The Finance Algorithm
CommBank

Cash Deposit Account (Fixed Term)

A choice of investment alternatives within one account with competitive interest rates.

Savings & transaction accountsRates on applicationBank updated 23 Sept 2026
At a glance
Pricing
Rates on application
Monthly fee
$0
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
Establishment FeeEventNo feeThere are no set up or establishment fees.
Issue Of Recent Statement/Transaction ListEvent$2.50$2.50 per list. Subject to your agreement, charges may be accumulated and debited to the account periodically. Otherwise charges are debited on the date of request.
Urgent Funds Access Via Nominated Bank AccountEvent$30$30.00 per payment. Charges are debited to your CDA on the date of the request.
Account Keeping FeesPeriodicNo feeEvery 1 moNo account-keeping fees (standard government fees may apply).
§ 03 — Features
Digital banking
  • · Withdrawals and deposits are made by phoning your relationship manager, visiting a branch of the Bank, or by phoning 1800 643 837 Monday to Friday, 8:00am to 4:30pm Sydney time.
  • · Make most transactions over the phone or through Commbiz Markets.
  • · Invest in a combination of at-call or fixed terms.
  • · No account-keeping fees (standard government fees may apply).
  • · Earn competitive fixed interest rates for a term you nominate. If you need to withdraw money during the term, you may request full withdrawal of your funds by giving the Bank 31 days' notice. A prepa…
  • · Details of current interest rates are available on request from your relationship manager, any branch of the Bank or by phoning 1800 643 837 Monday to Friday, 8:00am to 4:30pm Sydney time.
  • · Payments to/from the Cash Deposit Account (CDA) can only be made to an account in the same name as the CDA.
§ 04 — Eligibility & limits
  • · Opening balance $50,000
  • · In the case of foreign companies that carry on business in Australia, be registered with ASIC. The eligibility of other foreign companies will be subject to review on a case by case basis
  • · Available to personal and non personal customers.
  • · In the case of domestic businesses (e.g. a sole trader, company, etc.) have an ABN and/or ACN as applicable
  • · Situations in which a CDA may be appropriate are you have $50,000 or more to invest, you require both a fixed or at call investment or you desire a particular investment option now with the opportuni…

Published by CommBank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.