CommSec savings account reviews

CommSec
CommSec's overall rating for savings accounts

(as rated by the Mozo community)

7.9 / 10

based on 14 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

Less

Emily (NSW), reviewed almost 2 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

Less

Matt (NSW), reviewed about 2 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

Less

Tarminder (NSW), reviewed about 2 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 (VIC), reviewed over 2 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

Less

Sam (NSW), reviewed over 2 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 (QLD), reviewed over 2 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 (ACT), reviewed over 2 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 (QLD), reviewed over 2 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 (NSW), reviewed over 3 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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Mozo reviewer (QLD), reviewed over 4 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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Mozo reviewer (VIC), reviewed over 4 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.

    Price   -1 / 10

    Features   -1 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Lynda (WA), reviewed over 4 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

    Customer service   -1 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Patricia (NSW), reviewed over 4 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

Less

William (VIC), reviewed over 4 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

Less

Coralie (WA), reviewed almost 5 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 (NSW), reviewed about 5 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

Less

Mary (WA), reviewed about 5 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

Less

Rhonda (NSW), reviewed over 5 years ago

CommSec

CommSec savings account review

Overall rating   9 / 10

Great rates and customer service and easy to use

ComSec Savings account has great interest rates, access to cash immediately and a debit card. Everything can be done online without any hassle and the customer service is second to none. I have accounts with other banks and so far none...

Full review

ComSec Savings account has great interest rates, access to cash immediately and a debit card. Everything can be done online without any hassle and the customer service is second to none. I have accounts with other banks and so far none compares to ComSec.

    Price   10 / 10

    Features   10 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Joe (NSW), reviewed over 5 years ago

CommSec

CommSec savings account review

Overall rating   9 / 10

Wickedly good!

CommSec is wicked! ... in a good way. Let me start again. CommSec is awesome! I transfer my money into the savings account where I get a great interest rate and it's ready to go if the shares I am watching hit my buy price. It's also great to pass...

Full review

CommSec is wicked! ... in a good way. Let me start again. CommSec is awesome! I transfer my money into the savings account where I get a great interest rate and it's ready to go if the shares I am watching hit my buy price. It's also great to pass the hours at work, I sit there staring at the screen hitting the refresh every 2 seconds to watch the fractions of a cent constantly rise and fall from my investment.... it's like a financial lava lamp!

    Price   7 / 10

    Features   9 / 10

    Customer service   7 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Brendan (NSW), reviewed over 5 years ago

CommSec

CommSec savings account review

Overall rating   5 / 10

Too fussy

They keep changing things on it as it is linked to a share fund and are always changing passwords and account details all the time sometimes without notice and then you have to sit on the phone with Comsec trying to get it so you can use it on the...

Full review

They keep changing things on it as it is linked to a share fund and are always changing passwords and account details all the time sometimes without notice and then you have to sit on the phone with Comsec trying to get it so you can use it on the internet. Why don't they just leave the bloody account alone and stop stuffing not only myself but other Comsec customers around. No wonder people are changing to Westpac share trading products!!!

    Price   2 / 10

    Features   1 / 10

    Customer service   2 / 10

    Convenience   8 / 10

    Trust   4 / 10

Less

Roger (WA), reviewed over 5 years ago

CommSec

CommSec savings account review

Overall rating   7 / 10

Commsec have excellent online facilities. The online bank transfer facility is very handy and you can transfer between accounts with ease. The savings account has reasonable interest rates. I have had some poor customer service experience when...

Full review

Commsec have excellent online facilities. The online bank transfer facility is very handy and you can transfer between accounts with ease. The savings account has reasonable interest rates. I have had some poor customer service experience when trying to track down funds that were transfered to another bank. It took months for the funds to be found and returned to my account. the customer service reps at first were not very helpful and only improved marginally after alot of complaining.

    Price   8 / 10

    Features   9 / 10

    Customer service   3 / 10

    Convenience   9 / 10

    Trust   7 / 10

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Darren (QLD), reviewed over 5 years ago

CommSec

CommSec Direct Investment Account savings account review

Overall rating   5 / 10

Very poor customer service

I have shares with this bank they have just changed how you access the account. I've had no luck yet in seeing my account. i can't get in. Iv'e called several times and still have the same problem. I have 380 shares missing and they told me to...

Full review

I have shares with this bank they have just changed how you access the account. I've had no luck yet in seeing my account. i can't get in. Iv'e called several times and still have the same problem. I have 380 shares missing and they told me to ring the company. They don't know what's happened. To palm me off is not acceptable at all. If my shares are there, where are the rest? Not to happy with this operation from the commonwealth bank

    Price   7 / 10

    Features   4 / 10

    Customer service   6 / 10

    Convenience   4 / 10

    Trust   0 / 10

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Jody (VIC), reviewed almost 6 years ago

CommSec

CommSec savings account review

Overall rating   7 / 10

Commsec offers me a great interest rate, but there's no physical branch which means I need an account with a different bank. And my debit card isn't accepted at Woolworths group stores!

Full review

Commsec offers me a great interest rate, but there's no physical branch which means I need an account with a different bank. And my debit card isn't accepted at Woolworths group stores!

    Price   8 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   2 / 10

    Trust   9 / 10

Less

Jeremy (VIC), reviewed about 6 years ago

CommSec

CommSec savings account review

Overall rating   9 / 10

Way more pros than con no fees, can trade shares, high interest rates on savings compared to other banks with an A.T.M network which must be close to the best in Australia. The only con for some is that you do most of your transactions via the...

Full review

Way more pros than con no fees, can trade shares, high interest rates on savings compared to other banks with an A.T.M network which must be close to the best in Australia. The only con for some is that you do most of your transactions via the interest. Which may limit some people.

    Price   9 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Kevin (NSW), reviewed about 6 years ago

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Savings account comparisons on Mozo - rates updated daily

  • 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

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  • ANZ Online Saver

    ANZ Online Saver

    • Flexible high interest savings account plus exclusive online bonus interest offer for 3 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements

    special rate*

    2.55% p.a. (for $0 and over)

    Bonus rate for the first 3 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online.

    standard interest rate

    0.50% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Flexible high interest savings account plus exclusive online bonus interest offer for 3 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements
    • Special rate conditions: Bonus rate for the first 3 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online. Offer not available to beneficiaries for an ANZ Online Saver account held on trust within the past 6 months
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must be linked to ANZ deposit account.
    Overall rating

    7.7

    Based on 2117 ANZ savings account reviews

    Need more information?
    Go to site

    More info

  • ME Online Savings Account

    ME Online Savings Account

    • Savings Bank of the Year 2016
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees

    special rate*

    2.95% 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

    • Savings Bank of the Year 2016
    • 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

  • St.George Maxi Saver

    St.George Maxi Saver

    • 24/7 access online savings account
    • No monthly service fees
    • No minimum monthly balance or deposit required

    special rate*

    2.70% p.a. (for $0 and over)

    bonus rate for first 3 months

    standard interest rate

    0.80% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • 24/7 access online savings account
    • No monthly service fees
    • No minimum monthly balance or deposit required
    • Special rate conditions: Bonus rate for the first 3 months from account opening
    • Access: Branch access, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account with this provider
    Overall rating

    7.9

    Based on 724 St.George savings account reviews

    Need more information?
    Go to site

    More info

  • Westpac eSaver

    Westpac eSaver

    • Unlimited access to your money
    • Earn interest on every dollar
    • No monthly account service fee

    special rate*

    2.51% p.a. (for $0 and over)

    Bonus rate for the first 5 months from account opening

    standard interest rate

    0.80% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Unlimited access to your money
    • Earn interest on every dollar
    • No monthly account service fee
    • Special rate conditions: Bonus rate for the first 5 months from account opening
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account with this provider. $5 fee applies for all transactions except phone and internet banking
    Overall rating

    7.9

    Based on 1602 Westpac savings account reviews

    Need more information?
    Go to site

    More info

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