CommBankTD Parent Visa Bank Guarantee
A Term Deposit opened for the specific purpose of providing security for a bank guarantee required by the Commonwealth Government in relation to their requirement for an assurance of support.
At a glance
- Best rate
- 3.90% for 60m
- Min deposit
- $4,000
How it compares
This term deposit in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This term deposit | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| 5-year term depositBest rate for 5 years | 3.90% | 5.65%Judo Bank's Personal Term Deposits | 4.00%of 27 institutions | 15th highest of 27 |
Rates
Every rate CommBank publishes for this term deposit, 3 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedThe term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | - | 5 yrs | $1–$5,000 | 3.90% | - | paid every 6 mo |
| FixedThe term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | - | 5 yrs | $10,000+ | 3.90% | - | paid every 6 mo |
| FixedThe term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | - | 5 yrs | $5,000–$10,000 | 3.90% | - | paid every 6 mo |
Fees
2 fees published, grouped by when they're charged.
When particular things happen2
- Prepayment administration fee
You'll need to give us 31 days' notice to withdraw all or part of your funds if your Term Deposit hasn’t reached the end of the fixed term. A prepayment adjustment (variable amount) and $30 prepaymen…
$30 - Prepayment interest adjustment
You'll need to give us 31 days' notice to withdraw all or part of your funds if your Term Deposit hasn’t reached the end of the fixed term. A prepayment adjustment (variable amount) and $30 prepaymen…
Varies
Features
Eligibility and limits
- Opening balance $4,000
- Only available to applicants who request an Assurance of Support Bank Guarantee and present a letter issued to them by the Australian Government (including its departments or agencies).
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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.