 / 10
    Less
    Lana, Victoria, reviewed about 2 months ago
  • Commonwealth Bank Youthsaver review

    Overall rating   9 / 10
    Amazing app.

    Amazing app. The option to add goals and jobs is really helpful and encouraging.

    Price
    5 / 10
    Features
    10 / 10
    Customer service
    7 / 10
    Convenience
    7 / 10
    Trust
    10 / 10
    Less
    Isabelle, New South Wales, reviewed about 2 months ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   10 / 10
    I totally trust the bank I bank with.

    Banking with Commonwealth means you get great customer service. Easy facilities to work with. I totally trust them with my money. Good on you Commonwealth Bank.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Lyn, Victoria, reviewed about 2 months ago
  • Commonwealth Bank GoalSaver review

    Overall rating   6 / 10
    No issues but not the highest rate!

    The goal saver account has been okay however I am interested in other banks that having savings accounts with higher interest rates.

    Price
    5 / 10
    Features
    0 / 10
    Customer service
    7 / 10
    Convenience
    10 / 10
    Trust
    8 / 10
    Less
    Kylie, Queensland, reviewed about 2 months ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   10 / 10
    Fantastic service.

    So user friendly! Highly recommend.

    Price
    9 / 10
    Features
    6 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Daniella, New South Wales, reviewed about 2 months ago
  • Commonwealth Bank GoalSaver review

    Overall rating   10 / 10
    Easy app and great customer service.

    Excellent bank with great service. Would recommend.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Nicki, Queensland, reviewed about 2 months ago
  • Commonwealth Bank Savings Account review

    Overall rating   5 / 10
    If you need them they may help.

    They are nice and you can actually book an appointment which is good. But they need to listen more.

    Price
    4 / 10
    Features
    5 / 10
    Customer service
    6 / 10
    Convenience
    5 / 10
    Trust
    6 / 10
    Less
    Raven, New South Wales, reviewed about 2 months ago
  • Commonwealth Bank Savings Account review

    Overall rating   7 / 10
    Commonwealth is good.

    My bank is fantastic. I would recommend them to mainly my family.

    Price
    0 / 10
    Features
    0 / 10
    Customer service
    8 / 10
    Convenience
    7 / 10
    Trust
    5 / 10
    Less
    James, New South Wales, reviewed about 2 months ago
  • Commonwealth Bank Savings Account review

    Overall rating   5 / 10
    Happy with my account.

    I feel that CBA's savings account meets my current needs.

    Price
    3 / 10
    Features
    5 / 10
    Customer service
    6 / 10
    Convenience
    8 / 10
    Trust
    5 / 10
    Less
    Jaime, Queensland, reviewed about 2 months ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   6 / 10
    Good customer service and trustworthy brand.

    Reliable and trustworthy bank with investment into UX and online services. Interest rates could be more competitive.

    Price
    4 / 10
    Features
    3 / 10
    Customer service
    8 / 10
    Convenience
    9 / 10
    Trust
    9 / 10
    Less
    Dale, New South Wales, reviewed about 2 months ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   8 / 10
    Long term customer trusted bank.

    Have been with CBA for many years and trust that they will look after my needs.

    Price
    8 / 10
    Features
    8 / 10
    Customer service
    8 / 10
    Convenience
    8 / 10
    Trust
    8 / 10
    Less
    Judith, Queensland, reviewed about 2 months ago
  • Commonwealth Bank Savings Account review

    Overall rating   10 / 10
    Great rate available.

    Great interest rate, with bonus interest each month if you don't make a withdrawal. Internet banking is convenient and easy to use.

    Price
    10 / 10
    Features
    7 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Josephine, South Australia, reviewed about 2 months ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   4 / 10
    Great customer service, poor interest rates.

    Netbank Saver is an average product with a non-competitive interest rate once the introductory promotional rate runs out. You can only apply for the introductory rate once in a lifetime. Commonwealth Bank however has a great internet platform and excellent customer phone service with short waiting times. Overall, apply once for this product if it suits your needs and move on to better deals after that.

    Price
    2 / 10
    Features
    2 / 10
    Customer service
    9 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Fara, New South Wales, reviewed 2 months ago
  • Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

    Savings account comparisons on Mozo - rates updated daily

    • Saver Account

      Maximum rate
      2.36% p.a. (for $0 to $250,000)
      standard interest rate
      1.40% p.a.(for $0 to $5,000,000)
      account fee per month
      $0.00

      Bonus rate for the first 4 months from account opening on the first $250,000 deposited. For new Saver customers only.

      Promoted
    • Growth Saver Account

      Maximum rate
      1.95% p.a. (for $0 and over)
      standard interest rate
      0.20% p.a.(for $0 and over)
      account fee per month
      $0.00

      Grow your balance by $200 or more and make no more than one withdrawal in the month.

      Promoted
    • eSaver Reward

      Maximum rate
      2.00% p.a. (for $0 to $100,000)
      standard interest rate
      0.05% p.a.(for $0 and over)
      account fee per month
      $0.00

      Deposit $1,000 into a CUA transaction account from external source in the month.

      Promoted
    • USaver with Ultra Transaction Account

      Maximum rate
      2.10% p.a. (for $0 to $200,000)
      standard interest rate
      1.04% p.a.(for $0 to $5,000,000)
      account fee per month
      $0.00

      Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the month from an external source.

      Promoted
    • Hero Saver

      Maximum rate
      1.85% p.a. (for $0 to $250,000)
      standard interest rate
      0.01% p.a.(for $0 to $5,000,000)
      account fee per month
      $0.00

      Minimum deposit of $200 and no withdrawals in the month.

      Promoted

    Want more? Compare all 233 savings accounts in the Mozo comparison engine.

    Compare more savings accounts

    About Mozo community reviews

    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.