Savings · Side by side
Macquarie Savings Account vs NAB Reward Saver
5.50% a year from 19 Nov
5.50% a year
vs
These are open to different people: Macquarie Savings Account to anyone 12 or over, NAB Reward Saver to anyone.
Interest a year on $50,000, with the conditions met
$2,750
5.50% on this balance
$2,750
5.50% on this balance
Both pay $2,750 a year on $50,000.
Drag to try another balance
Where they differThe rate (5.50% against 5.50%), the conditions on the bonus, how much of a balance the top rate covers and who can open it.
The same on bothA 5.50% rate and no minimum balance.
MacquarieMacquarie Savings Account
NABNAB Reward Saver
Figure by figure
Interest a year without meeting the conditions
on $50,000
$2,750
No conditions to miss
+$2,745 · More without meeting the conditions
$5
at the base rate
Base rate
paid whatever you do
5.50%
from 19 Nov
+5.49 · Higher base rate
0.01%
Bonus rate
None
one rate, nothing to do
5.49%
with the conditions met
+5.49 · Higher bonus rate
Top rate paid up to
$250k
No cap
Covers all of it · Covers more of a balance
What the bonus asks each month
Nothing
- A deposit
- No withdrawals
Who can open it
Anyone 12 or over
Anyone
Rank by total rate
34th of 123
among accounts open to adults
34th of 123
among accounts open to adults
Last rate change
15 Oct 2026
up 0.25
13 Nov 2026
up 0.25
Rates over time
Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.
As of 13 November 2026, Macquarie Savings Account pays 5.50% with nothing to do each month, and NAB Reward Saver pays 5.50% with its monthly conditions met. On $50,000, that's $2,750 against $2,750 a year. Figures are the banks' published rates, worked out on the balance above. Each row says which figure is higher; it doesn't say which account suits you.
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