CommBank vs Westpac
Each bank at its highest rate for your choices, whichever of its deposits that is.
CommBank pays $50 more over 1 year than Westpac.
$50,000 until you say otherwise. Interest at each bank's rate for that amount, simple interest over the term. The government guarantee (the Financial Claims Scheme) covers up to $250,000 per person at each bank.
Every term
The highest rate each side has at each term on $50,000, with the interest it pays.
Rates over time
The 1 year rate above, a cell a week. A move shows as ▲ or ▼ in the week it happened.
As of 26 October 2026, on $50,000 for 1 year, CommBank pays $2,650 at 5.30%; Westpac pays $2,600 at 5.20%. Rates are the banks' own, published through Open Banking, at the amount above. Each row says which figure is higher; it doesn't say which deposit suits you.