Macquarie Bank Term Deposit

 Product Features

• Digital Banking Additional Information: A connected, digital experience. You can apply online, and link your term deposit directly to your existing Macquarie Cash Management Account (CMA), giving you more flexibility to manage your investments and control your cashflow.

• Other Additional Information: Award Winning SMSF solution. By linking our award-winning term deposit and cash solutions, you can simplify your self-managed super fund (SMSF) accounting, tax returns and end-of-year financial reporting.

• Other Additional Information: A secure investment. Lock in an interest rate for a term that suits your needs.

• Other Additional Information: Flexible interest payments and investment terms. You can choose how often you receive interest payments and a range of investment terms to suit your needs and overall investment strategies.

• Other Additional Information: Deposit via direct debit.

• Other Additional Information: Your deposit will be renewed for the same term upon maturity unless you notify us by the applicable lodgement time that you would like to make changes or close your Account.

• Other Additional Information: Funds may be withdrawn on maturity and will be electronically credited to your Nominated Bank Account. Other than on Maturity, you may not withdraw your funds during the term unless you close your Account. You must usually give us 31 days notice to close your Account during a term.

• Other Additional Information: Once you have opened your Term Deposit, the selections that you have made are fixed to maturity. You may not withdraw or add to your funds during the term unless you close your Account and apply for a new term deposit. If you close your Account prior to maturity we will apply an interest adjustment. Unless required by law you must give us 31 days notice to close your Account during the term.

• Relationship Management Additional Information: You can appoint another person, financial services professional or company to have access to and operate your account.

 Product Eligibility

• Residency Status - Application Must Be Submitted In Australia..

• Other Additional Information: Term deposit must be funded by Direct Debit.

 Bank Fees and Charges

• Early Break Fee (Exit), Amount: Not Listed.. Additional Information: 25% of interest earned. At least 31 days' notice required to close your account and access funds prior to the maturity date, except in cases of hardship.

• Establishment Fee (Upfront), Amount: 0.00. Additional Information: No establishment fee.

• Account Keeping Fee (Periodic), Amount: 0.00. Additional Information: No account keeping fees.

 Limitations & Restrictions (Constraints)

• Min Balance of 5000.00

 Document Downloads