Macquarie Bank term deposit rates
11 terms published on 10 Oct 2026, best 5.35% for 12 months, from Macquarie Bank’s own Consumer Data Right feed. Registered as Macquarie Bank Limited.
Today’s rates >_Interest on a deposit →Macquarie Bank website →
Macquarie Bank at a glance
Today’s rates11 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 1mo | 2.10% | joint #9 of 33 | +0.60 | −2.00 | — | same on every day read since 26 Aug 2026 | $5,000 | Macquarie Term Deposit |
| 2mo | 2.10% | joint #9 of 36 | +0.35 | −2.35 | — | same on every day read since 26 Aug 2026 | $5,000 | Macquarie Term Deposit |
| 3mo | 5.05% | joint #7 of 68 | +0.50 | −0.20 | ▲ +0.05 2 Sep | in effect since 2 Sep 2026 | $5,000 | Macquarie Term Deposit |
| 4mo | 5.05% | joint #7 of 49 | +0.40 | −0.35 | ▲ +0.05 2 Sep | in effect since 2 Sep 2026 | $5,000 | Macquarie Term Deposit |
| 6mo | 5.20% | joint #10 of 73 | +0.20 | −0.25 | ▲ +0.05 16 Sep | in effect since 16 Sep 2026 | $5,000 | Macquarie Term Deposit |
| 9mo | 5.25% | joint #12 of 60 | +0.45 | −0.15 | ▲ +0.05 16 Sep | in effect since 16 Sep 2026 | $5,000 | Macquarie Term Deposit |
| 1yr | 5.35% | joint #20 of 75 | +0.10 | −0.25 | ▲ +0.05 16 Sep | in effect since 16 Sep 2026 | $5,000 | Macquarie Term Deposit |
| 2yr | 2.00% | joint #65 of 67 | −2.70 | −3.55 | — | same on every day read since 26 Aug 2026 | $5,000 | Macquarie Term Deposit |
| 3yr | 2.00% | joint #50 of 51 | −2.30 | −3.45 | — | same on every day read since 26 Aug 2026 | $5,000 | Macquarie Term Deposit |
| 4yr | 2.00% | joint #31 of 32 | −2.00 | −3.50 | — | same on every day read since 26 Aug 2026 | $5,000 | Macquarie Term Deposit |
| 5yr | 2.00% | #31 of 31 | −2.00 | −3.50 | — | same on every day read since 26 Aug 2026 | $5,000 | Macquarie Term Deposit |
“Rank”, “vs median” and “vs best” compare Macquarie Bank with every bank that publishes the same term today. “This rate” is the first day our daily read showed the current rate — a rate that changed between two reads is dated to the first read that showed it.
What Macquarie Bank publishes about its products3 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Macquarie Term Deposit | monthly (at maturity), monthly, every two months (at maturity), quarterly (at maturity), every 4 months (at maturity), half-yearly (at maturity), quarterly, every 9 months (at maturity) | $5,000 | not stated | 11 | product page · terms · fees · eligibility |
| Macquarie Digital Term Deposit | quarterly (at maturity), half-yearly (at maturity), every 9 months (at maturity), yearly (at maturity) | $25,000 | not stated | 4 | product page · terms · fees · eligibility |
Macquarie Term Deposit: eligibility, conditions and features
- Eligibility
- residency: Application must be submitted in Australia. You must be a permanent resident of…; Term deposit must be funded by Direct Debit.; Available for Companies and Trusts.; minimum age: 18 — Minimum age requirement.; Must have an Australian mobile number.; Must have an email address.
- Conditions
- min balance 5000.00 — Minimum opening deposit must be equal to or above $5,000.
- Features
- digital banking — A connected, digital experience.; other — Lock in a fixed interest rate for a set term. Choose how often you receive interest payments for added flexibility.; other — 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.
- The bank’s description
- Lock in a fixed interest rate for a set term.
- Interest calculated
- daily
Macquarie Digital Term Deposit: eligibility, conditions and features
- Eligibility
- residency: Application must be submitted in Australia. You must be a permanent resident of…; minimum age: 18 — Minimum age requirement.; Must have an Australian mobile number.; Must have an email address.; Only available for individual or joint accounts.; Must have a Macquarie Transaction or Savings Account.
- Conditions
- min balance 25000.00 — Minimum opening deposit must be equal to or above $25,000.
- Features
- digital banking — A connected, digital experience.; other — Lock in a fixed interest rate for a set term.; other — View your term deposit details in app at anytime.
- The bank’s description
- Lock in a fixed interest rate for a set term.
- Interest calculated
- daily
Also published, not ranked here: Macquarie Business Banking Term Deposit business (product page).
Every line is the bank’s own statement in its feed, read that day — nothing is inferred. Early-withdrawal terms appear under conditions or features when a bank states them.
Rate historyevery sweep day since 26 Aug 2026 · 46 days · 11 terms
3mo 5.05% today
26 Aug 202610 Oct 2026
6mo 5.20% today
26 Aug 202610 Oct 2026
1yr 5.35% today
26 Aug 202610 Oct 2026
2yr 2.00% today
26 Aug 202610 Oct 2026
3yr 2.00% today
26 Aug 202610 Oct 2026
5yr 2.00% today
26 Aug 202610 Oct 2026
All 11 terms — the other 5
1mo 2.10% today
26 Aug 202610 Oct 2026
2mo 2.10% today
26 Aug 202610 Oct 2026
4mo 5.05% today
26 Aug 202610 Oct 2026
9mo 5.25% today
26 Aug 202610 Oct 2026
4yr 2.00% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Macquarie Bank published for that term on each day we read its feed. A break in the line is a day we read no rate for that term — the feed could not be read, or the bank did not publish that term that day — never a rate carried forward.
Where Macquarie Bank sitsagainst the 77 banks ranked today
1yr: 19 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
- Unity Bank 5.50%
- Alex Bank 5.50%
- Bank Australia 5.50%
- and 13 more on the leaderboard
6mo: 9 banks ahead
- Heartland Bank 5.45%
- RACQ Bank 5.45%
- Unity Bank 5.35%
- Dnister Bank 5.30%
- Bank Australia 5.30%
- Bank First 5.30%
- and 3 more on the leaderboard
Timeline8 rate changes since 26 Aug 2026 · ▲8 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 30 Sep 2026 | RBA | RBA cash rate 4.60% — up 0.25 pointsReserve Bank decision effective 2026-09-30: cash rate target 4.60%, a rise of 0.25 percentage points. | |
| 16 Sep 2026 | 6mo | 5.15 → 5.20 | ▲ +0.05 |
| 16 Sep 2026 | 9mo | 5.20 → 5.25 | ▲ +0.05 |
| 16 Sep 2026 | 1yr | 5.30 → 5.35 | ▲ +0.05 |
| 2 Sep 2026 | 1yr | 5.15 → 5.30 | ▲ +0.15 |
| 2 Sep 2026 | 6mo | 5.05 → 5.15 | ▲ +0.10 |
| 2 Sep 2026 | 9mo | 5.10 → 5.20 | ▲ +0.10 |
| 2 Sep 2026 | 3mo | 5.00 → 5.05 | ▲ +0.05 |
| 2 Sep 2026 | 4mo | 5.00 → 5.05 | ▲ +0.05 |
Questions about these rates
What is Macquarie Bank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Macquarie Bank publishes in its Consumer Data Right feed is 5.35% for 12 months (Macquarie Term Deposit). That is joint #24 of the 77 Australian banks ranked by best rate today.
What is Macquarie Bank’s 12-month term deposit rate?
5.35% as read on 10 Oct 2026, 0.10 points above the market median of 5.25%, and joint #20 of the 75 banks publishing a 12-month rate. The market-best 12-month rate today is 5.60%.
What is the minimum deposit at Macquarie Bank?
The lowest minimum Macquarie Bank states in its feed is $5,000 (Macquarie Term Deposit, 1-month). Check the product disclosure statement for balance tiers.
When did Macquarie Bank last change a term deposit rate?
The most recent change we read was on 16 Sep 2026: the 6-month rate moved from 5.15% to 5.20%. We have read 8 changes at Macquarie Bank since 26 Aug 2026.
Are deposits with Macquarie Bank guaranteed?
Macquarie Bank publishes its products under the Consumer Data Right as an Australian data holder. Under the Financial Claims Scheme, administered by APRA, protected Australian-dollar deposit accounts at an Australian-incorporated authorised deposit-taking institution (ADI) are covered up to $250,000 per account holder per ADI. Several brands can share one ADI licence, in which case the cap covers them together, so confirm which licence Macquarie Bank operates under before relying on the guarantee. Scheme facts checked against apra.gov.au (Financial Claims Scheme) on 15 Sep 2026 — the link is under “About Macquarie Bank” below; rates are as read on 10 Oct 2026.
About Macquarie Bank
- Registered as
- Macquarie Bank Limited
- Also known as
- Macquarie
- Type
- ASX-listed bank
- Part of
- Macquarie Group
- ASX code
- MQG
- Website
- www.macquarie.com.au
- Consumer Data Right feed
- https://api.macquariebank.io
- Deposit guarantee
- Financial Claims Scheme, up to $250,000 per account holder per ADI — scheme details and covered institutions at APRA (checked 15 Sep 2026)
The rates on this page are the retail term deposit rates Macquarie Bank publishes in its own Consumer Data Right product feed, read once a day. Business, SMSF and staff-only products are left out. A product the bank publishes as “tailored” (pricing may be negotiated) is included only when the bank also states it is open to individuals, and is marked as tailored. A day on which we read no rate is a gap on this page — never an estimate.
Facts about the institution reviewed 15 Sep 2026. Rates read 10 Oct 2026.
Savings accounts at Macquarie Bankhighinterestsavingsaccounts.org
A savings account keeps the money at call, but its rate can change at any time and its best rate usually has monthly conditions. A term deposit locks one rate for its term. Both figures come from the bank’s own feed.
Please note: the savings figures on this page are estimates only and may not reflect the return you actually receive. Actual returns vary with tax, fees, the interest payment frequency and any change the bank makes to a rate before you open the account. Rates are the bank’s own published Consumer Data Right figures and may differ for particular balance tiers or online-only products. Always read the product disclosure statement, confirm the rate with the bank, and consider your own circumstances. Nothing here is financial advice or a recommendation. This site is published by Nutshell Media Pty Ltd, which is not affiliated with any bank, credit union or building society.