Macquarie Business Savings Account
- Maximum variable rate
- 4.65% p.a.
- Base interest rate
- 4.65%p.a.
Our verdict
This is a low-fee online business savings account that lets you earn a competitive interest rate.
The Macquarie Business Savings Account is a high interest online account that lets you earn an interest rate of up to 4.65% on your business savings.
This account offers a tiered interest rate based on your account balance. You can earn the maximum rate on balances of up to $250,000. You will earn less interest on any money beyond this.
Pros
-
No fees
-
Competitive rate
Cons
-
Your rate is lower on money saved beyond $250,000
-
No debit card
Details
Key details
Product Name | Macquarie Business Savings Account |
Maximum Variable Rate | 4.65% p.a. |
Standard Variable Rate | 4.65% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Key features
Maximum variable interest rate of 4.65%
This account has a tiered rate structure. You will earn the maximum variable rate on every dollar saved up to $250,000.
Every dollar saved beyond this earns interest, but at a lower rate.
Account fees
This account has no fees.
Minimum and maximum balance
There are no minimum or maximum balances for this account.
Features
This account offers internet banking and instant payments. It does not offer phone banking.
You also have access to Macquarie's banking app.
How to apply
Compare other business savings accounts
Compare alternatives
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
Your reviews
Richard Finder
Editor
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.