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Commonwealth Bank Interest |
Commonwealth Bank of Australia offers competitive interest rates to its account holders, loan beneficiaries and investors allowing them take great advantages. Account holders including personal and business accounts such as NetBank Saver, YouthSaver, Cash Investment, First Home Saver, Education Savings Plan and several others can earn high interest. CBA Loan products which include personal loans, business loans and home loans are offered with competitive rates of interest. Term Deposit investment at the bank is also offered with competitive rates and the rates vary depending on the term of the deposits. Commonwealth Bank latest rates and fees are displayed on the official website of the bank to make it easy for customers to compare the offered products and services so to help them make the right financial choices. Customers may log on and make the choice an informed one and find a CBA interest rate that best suit ones need.
Commonwealth Bank Interest Rates
Savings accounts at Commonwealth Bank are offered with competitive interest rates. NetBank Saver Account holders can earn 5.75% interest rates p.a. for maintaining balance between $1 to $5 million and 4.75% p.a. for balance above $5 million.
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Cash Investment Account holders are offered interest rates range between 0.01% p.a. to 4.75% p.a. for balance between $0 and $500,000 or more. Commonwealth Bank allow Mortgage Interest Saver Account (MISA) link with home loan allowing holders to offset the funds against loan facilitating them save thousands of dollars in interest and cut years from the term of the home loan. Interest rates and fees are subject to rise or change at the bank's own discretion without notice, so customers are asked to read the news or check the bank's website before making any decision.
Commonwealth Bank Interest Rates Term Deposit
Commonwealth Bank offers competitive interest rates for term deposit investment at the bank. However, rates vary depending on the term of the deposit. Individuals will find below the current interest rates of term deposits for amounts of $10,000 to less than $500,000, and NetBank for amounts of $5,000 to less than $500,000.
| Term |
Interest Rate |
Interest Paid |
| 60 months |
6.40% p.a. |
Annually |
| 36-47 months |
6.20% p.a. |
Annually |
| 12 months |
6.00% p.a. |
At the end of the term |
| 7 months |
5.80% p.a. |
At the end of the term |
| 4 months |
5.50% p.a. |
At the end of the term |
Commonwealth Bank Interest Rates Home Loan
Current interest rates for various home loan options of Commonwealth Bank which include standard variable rate, no fee variable rate, fixed rates, economiser, 3 year special economiser, viridian line of credit, equity unlock loan for seniors, guaranteed rate and discounted variable rate are 7.81%, 7.24%, 7.09%, 7.30%, 6.99%, 7.91%, 8.91%, 6.94% and 7.11% p.a. respectively. Personal overdraft interest rate is 16.85%. Using the calculator tool, one can easily calculate the loan amount, monthly repayment interest amount, and can even compare various loan options side by side.
For more information about Commonwealth Bank interest rates, and to learn all other related details including interest only loan, interest paid in advance, interest for NetBanking, interest free days business credit card, and to view interest rate history, please log on to the official website of the bank.
Website: http://www.commbank.com.au
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