About the Cash Deposit Account


Cash Deposit Account is one of our investment products that give you a choice of investment alternatives within the one account.

Your money can be invested in any combination of terms, all attracting competitive interest rates. Features include:

  • Invest in combination of at-call or fixed terms
  • Choose the term of your deposit, from overnight to five years
  • No account-keeping fees (standard government fees apply)
  • Make most transactions over the phone

Choose your options

  • Ideal for investing large sums and retaining ready access to your money
  • Same-day withdrawals available if you call your relationship manager by 4pm (Monday to Friday)
  • Minimum initial deposit of $50,000
  • Minimum balance of $10,000
  • Minimum transaction of $5,000 applies
  • Interest is calculated daily and paid monthly or quarterly

  • Purchase Security Investments – bank bills that can be linked to your cash deposit account
  • Minimum investment is $100,000
  • Terms from one day to 185 days (subject to availability)

  • Earn competitive market rates for a term you nominate
  • Minimum initial and ongoing deposit of $50,000
  • Terms from seven days to five years
  • Interest is calculated daily and paid monthly, quarterly, semi-annually or at maturity (for terms up to one year)

Important information

This advice has been prepared without considering your objectives, financial situation or needs. Before acting on this advice, please consider its appropriateness to your circumstances.

Cash Deposit Account is issued by the Commonwealth Bank of Australia. View our Financial Services Guide (PDF 59kb).

View terms and conditions for Cash Deposit Account (PDF 619kb) and consider them before making a decision about this product.