Macquarie Bank Savings Account 4.75% p.a. Interest on Balance up to $2,000,000 (No Hoops) @ Macquarie Bank
samwaldo posted this 3 days ago
Following the RBA’s decision on 17 March 2026, we’ll be increasing our variable rate everyday bank account interest rates by 0.25% p.a., effective 2 April 2026. Rates displayed on our website have not yet been updated to reflect this change. Find out more about what this means for you here(macquarie.com.au).
What does the RBA’s latest rate rise mean if I’m an everyday banking customer?
In line with the increase to our variable home loan reference rates, we will also be increasing the interest rates available across our Transaction, Savings, Business Savings and Cash Management accounts effective 2 April 2026. You can view our new rates below:
| Savings Account | |
|---|---|
| Variable welcome rate | Balance |
| 5.10% p.a | Up to $250,000 |
| Variable ongoing rate | Balance |
| 4.75% p.a | Up to $250,000 |
| 4.75% p.a | $250,000.01 - $2,000,000 |
| 2.50% p.a | $2,000,000.01 and above |
https://www.macquarie.com.au/everyday-banking/savings-account.html

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