Savings account · 14+ years
CommBank NetBank Saver
2.30%p.a. total
No bonus conditions: the rate is paid every month
5.50% for the first 5 months, then 2.30%135th of 151 savings accounts · market average 4.37%
The RBA raised the cash rate to 4.60% on 30 September. NetBank Saver moved on 9 October, 9 days later.
What it asks
Nothing each month- Each month
Nothing. The rate is paid every month.
- Who can open it
Anyone 14 or over
- Balance
No balance cap.
Rate history
Last change 9 Oct- NetBank Saver
- RBA cash rate
- Market average
October 20261 change
- 9Fri
- 2.10 → 2.30Total rate 2.10% → 2.30% · 9 days after the RBA rise to 4.60%+0.20
May 20261 change
- 15Fri
- 1.95 → 2.10Total rate 1.95% → 2.10% · 9 days after the RBA rise to 4.35%+0.15
- #64MarMar 2026: ranked 64 of 64
- #76AprApr 2026: ranked 76 of 76
- #79MayMay 2026: ranked 79 of 79
- #79JunJune 2026: ranked 79 of 79
- #80JulJuly 2026: ranked 80 of 80
- #80AugAug 2026: ranked 80 of 80
- #108SepSep 2026: ranked 108 of 120
- #134OctOct 2026: ranked 134 of 150
- #135NowNov 2026: ranked 135 of 151
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Mostly outside the top half of accounts over the last 9 months: from #134 of 150 in Oct 2026 to #64 of 64 in Mar 2026.
- Interest a year
- $1,150
- Each month
- $96
- Against the average (4.37%)
- −$1,034
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Notes from savers
to leave a note.
Often compared with: CommBank GoalSaver
Other Commonwealth Bank accounts: Youthsaver Account 5.30% · GoalSaver 5.25%
Pays 2.30% p.a. with no bonus conditions as of 1 November 2026. Ranks 135th of 151 savings accounts tracked by BankMate, 2.07 points below the average of 4.37%. The rate last rose on 9 October 2026, 9 days after the RBA raised the cash rate to 4.60%. From Commonwealth Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·