BankMate

Savings account · 12+ years

Macquarie Savings Account

5.25%p.a. total

No bonus conditions: the rate is paid every month

49th of 151 savings accounts · market average 4.37%

Go to MacquarieCompare with another accountCompare with Macquarie's term deposit

The RBA raised the cash rate to 4.60% on 30 September. Macquarie Savings Account moved on 15 October, 15 days later.

What it asks

Nothing each month
Each month

Nothing. The rate is paid every month.

Who can open it

Anyone 12 or over

Balance

The top rate is paid on balances up to $250,000.

Compare all 151 accounts

Rate history

Last change 15 Oct
  • Macquarie Savings Account
  • RBA cash rate
  • Market average
4.004.505.005.50MarMayJulSepToday5.25% p.a. today

October 20261 change

  1. 15Thu
    • 5.00 → 5.25Total rate 5.00% → 5.25% · 15 days after the RBA rise to 4.60%
      +0.25

May 20261 change

  1. 22Fri
    • 4.75 → 5.00Total rate 4.75% → 5.00% · 16 days after the RBA rise to 4.35%
      +0.25

April 20261 change

  1. 2Thu
    • 4.50 → 4.75Total rate 4.50% → 4.75% · 15 days after the RBA rise to 4.10%
      +0.25

  1. #20FebFeb 2026: ranked 20 of 42
  2. #43MarMar 2026: ranked 43 of 64
  3. #35AprApr 2026: ranked 35 of 76
  4. #33MayMay 2026: ranked 33 of 79
  5. #40JunJune 2026: ranked 40 of 79
  6. #41JulJuly 2026: ranked 41 of 80
  7. #41AugAug 2026: ranked 41 of 80
  8. #52SepSep 2026: ranked 52 of 120
  9. #48OctOct 2026: ranked 48 of 150
  10. #49NowNov 2026: ranked 49 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

In the top 50% for 6 of the last 10 months. Its lowest was #43 of 64 in Mar 2026.

Interest a year
$2,625
Each month
$219
Against the average (4.37%)
+$441

On a $50,000 balance. Type yours above; it's kept with your savings preferences.

Up to $250k5.25%
$250k – $2M5.05%
$2M+4.60%

No monthly conditions. Stepped rates by balance. Needs a Macquarie Transaction Account.

Notes from savers

to leave a note.

Often compared with: ubank Save account · AMP Bank GO Save · CommBank GoalSaver · Bankwest Easy Saver

Pays 5.25% p.a. with no bonus conditions as of 2 November 2026. Ranks 49th of 151 savings accounts tracked by BankMate, 0.88 points above the average of 4.37%. The rate last rose on 15 October 2026, 15 days after the RBA raised the cash rate to 4.60%. From Macquarie's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·