based on 46965 Commonwealth Bank product reviews as rated by Mozo community

Commonwealth Bank savings accounts

The Commonwealth Bank might be one of Australia's oldest and largest banks, but lately it's determined to do things differently. The Commonwealth Bank reckons it's focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank's wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

Commonwealth Bank offers the following savings accounts

Rates and fees verified as correct at 24 April 2024. Other information correct at the time of writing. Advertiser disclosure.
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

How are Commonwealth Bank savings accounts rated?

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.

Icon of savings-accounts
Commonwealth Bank savings accounts
Overall
Price
Features
Customer service
Convenience
Trust

13316 Reviews

Recent Commonwealth Bank savings account reviews

Commonwealth Bank GoalSaver
Overall 7/10
overall they are good to bank with, easy to use

staff are always helpful and suggestive, options available to cater to anyones needs and plenty of atm's around to access your cash fee free

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staff are always helpful and suggestive, options available to cater to anyones needs and plenty of atm's around to access your cash fee free

Price
8/10
Features
7/10
Customer service
9/10
Convenience
8/10
Trust
8/10
Less
Peter, Victoria, reviewed 21 days ago
Commonwealth Bank NetBank Saver
Overall 8/10
Lots of features like cardless cash and pay ID

Pretty happy with commonwealth bank, lots of features.

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Pretty happy with commonwealth bank, lots of features.

Price
6/10
Features
8/10
Customer service
6/10
Convenience
8/10
Trust
7/10
Less
Emily, Queensland, reviewed 21 days ago
Commonwealth Bank NetBank Saver
Overall 4/10
Reliability is great always a ATM nearby

I like my bank branches find staff very nice. The savings plan is easy to understand. The only complaint I have would be the length of time on phone you wait to spk to a customer service operator

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I like my bank branches find staff very nice. The savings plan is easy to understand. The only complaint I have would be the length of time on phone you wait to spk to a customer service operator

Features
5/10
Customer service
5/10
Convenience
5/10
Trust
5/10
Less
Rebee, Victoria, reviewed 21 days ago
Commonwealth Bank NetBank Saver
Overall 10/10
Good all round bank

Been with commbank about 3 years and have been very helpfull, i use it everyday and the customer services has been very helpful when i have had to call them. Loans are easy and stress free also.

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Been with commbank about 3 years and have been very helpfull, i use it everyday and the customer services has been very helpful when i have had to call them. Loans are easy and stress free also.

Price
9/10
Features
7/10
Customer service
8/10
Convenience
10/10
Trust
9/10
Less
Ethan, Queensland, reviewed 21 days ago
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