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Commonwealth Bank
Savings Accounts Review

Compare Commonwealth Savings Accounts Compare Commonwealth Savings Accounts – read our review and compare the features and benefits available from Commonwealth. Make an informed decision to find a Savings Account that suits you.

Commonwealth offers a range of savings accounts, each tailored to meet a specific set of requirements commonly sought after by savers. Each account is different, allowing you to decide which features are most likely to suit your needs, giving you the best support for achieving your saving goals.

Whether you're looking to kick off your savings by making your fist opening deposit, you want to be rewarded for making a single monthly deposit without making any withdrawals, or you wish to deposit savings accumulated over time such as a superannuation fund, so you can to sit back and watch them grow from a great interest rate, Commonwealth savings accounts have a solution that is ideal for your individual needs.

Making your savings plan a reality and achieve your goals with a Commonwealth savings account

Top 5 Savings Accounts products*

Provider
Account
Notice
Interest Paid
Min Bal
Apply
Rate includes a bonus 2.00% p.a. which is fixed for the first 3 months.
3.00%
Instant
Quarterly
$1
Earn 2.25% every month you make at least one deposit and no withdrawals.
2.25%
Instant
Quarterly
$1
Earn a competitive variable interest rate from the first dollar, calculated daily, paid monthly. No monthly account service fee. Free unlimited Online withdrawals.
0.25%
Instant
Monthly
$1

BankSA Investment Cash Account

BankSA
  • Earn a competitive variable interest rate on cash investments
  • Easy at call access in branches, ATMs, chequebook and online 24/7
  • Automate deposits like your salary, investment income, etc with direct credits
  • Perfect for Self Managed Super Funds (SMSFs) as a cash hub account, to keep SMSF cash separate from personal cash.

BankSA Maxi Saver

BankSA
  • Access your funds through your eligible working account in branch or 24/7 online, via mobile or phone banking.
  • No monthly service fees.
  • No minimum monthly balance or deposit required

BankSA Incentive Saver

BankSA
  • Earn bonus interest every month you make at least one deposit and no withdrawals
  • No account service fees
  • No minimum monthly balance required
  • Great for people saving towards a goal. Encourages you to save.

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