Commonwealth Bank Term Deposit

Commonwealth Bank

2.60%13 months

yes

 

Rates

  • 1.90% ($5,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.35% ($10,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.40% ($10,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $49,999)

    2.00% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.35% ($10,000 to $49,999)

    2.45% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.50% ($10,000 to $49,999)

    2.60% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.50% ($10,000 to $49,999)

    2.60% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.60% ($10,000 to $49,999)

    2.70% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.70% ($10,000 to $49,999)

    2.80% ($50,000 to $1,999,999)

  • 1.90% ($5,000 to $9,999)

    2.80% ($10,000 to $49,999)

    2.90% ($50,000 to $1,999,999)

  • yes

  • yes

  • 31 days notice required if customers want to withdraw their funds before the maturity date.

  • none

About Commonwealth Bank

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.

How are Commonwealth Bank term deposits rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
6.6

Based on 154
Commonwealth Bank term deposits reviews

5.9 5.5 6.9 7.2 6.9

Read Commonwealth Bank term deposit reviews by the Mozo community

Latest reviews of Commonwealth Bank Term Deposit

Commonwealth Bank

Commonwealth Bank Term Deposit term deposit review

Overall rating   10 / 10

Great service and personal care

Commonwealth Bank have treated me like family. They explain in everyday language where you can get the best terms for our money.
Full review

Commonwealth Bank have treated me like family. They explain in everyday language where you can get the best terms for our money.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Joan (NSW), reviewed over 1 year ago

5 people found this review helpful – do you? Yes

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Commonwealth Bank

Commonwealth Bank Term Deposit term deposit review

Overall rating   5 / 10

Competitive

It's close, easy to deal with, got several products that are most needed for average person; don't like small returns - big fees!
Full review

It's close, easy to deal with, got several products that are most needed for average person; don't like small returns - big fees!

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   6 / 10

    Trust   5 / 10

Less

Marianna (VIC), reviewed over 1 year ago

1 person found this review helpful – do you? Yes

Flag this review

Commonwealth Bank

Commonwealth Bank Term Deposit term deposit review

Overall rating   3 / 10

Not the best interest rates for long term deposit

Many mistakes when the account was set up. I am not sure if I would use the bank again. Only part which I liked was an internet banking which is easy to use.
Full review

Many mistakes when the account was set up. I am not sure if I would use the bank again. Only part which I liked was an internet banking which is easy to use.

    Price   2 / 10

    Features   3 / 10

    Customer service   4 / 10

    Convenience   2 / 10

    Trust   2 / 10

Less

Renata (SA), reviewed over 1 year ago

Was this review helpful? Yes

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Commonwealth Bank

Commonwealth Bank Term Deposit term deposit review

Overall rating   4 / 10

Good customer service but low interest rates

Commonwealth Bank is secure with a great reputation but has the lowest interest rates & has high fees.
Full review

Commonwealth Bank is secure with a great reputation but has the lowest interest rates & has high fees.

    Price   3 / 10

    Features   4 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Marianna (NSW), reviewed over 1 year ago

1 person found this review helpful – do you? Yes

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Commonwealth Bank

Commonwealth Bank Term Deposit term deposit review

Overall rating   8 / 10

The best customer service ever

The bank has been extremely helpful and their customer service is excellent. I have no problem recommending them to anyone.
Full review

The bank has been extremely helpful and their customer service is excellent. I have no problem recommending them to anyone.

    Price   10 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Sarie (TAS), reviewed over 1 year ago

Was this review helpful? Yes

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