Features & benefits

Earn guaranteed returns

If you don't need instant access to your extra cash, set a return rate and watch your investment grow.

Select a term that suits you

Tailor your returns based on your business needs, with flexible terms from 8 days to 5 years.

Manage easily online

Securely see, manage and renew your investment in the CommBank app and NetBank. 

Added flexibility of a holding facility

We’ll keep your funds secure in a holding facility for up to 6 months after maturity.^

Rates & terms

Rates for deposits between $5,000 and $1,999,999.1

Interest rate
Interest paid
1 month
1.25% p.a.
At the end of the term
3 months
3.50% p.a.
At the end of the term
6 months
3.75% p.a.
At the end of the term
12 months
4.25% p.a.
60 months
4.00% p.a.
Latest interest rates as of 27 June 2023. Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Rates on offer may vary at any time without notice.


  • $0

    There are no set up or establishment fees.

  • If you withdraw part or all of your funds earlier, prepayment interest adjustment and a $30 administration fee may apply. 

How to open online 

It will take about 10 minutes

  • Step 1: Find the rate and term that suits you.  
  • Step 2: Tell us your account preferences
  • Step 3: When your account is ready to be opened, we’ll email you. This usually takes around 48 hours

Open online now

You'll need:

  • An Australian Business Number (ABN) 
  • A CommBank transaction account linked to your business
  • At least $5,000 to invest, available in your transaction account

Need help applying? Contact your Relationship Manager, call 1800 643 837 Mon–Fri, 8am–4:30pm (Syd/Melb time) or visit a CommBank branch.

Have more than $1,999,999 to invest?

  • If you're looking to invest more than $1,999,999 or are a Financial Institution customer, contact your Relationship Manager or call 1800 643 837 Mon–Fri, 8am–4:30pm (Syd/Melb time).


A term deposit locks an amount of money away for an agreed length of time - the ‘term’. It means you can't access the money until the term is up. You'll get a guaranteed rate of interest for the term you select, so you’ll know exactly what the return on your money will be.

You can open an account online if you’re:

  • A sole trader
  • A sole director of an Australian private company (Pty Ltd)
  • A self-managed super fund (SMSF)

You’ll need to have an existing NetBank ID and CommBank business transaction account in the same name. You’ll use this account to transfer funds across to open your Business Investment Account. 

You can easily view, track and manage your Business Investment Account alongside your other accounts in NetBank and the CommBank app. Here, you can opt-in for free account alerts (email or NetBank notifications) and e-notices. 

Roughly a week before your Business Investment Account matures, we'll send you a letter with your options, which are:

  1. Renew your Business Investment Account for another term to immediately lock in a new fixed interest rate. You can also top it up with additional funds or withdraw a portion of your funds
  2. Withdraw your investment, including the interest you’ve earned
  3. Place your funds in a holding facility while you decide what to do. If you don’t provide instructions, your funds will be placed in our holding facility and continue to earn an applicable interest rate (paid weekly)^

You can let us know your maturity instructions in NetBank, by contacting your Relationship Manager, visiting any branch or by calling 1800 643 837 Mon–Fri, 8am–4:30pm (Syd/Melb time).

You'll need to provide 31 days' notice if you want to withdraw your money before the end of your term. This may may reduce returns, and incur a prepayment interest adjustment and administration fee.

If you're experiencing hardship and need your funds before the expiration of 30 days, please contact us immediatley. 

Things you should know


    1 The above interest rates are not applicable to Financial Institution customers. If you are a Financial Institution customer, please contact your Relationship Manager for details of the interest rates available on your Business Investment Account.

    ^ If you don't provide instructions for your Business Investment Account at maturity, your funds will be automatically placed into our Business Investment Account holding facility. When your funds are in the holding facility, they're renewed at a fixed interest rate every seven days until we receive your instructions. You can give us instructions at any time, once you decide what you want to do. Holding facility funds earn an interest rate, which may be lower than the rate offered for a fixed term and may be subject to change. If your funds have been left in the Business Investment Account holding facility for more than 6 months, we'll automatically renew your funds as a rolling 1 month term at the standard interest rate at the time, until you provide us with instructions.

    The target market for this product will be found within the product’s Target Market Determination.

    This information has been prepared without taking into account your individual or business needs and objectives. You can view the General Information and Terms and Conditions for Business Investment AccountsElectronic Banking Terms and Conditions (PDF) and our Financial Services Guide and should consider them before making any decision about these products and services.

    Interest rates on offer may vary at any time without notice.