About Term Deposits


  • A low-risk investment ideal for maximising surplus cash in your business
  • Choose from a range of terms to fix your interest rate and avoid market fluctuations - anything from 1 month up to 5 years
  • Invest $5,000 or more
  • Manage your account online by providing maturity instructions in NetBank

How to open a Business Term Deposit

  • To open a new Business Term Deposit please visit your nearest branch
  • Have your ABN, Tax File Number (TFN) or TFN exemption handy. You don’t have to provide this information for your Term Deposit but, by law, we have to withhold tax if you choose not to

Find a branch

Easy to track your investment

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 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.

Things you should know

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.

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

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.