Macquarie Bank Savings Account
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Savings Account is a savings account from Macquarie Bank. At $50,000 it pays 5.25% p.a. with no bonus conditions. The feed calls it "Macquarie Savings Account".
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $250,000stepped: paid on the part of the balance in this band | 5.25% |
| $250,000.01 – $2,000,000stepped: paid on the part of the balance in this band | 5.05% |
| $2,000,000.01+stepped: paid on the part of the balance in this band | 4.60% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
Conditions
- not updated by the bank since 2026-11-01, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- hold a Macquarie Transaction Account (opened first)
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
- notifications
- yes
- joint accounts
- yes
Other features, in the bank's words:
- You can open up to a total of 10 Transaction or Savings Accounts.
- No fees. With no fees, every dollar you deposit brings your savings goals closer.
- Pay anyone payments
- Internal transfer
- Direct credit
- Direct debit
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 12 and over
- open to
- personal customers
- linked account
- a linked or nominated transaction account is required
Who can open it, in the bank's own words:
- residency: Permanent Australian residential address required.
- Must have Australian mobile number
- Must have an email address
- Only available for individual or joint applications
About this account
A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking.
Data
- Macquarie Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 31 October 2026.
- We read the bank's own page and terms against this page on 1 November 2026: savings-account.html; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/macquarie-bank-limited.json: this bank's accounts and every balance band as JSON; Macquarie Bank's page lists them.- The bank last updated this record on 1 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Macquarie Bank
- Business Savings Accountstale savings account, 4.90% base at $50,000
- Cash Management Accelerator Accountstale cash management account, 4.90% base at $50,000
- Cash Management Accountstale cash management account, 3.00% base at $50,000
- Business Banking At Call Investment Accountstale savings account
- Business Banking Accountstale transaction account
- Transaction Accountstale transaction account, 3.00% base at $50,000
All of Macquarie Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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