Short term investments

Term deposit
If you don't need instant access to your money, our term deposit provides a fixed interest rate, with a range of terms and interest payment options.
More...

Cash Deposit Account
Benefit from the one-account concept by separating your investment funds into any combination of at-call, fixed term, or security investments (bank bills). With competitive interest rates, you can select a term that best suits you – from overnight up to five years.
More... 

Business Online Saver
Business Online Saver is a self-service at-call account that pays a high rate of interest on your surplus funds. You now have the freedom to manage your money the way you want without the need to lock your money away.
More... 

Security investments
Security investments (otherwise known as bank bills or negotiable certificates of deposit accepted or endorsed by Australian banks) are an attractive alternative investment to cash accounts. They offer competitive rates that are fixed until the investment matures.
More... 

Other short term investment facilities
We can help you with further information on the above investment solutions – and also provide assistance on the rest of our comprehensive investment range. Some of these include:

• Commercial paper
  Commercial paper is available for investments of $500,000 or more for a short term (usually between 7 and 185 days) and provides access to higher rates of return than those generally available on alternative short term investments. It can provide you with the opportunity to diversify a short term money market portfolio while (in most instances) earning rates of return above bank bills.
• Currency enhanced deposits
  The currency enhanced deposit is a term deposit, denominated in Australian Dollars, that offers a guaranteed minimum interest rate and the potential to earn bonus interest if a specified exchange rate rises or falls to a specified level on a specified future date. It is for investment amounts of $100,000 or greater.
• Farm Management Deposit Account
  The Farm Management Deposit Account is a tax-effective investment that allows primary producers to set aside pre-tax income in good years to establish cash reserves and help meet costs in other years. It provides the opportunity to shift before-tax income from years when it is least needed to years when it is most needed. It allows the deduction of the amount of deposits from assessable income, with interest paid on 100 per cent of eligible deposits. Both fixed term and at call options are available. Special legislative requirements must be adhered to with the Farm Management Deposit Account.

• Important information. As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.
  
  All products mentioned on this web page are issued by the Commonwealth Bank of Australia, view our Financial Services Guide (PDF 59kb). View disclosure documents for Term Deposit (PDF 247kb),  Money Market Call Account (PDF 252kb),  Commonwealth Cash Management Trust (PDF), Currency Enhanced Deposit (PDF 126kb),  Farm Management Deposit Account General Information and Terms & Conditions (PDF 2.53mb), Cash Deposit Account (PDF 619kb). Security Investments - Negotiable Certificates of Deposit (issued by the Commonwealth Bank of Australia) (PDF 429kb) and Security Investments - Negotiable Certificates of Deposit (issued by a bank other than the Commonwealth Bank of Australia (PDF 393kb) and consider them before making any decision about these products.
  
  If you have a complaint, the Bank’s dispute resolution process can be accessed on 13 2221.