CommBank TD Parent Visa Bank Guarantee
1 termFixed rate
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.
- Minimum deposit
- $4,000
- Maximum deposit
- Not published
- Terms offered
- 1
Rate a year, up to
For 5 years
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 5 years | $1 to $5,000 | Every 6 months | 3.90% |
| 5 years | $5,000 to $10,000 | Every 6 months | 3.90% |
| 5 years | From $10,000 | Every 6 months | 3.90% |
How it compares
Against the other 5 years term deposits we compare. Typical means the middle half of them.
5 years rate
3.90%
A typical 5 years rate is 4.00%.
Minimum deposit
$4,000
A typical minimum is $2,000.
Pros and cons
Pros
Nothing stands out.
Cons
- Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.
Similar term deposits
Term deposits from other banks that pay a similar rate for the same term.
- Rate a year
- 3.85%
- Minimum deposit
- $5,000
- Rate a year
- 4.00%
- Minimum deposit
- $5,000
- Rate a year
- 4.00%
- Minimum deposit
- $1,000
