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CommBank Term Deposit

CommBank Term Deposit review. Rates up to 5.10% p.a.


Updated 3 December 2023

Top Pick
Bankwest Online Term Deposit
5.00%p.a. for 9 months

Interest paid at maturity

$1,000 minimum deposit

Interest Rates
$5,000 up to $49,999 deposit(% p.a.)
Term
Monthly
Interest
Interest
at Maturity/
Annually

1 month

-

1.20%

2 months

1.45%

1.45%

3 months

3.40%

3.45%

4 months

3.45%

3.50%

5 months

3.55%

3.60%

6 months

3.65%

3.70%

8 months

3.75%

3.80%

9 months

3.90%

3.95%

10 months

3.95%

4.00%

11 months

4.00%

4.05%

34 months

3.85%

3.95%

48 months

3.85%

3.95%

60 months

3.85%

3.95%

$5,000+ deposit(% p.a.)
Term
Monthly
Interest
Interest
at Maturity/
Annually

7 months

3.70%

4.20%

12 months

4.15%

5.05%

13 months

4.15%

5.05%

18 months

4.15%

5.05%

24 months

3.90%

5.10%

36 months

3.90%

4.00%

$50,000+ deposit(% p.a.)
Term
Monthly
Interest
Interest
at Maturity/
Annually

1 month

-

1.25%

2 months

1.50%

1.50%

3 months

3.45%

3.50%

4 months

3.50%

3.55%

5 months

3.60%

3.65%

6 months

3.70%

3.75%

8 months

3.80%

3.85%

9 months

3.95%

4.00%

10 months

4.00%

4.05%

11 months

4.05%

4.10%

34 months

3.90%

4.00%

48 months

3.90%

4.00%

60 months

3.90%

4.00%

Product Details
Feel confident knowing exactly how much your money will earn. Lock-in a competitive interest rate from as short as 1 month to as long as 5 years."
- CommBank
Early withdrawal

•

31 days notice is required for early withdrawal of funds

•

$30 early withdrawal fee

•

An adjustment to your interest may apply

Feature

•

Option to pay interest monthly, half-yearly, annually, or at maturity

•

Investments between $5,000 and $1,999,999.99

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the CommBank website.

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