Your choice of flexible Macquarie Rewards

The Macquarie Platinum experience gives you access to Macquarie Reward Points1.
Graphic of Macquarie VISA Credit card - Platinum

Earn up to $23.50 in gift cards when you spend $5,000 per month on your Platinum card with Macquarie Rewards1.

Flexible rewards 

  • Earn 1 Macquarie Reward Point per $1 spent1 up to and including $5,000, then earn 0.5 Macquarie Reward points for every $1 spent1 over $5,000 in a given statement period
  • Redeem your points for eGift cards or Cashback
  • Keep track of your points and redemptions with online and mobile banking. Your points are ready to use whenever you like.

No international purchase fees 

  • We don’t charge international purchase fees when you shop overseas or with international online retailers5.
  • Receive the Visa foreign exchange rate, with no additional fees or charges.

Security and insurance

  • Overseas and domestic Travel Insurance for you, your Spouse and your Dependent Children3.
  • Card Purchase Cover and Buyer’s Advantage Cover on your eligible purchases3.

All when you pay with your Macquarie Platinum Card3.

Interest free periods

  • Take advantage of up to 55 days interest free on purchases4.

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 with glasses holding a top in a well lit retail shop

Macquarie Rewards

With the Macquarie Platinum Card you'll have access to the Macquarie Rewards1 program. Redeem eGift cards using Macquarie Marketplace, from over 50 popular retailers including Myer, Woolworths and Amazon.

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.
A woman holding a phone in a well lit room with the Macquaire bank app open on a savings screen.
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.

RateTransaction 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 typeFee 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.

$149

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

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.

$20 per statement period 

 

Card and transaction limits

Transaction typeLimit

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$200 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 conditionsLink
Balance transfers terms and conditionsView terms
Conditions of use bookletDownload PDF
Electronic Banking terms and conditionsView terms
Macquarie Bank Platinum Card Insurance terms and conditions
Download PDF
Macquarie Rewards Program terms and conditions
Download PDF
DocumentsLink
Additional card holder formDownload PDF

Authorised representative request form

Download PDF
Card Repayment Insurance Information Document (not available for sale) - issued by Zurich Australia Ltd and St Andrew's Insurance Pty LtdDownload PDF
Card Repayment Insurance Combined Financial Services Guide and Product Disclosure Statement (not available for sale) – issued by Zurich Australia Ltd and St Andrew's Insurance Pty LtdDownload PDF
Credit Card Repayment Protection Product Disclosure Statement and Policy Document (not available for sale) - issued by AIA Australia Ltd and Great Lakes AustraliaDownload PDF
Credit Card Repayment Protection Policy Change Summary (December 2023) - prepared by AIA Australia LtdDownload PDF
Credit Card Repayment Insurance Product Disclosure Statement (not available for sale) - issued by AIA Australia LtdDownload PDF
Credit Card Repayment Insurance Policy Change Summary (December 2023) - prepared by AIA Australia LtdDownload PDF
Credit guideDownload PDF
Direct debit request formDownload PDF

You can apply if you

You meet all of the below criteria:

  • 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, for a Macquarie Platinum or RateSaver card/ earn a minimum taxable income of $70,000 per annum, for a Macquarie Black card.

And you meet 1 of the below criteria:

  • are packaging a credit card with a new or existing home loan 
  • are a Business Bank client

You'll 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).

Next steps

Compare and find the best card for your needs.

 

Frequently asked questions

Our rewards program is digital and offers a range of eGift cards for you to choose from. You can redeem your Macquarie Rewards points for eGift cards at over 50 leading retailers including Myer, Woolworths, Harvey Norman, Amazon, Amart, JB Hi Fi and Bunnings Warehouse. For more information visit our Marketplace website.

As our program is now fully digital, we don’t offer physical gift cards.

You can also choose to redeem points for Cashback into an eligible Macquarie account. 

The tables below outlines the number of Macquarie Rewards points required to redeem eGift cards or into cashback.

RewardPoints required for eGift CardsPoints required for Cashback

$20

4,255

6,250

$50

10,638 

15,625

$100

21,277

31,250

$200

42,553

62,500

$500

106,383

156,250

$1,000

212,766

312,500

Credit card limit increase

We don't offer the option to increase your credit limit

Credit card limit decrease

You can decrease your credit limit at any time by following the below steps:

On Macquarie Online Banking:

  1. Hover over your credit card account
  2. Select I want to
  3. Select View account details in the menu drop-down
  4. Select Decrease limit. This appears on the right of the screen next to Account summary.


Alternatively, you can:

  1. Select the credit card account from the account list
  2. Select I want to in the banner near your account product name (or account nickname)
  3. Select View account details in the menu drop-down
  4. Select Decrease limit. This appears on the right of the screen next to Account summary.


On the Macquarie Mobile Banking app:

  1. Click on your credit card account from the account list
  2. Select the I want to button
  3. Select View account details in the menu
  4. Scroll down then select Credit limit decrease.

Minimum credit limits apply. To find the minimum credit limit for your credit card, please check your financial table which was provided to you with your card pack.

If your card has or will soon expire:

In most instances, we will automatically send you a new credit card if your existing one is about to expire.

There may be times when we don’t automatically send you a new card. This could be for various reasons relating to your account or the way you use your card.

If you haven’t received your new card in the first week of the expiry month, please call us on 1300 150 300, 24 hours a day, 7 days a week, and we can help.

Once you receive and activate your new card, remember to update any direct debits with your new card details.

If your previous card was set up in your digital wallet, your new card will automatically be added to Apple Pay or Google Pay. If you haven’t yet, instantly set up Apple Pay or Google Pay to your digital wallet and start using it straight away, without waiting for your new physical card to arrive in the mail.

If your card is damaged:

Please call us on 1300 150 300, 24 hours a day, 7 days a week, and we can help.

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 Savings Account: You can close your account on Macquarie Online Banking. Click here to learn more
  • Macquarie Credit Card: 1300 150 300 (+61 2 8232 1684) or by following the below steps:

To close your card in Macquarie Online Banking:
  1. Hover over your credit card account in the account list
  2. Select I want to
  3. Select View account details in the menu drop-down
  4. Select Close Account. This appears on the right of the screen next to Account Summary.

Alternatively, you can:
  1. Select your credit card account from the account list
  2. Select I want to in the banner near account product name (or account nickname)
  3. Select View account details in the menu drop-down
  4. Select Close Account. This appears on the right of the screen next to Account Summary.

To close your card in the Macquarie Mobile Banking app:
  1. Select your credit card account
  2. Select the I want to button
  3. Select View account details
  4. Scroll down and select Account closure.
  • Macquarie Home Loan: 1800 007 722 (+61 2 8550 5666), 8.30am to 5.30pm (Sydney time) 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

Home loan package

Package your home loan with a credit card.

Help and support

Visit our online Help Centre.
 

Additional information

This information is provided by Macquarie Bank Limited AFSL and 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

Approval is subject to Macquarie credit criteria and suitability assessment. Terms and conditions apply and are available upon request. Fees and charges apply. 

1

Macquarie Rewards are subject to the Macquarie Rewards Program Terms and Conditions. Macquarie Reward points are not earned on cash advances or other restricted transactions detailed in the Macquarie 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 insurance on Macquarie Cards is 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 group policy of insurance or in the Macquarie Bank 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 and consider the appropriateness of that insurance in relation to your individual requirements.

4

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

5

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.

^^

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