Product | Interest rate | Maximum rate | Govt deposit guarantee |
---|---|---|---|
GoalSaver |
0.40% p.a.(for $0 and over) |
4.90% p.a. (for $0 and over) |
Yes up to $250,000 |
NetBank Saver |
2.35% p.a.(for $1 and over) |
5.10% p.a. (for $1 and over) |
Yes up to $250,000 |
Youthsaver |
2.60% p.a.(for $0 and over) |
5.00% p.a. (for $0 to $50,000) |
Yes up to $250,000 |
Mozo users have rated Commonwealth Bank savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
13275 Reviews
As an avid customer of CommBank, I am thrilled to share my insights into why this bank has become my go-to choice for all my financial needs. CommBank, or the Commonwealth Bank of Australia, has consistently impressed me with its array of services and commitment to customer satisfaction. Pros: User-Friendly Online Platform: CommBank's online banking platform is intuitive and easy to navigate. Whether you're checking your balance, transferring funds, or managing your investments, the interface is designed with the user in mind, making banking convenient and hassle-free. Excellent Customer Service: One of the standout features of CommBank is its exceptional customer service. The support team is responsive, knowledgeable, and always ready to assist with any inquiries or issues. Whether you prefer to contact them via phone, email, or in-person at a branch, you can expect prompt and helpful assistance. Strong Security Measures: Security is a top priority for CommBank, and it shows in their robust security measures. From encryption to multi-factor authentication, they go above and beyond to protect your personal and financial information from unauthorized access, giving you peace of mind when banking online. Wide Range of Products and Services: CommBank offers a comprehensive suite of banking products and services tailored to meet the diverse needs of individuals, businesses, and organizations. Whether you're looking for savings and checking accounts, loans, investments, or insurance, you'll find a solution that fits your requirements. Extensive Network: With a vast network of branches and ATMs across Australia, CommBank ensures easy accessibility to banking services wherever you are. Additionally, their global presence through partnerships and affiliations makes it convenient to conduct transactions even when traveling abroad. Cons: Fees and Charges: While CommBank offers a wide range of services, some customers may find that certain fees and charges can add up, especially for specific transactions or account types. It's essential to familiarize yourself with the fee schedule to avoid any surprises. Interest Rates: Like many other banks, CommBank's interest rates on savings accounts and loans may not always be the most competitive in the market. It's advisable to compare rates with other financial institutions to ensure you're getting the best deal. In conclusion, CommBank has proven to be a reliable and trustworthy banking partner, offering user-friendly digital platforms, excellent customer service, robust security measures, and a wide range of products and services. While there may be some fees to consider and interest rates to compare, the overall banking experience with CommBank is highly positive. I wholeheartedly recommend CommBank to anyone seeking a comprehensive and convenient banking solution.
Read full reviewAs an avid customer of CommBank, I am thrilled to share my insights into why this bank has become my go-to choice for all my financial needs. CommBank, or the Commonwealth Bank of Australia, has consistently impressed me with its array of services and commitment to customer satisfaction. Pros: User-Friendly Online Platform: CommBank's online banking platform is intuitive and easy to navigate. Whether you're checking your balance, transferring funds, or managing your investments, the interface is designed with the user in mind, making banking convenient and hassle-free. Excellent Customer Service: One of the standout features of CommBank is its exceptional customer service. The support team is responsive, knowledgeable, and always ready to assist with any inquiries or issues. Whether you prefer to contact them via phone, email, or in-person at a branch, you can expect prompt and helpful assistance. Strong Security Measures: Security is a top priority for CommBank, and it shows in their robust security measures. From encryption to multi-factor authentication, they go above and beyond to protect your personal and financial information from unauthorized access, giving you peace of mind when banking online. Wide Range of Products and Services: CommBank offers a comprehensive suite of banking products and services tailored to meet the diverse needs of individuals, businesses, and organizations. Whether you're looking for savings and checking accounts, loans, investments, or insurance, you'll find a solution that fits your requirements. Extensive Network: With a vast network of branches and ATMs across Australia, CommBank ensures easy accessibility to banking services wherever you are. Additionally, their global presence through partnerships and affiliations makes it convenient to conduct transactions even when traveling abroad. Cons: Fees and Charges: While CommBank offers a wide range of services, some customers may find that certain fees and charges can add up, especially for specific transactions or account types. It's essential to familiarize yourself with the fee schedule to avoid any surprises. Interest Rates: Like many other banks, CommBank's interest rates on savings accounts and loans may not always be the most competitive in the market. It's advisable to compare rates with other financial institutions to ensure you're getting the best deal. In conclusion, CommBank has proven to be a reliable and trustworthy banking partner, offering user-friendly digital platforms, excellent customer service, robust security measures, and a wide range of products and services. While there may be some fees to consider and interest rates to compare, the overall banking experience with CommBank is highly positive. I wholeheartedly recommend CommBank to anyone seeking a comprehensive and convenient banking solution.
As an avid customer of CommBank, I am thrilled to share my insights into why this bank has become my go-to choice for all my financial needs. CommBank, or the Commonwealth Bank of Australia, has consistently impressed me with its array of services and commitment to customer satisfaction. Pros: User-Friendly Online Platform: CommBank's online banking platform is intuitive and easy to navigate. Whether you're checking your balance, transferring funds, or managing your investments, the interface is designed with the user in mind, making banking convenient and hassle-free. Excellent Customer Service: One of the standout features of CommBank is its exceptional customer service. The support team is responsive, knowledgeable, and always ready to assist with any inquiries or issues. Whether you prefer to contact them via phone, email, or in-person at a branch, you can expect prompt and helpful assistance. Strong Security Measures: Security is a top priority for CommBank, and it shows in their robust security measures. From encryption to multi-factor authentication, they go above and beyond to protect your personal and financial information from unauthorized access, giving you peace of mind when banking online. Wide Range of Products and Services: CommBank offers a comprehensive suite of banking products and services tailored to meet the diverse needs of individuals, businesses, and organizations. Whether you're looking for savings and checking accounts, loans, investments, or insurance, you'll find a solution that fits your requirements. Extensive Network: With a vast network of branches and ATMs across Australia, CommBank ensures easy accessibility to banking services wherever you are. Additionally, their global presence through partnerships and affiliations makes it convenient to conduct transactions even when traveling abroad. Cons: Fees and Charges: While CommBank offers a wide range of services, some customers may find that certain fees and charges can add up, especially for specific transactions or account types. It's essential to familiarize yourself with the fee schedule to avoid any surprises. Interest Rates: Like many other banks, CommBank's interest rates on savings accounts and loans may not always be the most competitive in the market. It's advisable to compare rates with other financial institutions to ensure you're getting the best deal. In conclusion, CommBank has proven to be a reliable and trustworthy banking partner, offering user-friendly digital platforms, excellent customer service, robust security measures, and a wide range of products and services. While there may be some fees to consider and interest rates to compare, the overall banking experience with CommBank is highly positive. I wholeheartedly recommend CommBank to anyone seeking a comprehensive and convenient banking solution.
Read full reviewAs an avid customer of CommBank, I am thrilled to share my insights into why this bank has become my go-to choice for all my financial needs. CommBank, or the Commonwealth Bank of Australia, has consistently impressed me with its array of services and commitment to customer satisfaction. Pros: User-Friendly Online Platform: CommBank's online banking platform is intuitive and easy to navigate. Whether you're checking your balance, transferring funds, or managing your investments, the interface is designed with the user in mind, making banking convenient and hassle-free. Excellent Customer Service: One of the standout features of CommBank is its exceptional customer service. The support team is responsive, knowledgeable, and always ready to assist with any inquiries or issues. Whether you prefer to contact them via phone, email, or in-person at a branch, you can expect prompt and helpful assistance. Strong Security Measures: Security is a top priority for CommBank, and it shows in their robust security measures. From encryption to multi-factor authentication, they go above and beyond to protect your personal and financial information from unauthorized access, giving you peace of mind when banking online. Wide Range of Products and Services: CommBank offers a comprehensive suite of banking products and services tailored to meet the diverse needs of individuals, businesses, and organizations. Whether you're looking for savings and checking accounts, loans, investments, or insurance, you'll find a solution that fits your requirements. Extensive Network: With a vast network of branches and ATMs across Australia, CommBank ensures easy accessibility to banking services wherever you are. Additionally, their global presence through partnerships and affiliations makes it convenient to conduct transactions even when traveling abroad. Cons: Fees and Charges: While CommBank offers a wide range of services, some customers may find that certain fees and charges can add up, especially for specific transactions or account types. It's essential to familiarize yourself with the fee schedule to avoid any surprises. Interest Rates: Like many other banks, CommBank's interest rates on savings accounts and loans may not always be the most competitive in the market. It's advisable to compare rates with other financial institutions to ensure you're getting the best deal. In conclusion, CommBank has proven to be a reliable and trustworthy banking partner, offering user-friendly digital platforms, excellent customer service, robust security measures, and a wide range of products and services. While there may be some fees to consider and interest rates to compare, the overall banking experience with CommBank is highly positive. I wholeheartedly recommend CommBank to anyone seeking a comprehensive and convenient banking solution.
I would recommend a youth saver account for families wanting to save money on the side as there's no tax or charges and you actually gain interest aswell.
Read full reviewI would recommend a youth saver account for families wanting to save money on the side as there's no tax or charges and you actually gain interest aswell.
I’ve never had a problem at all Both my children have had dollar savers accounts And they’re very good handling their money aswell Thank you Fingers crossed I win
Read full reviewI’ve never had a problem at all Both my children have had dollar savers accounts And they’re very good handling their money aswell Thank you Fingers crossed I win