NetBank Saver
- *Limited time only
- An online savings account that links to your CommBank transaction account and provides instant access to your money.
- Easy access to your money 24/7 via phone or internet
- Bank securely with Netcode SMS and fraud prevention technologies
What is CommBank NetBank Saver?
NetBank Saver An online savings account with the flexibility to move money in and out of your linked CommBank transaction account using NetBank or the CommBank app.
Are there any fees for using my NetBank Saver?
There are no fees for using your NetBank Saver but fees may apply to your linked CommBank transaction account. Fees will also apply if you request paper statements. If you’re new to CommBank or do not have an existing transaction account, we’ll automatically open an Everyday Account Smart Access for you when you open your NetBank Saver.
Can I Delete my NetBank savings account?
Once I delete my netbank savings account will any of those transactions still print out in my smart access account transactions Yes. How come you can still get transactions details for up to two years then just ring 132221 and ask them to close it for you. Yes, they are. Can I open a net bank saver in my mother's name.
Can I transfer money between my NetBank Saver account and Commonwealth Bank?
The NetBank Saver account allows you to access your money whenever you like. However, you will need a Commonwealth Bank transaction account that is linked to your NetBank Saver account in order to transfer money to and from each account.
How does a NetBank Saver work?
Access your money online at any time with a linked CommBank transaction account. If you don't have an existing transaction account to link to your NetBank Saver, then we'll automatically open a Smart Access account for you when you open a NetBank Saver. Fees may apply to this account.
Is NetBank Saver free?
Key features. When you sign up for a NetBank Saver account, you can be confident knowing that there are zero account keeping fees and unlimited free phone and internet transactions. You'll be looking at an introductory rate of 0.25% for the first five months.Dec 15, 2021
Can you withdraw money from NetBank Saver?
Yes, you can withdraw from your NetBank Saver account at any time. Just log in to NetBank and go to the Accounts tab. Select your NetBank Saver account and then click on the Withdraw button. You can choose to have the money transferred to your nominated bank account or you can have it sent as a cheque.
Is NetBank Saver good?
The bank fees are low (compared to other) and the customer services at the branches are good and clerks are friendly. The netbank app is also easy to use. With the Netbank Saver account, you can get 0.5% interest when you have some excess money on your account.
Is NetBank Saver a savings account?
An online savings account with the flexibility to move money in and out of your linked CommBank transaction account using NetBank or the CommBank app.
How do I open a NetBank account?
Download the Nedbank Money app to open your account in five minutesOpen the app and select 'Become a client'.Enter your ID and cellphone number.Consent to our processing your personal info.Follow the prompts to confirm your details.Give our app permission to access your camera.More items...
What is the highest interest savings account in Australia?
5 top high interest savings accounts in Australia*Savings accountInterest rateING Savings MaximiserUp to 1.35% p.a.AMP Saver AccountUp to 1.35% p.a.86 400 Save AccountUp to 1.20% p.a.Rabobank High Interest SavingsUp to 1.35% p.a.1 more row
Can I open a savings account that I can't touch?
Certificate of Deposit (CD) You cannot touch your money during that term. A term can range anywhere from three months to five years (60 months). In return for not having access to your money, you earn a higher interest rate then you would with just a savings account.Aug 20, 2018
Are savings accounts free?
Free Savings Accounts vs. Traditional savings accounts are offered by big, national banks and typically charge a monthly maintenance fee to keep the account open. You can often get the fee waived by maintaining a minimum balance, but if your balance dips below that requirement even for a month, you'll be charged a fee.
How do I deposit money into NetBank?
Transfer money between CommBank accounts in NetBankLog on to NetBank.Select Transfers & BPAY.Choose the account you would like to transfer from and to.Enter the amount, a description and confirm when – now, later or set up a regular payment and choose Next.Click Pay to confirm the payment.
Can I direct debit from NetBank Saver?
Yes. You can direct debit from a Netbank Saver.Nov 2, 2011
Can I close NetBank Saver account online?
To close your NetBank Saver account, you can go to the NetBank website and log in. From there, click on “Accounts” and then “NetBank Saver”. Under the “Close Account” tab, confirm that you want to close your account by checking the box next to “I want to close my account.”
What is Netbank saver?
Linked to a Commonwealth Bank transaction account, the NetBank Saver provides you with a convenient way to manage your savings without having to pay any fees for your transactions. If you apply now, you will have the added benefit of bonus interest applied to your deposits, allowing you to grow your savings quicker than you had thought.
How much do you need to deposit to open NetBank saver?
In order to open the NetBank Saver you will need to make a minimum deposit of at least $0. Tax file number. Your tax file number (TFN) or TFN exemption code ensures that Commonwealth Bank is deducting the correct amount of tax on your earned interest.
What is a TFN tax file number?
Tax file number. Your tax file number (TFN) or TFN exemption code ensures that Commonwealth Bank is deducting the correct amount of tax on your earned interest. You can choose to not provide this information, but the bank will then be legally obligated to withhold taxes at the highest marginal rate. Identification.
Details
Rates and fees information correct as at 25 February 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
About Commonwealth Bank
The Commonwealth Bank might be one of Australia's oldest and largest banks, but lately it's determined to do things differently. The Commonwealth Bank reckons it's focusing more on customer service and earning your business rather than counting on it.
bad customer service
i been on calls nearly 1 hour 35 min still no answer at all i been scammed and try to report the bank and this crap customer service not helping me still on hold even i didnt talk to any body yet it been more then an hour an half really bad service
Commonwealth bank is always doing upgrades
I was on the phone for over an hour and a half, can't access bank because there always doing upgrades on the weekend can't do my banking on line, can't talk to a operator or transfer funds to cover bills coming out.
THE WORST
Constantly crashing and updating key times no way to access your information no way to access net codes no where to transfer money bank does not give money to customers that have been affected.
Good service
Since coming to Australia I have been a customer of commbank. For the past two years I have experience good, fast and friendly service. The bank fees are low (compared to other) and the customer services at the branches are good and clerks are friendly. The netbank app is also easy to use.
Savings account is a SCAM
Do not bank with commbank. Do not set your kids up with COMMBANK. I had been with Commbank since my parents opened an account for me. When I turned 18, I had to change my Youth saver account to the Netbank saver. This is when I started noticing problems.
Vultures
Over a period of 9 months Commbank have Continually changed my Interest Rate without notifying me as per the terms set out in there product disclosure!
ATMs always down
It seems every time I go to use a commonwealth branch it’s always “out of service” so annoying meaning I have to then drive to the next towns atm. Seriously
What is a savings account?
A savings account that helps you teach your child the value of money and how to save. We reward bonus interest on balances up to $50,000 when your child grows their savings balance each calendar month (this excludes interest and bank-initiated transactions).
How to save for a goal?
This could be for you if you want: 1 To save for a goal e.g. holiday 2 To earn bonus interest when you grow your savings balance each calendar month 3 To save regularly
How long after opening Netbank saver?
Initially, for the 3 months after opening, all money should go into the NetBank Saver as you earn the same interest rate and have no deposit commitment or withdrawal impediment.
How much do you top up on NAB reward saver?
NAB reward saver is close – you only have to top up by $1 each month and there is no upper limit on what the reward interest pays on and their base interest rate is higher than CBA...
