Commonwealth Term Deposit Rates

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Commonwealth Bank

Commonwealth Bank was established in 1911 by the Australian government, it is one of the four major banks of Australia. Commonwealth Bank is a multinational bank which has various businesses all over the world including in the USA, United Kingdom and New Zealand. The Bank has approximately 1011 branches and 3350 ATMs over the country it also owns BankWest another of Australia’s banks. Lightning roulette casino games.

The information supplied below is linked directly to the banks website and therefore is as up to date as the banks rates.

The interest rate set below is for a 12 month term deposit and requires a minimum investment of $50,000 to less than $1,999,999 with an annual maturity. The rate of 1.60% is 0.13% higher than the average 1.47%. Slot space. Also it is 1.15% lower than the highest rate 2.75 Updated Aug, 2019. On CBA's secure website. Investing $100 into a hypothetical government bond with a 5.00% p.a. Coupon interest rate would pay you $2.50 every six months, before paying your $100 back at the end of the bond’s term. There are some bonds that have a floating rate – that is, the rate changes with fluctuations in benchmark interest rates.

Commonwealth term deposit rates over $100 000Rates

Cba Interest Rates

Commonwealth Term Deposit RatesDeposit

Australian Bank Term Deposit Rates

  1. With fixed interest rates starting at 0.10% p.a for a 1-month term, ranging up to 0.40% p.a for a 12 month term or 0.40% for a term of 5 years (for deposits containing $50,000 to $1,999,999), the Commonwealth Bank Term Deposit account could be exactly what you need.
  2. Lock away savings at a fixed rate. This could be for you if you want: To leave your savings untouched for a certain amount of time; An investment with a fixed rate of return; To invest from $5,000 to less than $2,000,000 Open now.
  3. I love Commonwealth Bank, the staff are helpful, and I like that they were happy to match other bank's rates on the term deposit if you ask. You can view the rates online so you can compare with other banks, and when it matures they send you a letter so you don't forget about it and you can renew it over the phone instead of going into the branch.