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 vs Up
Compare Macquarie and Up savings accounts side by side. In March 2026, Macquarie offers 1 account with rates up to 4.85% p.a., while Up has 1 account reaching 4.85% p.a.
Bank Two
VS
1 live product
Up
Best available rate
4.85%p.a.
Up Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.00%
Bonus
4.85%
Conditions
Bonus rules apply
Live edge
Macquarie and Up are level on headline savings rate. Base rate and bonus conditions will decide the better real-world option.
Rates level
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Macquarie | Up |
|---|---|---|
| Max rate | 4.85% | 4.85% |
| Base rate | 4.50% | 0.00% |
| Bonus rate | 0.00% | 4.85% |
| Has conditions | No | Yes |
All Macquarie Products
Every tracked savings accounts option from Macquarie.
All Up Products
Every tracked savings accounts option from Up.
In March 2026, Macquarie's Macquarie Savings Account offers up to 4.85% p.a., while Up's Up Saver reaches 4.85% p.a.. Both banks are offering the same headline rate.
Macquarie offers its top rate unconditionally, while Up 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 Up has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Macquarie | Up |
|---|---|---|
| Max Rate | 4.85% | 4.85% |
| Base Rate | 4.50% | 0.00% |
| Bonus Rate | 0.00% | 4.85% |
| Conditions Required |
Common Questions
Macquarie vs Up FAQs
Which bank has the better savings rate, Macquarie or Up?
Macquarie currently offers the higher rate at 4.85% p.a., compared to 4.85% 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 Up's best savings account rate in 2026?
Up's best savings rate is 4.85% p.a. on the Up Saver. This rate requires meeting monthly bonus conditions.
Do Macquarie and Up savings accounts have conditions?
Macquarie's top rate has no ongoing conditions, while Up requires meeting bonus conditions each month to earn the full advertised rate.