Rates & Fees

Interest rates

Earn a competitive rate for your investment. Rates vary depending on the term of your deposit. If you have more than $500,000 to invest or are currently overseas, we have a range of options to help.

Term Deposit headline rates

The rates below are available in branch for Term Deposit amounts of $10,000 to less than $500,000 and NetBank, our internet banking service for amounts of $5,000 to less than $500,000.

Term	Interest rate for $10,000 to $49,999	Interest rate for $50,000 to $499,999	Interest paid
60 months	5.60% p.a.	5.70% p.a.	Annually
36 - 47 months	5.20% p.a.	5.30% p.a.	Annually
12 months	4.90% p.a.	5.00% p.a.	At the end of the term
5 months	5.20% p.a.	5.30% p.a.	At the end of the term
3 months	5.40% p.a.	5.50% p.a.	At the end of the term

You can also find rates for other terms of investment at any branch or by phoning 13 2221, 24 hours a day, 7 days a week.

New to the Commonwealth Bank?

If you'd like to invest online and you don't currently have access to NetBank, you can apply now. Only the following rates and terms are available when you apply here.

The rates below are for Term Deposit amounts of $5,000 to less than $500,000.

Term	Interest rate	Choice of interest payment option
12 months	4.80% p.a.	Six monthly or compound six monthly
5 months	5.20% p.a.	Six monthly or compound six monthly
3 months	5.40% p.a.	Six monthly or compound six monthly

 

Fees

Term Deposits have no set up or establishment fee. If you seek prepayment of your term deposit prior to its maturity date, you may incur an interest adjustment and be charged an administration fee.
 

• Important information
  Interest rates on offer may vary at any time without notice.
  Interest rate effective date:
  -Term Deposit Headline 60 month term - 28 January 2012
  -Term Deposit Headline 36-47 month term - 28 January 2012
  -Term Deposit Headline 12 month term - 28 January 2012
  -Term Deposit Headline 5 month term - 28 January 2012
  -Term Deposit Headline 3 month term - 28 January 2012
• -Term Deposits 12 month term – applications via commbank website - 28 January 2012 (6pm Sydney time)
  -Term Deposits 5 month term – applications via commbank website - 28 January 2012 (6pm Sydney time)
  -Term Deposits 3 month term – applications via commbank website - 28 January 2012 (6pm Sydney time)

 

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