Term Deposit is a product for individual and corporate that can support the growth of your savings

Cba Term Deposit Interest Rates Australia

Benefits:

-	Available in a wide selection of currencies (IDR/AUD/USD).
-	Affordable minimum initial deposit.
-	Competitive interest rate.
-	Convenience in transaction through Internet/Mobile Banking with discount for transaction fee including:
-	Term Deposit Advice as a confirmation of placement, renewal, maturity / termination of the Term Deposit.

CBA offers term deposits from 1 month to 5 years. Interest is paid monthly, quarterly, biannually, annually or at maturity. Its term deposit rates range from low to moderate, with different rate tiers for deposits under $5,000, $5,000 - $49,999 and $50,000 - $1,999,999. Commonwealth Bank term deposits. The Commonwealth Bank might be one of Australia's oldest and largest banks, but lately it's determined to do things differently. The Commonwealth Bank reckons it's focusing more on customer service and earning your business rather than counting on it. Commonwealth Bank has reduced its term deposit interest rates. Image source: Nils Versemann, Shutterstock. Commonwealth Bank made cuts of up to 0.20 percentage points to a range of smaller terms, effective today, but its 11-month deposit rate escaped the cuts and instead grew by 0.05 percentage points for balances over $5,000.

Easy Time Deposit (TD) Transactions through Phone Indemnity / POI and Enjoy the Benefits:

The above Term Deposit rates are available online and in branch for personal customers with a maximum limit of $1,999,999 per customer. For amounts greater than $1,999,999 or for Business Term Deposits, please contact any CommBank branch or your relationship manager. 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.

• Ease of doing transaction anywhere without coming to branch.
• Customer is not required to sign any form. Customer is only required to confirm the transaction by Phone with our Relationship Manager (RM).
• Faster transaction processing and Time Efficient.

Deposit transaction options include: Time Deposit Placement, Time Deposit Prepayment and Time Deposit Termination.

Risk of Product
One of the risks attached in Term Deposit product is the changes in fees that can be done at anytime and it will be informed to customers through branches, website or other media deemed appropriate by the Bank.

Procedures and Requirements
Opening a Term Deposit can be done at the nearest Commonwealth Bank branch by completing and signing the account opening application form and providing the required documents or through Internet Banking (for existing customers).

Document Requirement:

Resident	:	Valid ID (KTP)
Non Resident	:	Passport; and KIMS/KITAS/Reference letter from company/Reference Letter from Commonwealth Bank of Australia (CBA)
Institution	:	Documents requirement according to Terms and Conditions applied by Commonwealth Bank

Description	Fee
Initial deposit	IDR 50,000,000 or AUD/USD 5,000
Break fee (if break before time to maturity)	0,5% from Principal, interest is not paid.**

*Fees and Charges is subject to change and it will be informed to customers through media deemed appropriate by the Bank.
**Early Break Time Deposit before maturity, the ongoing interest paid will be deducted from the principal

Interest Rate Calculation
Interest is calculated based on end of day balance according to the prevailing interest rate. Interest rate table can be access in here

Product Expiration
The expiry of the product will be when customer or Bank closes the account.

Product Issuer
This Product issued by PT Bank Commonwealth and guaranteed by Indonesia Deposit Insurance Cooperation/Lembaga Penjamin Simpanan ('LPS')***

***If the value of total deposit exceeds maximum value/if the interest rate of deposit exceeds interest rate of Indonesia Deposit Insurance Cooperation/Lembaga Penjamin Simpanan ('LPS'), deposit is not included and/or shall not be guaranteed by LPS in Deposit Insurance Scheme/Program Penjaminan Simpanan.

From Term Deposit Rates Australia:

These CBA term deposit rates are taken from Commonwealth Bank of Australia (CBA) for your information.
The CBA term deposit rates below are available in CBA bank branch for Term Deposit amounts of $10,000 to less than $500,000 and NetBank, internet banking service for amounts of $5,000 to less than $500,000.
CBA Term Deposit Rates:
Term Interest rate
60 months
6.40% p.a.
36 - 47 months

Cba Term Deposit Rates Today

6.20% p.a.
12 months
6.00% p.a.
6 months
5.80% p.a.
4 months

Cba Term Deposit Rate

5.50% p.a.

Cba Term Deposits

CBA term deposit rates are indicative only.

Cba Term Deposits Australia