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Australia's biggest bank has so far failed to pass on the latest official interest rate rise on to its everyday savers.
The Commonwealth Bank was the first major lender on Tuesday to announce it had passed on in full the Reserve Bank of Australia's 0.25 percentage point rate increase to its variable rate home loan borrowers.
But when it came to savings accounts, CBA was the only bank yet to act as of Thursday afternoon.
The other big banks - Westpac, NAB and ANZ - have all increased their bonus savings rates by a quarter of a percentage point.
RateCity research director Sally Tindall said CBA customers had every right to feel upset.
'This is a hugely disappointing decision from CBA,' she said.
Australia's biggest bank has so far failed to pass on the latest official interest rate rise on to its everyday savers (pictured a Melbourne branch of Commonwealth Bank)
'Savings customers with Australia’s biggest bank have a right to feel ripped off.
'The bank has offered up nothing for kids, and nothing for regular savers.'
From May 13, NAB's Reward Saver rate rises to a maximum rate of 0.5 per cent.
Westpac's Life product will have a 0.5 per cent savings rate from May 17.
ANZ's Progress Saver account will have a 0.4 per cent rate by May 13.
But the Commonwealth Bank's GoalSaver stays at 0.25 per cent - the lowest of the major banks.
CBA is instead
