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Macquarie Bank Savings Account 5.50% p.a. Interest Up to $250K at Macquarie Bank
Posted 11/3/2026

Macquarie Bank Savings Account 5.50% p.a. Interest Up to $250K at Macquarie Bank

FinancialBank AccountSavings Account

You can earn a solid 5.50% p.a. on your savings with no hoops to jump through, following the RBA's latest cash rate rise.

  • 5.50% p.a. on balances up to $250,000
  • 5.30% p.a. on $250,000.01 to $2,000,000
  • 4.85% p.a. on anything above $2,000,000
  • New rates kick in from 19 November 2026
  • No ongoing conditions or minimum deposits required

Just note the 5.85% p.a. Welcome rate is no longer offered on accounts opened after 11:59pm AEST Monday 14 September 2026, so existing customers still in that period keep their higher rate.

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