Macquarie Bank Term Deposit

Moneybuddy says

Quite good term deposit from Macquarie Bank with fairly standard rates but no fees and a good 24 month investment option (many term deposits only offer 12 months maximum).

The Basics

Interest paid Quarterly

Interest calculated Daily

Headline interest rate 6.25%

Monthly fee -

Account type Term deposit

The cool stuff: features

ATM access -

EFTPOS access -

Branch access -

Online access Yes

Age restrictions -

Cheque book facility -

Debit card -

BPAY -

GiroPost -

Phone access Yes

The Facts & Figures

Balance less than $1k -

Balance less than $5k -

Balance less than $25k -

Balance greater than $100k -

Min. balance -

Min. opening deposit -

Number of free elect transactions per month -

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee -

Branch assistance fee -

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

Macquarie Bank says

Macquarie Bank Term Deposit. A fixed rate for a fixed term. Investments between $10,000 to $1 million. 1 month: 4.10%, 2 month: 4.20%, 3 month: 5.50%, 4 month: 5.75%, 6 month: 6.00%, 1 year: 6.00 %, 2 year: 6.10% (interest on maturity), 2 year: 6.00% (interest paid annually). Fixed rates for the cash you don't need now.

Competitive interest rates: No establishment or account keeping fees; set your own maturity date; covered by the Government Guarantee; minimum investment $10,000; option to select quarterly interest payment***. T&C's apply