Commonwealth Bank savings account reviews

Commonwealth Bank
Commonwealth Bank's overall rating for savings accounts

(as rated by the Mozo community)

8.1 / 10

based on 4756 reviews

Price

Features

Customer service

Convenience

Trust

Featured savings account from Commonwealth Bank

Recent Commonwealth Bank savings account reviews

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   7 / 10

Childhood customer

I have been a customer since I was getting money sent in each week along with my school bank book in primary school. I'm sure they know and appreciate my loyalty, so I do believe they will look after my best interests. After all I don't think they...

Full review

I have been a customer since I was getting money sent in each week along with my school bank book in primary school. I'm sure they know and appreciate my loyalty, so I do believe they will look after my best interests. After all I don't think they would like losing me as a customer.

    Price   5 / 10

    Features   4 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Skye (VIC), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

Great customer service

Very much supportive customer service.

Full review

Very much supportive customer service.

    Price   8 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Pratima (WA), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   6 / 10

Good customer service

Good bank, good people.

Full review

Good bank, good people.

    Price   10 / 10

    Features   4 / 10

    Customer service   8 / 10

    Convenience   5 / 10

    Trust   3 / 10

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Julie (NSW), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank GoalSaver savings account review

Overall rating   10 / 10

Keep the good work up

All good

Full review

All good

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Ada (QLD), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   8 / 10

Commonwealth Bank stands out above all other banks

I’ve been with the Commonwealth Bank for years - I have a Bendigo bank account also and have experienced both National and ANZ banks also, however the Commonwealth Bank is by far my favourite.

Full review

I’ve been with the Commonwealth Bank for years - I have a Bendigo bank account also and have experienced both National and ANZ banks also, however the Commonwealth Bank is by far my favourite.

    Price   8 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   9 / 10

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Emma (VIC), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   7 / 10

Great

I been with Commonwealth Bank for 33 or 35 years.

Full review

I been with Commonwealth Bank for 33 or 35 years.

    Price   7 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

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Johnson (QLD), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank Direct Investment Account savings account review

Overall rating   9 / 10

Would recommend to anyone

Am happy with my bank as I have been with them since school.

Full review

Am happy with my bank as I have been with them since school.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   8 / 10

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Jai (QLD), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

Best Bank

Been banking with CBA for 26 ears now. Couldn't imagine banking with any other bank. They always have, and continue to serve me well.

Full review

Been banking with CBA for 26 ears now. Couldn't imagine banking with any other bank. They always have, and continue to serve me well.

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Kristy (NSW), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   7 / 10

Need better pension tracking systems

Needs to be able to track customers better when they turn 65 and who are possible to be on pension, as the bank has other pension products that could be offered to these customers. Should not rely on customers having to contact them.

Full review

Needs to be able to track customers better when they turn 65 and who are possible to be on pension, as the bank has other pension products that could be offered to these customers. Should not rely on customers having to contact them.

    Price   4 / 10

    Features   4 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

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Maurice (VIC), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   6 / 10

They're still around

Sometimes I don't get full attention from them when I have trouble with internet banking.

Full review

Sometimes I don't get full attention from them when I have trouble with internet banking.

    Price   3 / 10

    Features   3 / 10

    Customer service   6 / 10

    Convenience   7 / 10

    Trust   5 / 10

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John (NSW), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   10 / 10

Very good service

Don't have any problems.

Full review

Don't have any problems.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Vannessa (WA), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank GoalSaver savings account review

Overall rating   10 / 10

Very good

Completely satisfied with Commonwealth Bank.

Full review

Completely satisfied with Commonwealth Bank.

    Price   -1 / 10

    Features   -1 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Donato (VIC), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

Commonwealth is the best, forget the rest

I love Commonwealth Bank, they have looked after me since I was 18 (I'm now 33), I changed once, but went back very quickly because they are the best!

Full review

I love Commonwealth Bank, they have looked after me since I was 18 (I'm now 33), I changed once, but went back very quickly because they are the best!

    Price   10 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Jordana (QLD), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   6 / 10

Good customer service

They are helpful on phone contact, have a lot of ATMs available, but the interest rates are not the best.

Full review

They are helpful on phone contact, have a lot of ATMs available, but the interest rates are not the best.

    Price   4 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Rosie (QLD), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   8 / 10

Great bank, never had an issue for over 10 years

Had an ANZ account, but shut it down due to there being too many problems. Then I opened up Commonwealth Bank account and haven't had any issues for over 10 years.

Full review

Had an ANZ account, but shut it down due to there being too many problems. Then I opened up Commonwealth Bank account and haven't had any issues for over 10 years.

    Price   -1 / 10

    Features   -1 / 10

    Customer service   7 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Alana (QLD), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   7 / 10

Overall they do their best to provide support

In my experience the Commonwealth Bank is very professional and very organised if not a little bit detached from the needs of all its clients regardless of financial or social standing.

Full review

In my experience the Commonwealth Bank is very professional and very organised if not a little bit detached from the needs of all its clients regardless of financial or social standing.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   6 / 10

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Julie (VIC), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   3 / 10

Not at all

I find all they are interested in is having you do most things on the ATMs and if possible keeping you out of the bank.

Full review

I find all they are interested in is having you do most things on the ATMs and if possible keeping you out of the bank.

    Price   2 / 10

    Features   3 / 10

    Customer service   2 / 10

    Convenience   2 / 10

    Trust   2 / 10

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Lucia (TAS), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

Great

I like the convenience.

Full review

I like the convenience.

    Price   6 / 10

    Features   6 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

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Jenna (QLD), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank Direct Investment Account savings account review

Overall rating   10 / 10

Smooth and convenient

They are all very helpful and the online app is always updated. I love using it. :)

Full review

They are all very helpful and the online app is always updated. I love using it. :)

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Jersey (VIC), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   10 / 10

Quick service

Always helpful.

Full review

Always helpful.

    Price   6 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Veronika (NSW), reviewed 3 months ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   9 / 10

Trustworthy

Trusted service. Good approach. Convenient location.

Full review

Trusted service. Good approach. Convenient location.

    Price   -1 / 10

    Features   -1 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   9 / 10

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Hugo (NSW), reviewed 4 months ago

Commonwealth Bank

Commonwealth Bank GoalSaver savings account review

Overall rating   5 / 10

Good

Bank services are good.

Full review

Bank services are good.

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   5 / 10

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Frances (NSW), reviewed 4 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   7 / 10

I like CommBank

I get great service from my bank.

Full review

I get great service from my bank.

    Price   5 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Donna (ACT), reviewed 4 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

CommBank is 100% efficient and more convenient

I am a visually impaired and I found out that one of the CommBank ATM hearing aid system's at Belconnen Westfield mall was not working and I reported to one of the bank branch, the next day it was up and running. More over, when I insert my hear...

Full review

I am a visually impaired and I found out that one of the CommBank ATM hearing aid system's at Belconnen Westfield mall was not working and I reported to one of the bank branch, the next day it was up and running. More over, when I insert my hear piece, the screen turned off so nobody would see what I was doing. I rate it 100%.

    Price   10 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

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Kaman (ACT), reviewed 4 months ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   3 / 10

The billing tactics are extreme

The bank is so hard to access in store and the online services are hard to navigate.

Full review

The bank is so hard to access in store and the online services are hard to navigate.

    Price   6 / 10

    Features   6 / 10

    Customer service   3 / 10

    Convenience   5 / 10

    Trust   2 / 10

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Michelle (QLD), reviewed 4 months ago

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Savings account comparisons on Mozo - rates updated daily

  • RaboDirect High Interest Savings Account

    RaboDirect High Interest Savings Account

    • Easy set up, online and mobile banking app
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • Kick start your savings with the 4 month introductory variable rate

    special rate*

    3.05% p.a. (for $0 to $250,000)

    Bonus rate for the first 4 months from account opening

    standard interest rate

    1.80% p.a.(for $0 to $250,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Easy set up, online and mobile banking app
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • Kick start your savings with the 4 month introductory variable rate
    • Special rate conditions: Bonus rate for the first 4 months from account opening, reverting to standard variable rate. Rate shown is for Personal customers and is subject to change. Different rates apply to Business/SMSF/Trust customers.
    • Access: Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.0

    Based on 24 RaboDirect savings account reviews

    Need more information?
    Go to site

    More info

  • ING Savings Maximiser

    ING Savings Maximiser

    • No ING fees
    • Great variable rate every month, no matter how many times you withdraw
    • Anytime, anywhere banking with mobile app and 24/7 Australian call centre

    special rate*

    2.80% p.a. (for $0 to $100,000)

    For customers who have an Orange Everyday and deposit at least $1,000 from an external bank account and make at least 5 card purchases using your ING debit card each month

    standard interest rate

    1.15% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • No ING fees
    • Great variable rate every month, no matter how many times you withdraw
    • Anytime, anywhere banking with mobile app and 24/7 Australian call centre
    • Special rate conditions: For customers who have an Orange Everyday and deposit at least $1,000 from an external bank account and make at least 5 card purchases using your ING debit card each month
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    9.2

    Based on 428 ING savings account reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    AMP Saver Account

    AMP Saver Account

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.45% per annum for the first four months
    • No Monthly fees

    special rate*

    2.55% p.a. (for $0 to $5,000,000)

    bonus rate for 4 months

    standard interest rate

    2.10% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.45% per annum for the first four months
    • No Monthly fees
    • Special rate conditions: Bonus rate for the first 4 months from account opening
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account.
    Overall rating

    7.1

    Based on 24 AMP savings account reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    ME Online Savings Account

    ME Online Savings Account

    • Ongoing bonus interest when you tap & go weekly (T&Cs apply)
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees

    special rate*

    2.85% p.a. (for $0 to $250,000)

    Ongoing bonus rate if during the month you make a weekly Tap & Go purchase with your ME Everyday Transaction Account buck Debit Mastercard.

    standard interest rate

    1.30% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Ongoing bonus interest when you tap & go weekly (T&Cs apply)
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees
    • Special rate conditions: Ongoing bonus rate if during the month you make a weekly Tap & Go purchase with your ME Everyday Transaction Account buck Debit Mastercard.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.1

    Based on 119 ME savings account reviews

    Need more information?
    Go to site

    More info

  • HSBC Flexi Saver

    HSBC Flexi Saver

    • Receive an extra 1.25% p.a. variable monthly bonus. Conditions apply
    • No monthly account fee
    • Open multiple accounts

    special rate*

    2.50% p.a. (for $0 to $5,000,000)

    Increase balance by at least $300 in the month

    standard interest rate

    1.25% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Receive an extra 1.25% p.a. variable monthly bonus. Conditions apply
    • No monthly account fee
    • Open multiple accounts
    • Special rate conditions: Increase balance by at least $300 in the month (excluding interest)
    • Access: BPay, Branch access, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.1

    Based on 45 HSBC savings account reviews

    Need more information?
    Go to site

    More info

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