Macquarie updates Macquarie Savings Account to 4.85%
Published 20 February 2026Effective 20 February 2026
Macquarie has increased the rate on its Macquarie Savings Account savings account by 25 basis points to 4.85% p.a., from a previous rate of 4.60%.
Macquarie
Macquarie Savings Account
New Rate
4.85%
Previous rate: 4.60%+0.25%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 4.85% would earn approximately $485 per year in interest. That is $25 more per year compared to the previous rate.
Notes
Macquarie Bank increased rate by 0.25% to 4.85%
⚠️ General information only
This comparison is for informational purposes only and does not constitute financial advice. Always verify current rates and eligibility directly with the provider before making decisions. Consider whether products are appropriate for your circumstances.