Macquarie Savings Account
A digital savings account with variable balance-tiered interest and no monthly activity requirements.
On this page
Details
| Field | Value |
|---|---|
| Base | 5.25% |
| Ongoing | 5.25% |
| Ongoing cap | $250K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 12 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 5.25% | This band only | First $250k |
| Standard variable | 5.05% | This band only | Over $250k to $2m |
| Standard variable | 4.60% | This band only | Over $2m |
Source: noren.com.au
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Rate requirements
For Macquarie Savings Account.
- Provider fee review 29 October 2026: this savings account has no monthly account-keeping fee. This does not waive transaction, statement, special-service or separately linked-account charges, their published conditions still apply.
Access: Digital access, linked transaction account required
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Savings account maintenance. |
| Online payments | $0 | Provider-listed online payment services. |
| Dishonour fee | $0 | Provider-listed dishonoured payments. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 5.25% | 5.25% | - |
Source: noren.com.au
Eligibility
- At least 12 years old, with a permanent Australian residential address, email and Australian mobile number.
- Individual or joint applications are accepted. Businesses, trusts and SMSFs are excluded.
- Open and keep a Macquarie Transaction Account. Internet access and an electronic device are required.
Similar products
Tools & support
Things you should know
- This savings account has no debit card of its own.
- Balance tiers apply to portions of your money. Check the complete schedule for larger balances.
Collected on 30 Oct 2026. Pricing verified on 28 Oct 2026.