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Rates & Fees

Term Deposits

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 $2,000,000 and NetBank, our internet banking service for amounts of $5,000 to less than $2,000,000.

Term	Interest rate for $10,000 to $49,999	Interest rate for $50,000 to $1,999,999	Interest paid
60 months	4.50% p.a.	4.60% p.a.	Annually
36 - 47 months	4.40% p.a.	4.50% p.a.	Annually
12 months	3.95% p.a.	4.05% p.a.	At the end of the term
7 months	3.90% p.a.	4.00% p.a.	At the end of the term
3 months	3.90% p.a.	4.00% 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 $2,000,000.

Term	Interest rate	Choice of interest payment option
3 months	3.90% p.a.	Six monthly or compound six monthly
7 months	3.90% p.a.	Six monthly or compound six monthly
12 months	3.85% p.a.	Six monthly or compound six monthly

Term Deposit holding facility

The rates below are applicable to funds in the Term Deposit holding facility. When your funds are in the holding facility, they are renewed at a fixed interest rate every seven days until we receive your instructions for withdrawal, additional deposit or reinvestment for an agreed fixed term of one month or longer.

If you reinvest on a day that is not an interest payment date, the new term will commence from the last interest payment date. No interest is paid on funds in the holding facility for the current 7 day interest period if funds are withdrawn before the next interest payment date.

Balance	Interest rate
Less than $10,000	1.00% p.a.
$10,000 to $99,999	1.75% p.a.
$100,000 to $1,999,999	2.50% p.a.

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 - 6 May 2013
-Term Deposit Headline 36-47 month term - 6 May 2013
-Term Deposit Headline 12 month term - 6 May 2013
-Term Deposit Headline 7 month term - 6 May 2013
-Term Deposit Headline 3 month term - 6 May 2013
-Term Deposits 3 month term – applications via commbank.com.au - 6 May 2013 (6pm Sydney time)
-Term Deposits 7 month term – applications via commbank.com.au - 6 May 2013 (6pm Sydney time)
-Term Deposits 12 month term – applications via commbank.com.au - 6 May 2013 (6pm Sydney time)
- Term Deposit holding facility – 13 May 2013