12 live products
Bank Australia
Best match at selected term
4.80%p.a.
Term Deposit 12 months
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$500
Finding the best rates…
Term Deposits Comparison
Bank One
Bank Australia
Best available
Up to 4.80% p.a.
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12 live products
VS
Bank Australia vs Macquarie
Compare Bank Australia and Macquarie term deposits in March 2026. Bank Australia offers rates up to 4.80% p.a. across 7 term lengths, while Macquarie reaches 4.90% p.a. across 11 terms.
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VS
1 live product
Macquarie
Best match at selected term
4.90%p.a.
Macquarie Term Deposit
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$5,000
Live edge
Macquarie currently pays 0.10% more at 12 months, worth about $10 extra on $10,000.
0.10% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank Australia | Macquarie |
|---|---|---|
| Rate at selected term | 4.80% | 4.90% |
| Best headline rate | 4.80% | 4.90% |
| Minimum deposit | $500 | $5,000 |
| Interest payment | maturity | maturity |
| Terms available | 1 | 33 |
All Bank Australia Products
Every tracked term deposits option from Bank Australia.
All Macquarie Products
Every tracked term deposits option from Macquarie.
Bank Australia's best term deposit rate is 4.80% p.a. across 1 variant, while Macquarie offers up to 4.90% p.a. across 33 variants. Macquarie pays 0.10% more, earning you an extra $50 on a $50,000 deposit over 12 months.
Bank Australia offers terms of 1 year, while Macquarie covers 1 month, 2 months, 3 months, 4 months, 6 months, 9 months, 1 year, 2 years, 3 years, 4 years, 5 years.
Quick Comparison
| Feature | Bank Australia | Macquarie |
|---|---|---|
| Best Rate | 4.80% | 4.90% |
| Min Deposit | $500 | $5,000 |
| Terms Available | 1 | 11 |
| Payment Options | maturity | maturity, half-yearly, quarterly, monthly, annually |
Common Questions
Bank Australia vs Macquarie FAQs
Which bank has the better term deposit rate, Bank Australia or Macquarie?
Macquarie currently offers the higher rate at 4.90% p.a. Compare specific terms and deposit amounts for the most accurate comparison.
What term deposit rates does Bank Australia offer in 2026?
Bank Australia's best term deposit rate is 4.80% p.a. They offer 1 different term length.
What term deposit rates does Macquarie offer in 2026?
Macquarie's best term deposit rate is 4.90% p.a. They offer 11 different term lengths.
How much more interest can I earn with Macquarie on a $50,000 term deposit?
At current rates, Macquarie pays approximately $50 more per year on a $50,000 deposit, based on their 0.10% rate advantage.