The Mac term deposit rates
5 terms published on 10 Oct 2026, best 5.00% for 12 months, from The Mac’s own Consumer Data Right feed.
The Mac at a glance
Today’s rates5 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 3mo | 3.50% | joint #53 of 68 | −1.05 | −1.75 | — | same on every day read since 10 Sep 2026 | $5,000 | TERM SAVINGS I4 |
| 6mo | 4.80% | joint #49 of 73 | −0.20 | −0.65 | — | same on every day read since 10 Sep 2026 | $5,000 | TERM SAVINGS I4 |
| 9mo | 4.80% | joint #29 of 60 | median | −0.60 | — | same on every day read since 10 Sep 2026 | $5,000 | TERM SAVINGS I4 |
| 1yr | 5.00% | joint #59 of 75 | −0.25 | −0.60 | — | same on every day read since 10 Sep 2026 | $500 | MINI MAC TERM DEPOSIT |
| 2yr | 3.70% | #55 of 67 | −1.00 | −1.85 | — | same on every day read since 10 Sep 2026 | $5,000 | TERM SAVINGS I4 |
“Rank”, “vs median” and “vs best” compare The Mac 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 The Mac publishes about its products3 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| TERM SAVINGS I4 | at maturity, yearly | $2,000 | $1,000,000 | 10 | product page · terms · fees · eligibility |
| YOUTH SAVER TERM DEP. | at maturity | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| MINI MAC TERM DEPOSIT | at maturity | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
TERM SAVINGS I4: eligibility, conditions and features
- Conditions
- min balance 2000.00
- The bank’s description
- TERM SAVINGS I4
- Interest calculated
- daily
YOUTH SAVER TERM DEP.: eligibility, conditions and features
- Eligibility
- maximum age: 18; individuals
- Conditions
- min balance 500.00
- The bank’s description
- YOUTH SAVER TERM DEP.
- Interest calculated
- daily
MINI MAC TERM DEPOSIT: eligibility, conditions and features
- Eligibility
- maximum age: 18; individuals
- Conditions
- min balance 500.00
- The bank’s description
- MINI MAC TERM DEPOSIT
- Interest calculated
- daily
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 · 5 terms
3mo 3.50% today
26 Aug 202610 Oct 2026
6mo 4.80% today
26 Aug 202610 Oct 2026
9mo 4.80% today
26 Aug 202610 Oct 2026
1yr 5.00% today
26 Aug 202610 Oct 2026
2yr 3.70% today
26 Aug 202610 Oct 2026
Each line is the best retail rate The Mac 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 The Mac sitsagainst the 77 banks ranked today
1yr: 58 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 52 more on the leaderboard
6mo: 48 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 42 more on the leaderboard
Customer-owned banks52 banks · top 10 by best rate
| Bank | Best | Term | 6 m | 12 m | Market rank |
|---|---|---|---|---|---|
 Community First Bank | 5.60% | 1yr | 5.10% | 5.60% | #1 |
 Dnister Bank | 5.55% | 1yr | 5.30% | 5.55% | #2 |
| Unity Bank | 5.55% | 2yr | 5.35% | 5.50% | #2 |
 Bank Australia | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Bank First | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Qudos Bank | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Great Southern Bank | 5.45% | 1yr | 4.55% | 5.45% | #11 |
 People First Bank | 5.45% | 7mo | 5.00% | 5.20% | #11 |
 Police Credit Union | 5.45% | 11mo | 5.00% | 5.25% | #11 |
 QBANK | 5.45% | 1yr | 5.30% | 5.45% | #11 |
| The Mac | 5.00% | 1yr | 4.80% | 5.00% | #65 |
Timeline0 rate changes since 10 Sep 2026 · ▲0 ▼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. | |
Questions about these rates
What is The Mac’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate The Mac publishes in its Consumer Data Right feed is 5.00% for 12 months (MINI MAC TERM DEPOSIT). That is joint #65 of the 77 Australian banks ranked by best rate today.
What is The Mac’s 12-month term deposit rate?
5.00% as read on 10 Oct 2026, 0.25 points below the market median of 5.25%, and joint #59 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 The Mac?
The lowest minimum The Mac states in its feed is $500 (MINI MAC TERM DEPOSIT, 12-month). Check the product disclosure statement for balance tiers.
When did The Mac last change a term deposit rate?
We have not read a change to any of The Mac’s published retail term deposit rates since we first read its feed on 10 Sep 2026. Days on which we read no rate are not counted as unchanged.
Are deposits with The Mac guaranteed?
The Mac 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 The Mac 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 The Mac” below; rates are as read on 10 Oct 2026.
About The Mac
- Also known as
- Macarthur Credit Union
- Type
- Customer-owned bank (mutual)
- Website
- themaccu.com.au
- Consumer Data Right feed
- https://onlinebanking.themaccu.com.au/OpenBanking
- 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 The Mac 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 accountshighinterestsavingsaccounts.org
The Mac has no savings account on today’s board at highinterestsavingsaccounts.org, our sister site for at-call savings rates.
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.