Last updated: July 2026
Commonwealth Bank vs Macquarie Bank Term Deposits
Side-by-side rate comparison across all available terms. Rates are pulled live from both banks daily — no hardcoded figures.
Commonwealth Bank wins
2
terms
Macquarie Bank wins
terms
Rate Comparison by Term
| Term | Commonwealth Bank | Macquarie Bank |
|---|---|---|
| 3mo |
3.35%
Annually
|
Quarterly
|
| 6mo |
4.50%
Semi-annually
|
Semi-annually
|
| 1yr |
4.75%
Annually
|
At maturity
|
| 18mo |
4.55%
Annually
|
Not offered |
| 2yr |
Annually
|
2.00%
At maturity
|
| 3yr |
Annually
|
2.00%
At maturity
|
| 5yr | Not offered |
2.00%
At maturity
|
Rates current as of 17 July 2026.
Biggest gap: 2yr. Commonwealth Bank leads by 3.00% (5.00% vs 2.00%). For terms of 2yr and beyond, Commonwealth Bank holds a consistent advantage.
Commonwealth Bank
Big4Best rate: p.a. (2yr, Annually)
6 terms available · Min. $50k
View all Commonwealth Bank rates →Macquarie Bank
NeoBest rate: p.a. (1yr, At maturity)
6 terms available · Min. $5k
View all Macquarie Bank rates →Get alerted when either lender changes their rates
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