CommBank
TD Parent Visa Bank Guarantee
CommBank · term deposits
Provider last updated this product 2026-10-28.
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You'll complete your application on
CommBank's website. Confirm the rate and fees with them
before applying.
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.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 3.90% | 60 months | daily | $1 - $4,999.99, 60+ months | The term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | calculated daily, paid half-yearly |
| The term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | ||||||
| FIXED | 3.90% | 60 months | daily | $5,000 - $9,999.99, 60+ months | The term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | calculated daily, paid half-yearly |
| The term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | ||||||
| FIXED | 3.90% | 60 months | daily | $10,000+, 60+ months | The term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | calculated daily, paid half-yearly |
| The term of this term deposit is 60 months and at maturity, it will be auto-rolled over for another 60 months. | ||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Prepayment administration fee | EVENT | $30 | You'll need to give us 31 days' notice to withdraw all or part of your funds if your Term Deposit hasn’t reached the end of the fixed term. A prepayment adjustment (variable amount) and $30 prepayment administration fee may apply if you withdraw your funds early. To see an example of how the Prepayment Interest Adjustment is calculated, please see our Terms & Conditions. |
| Prepayment interest adjustment | EVENT | - | You'll need to give us 31 days' notice to withdraw all or part of your funds if your Term Deposit hasn’t reached the end of the fixed term. A prepayment adjustment (variable amount) and $30 prepayment administration fee may apply if you withdraw your funds early. To see an example of how the Prepayment Interest Adjustment is calculated, please see our Terms & Conditions. |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-10-27 (current) | 3.90% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
Who can apply
- otherOnly available to applicants who request an Assurance of Support Bank Guarantee and present a letter issued to them by the Australian Government (including its departments or agencies).
Limits
- opening balance - 4000.00The deposit amount of this Term Deposit is set by the Australian Government's Assurance of Support requirements.
The provider's own documents
- Product overview › (opens in a new tab)
- Terms and conditions › (opens in a new tab)
- Eligibility criteria › (opens in a new tab)
- Fees and pricing › (opens in a new tab)
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-10-28T02:15:35.000Z · Product ID: 78ff8e5eacd64d1ab6ab368b1f0106bc