A secure investment with easy application and management for your clients.
for 3 months Why Macquarie?
Be confident that your clients’ money is invested securely and with a competitive fixed interest rate.
Your clients can hold a term deposit as part of their wrap portfolio or link one directly to their Macquarie Cash Management Account (CMA), giving you more flexibility to manage their investments.
Your clients can choose how often they’d like to receive interest payments and we offer a range of terms to suit their needs and overall investment strategies.
With the ease of an online application with electronic verification, you can begin the application process on behalf of your client and track its progress.
Once set up, you can securely access and manage your client’s term deposit, and update their maturity instructions to reinvest or withdraw funds.
By linking our award-winning term deposit and cash solutions, you can simplify your clients' self-managed super fund (SMSF) accounting, tax returns and end-of-year financial reporting.
Cash flow management is an essential building block for a strong financial foundation. Help your clients understand why cash flow management is increasingly important for growing their wealth and reaching lifestyle goals.
Rates and informationAs we move to more digital ways of working, we’re no longer accepting paper applications for Term Deposits.
These rates apply to financial advisers only. If you are a Macquarie Business Banking client please contact your relationship manager for applicable term deposit rates.
| Term | Rate (Interest at maturity) |
|---|---|
| 3 months | 4.95% p.a. |
| 6 months | 4.90% p.a. |
| 9 months | 4.70% p.a. |
| 1 year | 4.70% p.a. |
Term Deposit funds are locked in until maturity. Learn about withdrawing funds prior to maturity.
If you’re opening multiple term deposit accounts with the same investment term (for example you open multiple accounts over 7 days), we may, acting reasonably, choose to apply the relevant rate across the total value of the term deposits.
As we move to more digital ways of working, we’re no longer accepting paper applications for Term Deposits.
These rates apply to financial advisers only. If you are a Macquarie Business Banking client please contact your relationship manager for applicable term deposit rates.
| Term | Interest paid at maturity | Interest paid monthly | Interest paid quarterly | Interest paid half yearly | Interest paid annually |
|---|---|---|---|---|---|
| 1 month | 0.05% p.a. | ||||
| 2 months | 0.85% p.a. | 0.85% p.a. | |||
| 3 months | 4.95% p.a. | 4.93% p.a. | |||
| 4 months | 4.90% p.a. | 4.87% p.a. | |||
| 6 months | 4.90% p.a. | 4.85% p.a. | 4.87% p.a. | ||
| 9 months | 4.70% p.a. | 4.63% p.a. | 4.65% p.a. | ||
| 1 year | 4.70% p.a. | 4.60% p.a. | 4.62% p.a. | 4.65% p.a. | |
| 2 years | 3.83% p.a. | 3.84% p.a. | 3.86% p.a. | 3.90% p.a. | |
| 3 years | 3.74% p.a. | 3.75% p.a. | 3.76% p.a. | 3.80% p.a. | |
| 4 years | 3.74% p.a. | 3.75% p.a. | 3.76% p.a. | 3.80% p.a. | |
| 5 years | 3.74% p.a. | 3.75% p.a. | 3.76% p.a. | 3.80% p.a. |
These rates apply to Macquarie Personal Banking clients only. If you’re a Macquarie Business Banking client please contact your Relationship Manager for applicable Term Deposit rates.
Term Deposit funds are locked in until maturity. Learn about withdrawing funds prior to maturity.
If you’re opening multiple term deposit accounts with the same investment term (for example you open multiple accounts over 7 days), we may, acting reasonably, choose to apply the relevant rate across the total value of the term deposits.
| Term | Interest paid at maturity | Interest paid monthly | Interest paid quarterly | Interest paid half yearly | Interest paid annually |
|---|---|---|---|---|---|
| 1 month | 0.00% p.a. | ||||
| 2 months | 0.75% p.a. | 0.75% p.a. | |||
| 3 months | 4.70% p.a. | 4.68% p.a. | |||
| 4 months | 4.60% p.a. | 4.57% p.a. | |||
| 6 months | 4.65% p.a. | 4.61% p.a. | 4.62% p.a. | ||
| 9 months | 4.40% p.a. | 4.34% p.a. | 4.35% p.a. | ||
| 1 year | 4.40% p.a. | 4.31% p.a. | 4.33% p.a. | 4.35% p.a. | |
| 2 years | 3.54% p.a. | 3.55% p.a. | 3.57% p.a. | 3.60% p.a. | |
| 3 years | 3.45% p.a. | 3.45% p.a. | 3.47% p.a. | 3.50% p.a. | |
| 4 years | 3.45% p.a. | 3.45% p.a. | 3.47% p.a. | 3.50% p.a. | |
| 5 years | 3.45% p.a. | 3.45% p.a. | 3.47% p.a. | 3.50% p.a. |
These rates apply to Macquarie Personal Banking clients only. If you’re a Macquarie Business Banking client please contact your Relationship Manager for applicable Term Deposit rates.
Term Deposit funds are locked in until maturity. Learn about withdrawing funds prior to maturity.
| Document | Link |
| Term deposit product information statement | Download PDF |
| Term deposit Application Guide | Download PDF |
As we move to more digital ways of working, we’re no longer accepting paper applications for Term Deposits. Our electronic verification makes it faster and easier than ever to apply online.
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After you're registered, use the login below to open a term deposit online.
Your client can hold either a Wrap or standalone Term Deposit (TD).
You can update the maturity instructions for TDs held within a Wrap account until 9pm (Sydney time) one business day before the maturity date.
To amend the maturity details for your client's Wrap TD:
Please note: For rollovers, the elected maturity instructions will continue to apply unless modified online (by 9pm Sydney time one business day before the maturity date).
Standalone TDs
You can update the maturity instructions for standalone TDs until 2:30pm (Sydney time) the day of maturity.
To update the maturity elections for standalone Term Deposits:
Standalone TD correspondence
A reminder letter is sent to both clients and advisers 2 weeks before a standalone TD matures. This allows time for your client to consider and change their maturity instructions.
As an adviser, you’ll also receive an email alert each Friday. This email lists all TDs that are maturing the following week. If your client chooses to rollover their term deposit, they’ll receive a confirmation letter.
Standalone TD grace period
There’s a 5-day grace period after a standalone TD matures. In this period, you or the client may change the maturity instructions. Once the instructions have been changed, they can’t be changed again during this term.
What term deposits are available on the Consolidator II – Engage menu?There are no changes to the term deposit options as part of the launch of Evolution and the Consolidator II and Manager II products. There are no differences between the term deposit options offered between the Consolidator II – Engage and the Consolidator II – Elevate Investment Menus.
Term deposits are available from:
Your clients will be able to view their statements online once issued. This depends on the statement cycles which differs based on the product.
Cash Management Accounts
By default, your clients will receive their cash statements in half-yearly cycles. They can change this though if they want statements more frequently. The options for statement deliveries are:
Statements are available online the day after the last day in the statement cycle. This includes weekends. Statements are also available online for up to ten years. Your client can elect to receive hard copies of their statements via the post. Please note that fees may apply for hard copy statements.
For information about how clients can change their statement frequency see this article.
Cash Management Accelerator Accounts
Your clients will receive their Accelerator statements in half-yearly cycles by default. They can change this if they want to receive statements quarterly or monthly instead.
Term Deposits
Your clients will receive their half yearly term deposit statements by mail. These are sent out every 6 months at the end of June and December.
IDPS Accounts
Your clients can access their annual and quarterly statements for their Wrap Investment accounts online.
Quarterly statements are available online by the end of the month following the financial quarter. That is the end of January, April, and October each year. Annual statements are available before the end of July.
Superannuation and Pension Accounts
Your clients can access their half yearly report and annual statement for their super and pension accounts online.
As an adviser you can view and download your client’s statements through Adviser Online. However, you won’t be able to change their statement preferences.
What are my deposits being used for?At Macquarie, we empower people to innovate and invest for a better future.
We take our obligations as a responsible lender and a signatory to the Banking Code of Practice seriously, and we’re proud to reward our savers and borrowers with award-winning products including great rates, choice and an exceptional experience.
Deposits held by Macquarie Bank support our lending to Australian households and businesses, including home loans, vehicle loans and loans to support local small to medium sized businesses.
Macquarie’s environmental, social and governance (ESG) commitment reflects our responsibility to our clients, shareholders and the communities in which we operate.
