These Term Deposit rates 1 will be effective 7 November. The bank will also increase its 18-month Term Deposit special to 4.00% p.a. To further support savers, CBA will increase a number of Term Deposit interest rates, including its 12-month Term Deposit by 0.40% to 3.75% p.a. Group Executive, Retail Banking, Angus Sullivan said: “We are committed to helping our customers navigate the current environment, which is why we are once again increasing the interest rates across a variety of our savings products.” Youthsaver with bonus interest rate will increase by 0.30% p.a.GoalSaver with bonus interest rate will increase by 0.30% p.a.The 5-month introductory variable rate will increase by 0.50% p.a. NetBank Saver standard variable interest rate will increase by 0.25% p.a.In addition, the bank will lift the interest rates across a number of its savings products.
