Macquarie Savings Account

To open a Macquarie Savings Account, you’ll need to link it to a Macquarie Transaction Account. When prompted to 'Open a savings account today' in the transaction account application, select 'Yes'.

Savings account

2.65%pa

Welcome variable rate for 4 months
and a great ongoing rate thereafter.

We bank with Macquarie

On your first account up to $250k. Offer ends 31 May 2020.

Macquarie Savings Account

A high-interest online savings account with
no fees and award-winning digital banking.

2.65% pa

Welcome variable rate

Earn a welcome variable rate for the first four months from account opening, on deposits up to $250,000 in your first savings account.


1.35% pa

Variable rate up to $1m

After four months, earn a great ongoing variable interest rate, currently 1.35% pa on balances up to $1m and 1.05% pa on balances above $1m. If it’s not your first savings account, you will receive the above rates from the outset.

$0

No fees

With no fees, every dollar you deposit brings your savings goals closer.


Set up your saving buckets

After opening your first Macquarie Transaction Account, you can open as many savings accounts as you’d like for your different saving buckets instantly in the Macquarie Mobile Banking app.

Easy withdrawals

Using our mobile and online banking, you can deposit your salary and transfer cash from your Macquarie Savings Account to any Australian bank account, make BPAY® payments, and set up direct debits and scheduled payments.

Safe and secure

Receive real time notifications when direct debits are taken out of your savings account.

Macquarie Authenticator adds an extra layer of security to your banking.

Macquarie Transaction Account

Our award-winning transaction account
makes everyday banking simple


Payments made easy

Tap and go with Apple Pay, Google Pay, Fitbit Pay and Garmin Pay.

$0

Say goodbye to ATM charges

Free access to any rediATM and enjoy a refund on fees incurred at all other ATMs in Australia.

$0

Monthly account fees

No minimum deposit required.

Award-winning app

A digital banking experience built to bank the way you do.

$0

International online purchase fees

We won’t charge you international purchase fees when you shop online with international retailers with your Macquarie Debit Mastercard®.

Cutting-edge digital tools

Create monthly budgets, receive real-time spend notifications, upload receipts and search past transactions in your own words.

Open an account in minutes

To open a Macquarie Savings Account, you’ll need to link it to a Macquarie Transaction Account.
When prompted to 'Open a savings account today' in the transaction account application, select 'Yes'.

Award-winning digital banking

With an award-winning app, leading internet banking and an exceptional everyday account – Macquarie is an easy choice.

Money Magazine Award 2020

This information has been prepared by Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502 (MBL) and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you.

Information and interest rates are current as at 23 March 2020 and subject to change.

Before making any decision about this product, you should read the:

We don’t charge fees for overseas ATM withdrawals or card purchases or transactions made or processed outside Australia but others, such as the banks of international merchants and international ATM operators, might.

Government Guarantee: The Australian Government guarantees aggregated deposits with Australian authorised deposit-taking institutions, including Macquarie Bank, of up to $A250,000.
In September 2011 the Australian Government announced a number of changes to the Financial Claims Scheme (Government Guarantee). From 1 February 2012, a guarantee cap of $250,000 per account holder per institution will apply, subject to the continued advice of financial regulators that this remains appropriate. Further information about the Government Guarantee can be obtained from the APRA website at www.fcs.gov.au

Apple, the Apple logo & iPhone are trademarks of Apple Inc, registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android, Google Pay, and the Google Logo are trademarks of Google LLC.

BPAY is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.

Fitbit, Fitbit Pay and the Fitbit Pay logo are trademarks or registered trademarks of Fitbit, Inc. in the U.S. and other countries.

Garmin, Garmin Pay and the Garmin Pay logo are all trademarks of Garmin Ltd. or its subsidiaries, registered in the USA and other countries.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Except for Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502 (MBL), any Macquarie entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

Our Location : 1 Shelley Street, Sydney, NSW, AU, 2000