When using your Macquarie credit card to withdraw cash from an overseas ATM or over the counter overseas you’ll incur the following charges:
- a cash advance fee of $5 or 3% of the value of the transaction (whichever is greater), and
- the cash advance interest rate from the date of the cash withdrawal.
Some overseas banks or ATM providers might also charge you a processing fee. Just like in Australia, the amount of this fee varies depending on the provider. This fee may be charged in the foreign currency. For overseas cash withdrawals on our credit cards, a cash advance fee of 3% will still apply. Overseas banks and ATM operators may charge you fees for these transactions.
In addition, cash advance balances on Macquarie Credit Cards are capped at $1,000 in total. Once this limit has been reached, you must pay down your existing cash balance before you can withdraw cash again. You can view your available cash advance by following the below steps:
- Select your credit card account in Macquarie online or your Mobile Banking app
- Select more and details.