The Mac
Every product The Mac publishes under the Consumer Data Right, with its rates set beside every other bank's. It last changed one on 3 Nov 2026.
- Deposits are covered by the government's Financial Claims Scheme up to $250,000 per account holder. Who shares a cap
- Australian credit licence and AFS licence 239933, held by Macarthur Credit Union Ltd; credit licence since 1 March 2011. ASIC register
47 products in 4 categories
The Mac's rates today
The Mac's best rate in each category, next to the best you'll find anywhere and the typical institution's best, as of 7 November 2026. Only products anyone can apply for are counted.
Where The Mac sits among every institution's best
| Rate | The Mac | Best anywhere | Typical institution |
|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.99%LOW LVR OOC P&I | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions |
| 3-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.49%GOVT LOW DEP 3YR FIXED OOC PI | 6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package | 6.69%of 80 institutions |
| Savings accountBase plus any bonus, when its conditions are met | 2.00%CHRISTMAS SAVER | 5.75%Defence Bank Limited's iSaver | 4.85%of 73 institutions |
| 12-month term depositBest rate for a 12-month term | 5.20%TERM SAVINGS I4 | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 9.49%SECURED PERSONAL FIXED | 5.80%Plenti Personal Loan | 7.96%of 68 institutions |
The Mac home loan repayments
Repayments at The Mac's lowest published rate for each loan type: owner occupier at 80% LVR unless marked investor, principal and interest, products open to anyone.
- VariableLOW LVR OOC P&I6.99%7.06% comparison$3,988a month
$835,603 in interest, $1,435,603 repaid in all
- 1-year fixedGOVT LOW DEP 1YR FIXED OOC PI6.59%6.28% comparison$3,828a month
$778,077 in interest, $1,378,077 repaid in all
- 2-year fixedGOVT LOW DEP 2YR FIXED OOC PI6.59%6.32% comparison$3,828a month
$778,077 in interest, $1,378,077 repaid in all
- 3-year fixedGOVT LOW DEP 3YR FIXED OOC PI6.49%6.33% comparison$3,788a month
$763,847 in interest, $1,363,847 repaid in all
- Investor variableLOW LVR INV P&I HOME LOAN7.29%7.36% comparison$4,109a month
$879,366 in interest, $1,479,366 repaid in all
Principal and interest, monthly, as if the rate held for the whole term: a fixed rate reverts to a variable one when the fixed period ends. Fees, offsets and extra repayments aren't included; the repayment calculator handles those. Not The Mac's own calculator: confirm the rate with The Mac before you apply.
The Mac home loan rates
Compare across banks28 products
Its lowest owner-occupier variable home loan rate (principal and interest, 80% LVR) is 6.99%, with a comparison rate of 7.06%, on its LOW LVR OOC P&I: 92nd lowest of 104 lenders.
- 2 YEAR DISCOUNTED BASIC VARIABLE LOAN OWNER OCCUPIED P&I
- Features
- redraw, extra repayments
- BASIC VARIABLE LOAN INVESTOR IO
- Features
- redraw, extra repayments
- BASIC VARIABLE LOAN INVESTOR P&I
- Variable (investor P&I)
- 8.17%
- Features
- redraw, extra repayments
- BASIC VARIABLE LOAN OWNER OCCUPIED P&I
- Variable (owner occ. P&I)
- 8.17%, 8.24% comparison
- Features
- redraw, extra repayments
- BASIC VARIABLE LOAN OWNER OCCUPIED P&I >750K
- Variable (owner occ. P&I)
- 7.87%, 7.94% comparison
- Features
- redraw, extra repayments
- BASIC VARIABLE LOAN OWNER OCCUPIED P&I 250K TO 500K
- Variable (owner occ. P&I)
- 8.07%, 8.14% comparison
- Features
- redraw, extra repayments
- BASIC VARIABLE LOAN OWNER OCCUPIED P&I 500K TO 750K
- Variable (owner occ. P&I)
- 7.97%, 8.04% comparison
- Features
- redraw, extra repayments
- BRIDGING LOAN
- Features
- redraw, extra repayments
- FIRST HOME BUYERS OWNER OCCUPIED P&I
- Variable (owner occ. P&I)
- 6.17%, 6.24% comparison
- Features
- redraw, extra repayments
- GOVT LOW DEP 1YR FIXED OOC PI
- Fixed
- 1 yr 6.59%
- Features
- redraw, extra repayments
- GOVT LOW DEP 2YR FIXED OOC PI
- Fixed
- 2 yrs 6.59%
- Features
- redraw, extra repayments
- GOVT LOW DEP 3YR FIXED OOC PI
- Fixed
- 3 yrs 6.49%
- Features
- redraw, extra repayments
- GOVT LOW DEP VARIABLE OOC PI
- Features
- redraw, extra repayments
- LOW LVR INV IO HOME LOAN
- Features
- redraw, extra repayments
- LOW LVR INV P&I HOME LOAN
- Variable (investor P&I)
- 7.29%
- Features
- redraw, extra repayments
- LOW LVR OOC P&I
- Variable (owner occ. P&I)
- 6.99%, 7.06% comparison
- Features
- redraw, extra repayments
- MORTGAGE 1YR FIXED INV IO
- Features
- redraw, extra repayments
- MORTGAGE 1YR FIXED INVESTOR P&I
- Features
- redraw, extra repayments
- MORTGAGE 1YR FIXED OWNER OCCUPIED P&I
- Fixed
- 1 yr 6.59%
- Features
- redraw, extra repayments
- MORTGAGE 2YR FIXED INVESTOR IO
- Features
- redraw, extra repayments
- MORTGAGE 2YR FIXED INVESTOR P&I
- Features
- redraw, extra repayments
- MORTGAGE 2YR FIXED OWNER OCCUPIED P&I
- Fixed
- 2 yrs 6.59%
- Features
- redraw, extra repayments
- MORTGAGE 3YR FIXED INVESTOR IO
- Features
- redraw, extra repayments
- MORTGAGE 3YR FIXED INVESTOR P&I
- Features
- redraw, extra repayments
- MORTGAGE 3YR FIXED OWNER OCCUPIED P&I
- Fixed
- 3 yrs 6.49%
- Features
- redraw, extra repayments
- MORTGAGE OFFSET INVESTOR IO
- Features
- offset, redraw, extra repayments
- MORTGAGE OFFSET INVESTOR PI
- Variable (investor P&I)
- 8.17%
- Features
- offset, redraw, extra repayments
- MORTGAGE OFFSET OWNER OCCUPIED P&I
- Variable (owner occ. P&I)
- 8.17%, 8.24% comparison
- Features
- offset, redraw, extra repayments
The Mac savings and transaction account rates
Compare across banks13 products
Its highest savings rate is 2.00%, on its CHRISTMAS SAVER: 63rd highest of 84 institutions.
- CHRISTMAS SAVER
- Base rate
- 2.00%
- eSaver
- Base rate
- 2.00%
- FREEDOM YEARS
- Base rate
- 0.02%
- MINI MAC BONUS SAVER
- Pricing
- Rates on application
- SAVINGS 1
- Base rate
- 0.00%
- SAVINGS 2
- Base rate
- 0.00%
- SAVINGS 3
- Base rate
- 0.00%
- SAVINGS 4
- Base rate
- 0.00%
- SAVINGS 5
- Base rate
- 0.00%
- SAVINGS 6
- Base rate
- 0.00%
- SAVINGS 7
- Base rate
- 0.00%
- SAVINGS 8
- Base rate
- 0.00%
- YOUTH SAVER ACCOUNT
- Pricing
- Rates on application
The Mac term deposit rates
Compare across banks3 products
Its highest 12-month term deposit rate is 5.20%, on its TERM SAVINGS I4: 47th highest of 65 institutions, level with 5 others.
| Rate | The Mac | Best anywhere | Typical institution |
|---|---|---|---|
| 3-month term depositBest rate for 3 months | 3.50%TERM SAVINGS I4 | 5.30%Heartland Bank's Broker Term Deposit | 4.60%of 55 institutions |
| 6-month term depositBest rate for 6 months | 4.90%TERM SAVINGS I4 | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions |
| 12-month term depositBest rate for 12 months | 5.20%TERM SAVINGS I4 | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| 2-year term depositBest rate for 2 years | 3.70%TERM SAVINGS I4 | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions |
The Mac personal loan rates
Compare across banks3 products
Its lowest advertised personal loan rate is 6.29% fixed, with a comparison rate of 6.66%, on its NEW CAR LOAN FIXED: 14th lowest of 69 lenders, level with 2 others.
Has The Mac passed on the RBA's November 2026 rate rise?
The Mac hasn't changed its published variable home loan rates since the RBA's 4 Nov 2026 rise.
Its published savings rates haven't moved since the RBA's 4 Nov 2026 rise.
Tue 3 Nov
The Mac lifted 4 savings rates by 0.10 to 0.50 percentage points.
0.10 to 0.50- FREEDOM YEARS (2 rates)
- CHRISTMAS SAVER (1 rate)
- eSaver (1 rate)
Sat 31 Oct
The Mac lifted 15 variable home loan rates by 0.25 percentage points.
0.25- BRIDGING LOAN (1 rate)
- FIRST HOME BUYERS OWNER OCCUPIED P&I (1 rate)
- LOW LVR INV IO HOME LOAN (1 rate)
- LOW LVR INV P&I HOME LOAN (1 rate)
- LOW LVR OOC P&I (1 rate)
- GOVT LOW DEP VARIABLE OOC PI (1 rate)
- BASIC VARIABLE LOAN INVESTOR P&I (1 rate)
- BASIC VARIABLE LOAN OWNER OCCUPIED P&I (1 rate)
- BASIC VARIABLE LOAN OWNER OCCUPIED P&I 250K TO 500K (1 rate)
- BASIC VARIABLE LOAN OWNER OCCUPIED P&I 500K TO 750K (1 rate)
- and 5 more
The Mac lifted 10 fixed home loan rates by 0.10 to 0.30 percentage points.
0.10 to 0.30- MORTGAGE 1YR FIXED INV IO (1 rate)
- MORTGAGE 1YR FIXED INVESTOR P&I (1 rate)
- MORTGAGE 1YR FIXED OWNER OCCUPIED P&I (1 rate)
- MORTGAGE 2YR FIXED INVESTOR IO (1 rate)
- MORTGAGE 2YR FIXED INVESTOR P&I (1 rate)
- MORTGAGE 2YR FIXED OWNER OCCUPIED P&I (1 rate)
- MORTGAGE 3YR FIXED OWNER OCCUPIED P&I (1 rate)
- GOVT LOW DEP 1YR FIXED OOC PI (1 rate)
- GOVT LOW DEP 2YR FIXED OOC PI (1 rate)
- GOVT LOW DEP 3YR FIXED OOC PI (1 rate)
The Mac lifted 2 personal loan rates by 0.10 to 0.20 percentage points.
0.10 to 0.20- NEW CAR LOAN FIXED (1 rate)
- SECURED PERSONAL FIXED (1 rate)
Tue 20 Oct
The Mac lifted 5 term deposit rates by 0.10 to 0.20 percentage points.
0.10 to 0.20- MINI MAC TERM DEPOSIT (1 rate)
- YOUTH SAVER TERM DEP. (1 rate)
- TERM SAVINGS I4 (3 rates)
Published by The Mac under the Consumer Data Right, last changed by them on 3 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.