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Commonwealth Bank savings accounts
Commonwealth Bank offers a range of savings account options, each one offering different features and benefits to better suit different savers.
Commonwealth Bank’s NetBank Saver account provides unlimited transfers to and from a CommBank everyday Smart Access transaction account. The GoalSaver savings account rewards you for making progress towards your savings goals by offering a bonus to your variable interest rate each month you deposit at least $200 and make no withdrawals. This extra incentive can help encourage you to build up your savings over time and make progress towards your saving goals. The Youthsaver savings account is available for Australians under 18 years old, and can help children learn about saving and financial discipline by offering bonus interest if they are regular savers.
Commonwealth Bank also offers term deposits, credit cards, personal loans, home loans, insurance, superannuation and financial planning. Commonwealth Bank has operations in Australia, New Zealand, Asia, Europe and North America.
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Why choose Commonwealth Bank
Commonwealth Bank Savings Accounts
Savings Accounts calculator
Use our savings account calculator to see how much you can earn under different investment scenarios.
The result provided is an estimate only. Please read our Calculator Assumptions and Disclaimer for more information.
Your savings at the end of the term would be
Total interest earned
$0
- This calculator provides an estimate of how much you would earn in interest based on your initial deposit (made at the end of the first period), regular deposits (credited to the savings account at the end of a period), interest rate and savings period.
- The Present Value provided by this calculator is displayed as the amount labelled 'Your savings at the end of the term'.
- Calculations assume that details entered into the calculator, including interest rates, do not change for the savings period. ‘Savings period’ assumes equal length of time.
- While standard interest rates are an annual percentage, the interest earned here is based on a daily calculation and paid monthly.
- The calculation rounds off the savings amount to the closest dollar value.
- All calculations are estimates only. All results are based solely upon the data entered into the calculator.
- Calculator does not include all fees and charges.
- Calculator does not account for changes to interest rates over time.
- This calculator is for information purposes only, is general and has not taken into account your personal circumstances. Consider whether you need financial advice from a qualified adviser. Read our full disclaimer.
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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.