product logo

Term Deposit


Calculate term deposit interest for Macquarie Bank

Deposit amount

Savings term


Pros and Cons

  • Covered By government guarantee
  • Interest can be paid to other institution

    Macquarie Bank term deposit rates

    Savings Term
    $10,000 - $1,000,000
    1 month 1.10%
    2 months 1.25%
    3 months 1.90%
    4 months 1.90%
    6 months 1.80%
    9 months 1.75%
    1 year 1.70%
    2 years 1.70%
    3 years 1.70%
    4 years 1.70%
    5 years 1.75%




    “Can I negotiate a fixed term deposit rate with the bank?” you may be wondering.

    Many banks welcome negotiation when it comes to term deposit rates, especially with deposits of over $100,000. Even if your deposit is lower than $100,000, it may be worth a discussion with your bank.

    Negotiating with your bank could secure you a higher fixed rate, which will earn you extra interest over your term. You may also discover bonuses or special offers you can acquire through your bank.

    Securing the highest interest rate possible is the key to making the most of your term deposit. You may have compared deposits online or discussed your options with a financial adviser, but you also might be wondering about negotiation in order to get a better rate.

    Compare your product with the big 4 banks, or add more products to compare
    As seen on