Rates and fees verified as correct at 19 January 2022. Other information correct at the time of writing. Advertiser disclosure.
| Product | Best rate (up to 1 year) | Minimum deposit | Interest paid to another bank? |
|---|---|---|---|
| Term Deposit | 0.25% p.a.1 year | $5,000.00 | yes |
Mozo users have rated Commonwealth Bank term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
844 Reviews
ATMs often out of order, branch staff try to guide me to use ATMs when trying to conduct personal banking and allow me to use teller staff when I insist!
Read full reviewATMs often out of order, branch staff try to guide me to use ATMs when trying to conduct personal banking and allow me to use teller staff when I insist!
Largest and most reliable during the pandemic.
Read full reviewLargest and most reliable during the pandemic.
Commonwealth Bank is reliable, and setup is straightforward for most accounts. However the interest rates are not that competitive.
Read full reviewCommonwealth Bank is reliable, and setup is straightforward for most accounts. However the interest rates are not that competitive.
I don't think you could be happy with a bank that offers close to 0% interest on saved deposits. But they certainly win when it comes to the customer service department.
Read full reviewI don't think you could be happy with a bank that offers close to 0% interest on saved deposits. But they certainly win when it comes to the customer service department.
† Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.