You may also be interested in Canstar’s Term Deposits Awards which recognises the financial institutions that offer quality term deposit products across rates, terms and product features. While a high interest rate is important when it comes to earning interest on your savings, it’s not the only factor to take into account when choosing the best term deposit for you. Tables are based on an investment of $10,000 in a personal term deposit with interest paid as specified.
Remember to carefully check to see how the term deposit rate varies for different term durations, as a longer investment period doesn’t always mean a higher interest rate. Some longer term deposit rates can be lower than mid-term investments. With a term deposit you agree to lock away your money for a set period of time where it will accrue interest at the set interest rate. When a term deposit reaches its end, you can choose to withdraw some or all of your money, or you can roll the funds over into a new term deposit. Savings accounts can often be useful for short-term savings goals, due to the readily available access to funds.
Spot market opportunities, analyze results, manage your account and make better decisions with our free trading tools. Discover new investment opportunities with over 200 free and premium research and news providers. Graphic is for illustrative purposes only and should not be relied upon for investment decisions.
October 2025 – Loan Scams Targeting Seasonal Workers
Which online bookmakers offer the best odds and all-round service. What is it that distinguishes a great online bookmaker from its competitors? This offer is valid for 7 days from your new account being registered.
Remember to Stop, Check, and Reject if you come across an investment opportunity that appears to be an investment scam. They offer to help ‘clear your record’ and work hard to earn your trust, only to steal your money and personal information. We are aware of scammers posing as representatives from the National Anti-Scam Centre (NASC), calling victims and claiming their phone number is being used in a scam in China. The scammers misuse the CommBank brand and logo to legitimise their scam. Fake social media accounts are posting about a “stock investing course” that will supposedly help people become successful investors.
For example, games of chance including baccarat, blackjack, bingo, pokies, and poker aren’t permitted online. Features like deposit limits, reality checks, time-out options, and self-exclusion are always worth considering. Whether you’re backing your favourite AFL or NRL team, following the Ashes, or betting on global soccer leagues, the sites we’ve recommended offer a premium betting experience.
We’ll also never ask you to transfer money, download software or get you to login via a link sent through email or SMS. Both business and retail customers are currently receiving calls from scammers (often with UK/British accents) claiming to be Commonwealth Bank staff. If you are ever unsure as to a communication’s authenticity, utilise one of the methods shown on /contactus to call a CommBank number you know to be legitimate in order to speak with us. They’ll show you fake returns on your investment, then ask for more money, often through cryptocurrency. The scammers often claim you can make between $ $5000 a day from an investment of $350.
They all include a link and create an urgency to follow it. The scammers will often say that they have broken their phone and are using a “new” number. Contact is made with the victim by sending a message via Whatsapp, Facebook messenger or phone (from an unknown number). A recent trend has spiked where scammers are posing as a relative, usually daughter, son or cousin, of the victim. You can validate the authenticity of any investment product offered by CommonBank by contacting us directly through our official phone numbers, a full list of which is provided on our contact us page. This lures unsuspecting victims into clicking on the ad for more information which then populates another hyperlink that takes the reader to an overseas CFD provider.
- We’re aware of a new type of investment bond scam purporting to be supported by the Australian Securities and Investments Commission (ASIC).
- Update your details, order a replacement card, and more using your computer, tablet or mobile.
- The email requests customers to click on a link to ‘renew’ their access or ‘re-register’ the device.
- This merger came about because of their market share being eroded by the gluttony of online bookmakers that are licensed to take bets on Australian horse racing.
- To find out more about online bookmakers and their legal obligations in your state read our guides.
- The best online bookmaker sites are generally accessible via mobile, including betting apps, have great daily promotions and specials and are regulated by a state or territory in Australia.
What is the minimum age to bet online in Australia?
Applicants should look for the official Government of South Australia and Seniors Card logos to ensure they are accessing the correct website before applying for membership. To protect yourself only purchase tickets from official sources, avoid deals that seem too good to be true, and never share personal or financial information with unknown sellers. With the Australian Open finals approaching, scammers are taking advantage of the high demand for tickets by promoting fake offers, often on social media. If you (or someone you know) is a CommBank customer and has been targeted or lost money as a result of being scammed, contact us. We are aware of a phishing email scam where criminals are impersonating AIA Australia to trick recipients into sharing personal information, including credit card details. Whilst our fraud team may contact you to verify a transaction, we will never ask you for sensitive banking details such as NetBank or CommBiz token/passwords, PINs or NetCodes.
Remember we’ll never send you an email or SMS asking for personal information like your CommSec Client ID or password; or include a link to login directly from an SMS. Remember to Stop, Check and Reject and if you are ever unsure as to a communication’s authenticity, you can use one of the betting sites methods shown on commbank.com.au/support/contact-us.html to verify. A fraudulent SMS is currently circulating, attempting to deceive customers into redeeming CommBank Rewards points.
Information and resources to help us protect our mob from scams. Put your scam sense to the test with our online quiz. Once they gain access to your phone they can receive verification codes, reset passwords and restrict access to your systems. Criminals are committing fraud by taking control of mobile phone numbers or making unauthorised changes to phone accounts. Here’s what our customers have to say about their experiences with CoinSpot. Download the CoinSpot app and manage your investments everywhere you go.
Report suspected scams to your financial institution immediately. Be wary of unsolicited contact, avoid clicking on links and always verify the legitimacy of the organisation offering assistance or requesting donations. We will not ask you to verify transactions via a link in an email or SMS message. They may claim you can earn money by completing simple tasks such as liking or following Instagram accounts or transferring funds in exchange for a commission. We are aware of several phishing scams reporting to be from ‘AusPost’ requesting you click on a link for an undelivered package or to rearrange delivery.
Making your day-to-day simple, quick and secure – paying someone, transferring money, managing your cards and bills, all on the go. For step-by-step instructions in Easy English on how to use NetBank, access the guide How to use NetBank (PDF). Where you can get a big picture overview and explore all the day-to-day details too. A secure, online place for you to manage your finances.