What is Macquarie Bank's current term deposit rate?

As of 2026-08-16, Macquarie Bank's term deposit rates ranged up to 5.20% p.a. depending on the term. See the full table above, and confirm the current rate on Macquarie Bank's official site before opening an account.

What is the minimum deposit for a Macquarie Bank term deposit?

Macquarie Bank's minimum term deposit is generally around $5,000, though this can vary by term and product. Confirm on their official site.

Macquarie Bank Term Deposit Rates (2026-08-22) | Term Deposit Rates Australia

Rates shown may include promotional offers and can change without notice — confirm the current rate on the provider's site before acting. How we source rates

Term	Interest Rate (p.a.)	Min. Deposit
12 months	5.20% — Reported as best current rate; treat as approximate	$5,000

Source: Macquarie Bank term deposit rates

Notes on Macquarie Bank's rates

Macquarie offers terms across 1, 2, 3, 4, 6, 9, 12, 24, 36, 48 and 60 months. Only an approximate 12-month figure could be confirmed at last review — sources ranged between 5.15% and 5.25%, likely reflecting a rate move during our research window.

Interest Payment Options

Macquarie Bank's interest payment options: Varies by term. Interest paid at maturity typically offers the headline rate; opting for monthly or quarterly payments can reduce the effective rate slightly, since you're accessing your returns sooner.

How Macquarie Bank Compares

Term deposit rates move independently between banks, so it's worth checking a few options before committing. See how Macquarie Bank stacks up against other providers:

Or use our full comparison table to see every bank side by side, or the term deposit calculator to estimate your returns.