MACQUARIE BANK TERM DEPOSIT
Macquarie Bank Term Deposit (Term Deposit)
        
The minimum investment for the Macquarie Bank Term Deposit is $10,000. They charge competitive interest rates on a range of investment terms up to 24 months. There are no ongoing management fees and no establishment or monthly account keeping fee. Simply apply online in ten minutes.
Location: Australia
Account Name: Macquarie Bank Term Deposit
Advantages:
1. No establishment or account keeping fees
2. Flexibility – You can select your own maturity date, have your interest reinvested or deposited into your bank account, and for terms of 12 months or more opt for quarterly interest repayments
3. Apply online in 10 minutes or take advantage of their service guarantee, meaning you will speak to a real person every time during business hours
4. Online access to view your account balance and recent transactions
5. Access to Macquarie’s innovative solutions and investment insight
6. For investments of $10,000 to $1 million
Disadvantages:
1. There is a minimum fee of $100 to withdraw your funds before designated maturity date
Services:
No ongoing fees: no establishment, monthly account keeping or management fees

Interest AER: 4.80% - 6.25%Interest Gross: 4.80% - 6.25%
Interest Paid: MaturityMinimum Income: $0.00
Overdraft Rate: N/A
Banking Charges: N/A
Service Charges: $0.00
Account Access: Online
Withdrawal Access: Minimum a fee of $100

Free Banking: YesDebit Card: No
Cheque Guarantee Card: NoStanding Orders: No
Direct Debits: NoOverdraft Facility: No
Account Manager: No

Conditions:
Minimum investment $10,000
Features:
Flexibility: have your interest reinvested or deposited into your bank account
Introductions and Offers:
N/A
Terms and Conditions:
See website for details
        

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