Macquarie Bank Term Deposit
6.25%
-
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 -
Internet Banking 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: 4.80%, 2 month: 4.90%, 3 month: 5.60%, 4 month: 5.70%, 5 month: 5.70%, 6 month: 6.00%, 1 year: 6.10 %, 2 year: 6.25% (interest on maturity). 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
Key features
- 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***
Pros
- No establishment or account keeping fees
- Choose your own maturity date
Cons
- Minimum initial investment of $10000
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