7.70% Term Deposit with Maquarie Bank

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7.70% Term Deposit with Maquarie Bank
This entry was posted 380 days ago

Earn a guaranteed 7.70%pa return and sleep at night, regardless of market conditions. Your money will be safely locked away with Macquarie, the largest Australian-owned investment bank, rated A1/A by Standard & Poors.

You can put in as little as $10,000, or as much as you wish.

Promotional 12 month rate available until 18 December 2007
Offered by Macquarie Private Wealth’s Money Market Service

*Promotional interest rate paid on maturity on balances of at least $10,000 on terms of 12 months, valid until 18.12.07


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Keep in mind its a 12 month term deposit so you got to lock your money away for 12 months.

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Nice! 1 year fix is around 7.5% elsewhere. Looks like they are betting on Reserve Bank Australia increasing the interest rate next month and early next year.