1 live product
Macquarie
Best available rate
4.85%p.a.
Macquarie Savings Account
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
4.50%
Bonus
0.00%
Conditions
No monthly hoops
Finding the best rates…
Savings Accounts Comparison
Bank One
Macquarie
Best available
Up to 4.85% p.a.
Line-up
1 live product
VS
Macquarie Southern Cross Credit Union
VS
1 live product
Southern Cross Credit Union
Best available rate
4.65%p.a.
Star Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.90%
Bonus
3.75%
Conditions
Bonus rules apply
Live edge
Macquarie leads on headline savings rate by 0.20% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.20% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Macquarie | Southern Cross Credit Union |
|---|---|---|
| Max rate | 4.85% | 4.65% |
| Base rate | 4.50% | 0.90% |
| Bonus rate | 0.00% | 3.75% |
| Has conditions | No | Yes |
All Macquarie Products
Every tracked savings accounts option from Macquarie.
All Southern Cross Credit Union Products
Every tracked savings accounts option from Southern Cross Credit Union.
In March 2026, Macquarie's Macquarie Savings Account offers up to 4.85% p.a., while Southern Cross Credit Union's Star Saver reaches 4.65% p.a. (0.90% base + 3.75% bonus). Macquarie currently leads by 0.20% p.a.
Macquarie offers its top rate unconditionally, while Southern Cross Credit Union requires monthly conditions. Macquarie's rate includes an introductory component for 4 months. Macquarie's rate applies on balances up to $2,000,000.
Macquarie has 1 savings product and Southern Cross Credit Union has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Macquarie | Southern Cross Credit Union |
|---|---|---|
| Max Rate | 4.85% | 4.65% |
| Base Rate | 4.50% | 0.90% |
| Bonus Rate | 0.00% | 3.75% |
Common Questions
Macquarie vs Southern Cross Credit Union FAQs
Which bank has the better savings rate, Macquarie or Southern Cross Credit Union?
Macquarie currently offers the higher rate at 4.85% p.a., compared to 4.65% p.a. Rates are sourced from live data and change frequently.
What is Macquarie's best savings account rate in 2026?
Macquarie's best savings rate is 4.85% p.a. on the Macquarie Savings Account.
What is Southern Cross Credit Union's best savings account rate in 2026?
Southern Cross Credit Union's best savings rate is 4.65% p.a. on the Star Saver, consisting of a 0.90% base rate and 3.75% bonus rate. This rate requires meeting monthly bonus conditions.
Do Macquarie and Southern Cross Credit Union savings accounts have conditions?
Macquarie's top rate has no ongoing conditions, while Southern Cross Credit Union requires meeting bonus conditions each month to earn the full advertised rate.