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Important disclosure

Compare Commonwealth Bank Savings Accounts

for $5,000 over 1 year
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Compare 100s of high interest savings accounts

Did you know you can compare 100s of savings accounts? Review the highest interest rates, calculate earnings and apply online. Compare savings accounts on our main comparison page and find the best account for your needs.

Compare and review Commonwealth Bank savings accounts

Save time and compare all the savings accounts offered by Commonwealth Bank.

You can also review and compare Commonwealth Bank term deposits and Commonwealth Bank transaction accounts.

What savings account options does Commonwealth Bank offer?

Commonwealth Bank has 3 savings account products:

  • Youth Saver Account
  • NetBank Saver
  • GoalSaver

View the above table for detailed product information, interest rates, fees and calculate your potential returns.

How to apply for a Commonwealth Bank savings account?

If you’d like to apply online for a Commonwealth Bank savings account, just scroll up and click on “Learn more” to be taken to Commonwealth Bank’s secure online application form. Before you apply, be sure to learn about Commonwealth Bank’s savings account products, fees and eligibility criteria.

Give yourself around 20 minutes to complete the savings account application.

You will also need:

  • an Australian residential address
  • Accepted ID such as drivers licence and passport
  • For some savings accounts you will also need a linked transaction account
  • For some savings accounts you will need to deposit a minimum amount
  • Foreign tax residents will require a foreign tax number

Who can apply for a Commonwealth Bank savings account?

  • You must be an Australian resident with an Australian residential and mailing address
  • You must be at least 12 years or over

Commonwealth Bank savings account calculator

Want to calculate how much you could potentially earn with your Commonwealth Bank savings accounts? Just use the filter to change your deposit amounts to calculate approximate earnings. Your potential earnings are calculated and displayed in the table.

Other benefits included with Commonwealth Bank savings accounts

Below is a list of features and benefits offered by Commonwealth Bank. Note, the below features are not available with all accounts. Review the above product table to see which accounts offer which features:

  • Internet banking
  • Phone bank
  • ATM access
  • EFTPOS facility
  • Branch access
  • $0 account keeping fees

Want to get the most of your savings? Read our savings tips for Australians.