The fraudulent message informs recipients that their NetBank has been locked, prompting them to click a malicious link within the message to restore access. The message prompts the recipient to follow a malicious link within the SMS in order to restore access. The fraudulent message prompts recipients to follow a link to update their information within 24 hours to avoid their account being locked. The malicious link contains the words “commbank” and “netbank” in order to trick the recipient.

• Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit.
• CommBank will never ask you to confirm your identity or account details by clicking a link in an email.
• If you click on this link, it may try and install software that will compromise your device, including user details and passwords; and/or allow unauthorised access to your accounts.
• Potential investors who leave their personal details on the site are very likely to receive a call from the scammers.
• These scams may start with small tasks but can quickly escalate.

Report suspected scams to your financial institution immediately. Be wary of unsolicited contact, avoid clicking on links and always verify the legitimacy of the organisation offering assistance or requesting donations. We will not ask you to verify transactions via a link in an email or SMS message. They may claim you can earn money by completing simple tasks such as liking or following Instagram accounts or transferring funds in exchange for a commission. We are aware of several phishing scams reporting to be from ‘AusPost’ requesting you click on a link for an undelivered package or to rearrange delivery.

April 2026 – Alert: Fake Ads Targeting CommBank Customers

The interest rates you’re offered on a term deposit can vary depending on the provider, the amount you’re investing and the length of term you’re considering. You may, however, be offered a different interest rate if you choose to rollover the funds into a new term deposit. You can use Canstar’s term deposit calculator to get an idea of how much interest you can expect on your term deposit, based on the amount you invest, the term length, and the interest rate.

Term deposits are generally seen as being more suitable for longer-term savings goals, due to their consistent interest rates and lack of access to funds. With a term deposit, the interest rate is fixed for the set term of the investment, so the outcome is typically highly predictable. Term deposits and savings accounts are both secure investment options to consider, as long as they’re held by an ADI and are worth less than $250,000. While term deposits are considered a low-risk and certain investment return, they do still come with potential advantages and disadvantages.

Customers are directed to a webpage that asks them to provide their NetBank login, password, card and personal details such as phone number and address. Here are 4 ways you can increase the security of your CommSec account. Remember to Stop, Check, and Reject if you come across an investment opportunity that appears too good to be true.If you’re ever unsure, please contact us. Scammers are promoting an exclusive rate with claims of full financial protection under the Australian Government’s Financial Claims Scheme (FCS) and exceptional returns. Be cautious of fraudulent investment offers impersonating Commonwealth Bank (CommBank).

Term deposits vs. savings accounts

While this may not be good news for mortgage betting sites holders, savers could see better interest rates on savings accounts and term deposits, as banks usually adjust rates in line with cash rate changes. Message recipients are then prompted to click on a malicious link in the SMS to restore account access. Some customers have received hoax CommBank-themed SMS messages related to payees and PayID. Message recipients are prompted to click on a malicious link in the SMS to restore account access. The fraudulent SMS alerts the recipient that all online banking access has been locked, prompting users to click on a malicious link in the SMS to verify their identity. This message attempts to create a false sense of urgency by suggesting that their account will be suspended indefinitely unless the recipient updates their account information by following the link provided.

A CommBank-themed phishing email targeting customers is currently in circulation. This fraudulent email informs recipients that their NetBank will stop if they fail to login by clicking on a malicious link within the email and entering their credentials. A CommBank-themed SMS phish is currently targeting customers. You can validate the authenticity of any investment product offered by CommBank by contacting us directly through our official phone numbers, a full list of which is provided on our Contact Us page. CommBank urges you to please pause, reflect and review carefully before proceeding when considering any investment opportunity. Once completed, the scammers are asking individuals to register themselves using their Name, Email ID and Phone number.

Using illegal gambling sites means no protection under Australian law. Offshore gambling operators are not allowed to offer services to Australians. It must be on the register of licensed interactive gambling providers to operate in Australia.

A recent trend has occurred where customers are being targeted on Facebook by the celebrity CFD scam with Commonwealth Bank branding. We continue to monitor all our customer accounts closely to help protect you from unauthorised activity. We have observed a range of email and SMS phishing activity attempting to exploit concerns about compromised personal data or accounts. Once these details are provided the scammer will then steal the customer’s funds. The scammer is then able to convince the customer to provide further details, including payment information such as card details, as a protective measure in response to the data breach.

They should also have transparent terms and conditions that clearly outline wagering rules, bonus requirements, and withdrawal policies. You must be at least 18 years old to register and place bets with any Australian betting site. However, sports betting is legal and regulated under the Interactive Gambling Act 2001, with many local sites licensed in the Northern Territory.

Find out more about different types of scams and how scammers reach you. Pursuant to Part 7.8A of the Corporations Act 2001, Interactive Brokers Australia Pty Ltd has prepared target market determinations relating to certain financial products for which it is deemed to be the issuer. The information provided is of a general nature and has been prepared without taking into account any person’s financial circumstances, situations or needs. All forms of investments carry risk, the price of a financial instrument/product may move up or down and may also become valueless, and you may not get back the amount you have invested. You should also ensure you acquire and read our Financial Services Guide (‘FSG’) and understand our legal terms before opening an account with Interactive Brokers Australia.

We will not ask you to redeem points via a link in an email or SMS message. To be safe, always navigate directly to NetBank yourself and log on from the site you know to be genuine, rather than using any links in communications. We will never ask you to click through a link on an email and enter personal or banking details. Always navigate directly to NetBank yourself and log on from the site you know to be genuine, rather than using any links in communications. It’s important to Report suspected scams to your financial institution immediately.

Information and resources to help us protect our mob from scams. Put your scam sense to the test with our online quiz. Once they gain access to your phone they can receive verification codes, reset passwords and restrict access to your systems. Criminals are committing fraud by taking control of mobile phone numbers or making unauthorised changes to phone accounts. Here’s what our customers have to say about their experiences with CoinSpot. Download the CoinSpot app and manage your investments everywhere you go.

Remember we’ll never send you an email or SMS asking for personal information like your CommSec Client ID or password; or include a link to login directly from an SMS. Remember to Stop, Check and Reject and if you are ever unsure as to a communication’s authenticity, you can use one of the methods shown on commbank.com.au/support/contact-us.html to verify. A fraudulent SMS is currently circulating, attempting to deceive customers into redeeming CommBank Rewards points.