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Keep your rate, no matter how much you withdraw
Sample Right Description (Quote)
2.65% p.a. Welcome variable rate
Earn a welcome variable rate for the first four months on deposits up to $250,000 on your first savings account. After four months, our competitive standard stepped variable rates apply based on your balance.
Safe and secure
Receive real time notifications when direct debits are taken out of your savings account. Macquarie Authenticator adds an extra layer of security to your banking.
No monthly fees
With no monthly fees, every dollar you deposit brings your savings goals closer.
Multiple accounts for multiple goals
After opening your first Macquarie Transaction Account, you can open as many savings accounts as you’d like instantly in the Macquarie Mobile Banking app.
Nickname your savings accounts to fit your savings goals.
No withdrawal conditions
Using our online and mobile banking, you can deposit your salary and transfer cash from your Macquarie Savings Account to any Australian bank account, make BPAY® payments, and set up direct debits and scheduled payments.
- Budgeting and saving
- Added security
- Retail discounts
Budgeting and saving
Budgeting and saving
- Open a Macquarie Savings Account with just one tap in the app.
- Get to know your spending. Each time you make a transaction, it’s automatically categorised into groups such as groceries, travel, leisure or technology
- Create smart budgets for anything in an instant, then see how you're tracking at a glance and over time.
Added security
Added security
- The Macquarie Authenticator app provides an extra layer of security that helps protect your account and personal information and is our most secure way to authenticate.
- It's a mobile app that sends actionable push notifications for you to approve or deny transactions and account activity. There’s also an option to generate a unique one-time rolling code as an alternative authentication method.
Retail discounts
Retail discounts
- Get discounts of up to 10% on eGift cards to use at over 50 leading retailers across Australia with Macquarie Marketplace.
Instantly purchase eGift cards from the palm of your hand and access them 24/7 through your account.
- Get access to Macquarie Marketplace with a savings account.
Rates and fees
Interest rates
Account fees
Terms and Conditions, Forms and Documents
How to apply
To open a Macquarie Savings Account, you’ll need to link it to your Macquarie Transaction Account.
Are you new to Macquarie?
1. Select ‘Apply Now’
2. Enter your personal information and select ‘Next’
3. When prompted to ‘Open a savings account today’ select yes.
Already banking with us?
1. Log into the Macquarie app
2. Tap your profile on the bottom right of the screen
3. Tap ‘Savings account’ and follow the prompts.