More than 100,000 CBA customers who were unable to access their funds over the weekend due to the delay in wage payments could be $50 richer.

CommBank customers on Twitter uploaded screenshots showing $50 deposits from CBA with a description reading "Sorry from CBA" (pictured below).

A statement on the CommBank website on Thursday said “significant progress” has been made in processing payments, but it’s suggested these were reimbursement fees and charges incurred – not in compensation for the outage.

"Commonwealth Bank has made a payment into the accounts of customers who were unable to access their funds over the weekend, due to the delay in payments," the statement said.

"We are now refunding fees and charges associated with the network issue on Thursday and the payments delay, for our customers who were impacted by this issue.

"We have made significant progress in processing the outstanding payments. We now believe funds should be in customer accounts."

Advertisement

Need somewhere to store cash and earn interest? The table below features introductory savings accounts with some of the highest interest rates on the market.

Rates
Features
Conditions
Other
Provider
3000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]Go to site
  • Intro rate for 3 months up to $50k, then 5.30% p.a. on paid Ultra plan up to $250k
  • No deposit or withdrawal conditions. New to Revolut customers for a limited time. Open savings account within 1 month of joining.
  • Total Interest Earned shown is for illustrative purposes and is based on monthly compounding. Actual Interest Earned will be higher from interest compounding daily instead of monthly.
Disclosure

Instant Access Savings Account ($0 - $50,000)

  • Intro rate for 3 months up to $50k, then 5.30% p.a. on paid Ultra plan up to $250k
  • No deposit or withdrawal conditions. New to Revolut customers for a limited time. Open savings account within 1 month of joining.
  • Total Interest Earned shown is for illustrative purposes and is based on monthly compounding. Actual Interest Earned will be higher from interest compounding daily instead of monthly.
Go to site
Disclosure
0000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]Go to site
  • Government backed protection.
  • $0 monthly account keeping fees.
  • 100% Australian-based support.
Disclosure

Personal Savings Account

  • Government backed protection.
  • $0 monthly account keeping fees.
  • 100% Australian-based support.
Go to site
Disclosure
0000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]Go to site
  • No account keeping fees
  • There’s no interest or fee penalties when you need to withdraw your money
  • Keep track of your savings goals with alerts and our mobile app
Disclosure

Flex Saver

  • No account keeping fees
  • There’s no interest or fee penalties when you need to withdraw your money
  • Keep track of your savings goals with alerts and our mobile app
Go to site
Disclosure
4001$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]Go to site
Disclosure

High Interest Savings Account (<$250k)

    Go to site
    Disclosure
    Important Information and Comparison Rate Warning
    Important Information and Comparison Rate Warning
    Compare More Savings Accounts

    An estimated eight million people were affected by the bank’s outage, which resulted in some temporary branch closures and stopped the Commbank app and NetBank payments working.

    Hordes of customers took to Twitter to vent their frustration, with some threatening to switch banks and even claiming they were unable to pay for fuel at the bowser or went hungry because they had no money for food.

    It’s understood the $50 is being handed out as a gesture of goodwill, according to a CBA spokesperson who told the Sydney Morning Herald the payment was a “small gesture to those customers over the weekend who couldn’t access their payments, so that would be primarily those people who couldn’t get their wages on Saturday and Sunday”.

    Savings.com.au has reached out to Commonwealth Bank to confirm the reports and clarify who is eligible for the $50 sum.

    Scam warning

    In its statement, the bank also iterated that it would not be contacting customers to ask for account details in order to process the payment.

    "If a customer is approached for their account details they should not provide this and the customer should let us know by phoning our call centre or visiting us in branch," CommBank said.