6.5/10

Based on 410 Macquarie product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Macquarie bank accounts

Macquarie offers a choice of bank accounts to suit different needs, both of which you can compare below. 

Macquarie offers the following bank accounts

Rates and fees verified as correct at 13 July 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Account fee Payment options Interest rate
Cash Management Account

$0.00

2.75% p.a.

Transaction Account

$0.00

Apple Pay, Google Wallet, PayID

4.75% p.a.

How are Macquarie bank accounts rated?

Mozo users have rated Macquarie bank accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of bank-accounts
Macquarie bank accounts customer reviews
Overall
7.2/10
Price
8.0/10
Features
7.2/10
Customer service
7.6/10
Convenience
6.9/10
Trust
7.9/10
Based on 86 Macquarie product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Macquarie bank account reviews

Macquarie Bank Account
Overall 10/10
Easy to use, with a simple App

Macquarie Bank is a really great banking option in Australia. It is user friendly and easy to access through the App. The App is convenient and lists all accounts easily. Access is safe and has the usual safety/security options. The only con is the transfer of funds to other accounts as they don’t yet use Osko etc.

Read full review

Macquarie Bank is a really great banking option in Australia. It is user friendly and easy to access through the App. The App is convenient and lists all accounts easily. Access is safe and has the usual safety/security options. The only con is the transfer of funds to other accounts as they don’t yet use Osko etc.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
8/10
Trust
10/10
Less
Shaun, New South Wales, reviewed 4 months ago
Macquarie Transaction Account
Overall 9/10
Love them!

The app is easy to use and navigate and savings accounts have great interest.

Read full review

The app is easy to use and navigate and savings accounts have great interest.

Price
7/10
Features
8/10
Trust
8/10
Less
Kristina, New South Wales, reviewed 4 months ago
Macquarie Bank Account
Overall 1/10
Needs the app fixed.

Pro: good customer service Con: Applied online, after saying "card is on its way" and I was able to have access to go on the app, it works at first then suddenly it blocks me after saying "too many attempts have been made". How is it too many attempts when I only logged in TWICE?? As a new customer, ALL banks should give new customers a second chance or even third to fix things or log in. I put my details correctly, pin, password everything was correct. And for some reason it says I can't log back in. Like.... seriously???

Read full review

Pro: good customer service Con: Applied online, after saying "card is on its way" and I was able to have access to go on the app, it works at first then suddenly it blocks me after saying "too many attempts have been made". How is it too many attempts when I only logged in TWICE?? As a new customer, ALL banks should give new customers a second chance or even third to fix things or log in. I put my details correctly, pin, password everything was correct. And for some reason it says I can't log back in. Like.... seriously???

Customer service
7/10
Convenience
1/10
Trust
5/10
Less
Frederick, New South Wales, reviewed 5 months ago
Macquarie Transaction Account
Overall 9/10
BEST RESULTANT INTEREST ON ACCOUNTS

ONE THING I LIKE ABOUT MACQUARIE IS THAT THEY GIVE GOOD INTEREST RATES ON ACCOUNTS AND WITHOUT CONDITIONS - WHICH, WHEN COMPARED TO OTHERS, WORKS TO MY ADVANTAGE - EG ING OFFER BETTER INTEREST BUT YOU MUST HAVE AN INCREASING BALANCE AND A MINIMUM NUMBER OF TRANSACTIONS WITHIN ANY GIVEN TIME PERIOD - THIS DOES NOT SUIT ME

Read full review

ONE THING I LIKE ABOUT MACQUARIE IS THAT THEY GIVE GOOD INTEREST RATES ON ACCOUNTS AND WITHOUT CONDITIONS - WHICH, WHEN COMPARED TO OTHERS, WORKS TO MY ADVANTAGE - EG ING OFFER BETTER INTEREST BUT YOU MUST HAVE AN INCREASING BALANCE AND A MINIMUM NUMBER OF TRANSACTIONS WITHIN ANY GIVEN TIME PERIOD - THIS DOES NOT SUIT ME

Price
9/10
Features
9/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Marc, Victoria, reviewed 3 months ago
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Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

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