The term deposit rate is the agreed interest rate for your term deposit. It remains fixed for the term of the deposit. For example, if you deposit $5,000 for 12 months at a 2.5 per cent term deposit rate, that 2.5 per cent. Macquarie Bank 6 Month Term Deposit. Rate indicated is for deposits between $10,000 to $1 million. 1.65% 6 Month: Apply Dec 2019: HSBC Australia Term Deposit. HSBC Australia 3 Month Term Deposit. Rate indicated is for deposits $50,000+ +Follow. 1.50% 3 Month: Apply Sep 2019: Service One Term Deposit. Service One 1 Year Term Deposit. The Macquarie Bank Term Deposit is a fixed investment for periods of one month to five years. Lock your funds away for a period of time that suits you and enjoy a fixed interest rate for the life. A term deposit usually pays a higher rate of interest than a regular savings account, with the interest rate fixed for the term (or duration) of the deposit. You can open a term deposit account for one month or up to five years depending on your investment goal, and invest as little as $500 to start earning a profit. Except for Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502 (MBL), any Macquarie entity referred to on this page is not an authorised deposit.
Your clients will be able to view their statements online once issued. This depends on the statement cycles which differs based on the product.
Cash Management Accounts
By default, your clients will receive their cash statements in half-yearly cycles. They can change this though if they want statements more frequently. The options for statement deliveries are:
- Half Yearly: January-June; July-December
- Quarterly: January-March; April-June; July-September; October-December
- Monthly.
Statements are available online the day after the last day in the statement cycle. This includes weekends. Statements are also available online for up to ten years. Your client can elect to receive hard copies of their statements via the post. Please note that fees may apply for hard copy statements.
For more details see Macquarie.com.au/investing/cash-management-account
For more information about statements, see Do clients receive tax statements and statements via mail?
Cash Management Accelerator Accounts
Your clients will receive their Accelerator statements in half-yearly cycles by default. They can change this if they want to receive statements quarterly or monthly instead.
Term Deposits
Your clients will receive their half yearly term deposit statements by mail. These are sent out every 6 months at the end of June and December.
IDPS Accounts
Your clients can access their annual and quarterly statements for their Wrap Investment accounts online.
Quarterly statements are available online by the end of the month following the financial quarter. That is the end of January, April, and October each year. Annual statements are available before the end of July.
Superannuation and Pension Accounts
Your clients can access their half yearly report and annual statement for their super and pension accounts online.
As an adviser you can view and download your client’s statements through Adviser Online. However, you won’t be able to change their statement preferences.
Featured interest rates
| Term | Rate (Interest at maturity) |
|---|---|
| 3 months | 0.40% p.a. |
| 6 months | 0.45% p.a. |
| 9 months | 0.50% p.a. |
| 1 year | 0.50% 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.
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 | 0.40% p.a. | 0.40% p.a. | 0.40% p.a. | |
| 4 months | 0.40% p.a. | 0.40% p.a. | ||
| 6 months | 0.45% p.a. | 0.45% p.a. | 0.45% p.a. | |
| 9 months | 0.50% p.a. | 0.50% p.a. | 0.50% p.a. | |
| 1 year | 0.50% p.a. | 0.50% p.a. | 0.50% p.a. | |
| 2 years | 0.50% p.a. | 0.50% p.a. | 0.50% p.a. | |
| 3 years | 0.45% p.a. | 0.45% p.a. | 0.45% p.a. | |
| 4 years | 0.45% p.a. | 0.45% p.a. | 0.45% p.a. | |
| 5 years | 0.45% p.a. | 0.45% p.a. | 0.45% 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
Macquarie Bank Term Deposit Rates 2021
| Document | Link |
|---|---|
| Term deposit product information statement | Download PDF |
| Term deposit further information booklet | Download PDF |
| Term deposit application guide | Download PDF |