12 live products
Bank Australia
Best match at selected term
4.80%p.a.
Term Deposit 12 months
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$500
Finding the best rates…
Term Deposits Comparison
Bank One
Bank Australia
Best available
Up to 4.80% p.a.
Line-up
12 live products
VS
Bank Australia vs CommBank
Compare Bank Australia and CommBank term deposits in March 2026. Bank Australia offers rates up to 4.80% p.a. across 7 term lengths, while CommBank reaches 4.60% p.a. across 19 terms.
Tune The Comparison
$
VS
1 live product
CommBank
Best match at selected term
4.50%p.a.
Standard Term Deposit
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$10,000
Live edge
Bank Australia currently pays 0.30% more at 12 months, worth about $30 extra on $10,000.
0.30% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank Australia | CommBank |
|---|---|---|
| Rate at selected term | 4.80% | 4.50% |
| Best headline rate | 4.80% | 4.60% |
| Minimum deposit | $500 | $10,000 |
| Interest payment | maturity | maturity |
| Terms available | 1 | 204 |
All Bank Australia Products
Every tracked term deposits option from Bank Australia.
All CommBank Products
Every tracked term deposits option from CommBank.
Bank Australia's best term deposit rate is 4.80% p.a. across 1 variant, while CommBank offers up to 4.60% p.a. across 204 variants. Bank Australia pays 0.20% more, earning you an extra $100 on a $50,000 deposit over 12 months.
Bank Australia offers terms of 1 year, while CommBank covers 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 1 year, 1.0833333333333333 years, 1.5 years, 2 years, 2.8333333333333335 years, 3 years, 4 years, 5 years.
Quick Comparison
| Feature | Bank Australia | CommBank |
|---|---|---|
| Best Rate | 4.80% | 4.60% |
| Min Deposit | $500 | $5,000 |
| Terms Available | 1 | 19 |
| Payment Options |
Common Questions
Bank Australia vs CommBank FAQs
Which bank has the better term deposit rate, Bank Australia or CommBank?
Bank Australia currently offers the higher rate at 4.80% p.a. Compare specific terms and deposit amounts for the most accurate comparison.
What term deposit rates does Bank Australia offer in 2026?
Bank Australia's best term deposit rate is 4.80% p.a. They offer 1 different term length.
What term deposit rates does CommBank offer in 2026?
CommBank's best term deposit rate is 4.60% p.a. They offer 19 different term lengths.
How much more interest can I earn with Bank Australia on a $50,000 term deposit?
At current rates, Bank Australia pays approximately $100 more per year on a $50,000 deposit, based on their 0.20% rate advantage.