Macquarie Bank

Cash Management Account

Macquarie Bank is a merchant bank operating under the Macquarie Group Limited. It provides financial services and products to investors, businesses and governments within the Asia-Pacific, Europe, Africa, America and the Middle East. Macquarie was first established in Australia in 1969 and now, almost 40 years later, the bank continues to report record profits. Their growth is persistent and the institution now employs over 13,000 staff throughout 25 countries. Macquarie Bank is the largest majority Australian-owned investment bank. It is listed on the Australian Stock Exchange (ASX) and its head office is located in Sydney.
Company Macquarie Bank
Maximum Interest Earned $5.83 per month
Total Interest Earned $362.03
Advertised Rate 1.40%
Maximum Rate 1.40% No end date
Bonus Conditions N/A
Indicative Age Restrictions >18 yrs
Account Keeping Fee $0
Minimum Opening Deposit $5,000
Cheque Deposit Fee $0
Reporting Options Flexible
Star Rating Online Saver
Star Rating Bonus Saver
Star Rating Junior Saver Not Rated

Product Features

Does this account allow transactions via an ATM?
Does this account allow transactions via an EFTPOS facility?
Whether this account offers a facility to pay bills using Bpay?
If this account allows transactions online
Whether this account offers access to telephone banking
Whether a cheque book is offered with this account
If this account allows you to process transactions at a branch
If this account allows you to directly deposit your salary

Maximum rate includes base rate plus bonuses, if applicable. Interest Earned is indicative only, and based on the the maximum interest rate for this product over a one month period. Conditions may apply in both instances.

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