CommBank term deposit rates
19 terms published on 10 Oct 2026, best 5.30% for 12 months, from CommBank’s own Consumer Data Right feed.
CommBank at a glance
Today’s rates19 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 1mo | 1.50% | joint #17 of 33 | median | −2.60 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 2mo | 1.75% | joint #18 of 36 | median | −2.70 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 3mo | 3.35% | joint #56 of 68 | −1.20 | −1.90 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 4mo | 3.40% | joint #42 of 49 | −1.25 | −2.00 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 5mo | 3.45% | joint #37 of 50 | −0.85 | −1.75 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 6mo | 5.00% | joint #35 of 73 | median | −0.45 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 7mo | 3.65% | #34 of 43 | −1.30 | −1.80 | ▲ +0.10 18 Sep | in effect since 18 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 8mo | 3.70% | joint #29 of 39 | −0.70 | −1.55 | ▲ +0.10 18 Sep | in effect since 18 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 9mo | 3.75% | joint #48 of 60 | −1.05 | −1.65 | ▲ +0.10 18 Sep | in effect since 18 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 10mo | 3.80% | joint #24 of 40 | −0.20 | −1.55 | ▲ +0.10 18 Sep | in effect since 18 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 11mo | 3.85% | joint #29 of 45 | −0.15 | −1.60 | ▲ +0.10 18 Sep | in effect since 18 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 1yr | 5.30% | joint #23 of 75 | +0.05 | −0.30 | ▲ +0.10 18 Sep | in effect since 18 Sep 2026 | $5,000 | Standard Term Deposittailored |
| 13mo | 4.50% | #13 of 18 | −0.35 | −1.00 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 18mo | 4.55% | #12 of 25 | +0.25 | −0.95 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 2yr | 5.20% | joint #11 of 67 | +0.50 | −0.35 | ▲ +0.20 18 Sep | in effect since 18 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 34mo | 4.60% | #2 of 4 | +0.70 | −0.35 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 3yr | 4.60% | joint #17 of 51 | +0.30 | −0.85 | — | same on every day read since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 4yr | 4.00% | joint #15 of 32 | median | −1.50 | ▲ +0.10 16 Sep | in effect since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
| 5yr | 4.00% | joint #14 of 31 | median | −1.50 | ▲ +0.10 16 Sep | in effect since 16 Sep 2026 | $50,000 | Standard Term Deposittailored |
“Rank”, “vs median” and “vs best” compare CommBank with every bank that publishes the same term today. “This rate” is the first day our daily read showed the current rate — a rate that changed between two reads is dated to the first read that showed it.
What CommBank publishes about its products5 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Standard Term Deposittailoredsmsf | half-yearly (at maturity), yearly (at maturity), every four weeks (at maturity), every four weeks, half-yearly, yearly, weekly (at maturity) | $1 | no upper limit | 20 | product page · terms · fees · eligibility |
Standard Term Deposit: eligibility, conditions and features
- Eligibility
- minimum age: 18 — You can open a Term Deposit online under a personal or Self-Managed Super Fund (SMSF) name. To do so, you need to be 18 years or over.; Have an Australian residential address, or otherwise subject to exception.; individuals: Be individuals; Be one of the following entity types, with at least one signatory aged 18 or ol… — A domestic business, e.g. a sole trader, partnership, company, trust, with an ABN or ACN.; Be one of the following entity types, with at least one signatory aged 18 or ol… — A foreign company that carries on business in Australia, and is registered with ASIC; or owns property in Australia, but does not carry on a business in Australia.; Be one of the following entity types, with at least one signatory aged 18 or ol… — A trust, superannuation fund, association, registered co-operative, body corporate or government body
- Conditions
- opening balance 5000.00 — A minimum deposit of $5,000 (call or visit your nearest branch for investments $5,000,000 and over)
- Features
- digital banking — Manage online and on the go: See, track and manage your Term Deposit alongside your other accounts in NetBank, CommBiz and the CommBank app. Know what you're earning: The fixed rate of return means y…; digital banking — Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.; notifications: Maturity reminders — Knowing when it matures. It's crucial to keep track of your Term Deposit so you have time to decide on a plan before it matures. We send you a letter roughly a week before your Term Deposit matures,…; notifications: Opt-in for free maturity alerts and e-notices — Opt-in for free maturity alerts and e-notices. Opt in for alerts and we'll send you an email or SMS a week before your Term Deposit matures - so you never miss your maturity date. Opt in for e-notice…; other — Set up an automated bank feed with your accounting software to get a secure, reliable connection directly into your accounting software. It just takes a couple of minutes in NetBank.; other — There are no set up or establishment fees. If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. You may incur a prepayment interest adjustment and admin…; bonus rewards: Up to 1,500 — Up to 1,500 bonus CommBank Yello points when you renew an individual or jointly held Term Deposit online. The earning and redemption of CommBank Yello points are subject to meeting the eligibility cr…
- The bank’s description
- Feel confident knowing exactly how much your money will earn. Lock-in a competitive interest rate from as short as 1 month to as long as 5 years.
- Interest calculated
- daily
Also published, not ranked here: Business Investment Account business; Farm Management Deposit account (Fixed Term) other (product page); TD Immigration (DIMIA) Bank Guarantee other (product page); TD Parent Visa Bank Guarantee other (product page).
Every line is the bank’s own statement in its feed, read that day — nothing is inferred. Early-withdrawal terms appear under conditions or features when a bank states them; a retail product that is also open to businesses or SMSFs is marked.
Rate historyevery sweep day since 26 Aug 2026 · 46 days · 20 terms
3mo 3.35% today
26 Aug 202610 Oct 2026
6mo 5.00% today
26 Aug 202610 Oct 2026
1yr 5.30% today
26 Aug 202610 Oct 2026
2yr 5.20% today
26 Aug 202610 Oct 2026
3yr 4.60% today
26 Aug 202610 Oct 2026
5yr 4.00% today
26 Aug 202610 Oct 2026
All 20 terms — the other 14
1mo 1.50% today
26 Aug 202610 Oct 2026
2mo 1.75% today
26 Aug 202610 Oct 2026
4mo 3.40% today
26 Aug 202610 Oct 2026
5mo 3.45% today
26 Aug 202610 Oct 2026
7mo 3.65% today
26 Aug 202610 Oct 2026
8mo 3.70% today
26 Aug 202610 Oct 2026
9mo 3.75% today
26 Aug 202610 Oct 2026
10mo 3.80% today
26 Aug 202610 Oct 2026
11mo 3.85% today
26 Aug 202610 Oct 2026
13mo 4.50% today
26 Aug 202610 Oct 2026
18mo 4.55% today
26 Aug 202610 Oct 2026
30mo
26 Aug 202610 Oct 2026
34mo 4.60% today
26 Aug 202610 Oct 2026
4yr 4.00% today
26 Aug 202610 Oct 2026
Each line is the best retail rate CommBank published for that term on each day we read its feed. A break in the line is a day we read no rate for that term — the feed could not be read, or the bank did not publish that term that day — never a rate carried forward.
Where CommBank sitsagainst the 77 banks ranked today
1yr: 22 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
- Unity Bank 5.50%
- Alex Bank 5.50%
- Bank Australia 5.50%
- and 16 more on the leaderboard
6mo: 34 banks ahead
- Heartland Bank 5.45%
- RACQ Bank 5.45%
- Unity Bank 5.35%
- Dnister Bank 5.30%
- Bank Australia 5.30%
- Bank First 5.30%
- and 28 more on the leaderboard
The Big 4 and their brands9 banks · top 10 by best rate
| Bank | Best | Term | 6 m | 12 m | Market rank |
|---|---|---|---|---|---|
 Suncorp Bank | 5.50% | 2yr | 4.80% | 5.40% | #5 |
 ANZ | 5.30% | 1yr | 3.50% | 5.30% | #31 |
 Bankwest | 5.30% | 1yr | 4.40% | 5.30% | #31 |
| CommBank | 5.30% | 1yr | 5.00% | 5.30% | #31 |
| NAB | 5.30% | 1yr | 3.50% | 5.30% | #31 |
 Bank of Melbourne | 5.20% | 1yr | 3.40% | 5.20% | #53 |
 BankSA | 5.20% | 1yr | 3.40% | 5.20% | #53 |
 St.George | 5.20% | 1yr | 3.40% | 5.20% | #53 |
 Westpac | 5.20% | 1yr | 3.40% | 5.20% | #53 |
Timeline9 rate changes since 26 Aug 2026 · ▲9 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 30 Sep 2026 | RBA | RBA cash rate 4.60% — up 0.25 pointsReserve Bank decision effective 2026-09-30: cash rate target 4.60%, a rise of 0.25 percentage points. | |
| 18 Sep 2026 | 2yr | 5.00 → 5.20 | ▲ +0.20 |
| 18 Sep 2026 | 7mo | 3.55 → 3.65 | ▲ +0.10 |
| 18 Sep 2026 | 8mo | 3.60 → 3.70 | ▲ +0.10 |
| 18 Sep 2026 | 9mo | 3.65 → 3.75 | ▲ +0.10 |
| 18 Sep 2026 | 10mo | 3.70 → 3.80 | ▲ +0.10 |
| 18 Sep 2026 | 11mo | 3.75 → 3.85 | ▲ +0.10 |
| 18 Sep 2026 | 1yr | 5.20 → 5.30 | ▲ +0.10 |
| 16 Sep 2026 | 4yr | 3.90 → 4.00 | ▲ +0.10 |
| 16 Sep 2026 | 5yr | 3.90 → 4.00 | ▲ +0.10 |
Questions about these rates
What is CommBank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate CommBank publishes in its Consumer Data Right feed is 5.30% for 12 months (Standard Term Deposit). That is joint #31 of the 77 Australian banks ranked by best rate today.
What is CommBank’s 12-month term deposit rate?
5.30% as read on 10 Oct 2026, 0.05 points above the market median of 5.25%, and joint #23 of the 75 banks publishing a 12-month rate. The market-best 12-month rate today is 5.60%.
What is the minimum deposit at CommBank?
The lowest minimum CommBank states in its feed is $5,000 (Standard Term Deposit, 12-month). Check the product disclosure statement for balance tiers.
When did CommBank last change a term deposit rate?
The most recent change we read was on 18 Sep 2026: the 24-month rate moved from 5.00% to 5.20%. We have read 9 changes at CommBank since 26 Aug 2026.
Are deposits with CommBank guaranteed?
CommBank publishes its products under the Consumer Data Right as an Australian data holder. Under the Financial Claims Scheme, administered by APRA, protected Australian-dollar deposit accounts at an Australian-incorporated authorised deposit-taking institution (ADI) are covered up to $250,000 per account holder per ADI. Several brands can share one ADI licence, in which case the cap covers them together, so confirm which licence CommBank operates under before relying on the guarantee. Scheme facts checked against apra.gov.au (Financial Claims Scheme) on 15 Sep 2026 — the link is under “About CommBank” below; rates are as read on 10 Oct 2026.
About CommBank
- Also known as
- Commonwealth Bank, CBA, Commonwealth Bank of Australia
- Type
- One of the Big 4 banks
- ASX code
- CBA
- Consumer Data Right feed
- https://api.commbank.com.au/public
- Deposit guarantee
- Financial Claims Scheme, up to $250,000 per account holder per ADI — scheme details and covered institutions at APRA (checked 15 Sep 2026)
The rates on this page are the retail term deposit rates CommBank publishes in its own Consumer Data Right product feed, read once a day. Business, SMSF and staff-only products are left out. A product the bank publishes as “tailored” (pricing may be negotiated) is included only when the bank also states it is open to individuals, and is marked as tailored. A day on which we read no rate is a gap on this page — never an estimate.
Looking for CommBank term deposit rates for seniors? CommBank publishes no seniors-specific term deposit tiers in its Consumer Data Right feed; the retail rates on this page apply to all personal customers.
Facts about the institution reviewed 15 Sep 2026. Rates read 10 Oct 2026.
Savings accounts at CommBankhighinterestsavingsaccounts.org
A savings account keeps the money at call, but its rate can change at any time and its best rate usually has monthly conditions. A term deposit locks one rate for its term. Both figures come from the bank’s own feed.
Please note: the savings figures on this page are estimates only and may not reflect the return you actually receive. Actual returns vary with tax, fees, the interest payment frequency and any change the bank makes to a rate before you open the account. Rates are the bank’s own published Consumer Data Right figures and may differ for particular balance tiers or online-only products. Always read the product disclosure statement, confirm the rate with the bank, and consider your own circumstances. Nothing here is financial advice or a recommendation. This site is published by Nutshell Media Pty Ltd, which is not affiliated with any bank, credit union or building society.