Macquarie Term Deposit
Lock in a fixed interest rate for a set term.
- Fixed rate
- 5.2%
- 1 year
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed · 1 month For balances of 1 million dollars and under | 2.1% | 1 month term interest paid at maturity | monthly |
| Fixed · 2 months For balances of 1 million dollars and under | 2.1% | 2 month term interest paid monthly | monthly |
| Fixed · 2 months For balances of 1 million dollars and under | 2.1% | 2 month term interest paid at maturity | every 2 months |
| Fixed · 3 months For balances of 1 million dollars and under | 5% | 3 month term interest paid at maturity | every 3 months |
| Fixed · 3 months For balances of 1 million dollars and under | 4.98% | 3 month term interest paid monthly | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Break fee The break fee equals 25% of interest accrued on your Term Deposit as at the date of closure and will be deducted from the total interest payable to you. | Exit | 25% of interest accrued |
Features
- Digital banking
- A connected, digital experience.
- Lock in a fixed interest rate for a set term. Choose how often you receive interest payments for added flexibility.
- View your term deposit details in app at anytime. Plus, you can update your maturity instructions to reinvest or withdraw funds in the mobile app.
Eligibility
- Residency status — Application must be submitted in Australia. You must be a permanent resident of Australia.
- Term deposit must be funded by Direct Debit.
- Available for Companies and Trusts.
- Minimum age — 18 yearsMinimum age requirement.
- Must have an Australian mobile number.
- Must have an email address.
Constraints
- Minimum balance — $5,000.00Minimum opening deposit must be equal to or above $5,000.
More Information
Published by Macquarie Bank Limited under the Consumer Data Right · Last updated 8 July 2026 · Product ID TD001MBLTDA001 · View on CDR.gov.au · View Source Data (JSON)