Macquarie Savings Account

% p.a.

Fixed welcome rate for 4 months on balances up to $250k~

% p.a.

Variable ongoing rate on balances up to $1 million.

Where your money gains momentum

Hear from our customers on how they're building momentum on their savings.

Ready to open your account? It only takes 3 minutes.

Hear why more Australians are choosing Macquarie

"It was so easy to open a Macquarie Savings Account. I signed up on my mobile."


Macquarie customer

“One of the digital features that I use would be the tagging. That helps me with my expenditures at the end of the month."


Macquarie customer

"I want my savings to take me to a place where I can be financially free."


Macquarie customer

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


Macquarie customer

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.


We don’t charge any fees in connection with our transaction and savings account products but others, such as other financial institutions, may.

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.