Is CommBank GoalSaver good?
Jessica Cortez
Updated on April 30, 2026
Easy to use and reliable service. I love CommBank because it is so reliable and convenient. The app is just amazing and I can easily transfer funds between accounts or to people with no issues.
People also ask, is Netbank Saver or GoalSaver better?
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. After that, the GoalSaver earns you more interest, but you must deposit by $200 and only make one withdrawal (plan it well)
Also, what is the interest rate for GoalSaver? 0.40%
Similarly, it is asked, can you withdraw from GoalSaver?
You can access funds whenever you like. You can withdraw your funds using the online withdrawal service, by calling 0818 365 254, or in your branch.
How does the GoalSaver account work?
This account offers bonus interest when you deposit at least $200 per month and make no withdrawals. The Commonwealth Bank Goal Saver Account pays bonus interest when you meet the monthly deposit conditions and make no withdrawals from the account.
Related Question Answers
Can someone transfer money to my Netbank Saver Account?
You can't transfer money from another financial institution directly into a Netbank 'Netsaver' account with CBA. Netbank only allows payments to your Complete Access account and then you can transfer funds 'internally' to your Netsaver to earn at least a pittance of interest.What is the best savings account in Australia?
5 top high interest savings accounts in Australia*| Savings account | Interest rate |
|---|---|
| ING Savings Maximiser | Up to 1.35% p.a. |
| AMP Saver Account | Up to 1.25% p.a. |
| 86 400 Save Account | Up to 1.20% p.a. |
| ME Bank Online Savings Account | Up to 1.10% p.a. |
How do I avoid Commonwealth Bank Fees?
The fee will be waived if:- You're under 25 years of age, or.
- You deposit at least $2,000 per month (excludes Bank initiated transactions), or.
- You're on Student Options3, or.
- You meet other criteria.
Does CommBank charge bank fees?
You'll be charged a monthly account fee if you don't meet the conditions required to have it waived. The fee will depend on which product you have. For more information about monthly account fees, please refer to the terms and conditions of our Transaction, Savings and Investment Accounts.What is CommBank 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.What is the difference between Netbank Saver and Smart Access?
You can only move money out of the Netbank Saver to the nominated linked account (typically this would be the CBA transaction account, in which case it is [almost] instant). The Complete Access account has a $6 monthly account keeping fee, whereas the Smart Access account has a $4 account keeping fee.What is the highest savings interest rate?
Best high-yield savings accounts in May 2021- Axos Bank – 0.61% APY, $250 minimum opening deposit.
- Vio Bank – 0.57% APY, $100 minimum opening deposit.
- Live Oak Bank – 0.55% APY, $0 minimum opening deposit.
- Alliant Credit Union – 0.55% APY, $5 minimum opening deposit.
- Comenity Direct – 0.55% APY, $100 minimum opening deposit.
What is the interest rate for Commonwealth Bank?
Savings Investment Account^Balance Interest rate $100,000 and over 0.05% p.a. $50,000 – $99,999 0.05% p.a. $20,000 – $49,999 0.01% p.a. $10,000 – $19,999 0.01% p.a. $5,000 – $9,999 0.01% p.a. $2,000 – $4,999 0.01% p.a. Less than $2,000 0.01% p.a.
Can I have 2 GoalSaver accounts?
You can also open a joint GoalSaver account with one other person.Which bank is best for savings Singapore?
Best Savings Accounts in Singapore (2021)- HSBC Everyday Global Account (Premier) Welcome GiftFeatured.
- BOC SmartSaver. S$1,500.
- Maybank Save Up Programme. S$500.
- DBS Multiplier Account. Popular.
- POSB Multiplier Account. Popular.
- OCBC 360 Account. S$1,000.
- UOB One Account. SingSaver's Exclusive Offer.
- POSB SAYE Account. S$0. Min.
Can you direct debit from a goal saver?
Yes you can. not an only internet account. Best way to save in this account is to set up a direct debit from your main account with direct credit to the Goal Saver ALSO this avoids having to keep track of what one pays in each month.Can I lock my savings account?
No, you cannot lock your savings account. However, you can place your money in an account that penalizes you for withdrawing funds before a specified “maturity” date. Some examples of accounts with early withdrawal penalties are: Certificates Of Deposit, 401Ks, and IRAs.How do I close an account CommBank?
You can close your Commonwealth Bank account at any branch, provided you have appropriate identification. You can also close your account over the phone, by calling 132 221, 24 hours a day.Can you lock your savings account Commonwealth?
To qualify for a Commonwealth locked savings account with the advertised features, you will need to fulfil specific criteria such as: Depositing a fixed minimum amount into the account every month. Making a fixed number of deposits each month. Making a minimum or no withdrawals each month.How do I delete a Commonwealth Bank NetBank Saver?
Step 1- Go to Admin click Service.
- From View service accounts choose the Disabled accounts tab.
- Click the Edit button at the bottom of the page.
- You need to disable an account before removing it from the service.
- You can search for account names or numbers to pick the account you'd like to remove.
How do I setup my CommBank goal saver?
How to set a savings goal:- Log on to the CommBank app.
- View accounts.
- Tap on your NetBank Saver or GoalSaver account to set up a savings goal. At the same time you can set up a recurring payment from your Smart Access account to your goal. It makes it easy – set & forget.
