Macquarie Bank
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Macquarie Bank Credit Cards

Macquarie Bank credit cards give you the ability to earn rewards, enjoy platinum features or take advantage of a low interest rate.

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Sally McMullen

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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.

Compare credit cards from Macquarie Bank

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Name Purchase rate p.a. Annual fee Balance transfer rate p.a. Amount Saved
Macquarie Platinum Card
Macquarie Credit Card Rewards Program
Purchase rate p.a.
20.7%
Annual fee
$99
Balance transfer rate p.a.
More Info
 Save with 0% international transaction fees on purchases. Plus, earn 1.25 points per $1 spent.
Macquarie Black Card
Macquarie Credit Card Rewards Program
Purchase rate p.a.
20.7%
Annual fee
$149
Balance transfer rate p.a.
More Info
 Get 2 points per $1 spent and complimentary travel insurance. Plus, 0% foreign transaction fees.
Macquarie RateSaver Card
Purchase rate p.a.
15.95%
Annual fee
$69
Balance transfer rate p.a.
More Info
 Receive no foreign transaction fees and up to 55 days interest-free on purchases. Plus, exclusive offers from Visa Offers + Perks.
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Types of credit cards that Macquarie Bank offers

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.

More guides on Finder

  • Macquarie Rewards Program

    Choose between cashback on your account or digital gift cards when you earn and redeem points through the Macquarie Rewards program.
  • Macquarie Black Card

    The Macquarie Black credit card earns 2 points per $1 spent, which you can use to get digital gift cards or cash back on your account.
  • Macquarie Platinum Credit Card

    The Macquarie Platinum gives you access to rewards, complimentary travel insurance and a concierge service.
  • Macquarie RateSaver Card

    This low-cost credit card has the same interest rate for purchases and cash advances.

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12 Responses

    Default Gravatar
    ChristineApril 11, 2016

    Thank you May,

    But which ones are Macquarie Banks home network? If I use a Redi ATM will this incur fees?

    Reply
      AvatarFinder
      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

      Reply
    Default Gravatar
    ChristineApril 11, 2016

    When banking with Macquarie which ATM can I use that will not attract fees?

    Reply
      AvatarFinder
      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

      Reply
    Default Gravatar
    SandyFebruary 24, 2016

    Hi – what banks/ providers still provide reward/QFF points for ATO payments?

    Reply
      AvatarFinder
      DebbieFebruary 24, 2016Finder

      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

      Reply
    Default Gravatar
    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?

    Reply
      AvatarFinder
      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

      Reply
    Default Gravatar
    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?

    Reply
      AvatarFinder
      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

      Reply
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