Commonwealth Bank term deposits

Commonwealth Bank term deposits can be found here. Find more term deposits by visiting our compare term deposits page.

With so many different term deposits on the market now, it's a tough call to pick the best one. Mozo is Australia's online money info zone, with all the objective information you need to make the right term deposit choice. Find and compare Commonwealth Bank term deposits with Mozo.

The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans. Find Commonwealth Bank term deposits with Mozo.

 

This is how the Mozo community has rated your bank for its term deposits:

Commonwealth Bank's overall rating for term deposits is 7.1(rate this bank)

 

Commonwealth Bank offers the following term deposits

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Note that a short term deposit is less than 1 year and a long term deposit is 1 year or more.

Product Interest Rate
(1 year)		 Interest Rate
(30 days)		 Interest Payment Options*
Long Term Deposit ($100000 to $499999) 6.00% monthly, quarterly, half-yearly Add to shortlist
Long Term Deposit ($10000 to $49999) 6.00% monthly, quarterly, half-yearly Add to shortlist
Long Term Deposit ($50000 to $99999) 6.00% monthly, quarterly, half-yearly Add to shortlist
Long Term Deposit ($5000 to $9999) 1.50% monthly, quarterly, half-yearly Add to shortlist
Short Term Deposit ($10000 to $49999) 2.45% maturity Add to shortlist
Short Term Deposit ($5000 to $9999) 1.50% maturity Add to shortlist
Short Term Deposit ($100000 to $499999) 3.00% maturity Add to shortlist
Short Term Deposit ($50000 to $99999) 2.45% maturity Add to shortlist

*Different interest rates apply to different amounts or different interest payment frequencies.


Reviews of Commonwealth Bank term deposits

VIC Customer - Linda Janse van Rensburg

  • Overall Rating

    9

  • Pricing

    10

  • Product Features

    8

  • Customer Service

    10

  • Convenience

    10

  • Trust

    9

They make you feel like family, not treating you like they just want your money. Rather, they want to help you to invest your own money. – Linda Janse van Rensburg from Victoria, a Commonwealth Bank term deposit customer.   Reviewed about 17 hours ago

QLD Customer - Prue

  • Overall Rating

    3

  • Pricing

    5

  • Product Features

    2

  • Customer Service

    1

  • Convenience

    7

  • Trust

    3

One of the features is that my funds get to grow but I cant touch it for a specific amount of time that I choose. – Prue from Queensland, a Commonwealth Bank term deposit customer.   Reviewed about 18 hours ago

NSW Customer - quan

  • Overall Rating

    8

  • Pricing

    7

  • Product Features

    4

  • Customer Service

    8

  • Convenience

    9

  • Trust

    8

Commonwealth bank is the best bank i have ever seen, they have nice staff which are very helpful and patient. – quan from New South Wales, a Commonwealth Bank term deposit customer.   Reviewed 13 days ago

NSW Customer - Alex

  • Overall Rating

    8

  • Pricing

    7

  • Product Features

    5

  • Customer Service

    10

  • Convenience

    10

  • Trust

    10

I like that there are no fees for students. – Alex from New South Wales, a Commonwealth Bank term deposit customer.   Reviewed 13 days ago

NSW Customer - Yulianto

  • Overall Rating

    8

  • Pricing

    7

  • Product Features

    5

  • Customer Service

    7

  • Convenience

    9

  • Trust

    9

In general, the term deposit rates offered are less competitive than those of other banks. Yet, they do have good interest rates at the moment, compared to the other banks. – Yulianto from New South Wales, a Commonwealth Bank term deposit customer.   Reviewed 13 days ago

See all Commonwealth Bank term deposit reviews

Visit our compare term deposits page.

What else does Commonwealth Bank offer?

Below are the results for all Commonwealth Bank products, as rated by the Mozo community.

Product Type Overall Price Features Service Convenience Trust
Commonwealth Bank savings accounts 6.6 1871 REVIEWS 5.5 5.2 6.6 7.6 6.7
Commonwealth Bank bank accounts 6.5 1218 REVIEWS 5.5 5.5 6.6 7.6 6.7
Commonwealth Bank credit cards 6.5 1602 REVIEWS 5.3 5.7 6.3 7.6 6.7
Commonwealth Bank personal loans 6.4 248 REVIEWS 5.7 5.2 6.6 7.3 6.5
Commonwealth Bank home loans 6.6 956 REVIEWS 6.2 6.2 6.6 7.5 6.4
Commonwealth Bank term deposits 7.1 198 REVIEWS 6.5 5.4 7.0 7.2 7.3

Other providers of Term deposits

Commonwealth Bank also offers the following types of products