Commonwealth Bank account types

The Commonwealth Bank of Australia (CBA) offers a variety of account types tailored to meet the diverse financial needs of individuals. Whether you're looking for everyday banking, saving goals, fixed-term investments, or trading opportunities, CBA has options designed to suit your lifestyle and objectives.

Everyday Banking Accounts

CBA provides several checking accounts designed for daily transactions and convenience. These include the Smart Access account for most customers, as well as accounts tailored for specific groups such as pensioners and students, like the Pensioner Security Account. These accounts offer easy access to funds with features that cater to your everyday banking needs.

Savings Accounts

For those who want to save flexibly, CBA offers savings accounts such as the NetBank Saver and GoalSaver. These accounts come with flexible conditions allowing you to replenish and withdraw money as needed while benefiting from competitive interest rates and digital management via NetBank and the CommBank app.

Term Deposits

Term deposits allow you to invest a lump sum for a fixed period at a guaranteed interest rate. CBA offers a range of terms to suit different financial goals, providing security and predictable returns for your savings.

Trading Accounts

For customers interested in investing, CBA offers trading accounts to facilitate buying and selling securities. These accounts are designed to support your investment activities with access to a range of markets and investment options.

Overall, Commonwealth Bank’s diverse account offerings ensure that individuals can find the right products to manage their finances effectively, whether for everyday banking, saving, investing, or trading.