Boost your savings

A Macquarie Term Deposit offers a simple, secure investment to help boost your savings. 
Hand holding a tablet writing on a tablet outside at a cafe
Be confident that your money is invested securely and with a competitive fixed interest rate.

Award-winning SMSF solution1

By linking our award-winning term deposit and cash solutions,  you can simplify your self-managed super fund (SMSF) accounting, tax returns and end-of-year financial reporting.

A connected, digital experience

You can apply online, and link your term deposit directly to your existing Macquarie Cash Management Account (CMA), giving you more flexibility to manage your investments and control your cashflow.

Government guarantee

The Australian Government guarantees aggregated deposits of up to A$250,0002 with Australian authorised deposit-taking institutions.

A secure investment

Lock in an interest rate for a term that suits your needs. 

Flexible interest payments and investment terms

You can choose how often you receive interest payments and a range of investment terms to suit your needs and overall investment strategies. 

Transparency and convenience with Macquarie Mobile Banking

You can can access your balance and rates as well as view and update your maturity instructions for your term deposit all through our banking app. 

Cash flow planning

Cash flow management is an essential building block for a strong financial foundation. Use this tool to undestand how flow management is increasingly important for growing your wealth and reaching your lifestyle goals.

All interest rates

Term Interest paid at maturity Interest paid monthly Interest paid quarterly Interest paid annually
1 month 0.10% p.a. 0.10% p.a.    
2 months 0.10% p.a. 0.10% p.a.    
3 months 1.05% p.a. 1.05% p.a. 1.05% p.a.  
4 months 1.05% p.a. 1.05% p.a.    
6 months 1.05% p.a. 1.05% p.a. 1.05% p.a.  
9 months 1.05% p.a. 1.05% p.a. 1.05% p.a.  
1 year 1.10% p.a. 1.09% p.a. 1.10% p.a. 1.10% p.a.
2 years 1.15% p.a. 1.14% p.a. 1.15% p.a. 1.15% p.a.
3 years 1.20% p.a. 1.19% p.a. 1.19% p.a. 1.20% p.a.
4 years 1.20% p.a. 1.19% p.a. 1.19% p.a. 1.20% p.a.
5 years 1.25% p.a. 1.24% p.a. 1.24% p.a. 1.25% p.a.

 

^For deposits over $1 million, or where interest payments are more frequent, rates may differ, Call 13 62 00 to find out more.

These rates apply to Macquarie Personal Banking clients only. If you are a Macquarie Business Banking client please contact your relationship manager for applicable term deposit rates.

Offer documents

Document Link
Term deposit product information statement Download PDF
Term deposit further information booklet Download PDF
Term deposit application guide Download PDF

Apply today

Fast online applications with electronic verification makes it easier than ever for you to apply for a Macquarie Bank Term Deposit.

Want to talk?

If you'd like to talk to us before opening a new term deposit call us today on 13 62 00.

Do you have a financial adviser?

Our term deposit is designed to work with your adviser. Contact them today to discuss opening an account. 

 

Frequently asked questions

All deposits to a Macquarie Term Deposit account are made via direct debit from a nominated bank account. The direct debit and nominated bank account are established during the account opening process. Additional deposits can be made on the maturity date.

To change a nominated bank account, or for support with depositing or withdrawing funds, contact your financial adviser, or call us on 1800 806 310 (+61 7 3233 8111), 8am to 7pm (AEST/ADST) Monday to Friday.
 
Joint account holders can individually or jointly transact on and make changes to the account. Joint accounts can be set up during the application process for the following accounts:
 
  • Macquarie Transaction Account
  • Macquarie Savings Account
  • Macquarie Cash Management Account
  • Macquarie Cash Management Accelerator Account (the account has to be in the same name as the linked Cash Management Account)
  • Macquarie Term Deposit.
 
Once an account has been opened in a person’s name, it can’t be converted into a joint account, but the account holder can provide a third party with authority to view or transact on their account after the account is opened.
The Macquarie Online tour is an on-screen demonstration of Macquarie Online Banking’s main features. You can find it here:
 
  1. Select the Help icon from the side menu; or first click on the  icon in top left-hand corner to display the side menu
  2. Select Take a Tour.

New accounts

Monday to Friday 8am – 6pm (Sydney time)

13 62 00

Existing accounts

Monday to Friday 8am – 6pm (Sydney time)

1300 739 980

Help and support

Visit our online Help Centre.

Additional information

This information has been prepared by Macquarie Bank Limited AFSL and Australian Credit Licence 237502 and does not take into account your objectives, financial situation or needs. Before making any financial investment decision or a decision about whether to acquire a product mentioned on this page, a person should obtain and review the terms and conditions relating to that product and also seek independent financial, legal and taxation advice.

1

Winner of the SMSF Awards 2019 Cash and Term Deposit Platforms.

2

A guarantee cap of $250,000 per account holder per institution applies. Further information about the Government Guarantee can also be obtained from the APRA website at www.fcs.gov.au.