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Outside of promotional interest rates, which only last for a set period of time, some financial institutions may also offer conditional bonus rates. Based on accounts with an introductory promotional rate available for a limited time. We’re here to make banking simpler and easier with our popular products, special offers and helpful calculators. Bell Direct trading platform has been a consistently performing online broking investment service for us. Compare over a thousand brands and products across multiple finance and household services categories, including banking, insurances, superannuation as well as energy and mobile.
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Interest calculated based on a $10,000 starting balance, interest rate of 5.00% – interest calculated daily and paid monthly. It’s important to remember that only $250,000 will be guaranteed per account holder per ADI under the FCS. If your savings are more than $250,000, it may be wise to consider splitting your savings across different ADIs.

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Banking online means you can bank anywhere, anytime. Visit Important Information to access Product Disclosure Statements or Terms and Conditions which are currently available electronically for products of the Commonwealth Bank Group, along with the relevant Financial Services Guide. No matter what life stage you’re at, we’re here to support you with products and advice best suited to your individual needs.
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- As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.
- Set-up and trading can all be done online.
- Visit Important Information to access Product Disclosure Statements or Terms and Conditions which are currently available electronically for products of the Commonwealth Bank Group, along with the relevant Financial Services Guide.
- Do everyday banking tasks and keep track of your finances with internet banking on your computer or tablet.
- You may instead choose to diversify the way you save by using different forms of savings (e.g., a savings account and a term deposit).
The target market for products issued by Commonwealth Bank can be found within the corresponding product’s Target Market Determination (TMD), available on our website. When interest rates change in Australia, what does it mean for your home loan and how does that influence your home buying journey? Home loansPersonal loansEveryday accountsSavings accounts By subscribing to the Code, we formally commit to meeting these standards across our products, services, and the way we engage with our customers. We’re currently reviewing our interest rates and will share an update our website in the coming days. With a term deposit you can earn a set interest rate and watch your money grow – no account or transaction fees.

This is due to the Federal Government’s Financial Claims Scheme (FCS) which guarantees deposits of up to $250,000 per account holder per authorised deposit taking institution (ADI). Top 5 selected and table sorted in descending order by total rate, followed by base rate, followed by alphabetically by provider. Check with the financial institution to confirm what conditions may apply. This is where you need to meet certain monthly conditions to receive a bonus rate. Top 5 selected and table sorted in descending order by base interest rate, followed by alphabetically by provider. The top 6 selected and table sorted in descending order by total rate, followed by base rate.
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