Macquarie Bank Term Deposit

Rates from

0.30

% p.a.

for 3 months

0.30

% p.a.

for 6 months

Apply now

Features

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.

Calculator

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.

Learn more

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.

Download the flyer

Rates and information

Featured interest rates

Term	Rate (Interest at maturity)
3 months	0.30% p.a.
6 months	0.30% p.a.
9 months	0.30% p.a.
1 year	0.55% p.a.

^ For more information on rates for term deposits greater than $1 million, and options relating to interest payment frequency call 13 62 00.

These rates apply to Macquarie Personal Banking clients only. If you’re a Macquarie Business Banking client please contact your Relationship Manager for applicable Term Deposit rates.

Term Deposit funds are locked in until maturity. Learn about withdrawing funds prior to maturity.

All interest rates

Term	Interest paid at maturity	Interest paid monthly	Interest paid quarterly	Interest paid annually
1 month	0.05% p.a.	0.05% p.a.
2 months	0.05% p.a.	0.05% p.a.
3 months	0.30% p.a.	0.30% p.a.	0.30% p.a.
4 months	0.30% p.a.	0.30% p.a.
6 months	0.30% p.a.	0.30% p.a.	0.30% p.a.
9 months	0.30% p.a.	0.30% p.a.	0.30% p.a.
1 year		0.55% p.a.	0.55% p.a.	0.55% p.a.
2 years		0.60% p.a.	0.60% p.a.	0.60% p.a.
3 years		0.60% p.a.	0.60% p.a.	0.60% p.a.
4 years		0.60% p.a.	0.60% p.a.	0.60% p.a.
5 years		0.60% p.a.	0.60% p.a.	0.60% p.a.

^ For more information on rates for term deposits greater than $1 million, and options relating to interest payment frequency call 13 62 00.

These rates apply to Macquarie Personal Banking clients only. If you’re a Macquarie Business Banking client please contact your Relationship Manager for applicable Term Deposit rates.

Term Deposit funds are locked in until maturity. Learn about withdrawing funds prior to maturity.

Offer documents

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

How to apply

Apply today

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

Apply online

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.

FAQs

Frequently asked questions

How do I make deposits to my Term Deposit account?

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 (Sydney time) Monday to Friday.

Can I open a joint bank account?

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.

How do I use Macquarie Online?

The Macquarie Online tour is an on-screen demonstration of Macquarie Online Banking’s main features. You can find it here:

Select the Help icon from the side menu; or first click on the icon in top left-hand corner to display the side menu
Select Take a Tour.

What are my deposits being used for?

At Macquarie, we empower people to innovate and invest for a better future.

We take our obligations as a responsible lender and a signatory to the Banking Code of Practice seriously, and we’re proud to reward our savers and borrowers with award-winning products including great rates, choice and an exceptional experience.

Deposits held by Macquarie Bank support our lending to Australian households and businesses, including home loans, vehicle loans and loans to support local small to medium sized businesses.

Macquarie’s environmental, social and governance (ESG) commitment reflects our responsibility to our clients, shareholders and the communities in which we operate.

For more help and support topics, visit Macquarie Help Centre

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.

Your questions answered

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.

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

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

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.