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Macquarie Savings Account

  • 2024 Award Winner
  • Intro offer rate
  • App banking
  • Online banking
  • Linked account required

Maximum rate p.a.

5.35%

Base rate p.a.

4.75%

Macquarie Savings Account

  • 2024 Award Winner
  • Intro offer rate
  • App banking
  • Online banking
  • Linked account required

Maximum rate p.a.

5.35%

Base rate p.a.

4.75%

RateCity says

"Watch your savings grow with this competitive account offering no ongoing fees or minimum balance required. "

Pros and Cons

For Macquarie Savings Account

Benefits

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • Special intro rate
  • No ongoing account fees
  • No minimum balance
  • Winner of Best Standard Savings Account, RateCity Gold Awards 2024

Drawbacks

  • Intro rate limited to 4 months
  • Only available with linked transaction account

Macquarie Bank Rate Savings Account overview

For Macquarie Savings Account

Account Details

Maximum rate p.a.

5.35%

intro 4 months then 4.75%

Minimum age restrictions

14

Base rate p.a.

4.75%

Maximum age restrictions

Maximum rate condition

Not applicable

Minimum opening deposit

$0

Interest calculation method

Tiered

Target Market Determination

Visit Macquarie Bank Limited to view Target Market Determination.

Features

Joint application available

Is online only

Linked account required

Methods of Access

Internet facility

ATM access

Phone facility

Eftpos facility

Branch access

App

App only

Fees

Account keeping fees

$0

Eftpos fee

$0

ATM withdrawal fee

$0

Overseas eftpos fee

$0

Internet transaction fee

$0

Over the counter deposit fee

$0

Phone transaction fee

$0

Over the counter withdrawal fee

$0