Farm Management Deposit account (At Call)
A tax-effective investment that allows primary producers to set aside pre-tax income as a cash reserve for later years.
- Base rate
- 1.35%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable At Call Option. Payment frequency - Quarterly in March, June, September and December. Rate is on Per Annum basis. | 0% | Amount | every 3 months |
| Variable At Call Option. Payment frequency - Quarterly in March, June, September and December. Rate is on Per Annum basis. | 0.01% | Amount | every 3 months |
| Variable At Call Option. Payment frequency - Quarterly in March, June, September and December. Rate is on Per Annum basis. | 0.75% | Amount | every 3 months |
| Variable At Call Option. Payment frequency - Quarterly in March, June, September and December. Rate is on Per Annum basis. | 1.35% | Amount | every 3 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Issue of transaction listing or Paper Statement Fee At Call FMD Account - on the date of request for ad-hoc transaction listing or paper statement | Event | $2.50 |
Features
- Helps balance good and bad times, by allowing eligible customers to set aside their individual pre-tax income in good years as a cash reserve to withdraw from in less profitable years.
- Withdrawals and deposits are made by phoning your Relationship Manager, or visiting a branch of the Bank.
- When you select an At Call Deposit you will receive a standard variable interest rate. Interest is calculated daily and paid quarterly on the full balance when $1,000 or more is held in the account.
- Digital banking
- You will be able to renew the term of the Farm Management Deposit account at maturity, in NetBank and the CommBank app.
- Flexibility to choose between a fixed term and at call investment option
- $1,000.00 minimum ongoing balance in any individual FMD Account at any time.
- No account-keeping fees (standard government fees may apply).
Eligibility
- To be eligible for the scheme and to maintain FMD status, the account holder must be an individual primary producer (this can include the beneficiary of a trust, partner of a partnership, but not joint persons or companies) at the time when they open the account or make a deposit. Deposits must meet the criteria specified in the Income Tax Assessment Act 1997 and those outlined in the Terms and Conditions section of the Farm Management Deposit Accounts document. For further details on eligibility criteria refer to the Farm Management Deposits Law or visit the Department of Agriculture and Water Resources website at agriculture.gov.au. Account holders must also meet the FMD account eligibility criteria as set out by the ATO
Constraints
- Maximum balance — $800,000.00Aggregate balance of all FMD Accounts must not exceed $800,000.00
- Opening balance — $1,000.00At Call FMD Account - $1,000.00 minimum deposit
More Information
Published by CommBank under the Consumer Data Right · Last updated 16 July 2026 · Product ID cea8baa02cca4e0990372984db2b0bf2 · View on CDR.gov.au