Interest on the Macquarie CMA is calculated using stepped interest rates, which means that account holders may be paid a different interest rate for different portions of their balance.
|Product||Balance portion||Interest rate|
|$5,000 +||0.25% pa**|
|$10,000,000 +||0.30% pa|
Interest rates effective from 9 November 2020 and are subject to change without notice.
** Rate includes 0.25% pa adviser rebate and is available to advised accounts who opened accounts on or after 1 July 2014. If your account was opened before 1 July 2014, we recommend you check your statement or speak with your adviser for further information on your current interest rate.
For the interest rates that apply to cash accounts linked to wrap, please visit the wrap page.
Interest on cash accounts linked to wrap are calculated differently. However, clients who close their wrap account but decide to keep their CMA will, at that point, then be subject to the stepped interest rates listed above.