The Mac Freedom Years
transaction accountage limitedstale
Freedom Years is a transaction account from The Mac. At $50,000 it pays 1.44% p.a. with no bonus conditions.
Not ranked: a transaction (everyday) account, not a savings account.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $4,999stepped: paid on the part of the balance in this band | 0.02% |
| $4,999.01 – $50,000stepped: paid on the part of the balance in this band | 1.60% |
| $50,000.01+stepped: paid on the part of the balance in this band | 2.20% |
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 2026-11-02, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
Features
- card
- yes
- app
- yes
- Osko
- yes
- PayID
- yes
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 65 and over
- open to
- personal customers
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
Who can open it, in the bank's own words:
- age 65 and over
About this account
FREEDOM YEARS
Data
- The Mac'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 5 November 2026.
/au/finance/savings-accounts/v1/brands/the-mac.json: this bank's accounts and every balance band as JSON; The Mac's page lists them.- The bank last updated this record on 2 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 The Mac
- Christmas Saverstale savings account, 2.00% base at $50,000
- eSaverstale savings account, 2.00% base at $50,000
- Mini Mac Bonus Saverstale savings account
- Savings 2stale savings account, 0.00% base at $50,000
- Savings 3stale savings account, 0.00% base at $50,000
- Savings 4stale savings account, 0.00% base at $50,000
- Savings 5stale savings account, 0.00% base at $50,000
- Savings 6stale savings account, 0.00% base at $50,000
- Savings 7stale savings account, 0.00% base at $50,000
- Savings 8stale savings account, 0.00% base at $50,000
- Savings 1stale transaction account, 0.00% base at $50,000
- Youth Saver Accountstale transaction account
All of The Mac's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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