Commonwealth Bank Business Term Deposit Review | Finder
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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 0.35% p.a.

Interest rate

12 months interest rate

$5,000

Minimum opening deposit

$0

Account keeping fee

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Details

Product NameCommonwealth Bank Business Term Deposit
3 month interest rate0.08%
4 month interest rate0.10%
6 month interest rate0.10%
7 month interest rate0.10%
9 month interest rate0.15%
12 month interest rate0.35%
24 month interest rate0.25%
36 month interest rate0.25%
48 month interest rate0.25%
60 month interest rate0.25%
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).

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