CommBank lifts term deposit rates as 8 lenders cut
CommBank raised its Standard Term Deposit rate to 4.90% from 3.40%, a 1.5 percentage point increase, while 8 lenders cut term deposit rates.
Daily insights ·
3 insights from the product data Australian lenders published under the Consumer Data Right that day, ranked by the size of the move, weighted toward the biggest lenders and the breadth of the reprice. The same wording appears on the home page the morning it is written.
CommBank raised its Standard Term Deposit rate to 4.90% from 3.40%, a 1.5 percentage point increase, while 8 lenders cut term deposit rates.
Central West CUL added 1 new personal loans product to its published range, advertised at 6.99%.
Australian Military Bank moved Capital Guaranteed Super from 3.8% to 3.6%. The shift marked the largest transaction accounts move of the day.
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