Macquarie
Macquarie Term Deposit
Lock in a fixed interest rate for a set term.
Term depositsBank updated 15 Sept 2026
At a glance
- Best rate
- 5.35% for 12m
- 12 months
- 5.35%
- Min deposit
- $5,000
§ 01 — Rates · 66
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | — | 1 mo | — | 2.10% | — | paid at maturity; paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 1 mo | — | 2.10% | — | paid at maturity; paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 1 yr | — | 5.13% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 1 yr | — | 5.22% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 1 yr | — | 5.25% | — | paid at maturity; paid every 1 yr; For balances over 1 million dollars |
| Fixed | — | 1 yr | — | 5.35% | — | paid at maturity; paid every 1 yr; For balances of 1 million dollars and under |
| Fixed | — | 1 yr | — | 5.15% | — | paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 1 yr | — | 5.25% | — | paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 1 yr | — | 5.18% | — | paid every 6 mo; For balances over 1 million dollars |
| Fixed | — | 1 yr | — | 5.28% | — | paid every 6 mo; For balances of 1 million dollars and under |
| Fixed | — | 2 mo | — | 2.10% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 2 mo | — | 2.10% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 2 mo | — | 2.10% | — | paid at maturity; paid every 2 mo; For balances of 1 million dollars and under |
| Fixed | — | 2 mo | — | 2.10% | — | paid at maturity; paid every 2 mo; For balances over 1 million dollars |
| Fixed | — | 2 yrs | — | 1.98% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 2 yrs | — | 1.98% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 2 yrs | — | 2.00% | — | paid every 1 yr; For balances of 1 million dollars and under |
| Fixed | — | 2 yrs | — | 2.00% | — | paid every 1 yr; For balances over 1 million dollars |
| Fixed | — | 2 yrs | — | 1.99% | — | paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 2 yrs | — | 1.99% | — | paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 2 yrs | — | 1.99% | — | paid every 6 mo; For balances of 1 million dollars and under |
| Fixed | — | 2 yrs | — | 1.99% | — | paid every 6 mo; For balances over 1 million dollars |
| Fixed | — | 3 mo | — | 4.78% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 3 mo | — | 5.03% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 3 mo | — | 4.80% | — | paid at maturity; paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 3 mo | — | 5.05% | — | paid at maturity; paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 3 yrs | — | 1.98% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 3 yrs | — | 1.98% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 3 yrs | — | 2.00% | — | paid every 1 yr; For balances of 1 million dollars and under |
| Fixed | — | 3 yrs | — | 2.00% | — | paid every 1 yr; For balances over 1 million dollars |
| Fixed | — | 3 yrs | — | 1.99% | — | paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 3 yrs | — | 1.99% | — | paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 3 yrs | — | 1.99% | — | paid every 6 mo; For balances of 1 million dollars and under |
| Fixed | — | 3 yrs | — | 1.99% | — | paid every 6 mo; For balances over 1 million dollars |
| Fixed | — | 4 mo | — | 4.77% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 4 mo | — | 5.02% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 4 mo | — | 4.80% | — | paid at maturity; paid every 4 mo; For balances over 1 million dollars |
| Fixed | — | 4 mo | — | 5.05% | — | paid at maturity; paid every 4 mo; For balances of 1 million dollars and under |
| Fixed | — | 4 yrs | — | 1.98% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 4 yrs | — | 1.98% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 4 yrs | — | 2.00% | — | paid every 1 yr; For balances of 1 million dollars and under |
| Fixed | — | 4 yrs | — | 2.00% | — | paid every 1 yr; For balances over 1 million dollars |
| Fixed | — | 4 yrs | — | 1.99% | — | paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 4 yrs | — | 1.99% | — | paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 4 yrs | — | 1.99% | — | paid every 6 mo; For balances of 1 million dollars and under |
| Fixed | — | 4 yrs | — | 1.99% | — | paid every 6 mo; For balances over 1 million dollars |
| Fixed | — | 6 mo | — | 5.00% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 6 mo | — | 5.14% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 6 mo | — | 5.02% | — | paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 6 mo | — | 5.17% | — | paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 6 mo | — | 5.05% | — | paid at maturity; paid every 6 mo; For balances over 1 million dollars |
| Fixed | — | 6 mo | — | 5.20% | — | paid at maturity; paid every 6 mo; For balances of 1 million dollars and under |
| Fixed | — | 5 yrs | — | 1.98% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 5 yrs | — | 1.98% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 5 yrs | — | 2.00% | — | paid every 1 yr; For balances of 1 million dollars and under |
| Fixed | — | 5 yrs | — | 2.00% | — | paid every 1 yr; For balances over 1 million dollars |
| Fixed | — | 5 yrs | — | 1.99% | — | paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 5 yrs | — | 1.99% | — | paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 5 yrs | — | 1.99% | — | paid every 6 mo; For balances of 1 million dollars and under |
| Fixed | — | 5 yrs | — | 1.99% | — | paid every 6 mo; For balances over 1 million dollars |
| Fixed | — | 9 mo | — | 5.06% | — | paid every 1 mo; For balances over 1 million dollars |
| Fixed | — | 9 mo | — | 5.16% | — | paid every 1 mo; For balances of 1 million dollars and under |
| Fixed | — | 9 mo | — | 5.09% | — | paid every 3 mo; For balances over 1 million dollars |
| Fixed | — | 9 mo | — | 5.18% | — | paid every 3 mo; For balances of 1 million dollars and under |
| Fixed | — | 9 mo | — | 5.15% | — | paid at maturity; paid every 9 mo; For balances over 1 million dollars |
| Fixed | — | 9 mo | — | 5.25% | — | paid at maturity; paid every 9 mo; For balances of 1 million dollars and under |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Break fee | Exit | 25.00% of interest accrued | — | 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. |
§ 03 — Features
Digital banking
- · Lock in a fixed interest rate for a set term. Choose how often you receive interest payments for added flexibility.
- · View your term deposit details in app at anytime. Plus, you can update your maturity instructions to reinvest or withdraw funds in the mobile app.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Application must be submitted in Australia. You must be a permanent resident of Australia.
- · Minimum balance $5,000
- · Term deposit must be funded by Direct Debit.
- · Available for Companies and Trusts.
- · Must have an Australian mobile number.
- · Must have an email address.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Macquarie Bank Limited under the Consumer Data Right, last changed by them on 15 Sept 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.