RateCity
CBA Online Only is the retail arm managing The Commonwealth Banks online term deposit accounts. is the second largest bank in Australia after the National Australia Bank (nab). The Commonwealth Bank is the second largest bank in Australia after the National Australia Bank (nab). Commonwealth Bank, Commbank or CBA as it is commonly known as operates internationally with businesses in New Zealand, Asia and the United Kingdom. The Bank has positioned itself for future growth as it continues to provide a full range commercial and of retail banking services including home loans, credit cards, personal loans, term deposits, transaction accounts and car insurance.
Product Details
- Company
-
- Nominal Rate
- 4.9%
- Effective Rate
- 4.96%
- Payment Frequency
- Semi-annually
- Maturity Alert
-
- Partial Withdrawal Penalty
- Yes
- Compounding Interest
- No
Product Features
Automatic rollover y
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Partial withdrawal y
Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.
Int paid via other institution y
Whether the interest dividend can be paid into an account held with another financial instituion
