What is a Cash Deposit Account?

  • A Cash Deposit Account (CDA) is the all in one investment solution which gives you a choice of investment alternatives within the one account.

    Your money can be invested in any combination of terms or at call or fixed terms with competitive interest rates.  


    • Flexibility of any combination of at call or fixed terms
    • Ability to negotiate the pricing of the investment
    • No monthly account fees (standard government fees may apply)
    • Make most transactions over the phone or through Commbiz Markets

    Your Relationship Manager will work in partnership with you to design a comprehensive working capital solution customised for your organisation.

Choose your options

  • Fixed Term Deposit

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

    On the maturity date of your fixed term deposit, unless you have provided instructions to withdraw all or part of your fixed term deposit at maturity, the Bank will automatically reinvest your funds as an at call deposit within your CDA.

  • At Call Deposit

    • Earn a variable interest rate while your money is readily available
    • 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

    Withdrawals and deposits are made by phoning your Relationship Manager, visiting a branch of the Bank, or by phoning 1800 643 837 available Monday to Friday, 8:00am to 4:30pm Sydney time.

Interest rate

Standard Variable Interest Rate on At Call Deposits 

Interest rate
0.20% p.a.1

This is the standard interest rate applicable on CDA At Call. For further information on how interest rates are determined, refer to the CDA Terms and Conditions (PDF).

Details of current interest rates are available on request from your relationship manager, any branch of the Bank or by phoning 1800 643 837 Monday to Friday, 8:00am to 4:30pm Sydney time. 

Things you should know

  • 1 These rates are current as at 17 June 2022, but are subject to change at the Bank’s discretion.

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

    This information has been prepared without considering your objectives, financial situation or needs. Before acting on this information, please consider its appropriateness to your circumstances. Cash Deposit Account is issued by the Commonwealth Bank of Australia. View our Financial Services Guide (PDF).

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