Products & platforms

Term Deposit

Lock in solid returns for your clients

 Are your clients looking to invest in a term deposit?

Features

Lock in solid returns for your clients and get a crystal clear view of their Macquarie cash portfolios.

Ideal for: clients wanting a fixed-term, with returns locked in at an attractive rate.

Adviser benefits

  • Online access and visibility – so you have a crystal clear view of your clients’ Macquarie cash portfolios
  • Take control, save time, apply online – using online applications with electronic verification
  • Exceptional service – dedicated adviser services team to make your day-to-day client management a whole lot easier.

Client benefits

  • Competitive interest rates across a range of terms from 1 month to 5 years+
  • No establishment or account keeping fees
  • Easy application and management through your adviser
  • SMSF ready

Term deposit interest rates - deposits up to $1 million

Interest paid at maturity
1 month 2.65% pa
2 months 2.65% pa
3 months 3.40% pa+
4 months 3.45% pa
6 months 3.50% pa
9 months 3.50% pa
Interest paid annually
1 year 3.55% pa
2 years 3.85% pa
3 years 4.00% pa
4 years 4.20% pa
5 years 4.40% pa

Additional rates are available for other interest payment options, including monthly, quarterly, 
half-yearly, annually and at maturity. View more rates

  

  Macquarie CMA
more info
Macquarie Bank
Term Deposit
 
Interest rate 2.50% pa* 3.40% pa+
What's it for? Central cashflow management hub Lock in solid returns for cash you don't need till later
Minimum Investment $5,000 $10,000
No account-keeping fees yes yes
Competitive interest rate yes yes
At call access to cash yes no

Frequently asked questions

How often do the rates change?

The term deposit interest rates are based on the overnight cash market. The rates are set each morning by Macquarie Treasury and updated on our website before 10am. Please check the rates on the website on the morning your client will be applying to be sure of the rate they will receive.

How long will it take to setup my client’s term deposit?

Macquarie uses a faster online application process to enable quick and easy account opening. We use electronic identification to confirm your clients’ details. After all clients have electronically authorised the account, if we can electronically verify the details of all the applicants and entities in the application, no further follow up is required and if the application was submitted before 3pm on a business day, the account will be opened that day. Applications submitted after 3pm will be opened on the next business day.

Will my client's funds be locked away?

Yes. However, your client may request to withdraw funds from their Term Deposit prior to the agreed maturity date. This will be at our discretion and an interest adjustment may apply. See Making changes to a Term Deposit before maturity in the Product Information Statement for more information.

How do I open a Macquarie Term Deposit account for my client?

You can submit an online application through Macquarie Access

Macquarie Access now has a New accounts page which is accessible by selecting 

  • Clients and accounts > Open new accounts or 
  • the Open new accounts button on the right-hand panel.

The your.clients applications will continue to be available for a short period of time while users become familiar with the new process and train relevant staff.

Tools

Flyer name Use this flyer to...
Term Deposit Provides essential information to the client about Macquarie Term Deposits
Term Deposit interest rates Information on the latest Macquarie Bank Term Deposit interest rates
Simple tools to manage your cashflow Explain why earning more money doesn't always translate into wealth
Cashflow plan A workbook for your clients to complete and to help them identify gaps in their cashflow management
Cashflow management card Explain the importance of implementing a cashflow management system
Go faster with Macquarie applications A guide to the online applications with electronic verification

Forms

Application forms

Form name Use this form to...
Macquarie Bank Term Deposit Apply for a Macquarie Term Deposit.

Online registration

Form name Use this form to...
Macquarie Online and Phone Registration Register for access to transact@macquarie and/or Macquarie PhoneLink or change your selection for these services.
Online Adviser Registration Register for access to your.clients@macquarie.
Online Employee Registration Register your employees to access your.clients@macquarie.

Third party authority

Form name Use this form to...
Adviser Limited Third Party - Authorisation Register for authority to transfer funds between your client's CMA and Cash XL accounts and establish authority to open term deposits.

Account maintenance

Form name Use this form to...
Change of Account Details Update account information including address and contact details.

Transacting forms

Form name Use this form to...
Authority to Transfer Manage your clients' cashflow by consolidating their funds from other bank accounts into their CMA or Cash XL accounts.
Deposit Make additional deposits into your clients' existing CMA.
Direct Debit Request Debit a nominated account with another financial institution for regular deposits to your clients' CMA or Cash XL accounts.
Foreign Currency Cheques Use this form to deposit foreign currency cheques.
Income Redirection Arrange for your clients to redirect their income (salary, rental, super and pension payments) to their CMA or Cash XL account.
Interest and Dividend Payment Authority Arrange for your clients' dividend or interest payments from their investments to be paid directly into their CMA.
Overseas Telegraphic Transfer and Bank Draft Request Transfer funds overseas and/or request a bank draft.
Periodic Payment Authority Setup or amend regular payments from your clients' CMA (such as pension payments).
Withdrawal Request to withdraw funds.

Deceased estates

Form name Use this form to...
Deceased Estate Change of Account Details Change account details on a deceased estate account.
Deceased Estate Withdrawal Withdraw funds from a deceased estate account.

Fast fax

Form name Use this form to...
Fast Fax Receive your client's portfolio account number by fax.

Offer documents

Document name Use this document to...
Macquarie Bank Term Deposit The product information statement includes the application form.

 

Online applications

New faster online applications with electronic verification make it easier than ever for your clients to apply for a Macquarie Bank Term Deposit. This application process is simple, fast and convenient for you and your clients. You have control over the application from the start and have the ability to begin the application process on behalf of your client and then track the status of the application as it progresses. 

Electronic verification means that in most cases we can identify your clients online and funds can be deposited straight away1. However, we will require your clients’ signatures and identification paperwork before they can manually withdraw funds or make changes to the account2

Four easy steps to open an account

Expression of interest flowchart

More information

Start an application.

Download our frequently asked questions or phone 1800 808 508 for more information.

Contact us

Australian Capital Territory/New South Wales | Victoria/Tasmania | Queensland/Northern Territory | South Australia | Western Australia

 Australian Capital Territory/New South Wales

Business Development Managers

Laura O'Rourke

Laura O'Rourke

Business Development Manager
P: 02 8232 4010
laura.orourke@macquarie.com

Glen Hare

Glen Hare

Business Development Manager
P: 02 8232 5772
glen.hare@macquarie.com

Business Development Consultants

Sean Trainor

Sean Trainor

Adviser Business Development
P: 1800 005 056
sean.trainor@macquarie.com

 Victoria/Tasmania

Business Development Managers

Brendan Mutton

Brendan Mutton

Business Development Manager
P: 03 9635 8096
brendan.mutton@macquarie.com

Janet Carlsen

Janet Carlsen

Business Development Manager
P: 03 9635 9223
janet.carlsen@macquarie.com

Business Development Consultants

Sophie Norman

Sophie Norman

Adviser Business Development
P: 1800 005 056
sophie.norman@macquarie.com

 Queensland/Northern Territory

Business Development Managers

Neville Mills

Neville Mills

Business Development Manager
P: 07 3233 5176
neville.mills@macquarie.com

Business Development Consultants

David Hansen

David Hansen

Adviser Business Development
P: 1800 005 056
david.hansen@macquarie.com

 South Australia

Business Development Managers

Joshua Kent

Joshua Kent

Business Development Manager
P: 08 8203 0245
joshua.kent@macquarie.com

Business Development Consultants

Sophie Norman

Sophie Norman

Adviser Business Development
P: 1800 005 056
sophie.norman@macquarie.com

 Western Australia

Business Development Managers

Sian Jones

Sian Jones

Business Development Manager
P: 08 9224 0689
sian.jones@macquarie.com

Business Development Consultants

David Hansen

David Hansen

Adviser Business Development
P: 1800 005 056
david.hansen@macquarie.com

Contact us

Call: 1300 739 980

Overseas: +61 1300 739 980

Fax: 1300 736 967