Commonwealth Bank term deposits

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As of 18 September 2026, Commonwealth Bank has one term deposit product tracked by BankMate, over 17 terms from 3 months to 5 years. Its highest rate is 5.15% p.a. on the Standard Term Deposit for 2 years, 12th of 394 24-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 18 September 2026.

Best rate: 5.15%; 2 years · Standard Term Deposit
Market rank: #12; of 394 24-month deposits
Terms: 17; 1 product
Last change: 18 Sept 2026; 5 changes on record

Rates over time

Best 12-month rate per product

Standard Term Deposit
RBA cash rate
Market average · 12-month deposits

What changed

5 changes since 9 Apr 2026

18 Sept 2026
Standard Term Deposit · 88 terms up 0.10 to 0.20
- 7-month 3.50 → 3.60
- 7-month 3.50 → 3.60
- 7-month 3.50 → 3.60
- 7-month 3.50 → 3.60
- 7-month 3.50 → 3.60
- 7-month 3.50 → 3.60
- 7-month 3.45 → 3.55
- 7-month 3.45 → 3.55
- 7-month 3.45 → 3.55
- 7-month 3.45 → 3.55
- 7-month 3.45 → 3.55
- 7-month 3.45 → 3.55
- 8-month 3.55 → 3.65
- 8-month 3.55 → 3.65
- 8-month 3.55 → 3.65
- 8-month 3.55 → 3.65
- 8-month 3.55 → 3.65
- 8-month 3.55 → 3.65
- 8-month 3.50 → 3.60
- 8-month 3.50 → 3.60
- 8-month 3.50 → 3.60
- 8-month 3.50 → 3.60
- 8-month 3.50 → 3.60
- 8-month 3.50 → 3.60
- 9-month 3.60 → 3.70
- 9-month 3.60 → 3.70
- 9-month 3.60 → 3.70
- 9-month 3.60 → 3.70
- 9-month 3.60 → 3.70
- 9-month 3.60 → 3.70
- 9-month 3.55 → 3.65
- 9-month 3.55 → 3.65
- 9-month 3.55 → 3.65
- 9-month 3.55 → 3.65
- 9-month 3.55 → 3.65
- 9-month 3.55 → 3.65
- 10-month 3.65 → 3.75
- 10-month 3.65 → 3.75
- 10-month 3.65 → 3.75
- 10-month 3.65 → 3.75
- 10-month 3.65 → 3.75
- 10-month 3.65 → 3.75
- 10-month 3.60 → 3.70
- 10-month 3.60 → 3.70
- 10-month 3.60 → 3.70
- 10-month 3.60 → 3.70
- 10-month 3.60 → 3.70
- 10-month 3.60 → 3.70
- 11-month 3.70 → 3.80
- 11-month 3.70 → 3.80
- 11-month 3.70 → 3.80
- 11-month 3.70 → 3.80
- 11-month 3.70 → 3.80
- 11-month 3.70 → 3.80
- 11-month 3.65 → 3.75
- 11-month 3.65 → 3.75
- 11-month 3.65 → 3.75
- 11-month 3.65 → 3.75
- 11-month 3.65 → 3.75
- 11-month 3.65 → 3.75
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.70 → 4.85
- 12-month 4.65 → 4.80
- 12-month 4.65 → 4.80
- 12-month 4.65 → 4.80
- 12-month 4.65 → 4.80
- 24-month 4.95 → 5.15
- 24-month 4.95 → 5.15
- 24-month 4.95 → 5.15
- 24-month 4.95 → 5.15
- 24-month 4.90 → 5.10
- 24-month 4.90 → 5.10
- 24-month 4.90 → 5.10
- 24-month 4.90 → 5.10
- 24-month 4.90 → 5.10
- 24-month 4.90 → 5.10
- 24-month 4.85 → 5.05
- 24-month 4.85 → 5.05
mixed
6 Aug 2026
Standard Term Deposit · 12 terms cut 1.00 to 1.05
- 6-month 4.50 → 3.50
- 6-month 4.50 → 3.50
- 6-month 4.50 → 3.50
- 6-month 4.50 → 3.50
- 6-month 4.50 → 3.45
- 6-month 4.45 → 3.45
- 6-month 4.45 → 3.45
- 6-month 4.50 → 3.45
- 6-month 4.50 → 3.45
- 6-month 4.50 → 3.45
- 6-month 4.45 → 3.40
- 6-month 4.45 → 3.40
mixed
9 July 2026
Standard Term Deposit · 24 terms moved in both directions
- 6-month 3.50 → 4.50
- 6-month 3.50 → 4.50
- 6-month 3.50 → 4.50
- 6-month 3.50 → 4.50
- 6-month 3.45 → 4.50
- 6-month 3.45 → 4.45
- 6-month 3.45 → 4.45
- 6-month 3.45 → 4.50
- 6-month 3.45 → 4.50
- 6-month 3.45 → 4.50
- 6-month 3.40 → 4.45
- 6-month 3.40 → 4.45
- 24-month 5.20 → 4.95
- 24-month 5.20 → 4.95
- 24-month 5.20 → 4.95
- 24-month 5.20 → 4.95
- 24-month 5.15 → 4.90
- 24-month 5.15 → 4.90
- 24-month 5.15 → 4.90
- 24-month 5.15 → 4.90
- 24-month 5.15 → 4.90
- 24-month 5.15 → 4.90
- 24-month 5.10 → 4.85
- 24-month 5.10 → 4.85
mixed
20 May 2026
Standard Term Deposit · 16 terms up 0.0514 days after the RBA rise to 4.35%
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.65 → 4.70
- 12-month 4.60 → 4.65
- 12-month 4.60 → 4.65
- 12-month 4.60 → 4.65
- 12-month 4.60 → 4.65
+0.05
1 May 2026
Standard Term Deposit · 4 terms up 0.2544 days after the RBA rise to 4.10%
- 24-month 4.95 → 5.20
- 24-month 4.95 → 5.20
- 24-month 4.90 → 5.15
- 24-month 4.90 → 5.15
+0.25

Term deposits

Best rate per product, by term · ranked within each term

Standard Term Deposit
interest annually or at maturity · from $5,000 · 17 terms
3 mo 3.40%6 mo 3.60%9 mo 3.75%1 yr 4.85%2 yr 5.15%3 yr 4.55%5 yr 3.95%18 mo 4.50%4 yr 3.95%
5.15%#12 of 394

Rank compares deposits within the same headline term, as the Term deposit report does. Compare all term deposits

Notes on Commonwealth Bank term deposits

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