Macquarie Savings Account

Where your money gains momentum



5.35% p.a.

Earn a competitive fixed welcome rate
for 4 months on balances up to $250k~

4.75% p.a.

Continue saving with a variable ongoing rate
on balances up to $1 million





Accelerate your savings with great rates

My favourite benefit of the Macquarie Savings Account is definitely the high interest.

Kickstart your savings with a competitive 5.35% p.a. welcome rate, then rollover to a great ongoing variable rate.

No deposit conditions to keep track of

Without any specific conditions, it allows me to make my own choices and gives me the freedom to do so.

Saving is made simple with no fees or deposit conditions, so you can set and forget.

Open a digital account in minutes

It was so easy to open a Macquarie Savings Account. I literally went home that night and signed up on my mobile.

Our award-winning digital banking features makes saving simple.

Supercharge your security

I use the (Macquarie) Authenticator app for safety reasons... it just gives me peace of mind.

With 24/7 fraud monitoring and our market-leading security app, Macquarie Authenticator.



Open your Macquarie Savings Account today

"When I opened a savings account, it was a breeze. Within 2 minutes I did it, nothing can beat that."


Additional information


Our Welcome rate offer is only available on your first savings account, on balances up to $250,000.00. The welcome rate is fixed at the time you apply for four months. After the expiry of your Welcome rate and on additional savings accounts, our stepped variable rates apply based on your balance. Should our stepped variable rates exceed the Welcome rate offer during the four-month period, interest will be calculated based on our stepped variable rates.

This information has been prepared by Macquarie Bank Limited AFSL and Australian Credit Licence 237502 (MBL) 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.