Check with the provider to confirm what conditions may apply. If you hold, or have held, a savings account individually or jointly, the welcome rate won’t apply to any other savings account you open. For example, you don’t need to make a minimum monthly deposit to use the platinum benefits or make ATM withdrawals without Macquarie fees. If the second applicant is https://casinorangers.com/ already a Macquarie customer, they’ll receive a push notification in mobile or online banking and an email to approve or deny the application.
- Before acting on any advice, consider whether it is appropriate for your circumstances and view the Product Disclosure Statement or Terms and Conditions available online or by contacting us.
- Other financial institutions, such as the banks of international merchants and international ATM operators, may charge you fees for these transactions.
- An ANZ Advance Notice Term Deposit has a 31 day notice period.
- If you’re looking for a way to grow your savings over a set period, a term deposit could be just the answer.
- A NAB Term Deposit helps you reach your savings goals by offering a higher interest rate and a range of fixed terms to choose from.
Simple Saver Account
Choosing the right interest payment frequency is important. First, enter the amount you wish to invest, keeping in mind there is a minimum investment of $5,000 required. NAB acknowledges the Traditional Owners of the land as Australia’s First Peoples and recognises their continuing connection to lands, water and country. Enjoy a competitive interest rate and the ability to choose a term that suits your needs.
Target Market Determinations for these products are available at nab.com.au/TMD. Yes, the online bonus will be added to our advertised special offer rates when you apply or renew online. The interest rate in place when you open the account is fixed for the whole term unless you withdraw funds early.
Everyday Account
When the term is over you can withdraw your money, or invest some or all of it for another term. We’ve got helpful tips for managing your money at every age and stage. Learn how to identify a scam or a fraud, how to protect yourself online and what to do if you think you’ve been targeted. At MyState Bank, you can be confident your money is protected with the Australian Government’s deposit guarantee.
While waiting for the physical card to arrive, you can use your Digital Card in the Westpac App. You can add it to your Apple Pay, Google Pay™, or Samsung Pay™ digital wallets. Another common feature to a high interest savings account is the opportunity to earn compound interest. Compound interest allows you to earn interest on the interest you’ve already earned and is calculated as a percentage of the total balance in your savings account. If you already hold a Macquarie Transaction Account, you will not need to open another transaction account to open a Macquarie Savings Account.
Our Top Term Deposit Rates
These accounts have the highest base rates and exclude accounts with bonus conditions to earn the total rate and accounts with an introductory promotional rate. An On Demand interest rate applies during the 6-business day Variation Period following the maturity of a Term Deposit, if no instructions for renewal or account closure have been received. While interest is often calculated daily for savings accounts, most financial institutions will pay interest monthly. This will generally either coincide with the final day of the calendar month or the first day of a new month. Yes, the interest rate you’re offered when opening a savings account may change over time.
