Rates and fees verified as correct at 25 November, 2020. 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 | 0.60% p.a.1 year | $5,000.00 | yes |
Different interest rates apply to different amounts or different interest payment frequencies.
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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.
843 Reviews
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.
Convenient bank for most locations and one of the most well-known and reliable banks.
Read full reviewConvenient bank for most locations and one of the most well-known and reliable banks.
