Macquarie Bank

Term Deposit

Macquarie Bank is a merchant bank operating under the Macquarie Group Limited. It provides financial services and products to investors, businesses and governments within the Asia-Pacific, Europe, Africa, America and the Middle East. Macquarie was first established in Australia in 1969 and now, almost 40 years later, the bank continues to report record profits. Their growth is persistent and the institution now employs over 13,000 staff throughout 25 countries. Macquarie Bank is the largest majority Australian-owned investment bank. It is listed on the Australian Stock Exchange (ASX) and its head office is located in Sydney.
All rates are based on a balance of $50000 for a term of 3 months.
Company Macquarie Bank
Nominal Rate 2.45%
Effective Rate 2.47%
Payment Frequency At Maturity
Partial Withdrawal Penalty N/A
Compounding Interest No

Product Features

Can the institution send an email to you on maturity?
Can the institution call you on maturity?
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Whether the interest dividend can be paid into an account held with another financial instituion

These term deposits are ranked by nominal interest rate on a balance of $50,000.

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