Macquarie updates Macquarie Term Deposit (6 months) to 4.62%
Macquarie has increased the rate on its Macquarie Term Deposit (6 months) term deposit by 5 basis points to 4.62% p.a., from a previous rate of 4.57%.
Macquarie
Macquarie Term Deposit (6 months)
New Rate
4.62%
Illustrative Example
For illustrative purposes, a $50,000 term deposit at 4.62% p.a. would earn approximately $2,310 over 12 months. This change represents $25 more in interest per year.
Market Context
This rate of 4.62% is in line with the current market average of 4.62% across 31 tracked term deposit products. The current market leader offers 5.10%.
Notes
Macquarie Bank increased term deposit rate by 0.05% to 4.62%
⚠️ General information only
This comparison is for informational purposes only and does not constitute financial advice. Always verify current rates and eligibility directly with the provider before making decisions. Consider whether products are appropriate for your circumstances.