130 live products
Macquarie
Best available rate
5.59%p.a.
Macquarie Basic Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.61%
Offset
Not included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
Macquarie
Best available
From 5.59% p.a.
Line-up
130 live products
VS
Macquarie vs ME Bank
Compare Macquarie and ME Bank home loans in March 2026. Macquarie offers rates from 5.59% p.a. across 130 products, while ME Bank starts at 5.58% p.a. with 384 products. ME Bank currently has the lower rate by 0.01%.
Bank Two
VS
384 live products
ME Bank
Best available rate
5.58%p.a.
Me Bank Econome Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.60%
Offset
Not included
Redraw
Included
Live edge
ME Bank is lower on headline home loan rate by 0.01%, which is roughly $4 per month on a $500,000 loan.
0.01% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Macquarie | ME Bank |
|---|---|---|
| Interest rate | 5.59% | 5.58% |
| Comparison rate | 5.61% | 5.60% |
| Offset account | No | No |
| Redraw | Yes | Yes |
All Macquarie Products
Every tracked home loans option from Macquarie.
All ME Bank Products
Every tracked home loans option from ME Bank.
Macquarie's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) while ME Bank starts at 5.58% p.a. (comparison rate 5.60%). ME Bank is 0.01% lower, which saves approximately $4/month on a $500,000 loan.
Key features: Macquarie includes redraw, ME Bank includes redraw.
Quick Comparison
| Feature | Macquarie | ME Bank |
|---|---|---|
| Interest Rate | 5.59% | 5.58% |
| Comparison Rate | 5.61% | 5.60% |
| Offset Account | No | No |
| Redraw Facility | Yes | Yes |
Common Questions
Macquarie vs ME Bank FAQs
Which bank has a lower home loan rate, Macquarie or ME Bank?
ME Bank currently offers the lower variable rate at 5.58% p.a. compared to 5.59% p.a. Always check the comparison rate for a true cost picture.
Do Macquarie and ME Bank home loans have offset accounts?
Macquarie does not include an offset account. ME Bank does not include an offset account.
What is Macquarie's lowest home loan rate in 2026?
Macquarie's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) on the Macquarie Basic Home Loan (Variable).
What is ME Bank's lowest home loan rate in 2026?
ME Bank's lowest variable rate is 5.58% p.a. (comparison rate 5.60%) on the Me Bank Econome Home Loan (Variable).