CommBank GoalSaver Summary
Description
A variable-rate savings account with a monthly balance-growth requirement for bonus interest.
Benefits
- No monthly savings-account fee.
- No upper balance cap in the reviewed ongoing pricing.
Hoops
- Applicants must be at least 18.
- For bonus interest, make at least 1 qualifying deposit each month, grow the balance by at least $0.01 each month. Check the full requirements below.
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Details
Key details
| Product name | CommBank GoalSaver |
|---|---|
| Maximum variable rate | 5.25% p.a. |
| Ongoing interest rate | 5.25% p.a. |
| Base interest rate | 0.10% p.a. |
| Minimum age | 18 years |
Source: noren.com.au
All comparison details
| Base | 0.10% |
|---|---|
| Ongoing | 5.25% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| Dep $/mth | - |
| Growth/mth | $0.01 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 18 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.10% p.a., before bonus interest.
- Ongoing: 5.25% p.a. when bonus conditions are met. No upper cap.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.10% | Whole balance | All balances |
| Ongoing total, conditions met | 5.25% | Whole balance | All balances |
Source: noren.com.au
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Requirements
- Make at least 1 deposit(s) each calendar month.
- Increase the month-end balance by at least $0.01, excluding interest and bank-initiated transactions.
Fees
- Monthly account fee: $0, Account fee only.
- Additional paper statement: $2.50, Outside the standard statement cycle.
- Transaction listing / ad-hoc paper statement: $2.50, Paper copies requested separately.
Showing reviewed fees only, other charges may apply
Account access & other features
App, NetBank and branch access
- Manage savings through the CommBank app, NetBank or a branch.
- Goal Tracker supports savings targets and regular transfers for eligible sole-name accounts.
How to apply
Check these eligibility requirements before applying with CommBank.
- Applicants must be 18 or older.
- New online applicants need an Australian residential address and accepted identification.
- Online opening is for personal sole-name accounts. Joint applicants need to visit a branch.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected and verified on 31 Oct 2026.