6.5/10

Based on 420 Macquarie product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Macquarie savings accounts

   

Macquarie offers the following savings accounts

Rates and fees verified as correct at 15 October 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Interest rate Maximum rate Govt deposit guarantee  
Cash Management Accelerator Account

4.65% p.a.(for $0 to $2,000,000)

No Current Offer

Yes up to $250,000

Savings Account

4.75% p.a.(for $0 to $1,000,000)

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

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How are Macquarie savings accounts rated?

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.

Icon of savings-accounts
Macquarie savings accounts customer reviews
Overall
7.6/10
Price
7.8/10
Features
7.2/10
Customer service
7.6/10
Convenience
6.7/10
Trust
7.8/10
Based on 63 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 savings account reviews

Macquarie Savings Account
Overall 8/10
Would recommend

Pros: - good interest rate for savings account - nice app which is easy to use Cons: - not many branches - less accessible in South Australia

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Pros: - good interest rate for savings account - nice app which is easy to use Cons: - not many branches - less accessible in South Australia

Price
9/10
Features
6/10
Customer service
5/10
Convenience
3/10
Trust
8/10
Less
Charlotte, South Australia, reviewed about 2 months ago
Macquarie Savings Account
Overall 10/10
Good interest rates, customer service, flexibility

This online bank is very easy to navigate. Customer Service is excellent. Good value interest rates Flexibility to remove savings when you want without any penalty or affecting your interest rate.

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This online bank is very easy to navigate. Customer Service is excellent. Good value interest rates Flexibility to remove savings when you want without any penalty or affecting your interest rate.

Price
10/10
Features
10/10
Trust
10/10
Less
Marie, South Australia, reviewed about 2 months ago
Macquarie Savings Account
Overall 9/10
Great interest rates, hassle free process.

I recently took out a savings account with Macquarie and I’ve been really impressed. Signing up was quick and easy, and done completely online. I’m getting a great interest rate (the highest I could find), and I can withdraw money as much as I like without any penalties. There are no account fees and it’s been a no fuss process. I really feel like I’ve gotten something for nothing, and I’m very happy. I really have noticing to complain about. I highly recommend!

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I recently took out a savings account with Macquarie and I’ve been really impressed. Signing up was quick and easy, and done completely online. I’m getting a great interest rate (the highest I could find), and I can withdraw money as much as I like without any penalties. There are no account fees and it’s been a no fuss process. I really feel like I’ve gotten something for nothing, and I’m very happy. I really have noticing to complain about. I highly recommend!

Price
10/10
Features
10/10
Customer service
7/10
Convenience
9/10
Trust
6/10
Less
Jessie, Western Australia, reviewed about 2 months ago
Macquarie Savings Account
Overall 10/10
A bank that takes more then interest

As a victim survivor of domestic violence, I lacked autonomy. Now, with my acquired bank account, I have my autonomy to own my life and choice - my voice is heard and acknowledged.

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As a victim survivor of domestic violence, I lacked autonomy. Now, with my acquired bank account, I have my autonomy to own my life and choice - my voice is heard and acknowledged.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Mary, Queensland, reviewed 7 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.

Savings account quick links