Invest in certainty

Term Deposit

Boost your savings with a competitive fixed interest rate. There are no ongoing or upfront fees and you can apply online in minutes.

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Why choose a Macquarie Bank Term Deposit?

Competitive term deposit rates

Boost your savings with a competitive fixed interest rate

No ongoing or upfront fees

No establishment, monthly account keeping or management fees

Fast, easy application

Set up your account quickly and securely. You can apply online in minutes

Choose from a range of investment terms to suit your needs and overall investment strategy. We offer fixed terms from one month to five years and the option to select your own maturity date.

Our term deposits offer you flexible reinvestment options and the ability to invest as a self managed super fund (SMSF). Specifically designed to link seamlessly with the Macquarie Cash Management Account (CMA), you can simplify your super fund accounting, tax returns and end-of-year financial reporting.

Macquarie is committed to ensuring interest rates across both the short and longer terms are competitive. This means you will not get caught out if you allow your investment to automatically roll over at the end of your initial term.

Have your interest paid as a lump sum, or create an income stream with regular payments. We offer monthly, quarterly, bi-annual and annual interest payments, or a single interest payment on maturity.

Speak to a real person every time you call during business hours. Our term deposits are supported by specialist staff who are renowned for their efficient, friendly service and product knowledge.

The Australian Government guarantees aggregated deposits with Australian authorised deposit-taking institutions, including Macquarie Bank, of up to $A250,000.2

Macquarie Bank Term Deposit Rates

For deposits up to $1 million

Term1 month2 month3 month4 month6 month9 month1 year2 year3 year5 year
1.90 2.15 2.54 2.54 2.59 2.59 2.59 2.30 2.85 2.90

These rates apply to Macquarie Personal Banking only. If you are a Macquarie Business Banking client please contact your relationship manager for applicable term deposit rates.

Best wrap, cash and term deposit accounts

Award winning solutions for SMSFs, year after year

We're proud to be named Best Cash and Term Deposit Provider at both the SMSF Adviser Awards and Core Data Awards. We were also named Best Investment Platform - Macquarie Wrap* by SMSF members at the Core Data Awards.

How a Macquarie Bank Term Deposit could help you…

Self managed super fund (SMSF) trustee

Enjoy the certainty of a fixed level of interest and simplify your tax returns, auditing and end-of-financial-year reporting.

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Existing Macquarie account holders

Link your term deposit directly to your Macquarie CMA to give you more flexibility to manage your investments and help you take control of your cash flow.

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Is a Macquarie Bank Term Deposit right for me?

A Macquarie Bank Term Deposit give you the security of a competitive fixed return over a set period of time and your deposit is covered by the Australian Government Guarantee2. We offer flexible options for reinvesting your returns and there are no establishment or account fees.


Australian residents, applying in Australia who are aged 18 or over are eligible to apply. You need to invest at least $10,000 for a minimum term of one month.

Getting started is easy

Our fast online application with electronic verification3 means it has never been easier for you to open a Macquarie Bank Term Deposit.

Download the Product Information Statement and Further Information Booklet.

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Would you like to know more?

Whether you are an existing client, or a new client looking for new ways to manage your money, our Expertise section has useful financial tips and guides to help get you more from your savings.

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