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Macquarie Bank

The Macquarie Savings Account is only available with a Macquarie Transaction Account. It has no monthly account-keeping fees and offers bonus interest for the first four months. Accounts with a balance of at least $25,000 earn a higher interest rate than those under $25,000. Macquarie Bank also offers term deposits, credit cards, home loans, car loans and investment services. Macquarie began life in Sydney in 1969, as Hill Samuel Australia. It obtained a banking licence in 1985 and listed on the stock exchange in 1996. It now operates in 27 countries.

Macquarie Bank savings account repayment calculator

Thinking about taking out a savings account with Macquarie Bank? Use our savings account calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Macquarie Bank savings account compare with various products.

Investing your money into a savings account is an effective strategy. This calculator is designed to help you achieve your savings goal faster. See how fast your savings can grow with regular deposits.

Initial deposit

Monthly deposit

Period

months

Your monthly interest earned

$13

Interest rate

2.65%

Total interest earned

$281

Total amount

$17,281

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Maximum rate
Base rate
Maximum monthly interest
Total interest earned
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