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Banking & Saving Commonwealth Bank Accounts

Compare Commonwealth Bank Accounts

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

Commonwealth Bank Accounts Review

With Commonwealth bank accounts you don't have to worry about being charged the earth in bank fees, with selected accounts offering bonus fee free accounts when meeting certain criteria. For example, deposit at least $2,000 per month into your bank account and qualify for a fee free account.

Commonwealth bank accounts allow you to pay for all of your everyday purchases at most retail outlets, online, and over the phone using your Debit MasterCard, giving you 24/7 access to your money at one of any 27 million locations throughout the world with unlimited fee free withdrawals on selected accounts.
Provider Account Interest %p.a Min Bal Monthly Fee Apply
No monthly account service fee (No min deposit required)
FREE Visa Debit card with every account
Unlimited Free NAB banking access via ATM, Branch or online.
0.10%
$1
$0 p.m.
Monthly account fee = $10 unless you deposit $5,000+
Unlimited Free NAB banking access via ATM, Branch or online.
0.10%
$1
$10 p.m.
Earn 5.00%p.a. (until 1st July 2010) for every month you don't make a withdrawal. No min balance.
5%
$0
$0 p.m.
Unlimited St.George Transactions for a flat monthly fee of $7 Inc. Visa Debit Card. Pay NO monthly fee if you deposit a minimum of $2,000 per month.
0%
$1
$7 p.m.
Unlimited electronic transactions St George Transactions - Branch Services & Cheques Chargeable
0%
$1
$3 p.m.
  • A NAB Visa Debit card
  • Choice of 4 card colours
  • Access to Visa Entertainment
  • 90 day Purchase Protection Insurance1
  • No minimum or opening balance requirements – open your account with just $1
  • Access to ATMs overseas anywhere the PLUS sign is displayed (fees apply)
  • Access to your money through the rediATM network with no additional ATM fees
  • Six monthly statement, however if NAB Visa Debit option is taken, statements are provided every two months
  • Check your balance, withdraw or deposit at any Australia Post Bank@Post outlet
  • No ATM fees
  • Make monthly deposits to avoid fee of:
  • NEB Gold = $10 fee - deposit $5,000pm to avoid this
  • A NAB Gold Visa Debit Card
  • NAB Gold Overseas Travel Insurance
  • NAB Gold Purchase Protection Insurance
  • Visa Zero Liability policy
  • Verification by Visa
  • Transaction monitoring
  • Daily cash withdrawal of $2,000 using NAB Gold Visa Debit card
  • No minimum or opening balance requirements – open your account with just $1
  • Access to your money through the rediATM network with no additional ATM fees
  • Access to ATMs overseas anywhere the PLUS sign is displayed
  • Six monthly statement, however if NAB Visa Debit option is taken, statements are provided every two months
  • Access at participating Australia Post outlets to check your balance, withdraw or deposit
  • No foreign currency conversion fees
  • $0 monthly fee
  • 5.00%p.a. interest on balances greater than $5,000 until 1 July 2010
  • No initial deposit required to open the account
  • Unlimited ATM transactions at almost 2,700 HSBC, Westpac, St.George and BankSA ^ branded ATMs nationally without incurring an ATM Operator Fee
  • Complimentary Online Security Device for maximum Internet Banking protection
  • Banking options within Australia at no charge including BPay®, HSBC branches, Bank@Post
  • Internet and Phone Banking access at no charge
  • Sale ends 26 March
  • Unlimited St.George Transactions for a flat monthly fee of $7
  • Monthly fee reduced to $0 if you deposit $2000+ per month
  • 10 Free SMS Alerts a month.
  • VISA Debit Card
  • Deposit cheques into your account via internet banking
  • No minimum monthly balance required
  • 24/7 access to Internet and phone banking
  • Cheque book available at your request.
  • Discounts on the monthly account service fee if your St.George Home Loan repayments are deducted from this account.
  • Unlimited electronic St.George Transactions. Branch Services & Cheques Chargeable. Flat monthly fee of $3
  • VISA Debit Card
  • Deposit cheques into your account via internet banking
  • No minimum monthly balance required
  • 24/7 access to Internet and phone banking
  • Unlimited ANZ transactions via ANZ ATMs, ANZ Internet and Phone Banking, EFTPOS, Cheques and ANZ Branches for $5 a month
  • Unlimited transactions via ANZ Internet Banking.
  • You can deposit your salary, and set up direct deposits into your account.
  • If you are aged under 18, or 60 and over, or are a full time student at an Australian educational institution, ANZ can waive the monthly account service fee.

Commonwealth News

ANZ and Commonwealth increase ATM fees
Despite agreeing to scrap ATM interchange fees within a year, the ANZ and Commonwealth banks have both announced increases to the fees. ...
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Fri 18th Jan, 2008