Macquarie Term Deposit
11 termsFixed rate
Lock in a fixed interest rate for a set term.
- Minimum deposit
- $5,000
- Maximum deposit
- Not published
- Terms offered
- 11
Rate a year, up to
For 1 year
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 1 month | At maturity | 2.10% |
| 2 months | Monthly | 2.10% |
| 2 months | At maturity | 2.10% |
| 3 months | At maturity | 5.10% |
| 3 months | Monthly | 5.08% |
| 3 months | At maturity | 4.85% |
| 3 months | Monthly | 4.83% |
| 4 months | At maturity | 5.10% |
| 4 months | Monthly | 5.07% |
| 4 months | At maturity | 4.85% |
| 4 months | Monthly | 4.82% |
| 6 months | At maturity | 5.25% |
| 6 months | Quarterly | 5.22% |
| 6 months | Monthly | 5.19% |
| 6 months | At maturity | 5.10% |
| 6 months | Quarterly | 5.07% |
| 6 months | Monthly | 5.05% |
| 9 months | At maturity | 5.30% |
| 9 months | Quarterly | 5.23% |
| 9 months | Monthly | 5.21% |
| 9 months | At maturity | 5.20% |
| 9 months | Quarterly | 5.13% |
| 9 months | Monthly | 5.11% |
| 1 year | At maturity | 5.40% |
| 1 year | Every 6 months | 5.33% |
| 1 year | At maturity | 5.30% |
| 1 year | Quarterly | 5.29% |
| 1 year | Monthly | 5.27% |
| 1 year | Every 6 months | 5.23% |
| 1 year | Quarterly | 5.20% |
| 1 year | Monthly | 5.18% |
| 2 years | Yearly | 2.00% |
| 2 years | Quarterly | 1.99% |
| 2 years | Every 6 months | 1.99% |
| 2 years | Monthly | 1.98% |
| 3 years | Yearly | 2.00% |
| 3 years | Quarterly | 1.99% |
| 3 years | Every 6 months | 1.99% |
| 3 years | Monthly | 1.98% |
| 4 years | Yearly | 2.00% |
| 4 years | Quarterly | 1.99% |
| 4 years | Every 6 months | 1.99% |
| 4 years | Monthly | 1.98% |
| 5 years | Yearly | 2.00% |
| 5 years | Quarterly | 1.99% |
| 5 years | Every 6 months | 1.99% |
| 5 years | Monthly | 1.98% |
Deposit amount on every term: From $5,000.
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
5.40%
A typical 1 year rate is 5.25%.
Minimum deposit
$5,000
A typical minimum is $2,000.
Pros and cons
Pros
- A higher rate. 5.40% for 1 year, above the typical 5.25%, so your money earns more over the term.
- Monthly interest. You can have interest paid each month, which suits living off the interest.
- Plenty of terms. 11 terms to choose from, so you can match the term to when you'll need the money.
Cons
- Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.
Similar term deposits
Term deposits from other banks that pay a similar rate for the same term.
- Rate a year
- 5.40%
- Minimum deposit
- $5,000
- Rate a year
- 5.40%
- Minimum deposit
- $1,000
- Rate a year
- 5.40%
- Minimum deposit
- $1,000
