Macquarie logo

Macquarie Cash Management Account

Advertiser disclosure
Account fee
$0.00
Payment options
Interest rate
2.75% p.a.

Mozo editorial review Macquarie Cash Management Account - last updated: 8 April 2024

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What's hot
  • No account management fees
  • No ongoing fees
  • Unlimited transactions via the phone, internet and BPAY
What's not
  • Daily limits for pay anyone users
Mozo snapshot

After a savings account to help you manage your investments, monitor cash flow and earn interest on the balance? Well, look no further than the Macquarie cash management account! It comes with a 2.75% p.a. variable interest rate on all balances, has no ongoing fees, plus, unlimited transactions via the phone, internet and BPAY.

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Key features

The Macquarie Cash Management Account is ideally suited to people with an SMSF or those that do online trading and investing. It enables you to streamline your finances through the one account. There is a 2.75% p.a. variable interest rate on all balances and it has no minimum opening deposit balance.  

The Macquarie Cash Management Account offers loads of flexible features, like unlimited transactions made via the phone, internet and BPAY, plus, it comes with no account fees. Macquarie CMA users who fund their account through pay anyone use the Macquarie Authenticator App will have a daily limit of $100,000 and unauthenticated users will have a default daily limit of $5,000.

Another fab feature that the Macquarie Cash Management Account has to offer is SMSF connectivity to help simplify the account application process, your SMSF accounting and doing your tax return, making it a potentially good account option for investors.

Additionally, the account helps you track your spending thanks to its smart banking tool which categories and identifies trends in your spending.

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Who is it good for

The Macquarie Cash Management Account could be a great savings account option for Aussies who meet the account eligibility criteria, particularly those with an investment or have a Self Managed Super Fund.

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Any catches

Users who fund their account with Pay Anyone instead of BPAY will have a daily limit of $100,000 for authenticated users and $5,000 for unauthenticated. 

Details

Rates and fees information correct as at 2 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 2.75% p.a.

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Fees

$0.00

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Unlimited free transactions.

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$0.00

$0.00

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$0.00

$0.00

$0.00

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Other financial bits

$0.00

$0.00

Features

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no

no

no

yes

no

none

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Available to customers 12 years old and over.

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Atm card

none

none

none

Debit card

none

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none

Payment options

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