A low annual fee card with Qantas Points

The Macquarie Platinum experience gives you access to Qantas Points1.
Macquarie CC Platinum
Earn up to 1 Qantas Point per $1 spent on eligible purchases1.

Qantas Points 

Per $1 spent on eligible purchases you'll earn:

  • 1 Qantas Point on up to $1,000 spend per statement period, then 0.5 Qantas Points for the remainder of that statement period1
  • You can also earn an additional 1 Qantas Point on selected Qantas products and services6.

No international purchase fees 

  • We don’t charge international purchase fees when you shop overseas or with international online retailers.
  • Receive the Visa foreign exchange rate, with no additional fees or charges7.

Interest free periods

  • Take advantage of up to 55 days interest free on purchases5.
  • Need a balance transfer? Get a 0% p.a. balance transfer for 14 months from credit card approval3. Plus keep your interest free period on purchases5.

Travel smarter

Enjoy complimentary 24/7 Concierge Services8 to assist with organising flights, tickets to events and more.

Security and insurance

  • Overseas Travel Insurance for you, your spouse and any dependent children4.
  • Extended Warranty Insurance on your purchases4.
  • Interstate Flight Inconvenience Insurance4.

All when you pay with your Macquarie Platinum Card4.

More ways to pay

  • Add your Visa credit card to your mobile or wearable with Apple Pay and Google Pay.
  • Lost your card? No need to wait for your new card to arrive - continue using mobile payments in place of your lost, stolen or damaged card.
A woman in a striped top grabbing a blue suitcase off an airport luggage carousel

Receive 20,000 bonus Qantas Points

Apply and be approved for the Macquarie Platinum Card with Qantas Points and you'll receive 20,000 bonus Qantas Points* when you spend $2,000 on eligible purchases within 60 days of approval*.

This offer is not available to applicants who have a credit card as part of a home loan package.

Home loan savings

Using your credit card and offset account

Using your credit card and offset account

  • One way to make the most of your offset home loan is to use your accompanying credit card for your day-to-day purchases.
  • When you keep savings in your offset account and pay off your credit card balance in full before your interest free period ends, you could minimise both the amount of interest you pay on your home loan and the interest you pay on purchases.
Middle aged Asian man standing outside his home on a sunny day. Macquarie customer Chi
Added security

Protect your account and personal information

Protect your account and personal information

  • 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 online transactions and account activity. There’s also an option to generate a unique one-time rolling code as an alternative authentication method.
A person in a cafe close up shot of their hand holding a phone with the Macquarie authenticator app open
Budgeting and saving

Tools for budgeting and saving

Tools for budgeting and saving

  • Get to know your spending. Each time you make a transaction, it’s automatically categorised into a group 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.
A hand holding a phone (iPhone X) with the Macquarie app open showing the spending and budgeting feature
Track spending

Transaction notifications

Transaction notifications

  • Get the added security of real time notifications – opt in on your device.
  • Whenever you make a transaction on your Macquarie credit or debit card, you’ll receive a push notification, so you know the correct transaction has been processed either instore or online.
  • For foreign currency transactions, the alert shows the spend amount in local currency and Australian dollars.
Shot from over the shoulder, a person is logged into Macquarie eBanking on their laptop in their living room.
Travel assistance

Digital tools for travelling

Digital tools for travelling

  • When you log into the Macquarie Mobile Banking app at your overseas destination, the Travel Mode feature will reflect your location and the local exchange rate. 
  • You’ll also have quick access to our international support contact details.
  • Easily lock and unlock your card in the app if your card is lost or stolen.

     

View of a Manhattan Downtown street during the day, shot from a high angle.

Interest rates

Interest rates are variable, subject to change and to Macquarie Card Services credit criteria.

Rate Transaction type
20.70% p.a. Interest rate charged on purchases
20.70% p.a. Interest rate charged on cash advances


Up to 55 days interest free on purchases only applies if your account is paid in full by the due date shown each month (excluding any balance transfers and Interest Free Finance balances that are in the specified promotional period).

Account fees

Fee type Fee amount

Annual fee2

The annual fee is charged when you activate your card, then annually on the anniversary of the date we first issued your card.

$99

Additional cardholders

Up to 4 free additional cardholders then $10 per additional
card holder
Information request fee
$7

Cash advance fee

Applies to each cash advance made on your account, debited to your account at the time of the cash advance.

$5 or 3% of the value of the transaction, whichever is the greater

International purchase fee

Card purchases or transactions made or processed outside Australia.

We don't charge fees for card purchases made or processed outside Australia but others, such as the banks of international merchants and foreign ATM operators, may charge fees for these transactions.

Free

Over the counter transaction fee

Any payment made at Australia Post outlets by cash,
cheque, or EFTPOS, debited to your account when the payment is credited to your account.

$2 per payment

Overlimit fee~

Applies if the balance of your account exceeds your
credit limit at any time during a statement period and you have provided your consent to incur a fee related to this service. This amount will:

(a) be debited to your account at the time your account
first exceeds your credit limit during a statement period

(b) be debited to your account on the first day of each
subsequent statement period(s) that your account continues to exceed your credit limit.

~ For new customers, this functionality is not available.  For existing customers, if you have not already provided your consent, this feature has been disabled.

$30

Dishonour fee

Applies each time a payment to your account is dishonoured, debited to your account at the time of dishonour.

$10 per payment

Late payment fee

Applies if all amounts due are not paid by the payment due date, debited to your account within five business days of the payment due date.

$35 per statement period 

Voucher request fee

Debited to your account at the time of the request (refunded if a dispute is resolved in your favour).

$8 per requested sales receipt provided by a third party

Statement fee

For statements delivered to you by post.

Your statement will be made automatically accessible on Macquarie Online banking and via the Macquarie Banking app at no cost. To request paper statements, please contact us on 1300 150 300.

$2.50 per month 

 

Card limits

Transaction type Limit

Cash advance transaction limit

Once you reach this limit, you’ll need to pay down your cash advance balance before you can withdraw cash again. 

$1,000
VISA contactless limit with no PIN $100 per transaction

Daily BPAY® limit

Some billers may impose their own limits.

Up to the available balance of your account

 

Terms, conditions and documents

Terms and conditions Link
Balance transfers terms and conditions View terms
Conditions of use booklet Download PDF
Electronic Banking terms and conditions View terms
Macquarie Bank Platinum Card Insurance terms and conditions
Download PDF
Macquarie Qantas Points terms and conditions
Download PDF

 

Documents Link
Additional card holder form Download PDF

Authorised representative request form

Download PDF
Balance transfer request form Download PDF
Credit guide Download PDF
Direct debit request form Download PDF
Identity theft prevention kit Download PDF
Macquarie Platinum Card Features and Benefits Guide (Qantas Points)
Download PDF
Understanding Interest Download PDF

How to apply

Apply for your new credit card online in only a few minutes.

 

Apply if you

  • are 18 years old or over,
  • are a permanent resident of Australia,
  • have a good credit rating,
  • earn a minimum taxable income of $50,000 per annum.

What's next?

To complete the application, you will also need details of your:

  • gross annual salary
  • monthly expenses
  • current employer (address and phone number)
  • accountant (if self-employed/retired), and
  • Australian driver's licence number (if you have one).

Frequently asked questions

A balance transfer is a request to transfer part, or all, of your outstanding balance from another credit card to your Macquarie credit card account.

Balance transfers are one of the easiest ways to consolidate your existing credit card debts and potentially save on interest repayments. Make sure you consider closing the credit card you’re transferring from to avoid unwanted fees and further debt.
 
How does a balance transfer work?
 
When you request a balance transfer, we will either BPAY® funds or arrange a cheque to your nominated card account and debit this to your Macquarie card account. Please allow up to five business days after card activation for balance transfer requests to be processed. Balance transfers are subject to the Balance Transfer Terms and Conditions.

Please note that you won’t receive your 55-day interest free period if you have a balance transfer on your card.
 
What is the limit for balance transfers?
 
The limit on balance transfers is equal to the credit limit on your card, less $500. If the amount of your balance transfer exceeds your limit, we’ll contact you before processing your request. The minimum balance transfer is $500.
 
When can I request a balance transfer?
 
You can request a balance transfer when you apply for a card or any time after by completing a balance transfer request through Macquarie Online.
 

®  Registered to BPAY Pty Ltd ABN 69 079 137 518

We appreciate this is a very difficult time for the many Australians impacted by coronavirus (COVID-19).

In light of the current level of financial uncertainty many borrowers are facing, we are temporarily pausing credit limit increase applications. 

You can decrease your credit limit at any time via your Macquarie Online Banking account by following the below steps:

 

  1. Click on your credit card account
  2. Select Account details at the top of the screen
  3. Select Decrease limit. This appears on the right of the screen next to Account summary.
Lost or stolen credit card
 
To report a lost or stolen card, call us on 1300 150 300 (+61 2 8232 1684) at any time.
 
If your card is lost or stolen, please let us know right away and we’ll cancel your card to protect your account. Once cancelled, we will:
 
  • instantly issue your new card into your mobile banking app. You can then add this card instantly and securely into your mobile device’s payment wallet, allowing you to continue spending without having to wait for your new physical card in the mail
  • send you a replacement card as quickly as possible. In most cases, your new card will arrive in 3–5 business days. Once you’ve reported your card lost or stolen, the physical card will be locked and you won’t be able to use it for transactions. You’ll need to update your direct debits with your new credit card number. Any additional cardholders on your account can continue using their card.
     
Misplaced credit card
 
If you misplace your credit card, you can apply a temporary lock on your card to protect your account. This prevents new payments being made on your card, and in some cases may result in existing direct debits or authorised payments to be declined. You’ll need to review all direct debits and authorised payments connected to the account. You can unlock your card at any time.
 
To place a temporary lock on your card in the Macquarie Mobile Banking app:
 
  1. Select the card icon in the left side menu
  2. Scroll to the relevant card account
  3. Select Lock card
  4. Select Lock on the pop-up message.
  
To place a temporary lock on your card in Macquarie Online Banking:
 
  1. Select the relevant account
  2. Select Lost or stolen card
  3. Toggle to Lock card.
 
You can unlock your card by following the steps above and selecting Unlock card.
We don’t charge our Macquarie credit card customers international transaction fees on overseas purchases, both in-store and online, or on overseas cash withdrawals. A cash advance fee will still apply on overseas cash withdrawals. You’ll also continue to earn rewards points on eligible international purchases on your Macquarie Black or Platinum credit card.

This could mean savings for you if you regularly travel or shop online with international merchants.

How does foreign currency conversion work for credit cards?

Whenever you make an in-store or online purchase or use your credit card to obtain a cash advance, in a currency other than Australian dollars, the transaction will be converted to Australian dollars. When you complete the payment, you might be given the choice to pay in the foreign currency or convert the amount to Australian dollars.

If you choose to pay in the foreign currency, this amount will be converted to Australian dollars by Visa, using the applicable exchange rate on the date the purchase is debited to your account. Remember, exchange rates may fluctuate between the time your purchase is authorised and the time we debit your account.

Under the Visa scheme, if the purchase is made in United States dollars, Canadian dollars, New Zealand dollars, Singapore dollars, Pounds Sterling, Euros or Japanese Yen then the amount will be converted directly into Australian dollars. Purchases made in any other foreign currency will be converted into United States dollars before being converted into Australian dollars. The online conversion rate calculator shows you the indicative rates set by Visa for these conversions.

If you choose to pay in Australian dollars, the merchant will convert the foreign currency into Australian dollars at the time of the transaction. This is called ‘dynamic currency’ conversion. The exchange rate is not determined by Visa but by the merchant’s dynamic currency conversion service provider.

You won’t incur an international transaction fee, however some merchants may charge additional fees, so choosing to pay in Australian dollars can be more costly.

You might come across dynamic currency conversion if you’re:
 
  • shopping online with an international merchant and the prices are displayed in Australian dollars, or
  • travelling overseas and you’re given the option to pay your hotel or restaurant bill in either Australian dollars or the local currency.
Statements will be available online monthly, at the end of each billing cycle. You’ll receive a credit card statement monthly if you’ve made transactions during that period. See Understanding Interest for further information.
Please contact us to close your account:
 
  • Macquarie Cash Management Account: 1800 806 310 (+61 7 3233 8111), 8am to 7pm (AEST/ADST) Monday to Friday or send in a signed request to transact@macquarie.com
 
  • Macquarie Consolidator Cash Account: 1800 806 310 (+61 7 3233 8111), 8am to 7pm (AEST/ADST) Monday to Friday or send in a signed request to transact@macquarie.com
 
  • All other bank accounts: 133 174 (+61 2 8245 4470), 24/7
 
  • Macquarie Credit Card: 1300 150 300 (+61 2 8232 1684) or via Macquarie Online banking, 24/7, by following the below steps:
 
  1. Click on your credit card account
  2. Select Account Details at the top of the screen
  3. Select Close Account. This appears on the right of the screen next to Account Summary.
​​​​​​​
  • Macquarie Home Loan: 1800 007 722 (+61 2 8245 4383), 8.30am to 5.30pm (AEST/ADST) Monday to Friday
 
  • Macquarie Wrap: Please contact your financial adviser for assistance. Your adviser will need to cancel any automated plans that you may have in place
   
 

Contact us

24 hours a day, 7 days a week

1300 150 300

Apply online

Apply for your new credit card online in only a few minutes.

Help and support

Visit our online Help Centre.

 

Additional information

This information is provided by Macquarie Bank Australian Credit Licence 237502 and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. Lending criteria, fees and T&Cs apply.

Apple, the Apple logo & iPhone are trademarks of Apple Inc, registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Android, Google Pay, Google Chrome and the Google Logo are trademarks of Google LLC.

BPAY is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518

Our credit cards are 5-star Canstar rated for Outstanding Value Travel Credit Card for 2019/2020.

Qantas Points are earned in accordance with and subject to the Macquarie Qantas Rewards Program Terms and Conditions, available at Macquarie Online Banking and macquarie.com.au/cards. You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. Complimentary membership is provided by Macquarie Bank Limited for new or existing Macquarie Platinum and Macquarie Black cardholders who are not already members of the Qantas Frequent Flyer Program and who apply for membership online at qantas.com/joinffmacquarie. This offer is non-transferable. Qantas Frequent Flyer membership and the earning and redemption of Qantas Points are subject to the Qantas Frequent Flyer Program terms and conditions.

Approval is subject to Macquarie credit criteria and suitability assessment. Terms and conditions apply and are available upon request. Fees and charges apply. Allow up to 10 working days to process your application.

*

To be eligible for the bonus Qantas Points offer, you must apply and be approved for a Macquarie Black Card with Qantas Rewards or Macquarie Platinum Card with Qantas Rewards. Receive 20,000 bonus Qantas Points if you spend $2,000 on eligible purchases within 60 days of card approval. Eligible purchases exclude cash advances, balance transfers or other restricted transactions detailed in the Macquarie Qantas Rewards Program Terms and Conditions. Eligible purchases include those made by the primary cardholder and any additional cardholders on the credit card account. The 20,000 bonus Qantas Points will be credited to your Qantas Frequent Flyer Account within 60 days of meeting the spend criteria, provided that you are not in breach of the Conditions of Use, your Account remains open and you have provided Macquarie with a valid Qantas Frequent Flyer membership number. Offer is limited to new applicants only. This offer is not available to applicants who have applied for a credit card as part of a home loan package.

1

You will earn 1 Qantas Point per $1 spent on eligible purchases on the Macquarie Platinum Card on up to $1,000 spend per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases for the remainder of that statement period. Qantas Points are earned on up to an annual maximum of $200,000 of eligible spend on the Macquarie Platinum Card. You will earn 1 Qantas Point per $1 spent on eligible purchases on the Macquarie Black Card on up to $4,000 spend per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases for the remainder of that statement period with no points cap. Eligible purchases exclude cash advances, balance transfers or other restricted transactions detailed in the Macquarie Qantas Rewards Program Terms and Conditions.

2

The annual fee information displayed on this page applies to new customers only. Existing customers may be subject to a different annual fee and should refer to their Financial Table for the annual fee that applies to their account. Other fees and charges may apply.

3

The 0% p.a. applies to balances transferred with this offer for the first 14 months from the date your account is approved and then reverts to the standard variable interest rate for purchases, which is currently 20.70% p.a. for the Macquarie Black Card and the Macquarie Platinum Card, and 15.95% p.a. for the Macquarie RateSaver Card. Interest rates are variable and subject to change. Minimum repayments are required. For further details refer to the Balance Transfer Terms and Conditions.

4

Overseas Travel Insurance, Interstate Flight Inconvenience Insurance, Transport Accident Insurance, Purchase Security Insurance, Extended Warranty Insurance and Global Hire Car Excesses Waiver are underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL No. 239687) (Chubb) and are subject to the terms, conditions, excesses and exclusions contained in the Macquarie Bank Platinum Card policy of insurance or in the Macquarie Black Card policy of insurance between Macquarie Bank Limited (ABN 46 008 583 542 AFSL No. 237502) (MBL) and Chubb. This information does not take into account your objectives, financial situation or needs. It is important for you to read Macquarie Bank Platinum Card Insurance Terms and Conditions or Macquarie Bank Black Card Insurance Terms and Conditions available by calling 1300 150 300 and consider the appropriateness of that insurance in relation to your individual requirements.

5

Applicable only if your account is paid in full by the due date shown each month (excluding any balance transfers and Interest Free Finance balances that are in the specified promotional period). Interest rates are variable and subject to change.

6

You will earn an additional Qantas Point per dollar spent on selected Qantas products and services in Australia. Selected Qantas products and services are the following items purchased directly from Qantas: Qantas passenger flights (with a QF flight number) Qantas Frequent Flyer and Qantas Club membership joining and annual fees as applicable. Excludes Jetstar, Qantas Holidays, Qantas branded non-airfare products and any Qantas products and services not purchased directly from Qantas. Purchases at Qantas Freight, Qantas Holidays, Qantas Business Travel, Jetset Travelworld channels, Qantas Staff Travel, the Jetstar Group of companies or goods or services supplied by QFF Program partners. The Qantas Points earned each month will be credited to your Qantas Frequent Flyer account within five business days of each Statement Period provided that you are not in breach of the Conditions of Use, your Account remains open and you have provided Macquarie with a valid Qantas Frequent Flyer membership number.

7

We don’t charge fees for card purchases or transactions made or processed outside Australia but others, such as the banks of international merchants, might.

8

Concierge Services are provided by Aspire Lifestyles (Australia) Pty Ltd. Accessing concierge services is free but you must pay for the goods or services that you purchase through the service. Maximum discount of AUD$100 will apply per calendar year. The discount will be applied at the time of booking and the outstanding amount must be paid for with your Macquarie Black Card. If a booking is cancelled within 24 hours of the scheduled time, you will still be charged for the booking and the discount will still be applied to your annual maximum. Limousine travel can only be used within Australia and subject to availability. 

^^

Different minimum credit limits may apply to the Macquarie Platinum Card in a Home Loan Package.