Term Deposit Interest Rates

Interest rates¹

Rates vary depending on the term of your deposit. You can also find competitive rates for other terms of investment at any branch or by phoning 13 2221, 24 hours a day, 7 days a week. For interest rates on a Term Deposit balance of $500,000 and over, please visit any branch.

Term Deposit Headline Rates.

Interest rates displayed below under the terms 3 months, 5 months, and 12 months are based on interest paid at the end of the investment term, (referred to as interest paid at maturity below).

Term of 3 months (Interest paid at maturity)

Balance	Interest Rate
$10,000 to less than $500,000	6.00% per annum

 

Term of 5 months (Interest paid at maturity)

Balance	Interest Rate
$10,000 to less than $500,000	5.50% per annum

 

Term of 12 months (Interest paid at maturity)

Balance	Interest Rate
$10,000 to less than $500,000	5.00% per annum

 

Term Deposit Internet Only Rates (Six Monthly and Compound Six Monthly Interest Options only)

For balances $5,000 to $95,000 if applied via the Bank's web site at commbank.com.au or $5,000 to $499,999.99 if applied via Bank's Internet banking service (NetBank registered users only).

Term	Interest Rate
3 months	6.00% per annum
5 months	5.50% per annum
12 months	4.90% per annum

 

 Fees

No set up or establishment fee. If you seek prepayment of your term deposit prior to its maturity date, you may incur an interest adjustment and be charged an administration fee.

 

Important information

• 1. Interest rate effective date:
  • Term Deposit Headline 3 month term - 20 October 2008
  • Term Deposit Headline 5 month term - 20 October 2008
  • Term Deposit Headline 12 month term - 20 October 2008
  • Online Term Deposits 3 month term - 20 October 2008 (6pm Sydney time)
  • Online Term Deposits 5 month term - 20 October 2008 (6pm Sydney time)
  • Online Term Deposits 12 month term - 20 October 2008 (6pm Sydney time)