CommBank
NetBank 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.
Savings & transaction accountsBank updated 23 Sept 2026
At a glance
- Base rate
- 2.10%
- Intro rate
- 3.10% for 5 mo
- Monthly fee
- $2.50
§ 01 — Rates · 5
| 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 | — | 3.10% | — | 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 | — | — | — | 2.10% | — | 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 | 2.10% | — | 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+ | 2.10% | — | 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 | 2.10% | — | paid every 1 mo |
§ 02 — Fees · 2
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Paper Statement Fee | Event | $2.50 | — | A fee charged when you ask us to give you a paper copy of transaction listings, past statements or ordered statements. |
| Paper Statement Fee | Periodic | $2.50 | Every 1 mo | A fee charged for all issued paper statements on accounts designed exclusively for electronic use. |
§ 03 — Features
Instant paymentsDigital bankingUnlimited transactions
- · 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.
§ 04 — Eligibility & 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…
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by CommBank under the Consumer Data Right, last changed by them on 23 Sept 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.