About Term Deposits

As the interest rate is fixed for the term you select, you’ll have the security of knowing that your interest income is protected from fluctuations in investment markets. You can open an account with a minimum of $5,000.

Choose the term of your deposit:

  • Term in days - 30 to 990 days
  • Term in months - 1 to 60 months

Choose your interest payment frequency:

  • Four-weekly
  • Compound four-weekly
  • Six-monthly
  • Compound six-monthly
  • Annually
  • Compound annually

  • Competitive fixed interest rates
  • Known rate of return
  • Flexible range of terms and interest payment options
  • Can open and renew online, as well as link your Term Deposit to your CommBiz account

Easy to track your investment

Fixed rate

Fixed rate

The fixed rate of return means you’ll always know what your investment’s worth and can plan how to use your earnings.


Manage online

See, keep track of and manage your Term Deposit, alongside your other accounts, in NetBank.

Opt-in for free alerts

Opt-in for free alerts

Opt in and we’ll send you an email, SMS or a notification in NetBank before your Term Deposit matures. So you can let us know if you want to renew, withdraw your money or arrange a combination of the two.

Important Information

This advice has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness to your circumstances. Commonwealth Bank of Australia issues all products mentioned on this web page. View our Financial Services Guide.

View Product Disclosure Statement (PDS) and our General Information and Terms and Conditions for Term Deposits, and consider them before making any decision about these products.