Important disclosure

Macquarie Bank Limited

Term Deposit

Real Time Rating™

  • Joint application available
  • Interest payment to other institution
Max rate

4.85%

p.a

for 3 months

Min. deposit

$5,000

RateCity says

“Grow your savings with this term deposit offering a competitive interest rate and automatic maturity rollover.”

Real Time Rating™
Tags
  • Joint application available
  • Interest payment to other institution
Max rate

4.85%

p.a

for 3 months

Min. deposit

$5,000

Pros and cons

For Term Deposit

Benefits

  • Interest can be paid to other institution
  • Automatic maturity rollover

Drawbacks

  • 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds

Macquarie Bank Rate Term deposit overview

For Term Deposit

Features

Min. deposit

$5,000

Automatic maturity rollover

Maturity alert by phone

Maturity alert by email

Joint application available

Minimum Age Requirement

18

Notice period to withdraw

31

Is covered by government guarantee

Target Market Determination

Visit Macquarie Bank Limited to view Target Market Determination.

Interest

Interest Calculation Frequency

Daily

Interest Payment Frequency Options

Annually, At Maturity

Interest payment via other institution

Interest payment method

Fees

Early withdrawal fee

Rates

Macquarie Bank Limited term deposits rates

TermRates on deposit of ($5,000 - $1,000,000)
1 month0.05%
2 months0.85%
3 months4.85%
4 months4.80%
6 months4.80%
9 months4.70%
1 year4.70%
2 years4.40%
3 years4.35%
4 years4.35%
5 years4.35%

Promoted term deposits

Promoted

Personal Term Deposit (At Maturity)

Real Time Rating™
  • Joint application available
  • Maturity alert by email
  • Maturity alert by phone
  • Interest payment to other institution

2024 Award Winner

Interest rate

5.10%

p.a

for 12 months

Min. deposit

$1,000

Next rate increased
Max rate

5.10%

p.a

for 9 months

Promoted

Term Deposits

Real Time Rating™
  • Joint application available
  • Maturity alert by email
Interest rate

4.80%

p.a

for 12 months

Min. deposit

$1,000

Next rate increased
Max rate

4.80%

p.a

for 12 months

Promoted

Term Deposit

Real Time Rating™
  • Joint application available
Interest rate

4.75%

p.a

for 12 months

Min. deposit

$1,000

Next rate increased
Max rate

4.75%

p.a

for 6 months

Promoted

Money Making Term Deposit

Real Time Rating™
  • Joint application available
  • Maturity alert by email
  • Interest payment to other institution
Interest rate

3.50%

p.a

for 12 months

Min. deposit

$5,000

Next rate increased

3.85%

p.a

for 24 months

Max rate

3.85%

p.a

for 24 months