Macquarie Bank operates as a global business in over 25 countries. In Australia, Macquarie Bank offers customers an array of financial services and products, including credit cards. Whether you're looking for a platinum or rewards credit card or want to save with competitive interest rates, you can compare your credit card options with Macquarie Bank below.
Only available for select Macquarie customers
As of 18 November 2022, Macquarie Bank credit cards are currently only available as part of a Macquarie home loan package or for Macquarie Private Bank or Business Bank clients that meet certain criteria. If you don't meet these requirements, you can compare other credit cards here.
Key takeaways
You must be a Macquarie customer to apply for their credit cards.
Earn Macquarie Rewards Points on spending, redeemable for cashback, gift cards, or frequent flyer points.
Some cards offer features like no international transaction fees and easy management through the mobile app.
You can compare Macquarie Bank credit cards to find a product that best suits your needs below:
Low rate credit cards
A low rate credit card can be good to have if you don’t regularly pay your balances in full each month. The Macquarie Visa RateSaver Card comes with a balance transfer offer for months as well as up to 55 interest-free days on purchases. Please note that this card also comes with an annual fee.
Rewards credit cards
Macquarie Bank currently offers cards linked to the bank's own rewards program. If you like the idea of earning reward points as you spend, you can compare your rewards credit card options below.
Platinum credit cards
The Macquarie Bank Platinum Card offers rewards and perks including complimentary insurances and a 24/7 concierge service. It has a higher annual fee and interest rate than more basic cards, so it's important that the value of the extra features outweigh the cost of the card.
Black credit cards
The Macquarie Bank Black Card offers even more perks than the platinum card, including airport lounge access, higher earn reward points rates and concierge services. Just keep in mind that it also has a higher annual fee.
Benefits of banking with Macquarie Bank
Banking with this institution allows you to have all your financial needs met under a single umbrella, be it through savings accounts, transaction accounts, term deposits, loans, online trading, specialist investments or financial advice. Getting a credit card through Macquarie comes with a number of advantages.
Round-the-clock service
You can access the Macquarie Bank service centre at any time by calling (02) 8232 3333.
Reward points
The Macquarie Platinum and Macquarie Black credit cards both offer Macquarie Rewards points per $1 on eligible spending. You can redeem these points for eGift cards at eligible retailers including Woolworths, Bunnings Warehouse, JB Hi-Fi and Amazon.
Visa benefits
Macquarie credit cards offer worldwide acceptance though the Visa network. You'll also get access to exclusive offers on shopping, dining, travel and more through Visa Offers + Perks.
Applying for a Macquarie Bank credit card
You can apply for a Macquarie Bank Credit Card by visiting any of the bank’s branches, over the phone or online. Before you apply, make sure you've met the eligibility requirements and organised the following information:
Eligibility criteria
You’re older than 18 years of age
You’re a permanent Australian resident
You have good credit history
You meet the minimum income requirements (which vary from card to card)
Required documents
Applicant details. These include your complete name, date of birth, marital status, number of dependent children and driver’s license number.
Identification details. This section requires your mother’s maiden name as well as the name and phone number of a friend or relative who does not share the same address with you.
Contact details. Enter your residential address, time spent at this address, phone numbers and email address.
Professional details. This section requires your employment status, occupation, name of your employer, time at current job, your employer’s contact details, your gross annual income and income from other sources.
Expenses. You have to provide details about rent, mortgage repayments, living expenses, your total available credit limit on existing credit cards and the minimum repayments towards other loans.
What happens next?
You might receive a call from a Macquarie Bank representative if the bank needs any extra information. If you let your employer’s payroll department know of an impending income verification call in advance, the process can move a little quicker. New Macquarie Bank customers have to go through an identity verification process, as stipulated by the Australian government. You might have to visit a branch to complete this formality.
Frequently asked questions
Listed below are a range of questions and answers about Macquarie Bank's credit cards. To ask a question that isn't listed below you can use the form at the end of this page.
Keep all the information needed to complete the application nearby, and you can complete it in around 10 to 15 minutes.
You can call Macquarie Bank directly to find out about the status of your application.
With the platinum card, you can get up to four additional cards for free.
All Macquarie Visa Platinum cardholders receive complimentary buyer's advantage cover, interstate flight inconvenience insurance and overseas travel insurance.
You earn reward points when you use your black or platinum card to make eligible transactions. Eligible transactions exclude cash advances, balance transfers, GST or government charges, payments to the Australian Tax Office, interest and other bank fees, BPAY payments or gambling transactions.
You can find out how many points you have online, over the phone, or by going through your credit card statement.
As long as you keep your account open and operate it as per the given terms and conditions, your reward points don’t expire.
No, you cannot transfer your reward points, and your points automatically cancel when your account closes.
You can redeem your Macquarie reward points through the Macquarie Rewards Program. Choose from an array of merchandise, gift cards, experiences, vouchers, and travel bookings. Redeeming Hilton Honors points presents you with options such as staying at Hilton hotels, dining in their restaurants and making purchases.
Sally McMullen was a creative content producer at Finder. Sally wrote about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong. See full bio
But which ones are Macquarie Banks home network? If I use a Redi ATM will this incur fees?
Finder
MayApril 11, 2016Finder
Hi Christine,
Thanks again for your comment.
As I mentioned in my previous comment, any Westpac, St.George or BankSA branded ATM are Macquarie Bank home network. Other than these brands, you may be charged ATM withdrawal fees.
As for using the rediATM, their partners’ cardholders can use any of the 3,000 rediATMs across Australia without receiving a direct charge fee. I’ve sent a link to your email for the list of the rediATM partners.
I hope this helps.
Cheers,
May
ChristineApril 11, 2016
When banking with Macquarie which ATM can I use that will not attract fees?
Finder
MayApril 11, 2016Finder
Hi Christine,
Thanks for your inquiry.
To avoid unnecessary ATM transaction fees, you should use ATMs that are part of the Macquarie Bank home network including any Westpac, St.George or BankSA branded ATMs where transactions are free and unlimited.
On the other hand, if you need to use an ATM that is not part of the home network, Macquarie Bank does not charge for this. But you may be charged directly by the ATM owner at the time of the transaction.
Hope this helps.
Cheers,
May
SandyFebruary 24, 2016
Hi – what banks/ providers still provide reward/QFF points for ATO payments?
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
I hope this helps.
Cheers,
Debbie
PeterDecember 9, 2015
I wish to return my unused Macquarie Credit Card so can you please advise where I should send the card to please?
Finder
DebbieDecember 9, 2015Finder
Hi Peter,
Thank you for your inquiry.
You can contact a Macquarie customer service representative directly by calling the number at the back of your credit card or going over to the Macquarie Bank website and access their contact us page.
For other information on how to cancel a credit card, please go through our step-by-step guide to closing your credit card account.
I hope this helps.
Cheers,
Debbie
GlenoSeptember 9, 2014
I currently have a Founding Member Platinum Visa Card and want to know what your best offer interest rate would be if I wish to do a Balance Transfer to this account?
Finder
ShirleySeptember 10, 2014Finder
Hi Gleno,
Thanks for your question.
At the time of writing, the BT offer for the Macquarie Bank Platinum Visa is 5.99% p.a. for 9 months.
If you’d like, you can compare more offers from our list of balance transfer credit card. On the page is a comparison table you can use to see which card suits you. Please press the ‘Go to site’ button of your preferred card to apply.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
Cheers,
Shirley
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Thank you May,
But which ones are Macquarie Banks home network? If I use a Redi ATM will this incur fees?
Hi Christine,
Thanks again for your comment.
As I mentioned in my previous comment, any Westpac, St.George or BankSA branded ATM are Macquarie Bank home network. Other than these brands, you may be charged ATM withdrawal fees.
As for using the rediATM, their partners’ cardholders can use any of the 3,000 rediATMs across Australia without receiving a direct charge fee. I’ve sent a link to your email for the list of the rediATM partners.
I hope this helps.
Cheers,
May
When banking with Macquarie which ATM can I use that will not attract fees?
Hi Christine,
Thanks for your inquiry.
To avoid unnecessary ATM transaction fees, you should use ATMs that are part of the Macquarie Bank home network including any Westpac, St.George or BankSA branded ATMs where transactions are free and unlimited.
On the other hand, if you need to use an ATM that is not part of the home network, Macquarie Bank does not charge for this. But you may be charged directly by the ATM owner at the time of the transaction.
Hope this helps.
Cheers,
May
Hi – what banks/ providers still provide reward/QFF points for ATO payments?
Hi Sandy,
Thanks for your inquiry.
You may wish to refer on our comparison table of which credit cards can earn reward or frequent flyer points when you pay your tax bill. including their points per $1 for government charges.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
I hope this helps.
Cheers,
Debbie
I wish to return my unused Macquarie Credit Card so can you please advise where I should send the card to please?
Hi Peter,
Thank you for your inquiry.
You can contact a Macquarie customer service representative directly by calling the number at the back of your credit card or going over to the Macquarie Bank website and access their contact us page.
For other information on how to cancel a credit card, please go through our step-by-step guide to closing your credit card account.
I hope this helps.
Cheers,
Debbie
I currently have a Founding Member Platinum Visa Card and want to know what your best offer interest rate would be if I wish to do a Balance Transfer to this account?
Hi Gleno,
Thanks for your question.
At the time of writing, the BT offer for the Macquarie Bank Platinum Visa is 5.99% p.a. for 9 months.
If you’d like, you can compare more offers from our list of balance transfer credit card. On the page is a comparison table you can use to see which card suits you. Please press the ‘Go to site’ button of your preferred card to apply.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
Cheers,
Shirley