Get the Finder app 🥳

Connect your accounts & save

Install
finder.com.au

Commonwealth Bank Business Term Deposit

Alison Banney
Alison Banney
Last updated:  

Invest your surplus business funds in a business term deposit and enjoy fixed returns for the term length of your choice

The Commonwealth Bank Business Term Deposit allows you to invest your surplus business cash for a term length that suits you between one month and five years, and earn a fixed interest rate for the life of the term. This means you can have peace of mind knowing exactly what return your money will make.

Up to 1% p.a.

Interest rate

7 months interest rate

$5,000

Minimum opening deposit

$0

Account keeping fee

Details

Product NameCommonwealth Bank Business Term Deposit
3 month interest rate0.95%
4 month interest rate0.90%
6 month interest rate0.95%
7 month interest rate1.00%
9 month interest rate0.90%
12 month interest rate1.00%
24 month interest rate1.00%
36 month interest rate1.00%
48 month interest rate1.00%
60 month interest rate1.00%
Minimum Opening Deposit$5,000
Minimum Age Requirement18
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.

Key features

Terms from one month to five years

You can choose between a large range of term lengths from just one month to five whole years.

Minimum opening deposit of $5,000

You need a deposit of at least $5,000 to open this term deposit.

How to apply

You need to visit a Commonwealth Bank branch to open a Business Term Deposit. Make sure you meet the following eligibility criteria and have the necessary documents with you.

Eligibility

  • You must be a registered Australian business with an Australian Business Number (ABN).
  • You must have a Tax File Number (TFN) for your business (or a TFN exemption code).

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site