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With a minimum of $5,000 and a fixed interest rate scaled to its maturity date, you can make a savings plan that helps you achieve your financial goals. This is a fee free term deposit that locks your money away, helping you to resist the urge to spend your savings.
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Product Name | Commonwealth Bank Term Deposit - $5,000 - $49,999 |
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3 month interest rate | 0.10% |
4 month interest rate | 0.15% |
6 month interest rate | 0.25% |
7 month interest rate | 0.30% |
9 month interest rate | 0.40% |
12 month interest rate | 0.60% |
24 month interest rate | 0.95% |
36 month interest rate | 1.45% |
48 month interest rate | 1.75% |
60 month interest rate | 1.95% |
Minimum Opening Deposit | $5,000 |
Minimum Age Requirement | 18 |
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. |
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February 28, 2020
Hi I like to fixed deposit for term of four months $5000 how much money I got after for months please give me information
February 28, 2020
Hi Rashpal,
Thanks for your comment and I hope you are doing well.
When you deposit $5,000.00 on the Commonwealth Bank Term Deposit for 4 months, you get a 1.10% interest rate. This means, you will earn $55.00 which gives you a total of $5,055.00 at the end of the 4th month. Note that the interest is paid at maturity only.
As a friendly reminder, review the eligibility criteria, fees, interest rates, and terms & conditions of the chosen account before applying. You may also contact the bank should you have any questions about their product.
Best,
Nikki
August 29, 2019
Hi Dear,
If I have the amount $30,000 and I want to invest that in a term deposit for 3 months, how much would be interest rate and how much interest I can earn for this amount?
Thanks a lot!
August 29, 2019
Hi Anna,
Thank you for getting in touch with Finder.
As of this writing, the interest rate for Commbank’s term deposit between $5,000 to $49,999 is 1.60% p.a. for 3 months. Since you mentioned that you’re thinking to deposit $30,000 you may earn the rate of 1.60% for 3 months which will be paid at the end of the term. The estimated calculated earned interest for your investment of $30,000 with an interest rate of 1.60% p.a. for 3 months is $120.16.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
May 9, 2019
How much percentage is the net saver, please?
May 10, 2019
Hi Marshall,
Thank you for contacting Finder.
For the Commonwealth Bank NetBank Saver Account, you can earn up to 2.51% maximum interest rate but it is only applicable if this will be your first time opening the said account. You can learn more about the Commonwealth Bank NetBank Saver Account.
Please make sure that you’ve read the relevant T&Cs or PDS of this account to help consider whether the product is right for you.
I hope this helps.
Please do not hesitate to reach out again to us if you have additional questions.
Cheers,
Ash
March 5, 2018
i have 225,000 in my term dep can i move 5000 to net bank saver
March 5, 2018
Hi Atish,
Thanks for your question.
If you have money in your term deposit account, you can only withdraw or transfer it to your Net Saver account upon its maturity. If you choose to transfer the funds before maturity, you must give CommBank at least 31 days notice of your intent. This will result in an adjustment of the interest to match the new terms, along with an administration fee.
Cheers,
Anndy
May 16, 2017
I desperately need to access my term deposit as work died off but bank saying 31 days but I need now. Is it possible with commonwealth bank
May 16, 2017
Hi Ross,
Thanks for your question.
Commonwealth Bank also requires at least 31 days notice in case you want to terminate your term deposit account earlier. You may have to directly get in touch with them if you want to negotiate getting your term deposit.
Cheers,
Anndy