CommBankNetBank Saver
An online savings account with the flexibility to move money in and out of your linked CommBank transaction account using NetBank or the CommBank app.
At a glance
- Base rate
- 2.30%
- Intro rate
- 3.20% for 5 mo
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| No bonus conditionsPaid whatever you deposit or spend | 2.30% | 4.80%MoveBank's Online Saver | 2.25%of 61 institutions | 30th highest of 61 |
Rates
Every rate CommBank publishes for this account, 5 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| IntroductoryFixed bonus margin for the first 5 months on your first NetBank Saver. The variable introductory interest rate will not apply to NetBank Saver accounts which are jointly owned where one of the accoun… | - | 5 mo intro | - | 3.20% | - | paid every 1 mo; Fixed bonus margin for the first 5 months on your first NetBank Saver.; Fixed bonus margin for the first 5 months on your first NetBank Saver. The introductory interest rate will not apply to NetBank Saver accounts which are jointly owned where one of the account holders… |
| Variable | - | - | - | 2.30% | - | paid every 1 mo |
| VariableThe variable interest rate may vary from time-to-time, as set out in your letter of offer, and subject to terms and conditions. | - | - | up to $50,000 | 2.30% | - | paid every 1 mo |
| VariableThe variable interest rate may vary from time-to-time, as set out in your letter of offer, and subject to terms and conditions. | - | - | $250,000+ | 2.30% | - | paid every 1 mo |
| VariableThe variable interest rate may vary from time-to-time, as set out in your letter of offer, and subject to terms and conditions. | - | - | $50,000–$250,000 | 2.30% | - | paid every 1 mo |
Rate changes
5 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 9 Oct 2026 | Introductory, 5 mo intro | 3.10% | 3.20% | up 0.10 |
| 9 Oct 2026 | Variable | 2.10% | 2.30% | up 0.20 |
| 9 Oct 2026 | Variable, up to $50,000 | 2.10% | 2.30% | up 0.20 |
| 9 Oct 2026 | Variable, $250,000+ | 2.10% | 2.30% | up 0.20 |
| 9 Oct 2026 | Variable, $50,000–$250,000 | 2.10% | 2.30% | up 0.20 |
Each change is logged the night it appears in the rates CommBank publishes. See how every lender answered the RBA on the rate tracker.
Fees
2 fees published, grouped by when they're charged.
While you hold it1
- Paper Statement Fee
A fee charged for all issued paper statements on accounts designed exclusively for electronic use.
$2.50 a month
When particular things happen1
- Paper Statement Fee
A fee charged when you ask us to give you a paper copy of transaction listings, past statements or ordered statements.
$2.50
Features
- Use QR Cardless to deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM
- Whether you have a savings goal in mind or want to build a buffer for those 'just in case' moments, Goal Tracker in the CommBank app helps you set and reach your goals.
Eligibility and limits
- Minimum age 14
- Available to individuals
- For customers wanting to apply online, they will require an Australian residential address.
- If you're already a CommBank customer, you'll need your NetBank Client Number. If you're not already a CommBank customer, your Australian driver's licence, Medicare card, passport or Australian birth…
- You'll need to link an eligible CommBank transaction account to your NetBank Saver. Eligible accounts can be a Smart Access, Complete Access, Everyday Offset, Pensioner Security, or Streamline Basic…
Compare it with others
Put this product through a calculator
Published by CommBank under the Consumer Data Right, last changed by them on 9 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.