Commonwealth Bank Term Deposit

  • Commonwealth Bank
  • 3.30%1 year

  • yes

Term

Rates

1 month

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

2 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

3 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

4 months

2.20% $5,000 to $9,999

3.00% $10,000 to $1,999,999

5 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

6 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

7 months

2.20% $5,000 to $9,999

3.05% $10,000 to $1,999,999

8 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

9 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

10 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

11 months

2.20% $5,000 to $9,999

2.40% $10,000 to $49,999

2.50% $50,000 to $1,999,999

1 year

2.20% $5,000 to $9,999

3.20% $10,000 to $49,999

3.30% $50,000 to $1,999,999

13 months

2.20% $5,000 to $9,999

3.10% $10,000 to $49,999

3.20% $50,000 to $1,999,999

2 years

2.20% $5,000 to $9,999

3.10% $10,000 to $49,999

3.20% $50,000 to $1,999,999

3 years

2.20% $5,000 to $9,999

3.60% $10,000 to $49,999

3.70% $50,000 to $1,999,999

4 years

2.20% $5,000 to $9,999

3.50% $10,000 to $49,999

3.60% $50,000 to $1,999,999

5 years

2.20% $5,000 to $9,999

4.00% $10,000 to $49,999

4.10% $50,000 to $1,999,999

Automatic rollover
yes
Interest paid to another bank?
yes
Other restrictions
none
Other benefits
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
Commonwealth Bank term deposit 6.5 Based on 10
Commonwealth Bank term deposit reviews
6.6 4.9 6.3 8.0 7.6

Read Commonwealth Bank term deposit reviews by the Mozo community

Latest reviews of Commonwealth Bank Term Deposit

  • Great service and personal care

    1. Overall customer rating
    2. (Reviewed 9 months ago)

    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.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank term deposit review by Joan from New South Wales

    5 people found this review helpful – do you? Yes flag

  • Competitive

    1. Overall customer rating
    2. (Reviewed 9 months ago)

    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!


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank term deposit review by Marianna from Victoria

    1 person found this review helpful – do you? Yes flag

  • Not the best interest rates for long term deposit

    1. Overall customer rating
    2. (Reviewed 9 months ago)

    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.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank term deposit review by Renata from South Australia

    Was this review helpful? Yes flag

  • Good customer service but low interest rates

    1. Overall customer rating
    2. (Reviewed 9 months ago)

    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.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank term deposit review by Marianna from New South Wales

    Was this review helpful? Yes flag

  • The best customer service ever

    1. Overall customer rating
    2. (Reviewed 10 months ago)

    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.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    Commonwealth Bank term deposit review by Sarie from Tasmania

    Was this review helpful? Yes flag

  • Show more reviews

Rates shown are for interest paid annually, or on maturity for terms less than 1 year.

Compare other term deposits

Popular term deposits