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Group Executive, Retail Banking, Angus Sullivan said: “We are committed to helping our customers navigate the current environment, including through further increases to the interest rates across a number of our deposit products such as increasing our 18 month Term Deposit special to 3.70% p.a.” These Term Deposit rates 1 will be effective 10 October. The bank will also increase its 18-month Term Deposit special to 3.70% p.a. To further support savers, CBA will increase a number of Term Deposit interest rates, including its 12-month Term Deposit by 1.35% to 3.35% p.a.
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