Commonwealth Bank RSA

Superannuation Sav Acc

The Commonwealth Bank RSA product includes the Commonwealth Bank RSA Term Deposit Superannuation Saver Account. 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.
All rates are based on a balance of $50000 for a term of 3 months.
Company Commonwealth Bank RSA
Nominal Rate 2%
Effective Rate 2.01%
Payment Frequency Semi-annually
Partial Withdrawal Penalty No
Compounding Interest No

Product Features

Can the institution send an email to you on maturity?
Can the institution call you on maturity?
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
Whether the interest dividend can be paid into an account held with another financial instituion

These term deposits are ranked by nominal interest rate on a balance of $50,000.

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