Minimum Opening Balance: $5,000

Calculation and payment of interest: Interest is calculated at a fixed rate for the term of your deposit. You can choose to receive your interest monthly, quarterly half-yearly, annually or at maturity. If you choose to receive your interest less frequently than on an annual basis you may receive a lower rate. Visit macquarie.com.au/termdeposits to see the applicable interest rate. Interest may be electronically credited to your Nominated Bank Account or reinvested into your Term Deposit.

Options at maturity: 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. Your deposit may be automatically re-invested at a lower rate than its previous rate. We encourage you to visit our website at the above address when your deposit matures to view the rates that may be available to you.

Term: You can choose a term between 1 month and 5 years. Once you have opened your Term Deposit, the amount, term, interest rate and interest payment options are fixed until maturity.

Currency: Australian dollars only.

Fees: No establishment or account keeping fees.

SMSF Solution: Simplify your SMSF accounting, tax returns and end-of-year financial reporting.

Making changes to your deposit before maturity: 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 may, acting reasonably, apply an interest adjustment. Unless required by law you must give us 31 days notice to close your Account during the term.

Government Guarantee: The Macquarie Bank Term Deposit is a retail deposit with Macquarie and is eligible for coverage under the Australian Government’s Financial Claims Scheme (Government Guarantee).

Management through your Financial Service Professional: Liquidity can securely access and manage your term deposit and update your maturity instructions.

Interest: Funds are deposited at a fixed interest rate for an agreed term.

Access to your Term Deposit Account: Securely view your account and manage your term deposit in the Macquarie Mobile Banking app and Macquarie Online.

Deposits: Direct Debit

Withdrawals: Funds may be withdrawn on maturity and will be electronically credited to your Nominated Bank Account.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.

Interest: If interest rates rise after the date you lock in your Term Deposit, you will earn a lower rate of interest on your deposit than you might otherwise have received.

Withdrawing funds prior to the maturity date: If you withdraw your funds prior to the maturity date of the Term Deposit, an interest adjustment may apply.

Liquidity Risk: Except in limited hardship related circumstances, you must provide 31 days’ notice before you may withdraw from, terminate or break a term deposit before the agreed maturity date. You should therefore enter into a term deposit expecting that you will not be able to immediately access your money before the maturity date.

Authorities on your Account: You can appoint another person or company to have access to and operate your Account by completing the Third Party Authority form available online. Please consider carefully who you appoint as a third party authority on your Account as we may follow their instructions as if they were yours. You will be liable for their transaction requests, including if they result in financial loss. It’s important that you understand this risk and what level of access you give to them.

Email and Mobile: It is important to keep your contact details such as your mobile and email address up to date with us. We rely on these to provide you with Confirmations, Secure Codes and other authentication processes to verify your identity and provide you with more secure banking services. We will also use your contact details to send notices and information about your account.

Sharing your data with third parties: We may provide access to or share an electronic copy of your data (account details, balance, transaction history and personal information) with other parties at your or your Financial Services Professional’s request. This includes people who work with or for your Financial Services Professional such as accountants, consultants, technology platform owner/operators and others, some of whom may not be in Australia. Please refer to the how do I start section for more information and speak with your Financial Services Professional if you have questions about how your data may be used, disclosed and/or protected.

The Liquidity Macquarie Adviser functionality enables us to efficiently facilitate the application process for Term Deposits for those holding full Liquidity accounts. Moreover, it allows for the seamless integration of your new Macquarie Term Deposit account with your existing Macquarie Cash Management Account, ensuring a cohesive financial management experience.

Before you start your application, you’ll need to:

• be an Australian resident
• be at least 18 years old
• have a minimum investment of $5,000
• have a driver’s licence or passport
• provide the account details for us to direct debit to fund your Term Deposit (this must be in the same name as your Term Deposit)
• provide your current email and mobile number.

You can elect the amount you wish to invest, the frequency of your interest payments and bank account from which your funds will be debited and returned upon maturity of your Term Deposit account within your application.

Your nominated account must be in the same name as your Term Deposit, be able to accept direct debits and credits, contain sufficient funds for the amount of your investment and cannot be a Macquarie Accelerator or third-party account.