Low annual fee, high convenience

Macquarie’s basic credit card provides great value with low fees and rates, no international purchase fees3 and access to award-winning digital banking6.
Graphic of Macquarie VISA Credit card - Rate Saver
Macquarie's lowest annual fee and interest rate credit card.

Low annual fee

A low annual fee of only $69 means more money in your pocket.

Low interest rates

  • Low interest rate of 15.95% p.a. and up to 55 days interest free on purchases2.
  • Need a balance transfer? Get a 0% p.a. balance transfer for 14 months from credit card approval1. Plus keep your interest free period on purchases2.

Security and protection

  • Protection against unauthorised activity. Visa cardholders are protected by Visa's Zero Liability4 policy.
  • We provide advanced fraud protection with 24/7 online account monitoring.

No international purchase fees

  • We don’t charge international purchase fees when you shop overseas or with international online retailers3.
  • Receive the Visa foreign exchange rate, with no additional fees or charges.

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.
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 and subject to change.

Rate Transaction type
15.95% p.a. Interest rate charged on purchases
15.95% 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 fee

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


Additional cardholders

Information request fee

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.


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

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.

$20 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


Card and transaction 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. 

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
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 RateSaver Card Features and Benefits Guide Download PDF
Understanding Interest Download PDF

You can apply if you

  • are an existing Macquarie customer
  • 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.

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

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 by following the below steps:

On Macquarie Online Banking:

  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.

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.

To find the minimum credit limit for a credit card please check the key facts sheet at the time of your application.

Choosing between the Macquarie Rewards program and the Qantas Frequent Flyer Rewards program does not affect the minimum credit limit of a credit card.
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
  • 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.

If your card is reissued you can continue to use Apple Pay or Google Pay if your card has been provisioned to your digital wallet.

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 (Sydney time) 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 (Sydney time) Monday to Friday or send in a signed request to transact@macquarie.com
  • Macquarie Savings Account: You can close your account on Macquarie Online Banking. Click here to learn more
  • 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 (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

Compare credit cards

Compare and find the best card for your needs.

Help and support

Visit our online Help Centre.

Additional information

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.

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.


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.


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.


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.


Visa's Zero Liability policy covers Australian and New Zealand-issued cards and does not apply to ATM transactions, transactions not processed by Visa or certain commercial card transactions. Cardholders should notify their issuer promptly of any unauthorised Visa use. Please consult Macquaire for additional details.


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.


Our internet banking platform has won a Mozo Experts Choice Award in the Internet Banking category for 2019/2020.


The Macquarie RateSaver Card is not available in a Home Loan Package.