The Mac term deposits
The Mac has one term deposit that BankMate tracks, with five terms from 3 months to 2 years, interest paid at maturity or annually.
Term deposit · 5 terms
TERM SAVINGS I4
5.20%p.a. · 1 year
interest at maturity or annually; from $2,000
121st of 401 12-month deposits
Rates by term and how interest is paid
- At maturity3.50%
- Annually–
- Terms
- 3 months to 2 years
- Minimum deposit
- $2,000
- Maximum deposit
- $1,000,000
- To break it early
- 7 days' notice
- 3 months
- 3.50% · #104 of 164 3-month deposits
- 6 months
- 4.90% · #91 of 180 6-month deposits
- 9 months
- 5.00% · #51 of 149 9-month deposits
- 1 year
- 5.20% · #121 of 401 12-month deposits
- 2 years
- 3.70% · #209 of 255 24-month deposits
- Minimum deposit
- $2,000
- Maximum deposit
- $1,000,000
- Paid
- At maturity or Annually
- Compounding
- daily
- Notice
- 7 days' notice
- Before maturity
- Withdrawable at maturity. … We will allow early withdrawal of the full deposit with 7 days notice. In the event of early withdrawal, we will also reduce the agreed interest rate by 2% or the full interest rate, whichever is the lesser amount.
- Read from
- The Mac's own site, 28 October 2026
October 20261 change
- 20Tue
- 3 terms up 0.10 to 0.2020 days after the RBA rise to 4.60%+0.10 to +0.20
6-month, paid at maturity 4.80 4.90 +0.10 9-month, paid at maturity 4.80 5.00 +0.20 12-month, paid at maturity 5.00 5.20 +0.20
September 20261 change
- 1Tue
- 2 terms up 0.20 to 0.30+0.20 to +0.30
6-month, paid at maturity 4.50 4.80 +0.30 9-month, paid at maturity 4.60 4.80 +0.20
June 20261 change
- 23Tue
- 12-month, paid at maturity: 4.90 → 5.00+0.10
Notes on The Mac term deposits
to leave a note.
As of 2 November 2026, The Mac has one term deposit product tracked by BankMate, over five terms from 3 months to 2 years. Its highest rate is 5.20% p.a. on the TERM SAVINGS I4 for 1 year, 121st of 401 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 20 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.