Rates and fees verified as correct at 07 March, 2021. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate | Maximum rate | Govt deposit guarantee |
|---|---|---|---|
| Cash Management Account | 0% p.a.(for $5,000 and over) | No Current Offer | Yes up to $250,000 |
| Savings Account | 0.95% p.a.(for $0 to $250,000) | 1.10% p.a. (for $0 to $250,000) | Yes up to $250,000 |
Mozo users have rated Macquarie savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
43 Reviews
Have a CMA with them for 20 years. Once interest rates went to zero, they made it very difficult, actually impossible to transfer funds to an outside account. Put a HELD on account for no legal reason.
Read full reviewHave a CMA with them for 20 years. Once interest rates went to zero, they made it very difficult, actually impossible to transfer funds to an outside account. Put a HELD on account for no legal reason.
Terrific incentive offered. Very easy to deal with. Online offering is excellent.
Read full reviewTerrific incentive offered. Very easy to deal with. Online offering is excellent.
Come to Macquarie chasing higher interest rates, got a great 4 month intro rate on their savings account which has since ended, however their ongoing rate is still good. It's a normal savings account with a great rate, no nonus interest rates for making additional deposits, just set and forget. Only downside is that you must also have a transaction account, however, this also earns interest and has no fees! Crazy! I am still with my former bank, but if they ever slip up, Macquarie will get the lot. I really can't comment on their staff as I have never had to talk to any of them.
Read full reviewCome to Macquarie chasing higher interest rates, got a great 4 month intro rate on their savings account which has since ended, however their ongoing rate is still good. It's a normal savings account with a great rate, no nonus interest rates for making additional deposits, just set and forget. Only downside is that you must also have a transaction account, however, this also earns interest and has no fees! Crazy! I am still with my former bank, but if they ever slip up, Macquarie will get the lot. I really can't comment on their staff as I have never had to talk to any of them.
Just an awful experience. Terrible time logging in, them getting information correct and being hand balled from one customer service rep to another. Then after complaining they closed down my account for absolutely no reason, only citing the following one from their T&C's. 16.3 You acknowledge that we retain the right not to provide products or services to anyone that we decide, in our sole discretion, that we do not wish to provide them to. Do not bank with them! The are so hard to deal with. Put your money somewhere safer.
Read full reviewJust an awful experience. Terrible time logging in, them getting information correct and being hand balled from one customer service rep to another. Then after complaining they closed down my account for absolutely no reason, only citing the following one from their T&C's. 16.3 You acknowledge that we retain the right not to provide products or services to anyone that we decide, in our sole discretion, that we do not wish to provide them to. Do not bank with them! The are so hard to deal with. Put your money somewhere safer.
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