The Finance Algorithm
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Macquarie Business Banking Term Deposit

Lock in a higher interest rate for business deposits over $5,000 with terms ranging from 30 days to 24 months.

Term depositsRates on applicationBank updated 25 Mar 2026

At a glance

Pricing
Rates on application
Min deposit
$5,000

Fees

One fee published, grouped by when they're charged.

When you close it or pay it off1

  • Break fee

    The break fee equals 25% of interest accrued on your Term Deposit as at the date of closure and will be deducted from the total interest payable to you.

    25.00% of interest accrued

Features

Digital banking
  • Lock in a higher interest rate for business deposits over $5,000 with terms ranging from 30 days to 24 months.
  • Pay interest into any account held with us.

Eligibility and limits

  • Available to businesses
  • Minimum balance $5,000

Published by Macquarie Bank Limited under the Consumer Data Right, last changed by them on 25 Mar 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.