Commonwealth Bank Superannuation (Essential Super) Review

Commonwealth Bank logo

Commonwealth Bank is a provider of banking, home loans, investments, pension payments, corporate and personal superannuation, and insurance.

Essential Super is a superannuation fund run by Commonwealth Bank that is currently not available for new customers.  Existing members can still manage their account online through the CommBank app or NetBank.

Essential Super previously offered a Lifestage investment option, which was its default, MySuper product. In addition to this, the fund also offered Balanced, Cash Deposit and Australian Share investment options.

As Essential Super is not currently accepting new members, you can compare a range of other super funds on Canstar’s website if you’re considering switching.

Compare Super Funds with Canstar

Commonwealth Bank FAQs

Yes, Commonwealth Bank has a dedicated online portal for its super fund members.

Founded in 1911 by the Australian Government, Commonwealth Bank (or Commbank) is considered to be one of Australia’s ‘Big Four’ banks and is a leading financial services provider.

This content was reviewed as part of our fact-checking process.

Written by: Nina Rinella | Last updated: December 7, 2021