
Applying for a Commonwealth Bank account is fast and simple. Simply check the account you wish to apply for is displayed in Step 1.
For Step 2, select the apply option which best suits you, depending on whether you are a Commonwealth Bank customer or new to the Bank, then click Apply now.
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Transaction accounts |
Savings accounts |
Term deposits |
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Fixed returns on your terms
A Term deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you'll know exactly what your investment's worth.

What happens after I click "Apply now"?
It's easy to open a Term deposit in NetBank as we already hold your details.
Just follow the three simple steps below:
Step 1) Click Apply now button to get started
Step 2) Complete the application details
Step 3) Click Submit and we'll open your account
NetBank will show your Term deposit in real-time on your next log on, so you can see it straight away.
What do I need to apply?
You need to be over 18 and have your NetBank client number to apply.
You can open a joint Term deposit if you both have NetBank, otherwise apply here.
Register online for NetBank
It's easy to open a Term deposit online even if you don't currently have online banking. As part of your application we'll also register you for NetBank, Australia's #1 online banking service.
Step 1) Click Register & Apply to get
started
Step 2) Register for NetBank and complete your application
Step 3) Click Submit and we'll open your account
NetBank will show your Term deposit in real-time on your next log on, so you can see it straight away.
What do I need to register and apply?
You need to be over 18 and have your NetBank client number to apply.
To register for NetBank online you will need to have an existing Debit Card, Credit Card or KeyCard with a PIN number, as well as your telephone banking password.
If you do not have one of these requirements and would benefit from NetBank,
register today by calling
13 2221.
You can open a joint Term deposit if you both have NetBank, otherwise apply here.
Don't want to register for NetBank?
You'll need to apply here.
What happens after I click "Apply now"?
It's easy to open a Term Deposit online. Submit a quick online application, complete an ID check and we'll send details of your new Term Deposit. Just follow the three simple steps below:
Step 1) Click Apply now to get started
Step 2) Complete your application
Step 3) Click Submit and we'll open your account
For convenient, 24-hour banking, we have one of the largest ATM network of any Australian Bank.
