CommSec savings account reviews

CommSec
CommSec's overall rating for savings accounts

(as rated by the Mozo community)

7.8 / 10

based on 39 reviews

Price

Features

Customer service

Convenience

Trust

Featured savings account from CommSec

Recent CommSec savings account reviews

CommSec

CommSec Direct Investment Account savings account review

Overall rating   10 / 10

Brilliant

Couldn't be happier with their service

Full review

Couldn't be happier with their service

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Emily, New South Wales, reviewed almost 3 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   9 / 10

Simple, easy to use online accounts

Easy to tie in with home loan account. Use your home loan credit to transfer to Commsec account

Full review

Easy to tie in with home loan account. Use your home loan credit to transfer to Commsec account

    Price   10 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

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Adrian, Tasmania, reviewed almost 3 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   6 / 10

Handy and easy to use.

Good system just cost per trade is too much

Full review

Good system just cost per trade is too much

    Price   4 / 10

    Features   7 / 10

    Customer service   6 / 10

    Convenience   5 / 10

    Trust   6 / 10

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Matt, New South Wales, reviewed about 3 years ago

CommSec

CommSec savings account review

Overall rating   10 / 10

Awesome.

Great features, easy to use online banking app. Love CommBank.

Full review

Great features, easy to use online banking app. Love CommBank.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Tarminder, New South Wales, reviewed about 3 years ago

CommSec

CommSec savings account review

Overall rating   8 / 10

Streamlined service at a fair price

This bank is most convenient because it has the most streamlined trading platform. It does not have to rely on 3rd party companies to make a trade and is all in-house. Refunds and tech issues are usually fixed over the phone. However, due to the...

Full review

This bank is most convenient because it has the most streamlined trading platform. It does not have to rely on 3rd party companies to make a trade and is all in-house. Refunds and tech issues are usually fixed over the phone. However, due to the rules outside the bank's control, it is sometimes very difficult to do a issuer to CHESS transfer.

    Price   10 / 10

    Features   9 / 10

    Customer service   6 / 10

    Convenience   10 / 10

    Trust   9 / 10

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Sam, Victoria, reviewed over 3 years ago

CommSec

CommSec savings account review

Overall rating   10 / 10

Best bank

Nice people, good service.

Full review

Nice people, good service.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   10 / 10

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Sam, New South Wales, reviewed over 3 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   2 / 10

How many rainchecks make a deutschemark

The pros and cons are always in the fine print, the list as boring as it is and as indented and grammatically sustained for easy listening, doesn't help when all you here are the coins drop on the television advertisement, how virtually stimulating.

Full review

The pros and cons are always in the fine print, the list as boring as it is and as indented and grammatically sustained for easy listening, doesn't help when all you here are the coins drop on the television advertisement, how virtually stimulating.

    Price   1 / 10

    Features   1 / 10

    Customer service   2 / 10

    Convenience   2 / 10

    Trust   1 / 10

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Nicole, Western Australia, reviewed over 3 years ago

CommSec

CommSec savings account review

Overall rating   8 / 10

Service is good

Any queries are happily answered.

Full review

Any queries are happily answered.

    Price   6 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   9 / 10

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Rebecca, Queensland, reviewed over 3 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   10 / 10

Awesome

It would it great if the double interest thing would be every 2 months instead of every 6 months.

Full review

It would it great if the double interest thing would be every 2 months instead of every 6 months.

    Price   10 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   5 / 10

    Trust   10 / 10

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Angela, Australian Capital Territory, reviewed over 3 years ago

CommSec

CommSec savings account review

Overall rating   8 / 10

Very happy with Commonwealth Bank

They offer a good service that I have used for many years now.

Full review

They offer a good service that I have used for many years now.

    Price   7 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   8 / 10

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Jason, Queensland, reviewed over 3 years ago

CommSec

CommSec savings account review

Overall rating   7 / 10

no

they are veryn helpfull

Full review

they are veryn helpfull

    Price   7 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Angelina, Queensland, reviewed over 3 years ago

CommSec

CommSec savings account review

Overall rating   5 / 10

Convenient

Overall good

Full review

Overall good

    Price   1 / 10

    Features   2 / 10

    Customer service   4 / 10

    Convenience   5 / 10

    Trust   1 / 10

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Allison, , reviewed almost 4 years ago

CommSec

CommSec savings account review

Overall rating   10 / 10

Great service.

I have been a CBA customer for about 50 years and would never change. I have always had great service.

Full review

I have been a CBA customer for about 50 years and would never change. I have always had great service.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Diane, , reviewed almost 4 years ago

CommSec

CommSec savings account review

Overall rating   10 / 10

great service

they are kind and always helpful and as an invalid I appreciate their efforts to give great customer service every time

Full review

they are kind and always helpful and as an invalid I appreciate their efforts to give great customer service every time

    Price   8 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   9 / 10

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Lynette, New South Wales, reviewed almost 4 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   8 / 10

Online access and security

Great account for online purchases and direct debit. Love the security of a small available balance and its ease of use.

Full review

Great account for online purchases and direct debit. Love the security of a small available balance and its ease of use.

    Price   9 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   9 / 10

    Trust   8 / 10

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Kerrie, New South Wales, reviewed over 4 years ago

CommSec

CommSec savings account review

Overall rating   1 / 10

Goalsaver, serves CBA goals, not mine!

Interest rates extremely poor, especially if you need to withdraw more than once in a month. Almost not worth having the account at all most of the time.

Full review

Interest rates extremely poor, especially if you need to withdraw more than once in a month. Almost not worth having the account at all most of the time.

    Price   0 / 10

    Features   1 / 10

    Customer service   2 / 10

    Convenience   5 / 10

    Trust   0 / 10

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Name not supplied, Queensland, reviewed over 5 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   9 / 10

Great customer service and efficient local staff .

I have been a customer for 50 years of the Commonwealth Bank in Eltham and Torquay Vic. Their customer service is great and their friendly Staff are always so helpful. Wouldn't bank anywhere else.

Full review

I have been a customer for 50 years of the Commonwealth Bank in Eltham and Torquay Vic. Their customer service is great and their friendly Staff are always so helpful. Wouldn't bank anywhere else.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Name not supplied, Victoria, reviewed over 5 years ago

CommSec

CommSec savings account review

Overall rating   8 / 10

Best bank and great customer service

I find that if you go into the bank they are the fastest to serve you. If you have trouble with your account they help and as a overall service it's the best bank I have been with.

Full review

I find that if you go into the bank they are the fastest to serve you. If you have trouble with your account they help and as a overall service it's the best bank I have been with.

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

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Lynda, Western Australia, reviewed over 5 years ago

CommSec

CommSec savings account review

Overall rating   10 / 10

Great rates, high saving incentive, top service

Their goal saver account has NO fees or CHARGES pays the highest interest of major banks. Their service both in person and on phone is always spot on and polite and exact. Some say the miimum deposit required each month is off putting but it is a...

Full review

Their goal saver account has NO fees or CHARGES pays the highest interest of major banks. Their service both in person and on phone is always spot on and polite and exact. Some say the miimum deposit required each month is off putting but it is a great incentive to save, and get top interest.

    Price   10 / 10

    Features   9 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Patricia, New South Wales, reviewed over 5 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   7 / 10

Excellent for share trading

I use this bank as I like to play the share market and you can use it for margin loans debit and credit shares to the account it is also online and this is of great help to keep all your share transactions in the one account. Service is great. The...

Full review

I use this bank as I like to play the share market and you can use it for margin loans debit and credit shares to the account it is also online and this is of great help to keep all your share transactions in the one account. Service is great. The account is updated daily so you know where you stand.

    Price   7 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

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William, Victoria, reviewed over 5 years ago

CommSec

CommSec savings account review

Overall rating   10 / 10

Up there with the other banks for sure.

We have all got to start somewhere and this is a very good place to start.

Full review

We have all got to start somewhere and this is a very good place to start.

    Price   8 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Coralie, Western Australia, reviewed almost 6 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   1 / 10

Stupid or purposely slow with funds transfers

The main issue is that it takes 3 to 5 days for transfers from a Commonwealth Bank account to reach a CommSec Account. My Commonwealth Bank account got debited straight away but the organisation sits on your money, "stealing" your interest and...

Full review

The main issue is that it takes 3 to 5 days for transfers from a Commonwealth Bank account to reach a CommSec Account. My Commonwealth Bank account got debited straight away but the organisation sits on your money, "stealing" your interest and delaying your investments because they are too stupid (or purposely slow) in transferring from their left hand to their right hand. Not impressed and if CommSec don't lift their game, I'll be off to some organisation that doesn't cheat its customers.

    Price   6 / 10

    Features   5 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   5 / 10

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Norman, New South Wales, reviewed almost 6 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   8 / 10

Easy to handle

Been there forever

Full review

Been there forever

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Mary , Western Australia, reviewed about 6 years ago

CommSec

CommSec savings account review

Overall rating   8 / 10

Good rates, easy to use online account

This is a great product, I can access my money whenever I need it and I still get a good interest rate.

Full review

This is a great product, I can access my money whenever I need it and I still get a good interest rate.

    Price   10 / 10

    Features   4 / 10

    Customer service   4 / 10

    Convenience   7 / 10

    Trust   7 / 10

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Rhonda, New South Wales, reviewed over 6 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   10 / 10

Excellent way of keeping track of finances.

Having some shares etc I found Commsec a great institute for online dealings as it puts me in control of my finances and makes it easy from home. No hassle banking and transferring of monies and for me, a great banking service.

Full review

Having some shares etc I found Commsec a great institute for online dealings as it puts me in control of my finances and makes it easy from home. No hassle banking and transferring of monies and for me, a great banking service.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Endre, Tasmania, reviewed over 6 years ago

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Savings account comparisons on Mozo - rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2018

    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:
    Overall rating

    7.3

    Based on 72 AMP 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

    1.00% 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

    8.9

    Based on 1934 ING savings account reviews

    Need more information?
    Go to site

    More info

  • HSBC Serious Saver

    HSBC Serious Saver

    • No monthly fees
    • No minimum deposit
    • Apply online in under 10 minutes

    special rate*

    3.10% p.a. (for $0 to $1,000,000)

    No withdrawals in the month. Bonus rate for first 4 months, reverting to 1.40% bonus rate after

    standard interest rate

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

    account fee per month

    $0.00

    Go to site

    More info

    • No monthly fees
    • No minimum deposit
    • Apply online in under 10 minutes
    • Special rate conditions: No withdrawals in the month. Bonus rate for first 4 months, reverting to 1.40% bonus rate after
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.5

    Based on 320 HSBC savings account reviews

    Need more information?
    Go to site

    More info

  • CUA eSaver Boost

    CUA eSaver Boost

    • Earn a generous maximum interest rate of up to 2.75%
    • No monthly account or online transfer fees
    • Free online and mobile banking transactions

    special rate*

    2.75% p.a. (for $0 to $500,000)

    Minimum deposit of $250 and no withdrawals in the month

    standard interest rate

    0.25% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Earn a generous maximum interest rate of up to 2.75%
    • No monthly account or online transfer fees
    • Free online and mobile banking transactions
    • Special rate conditions: Minimum deposit of $250 and no withdrawals in the month
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.2

    Based on 603 CUA savings account reviews

    Need more information?
    Go to site

    More info

  • 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 $250,001)

    Bonus rate for the first 4 months from account opening

    standard interest rate

    1.80% p.a.(for $0 to $250,001)

    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 customers.
    • Access: Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.4

    Based on 239 RaboDirect savings account reviews

    Need more information?
    Go to site

    More info

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