interest rates term deposits commonwealth bank

Mr Sullivan said the bank would also be extending its free, three-year nbn plan for home seekers for a further six months 3. Millions of CBA customers have engaged with our shopping offers, with close to 75 per cent of redemptions over the last quarter being claimed on everyday essential purchases including grocery, fuel, food, pharmacy and pet supplies,” he said. “We have helped customers save in excess of $22 million when they shop using our cashback program, CommBank Rewards, in the CommBank app. In recognition of customers’ purchasing habits and priorities at this time of year, Mr Sullivan pointed to a range of shopping offers available to customers in the lead up to the festive period through the CommBank app. Group Executive, Retail Banking, Angus Sullivan said: “We continue to support our customers facing cost of living pressures through our online budgeting tools, discounts on everyday shopping essentials, and by again lifting the savings rates across some of our most popular deposit products.”

To further support savers, CBA will extend the availability of its 18-month Term Deposit special offer of 4.00%p.a 2.

Youthsaver with bonus interest rate will increase by 0.60% p.a.

GoalSaver with bonus interest rate will increase by 0.55% p.a.

The 5-month introductory variable rate 1 will increase by 0.25% p.a.

NetBank Saver standard variable interest rate will increase by 0.25% p.a.

In addition, the bank will increase the interest rates across a number of its savings products.

Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.25% per annum (p.a.), CBA will lift its home loan variable interest rates by 0.25% p.a., effective 16 December.

Interest rates term deposits commonwealth bank