Community First Online Saver Summary
Description
An online savings account that allows you to move money in and out via internet banking or the mobile app and that pays interest every month on balances, regardless of how you save.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Ongoing rate cap: $249,999.99. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Community First Online Saver |
|---|---|
| Maximum variable rate | 3.50% p.a. |
| Ongoing interest rate | 3.50% p.a. |
| Base interest rate | 3.50% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 3.50% |
|---|---|
| Ongoing | 3.50% |
| Ongoing cap | $250K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| 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: 3.50% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 3.50% | This band only | First $249,999.99 |
| Standard variable | 4.00% | This band only | Over $249,999.99 to $1m |
| Standard variable | 0.00% | This band only | Over $1m |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- Variable interest calculated daily. No minimum opening deposit or separate introductory offer. $0 ordinary monthly account fee, service, inactivity and dormancy charges may apply under the current schedule.
- No monthly deposit, growth, purchase or withdrawal-count interest qualification. Interest is paid monthly.
- The Summary of Accounts explicitly pays rates on each tier balance up to $1 million. Source bands end at $249,999.99 and $1 million, only excess portions earn their corresponding rates, including nil beyond $1 million. The displayed annual rate is weighted at the selected balance.
- Access only through internet banking or the mobile app. No debit card, cash access, direct debits or PayTo. A $2 monthly inactive-account fee can apply after a year without account transactions, alongside the separate $20 annual membership dormancy fee where applicable.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Community First.
- Reviewed personal AUD savings scenario. Community First Bank membership, subscription for a member share and identity checks are required. The CommFCU source is separate from the Easy Street brand despite the shared issuer.
- Personal members with internet banking access, no universal numeric minimum age is supplied by the reviewed Online Saver TMD or account summary.
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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 on 31 Oct 2026. Pricing verified on 28 Oct 2026.