MacquarieMacquarie Business Savings Account
A high-interest online business savings account with no fees
At a glance
- Base rate
- 4.40%
- Monthly fee
- $0
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Each institution's best interest-paying business account, base plus any bonus. One dot per institution, at its highest business savings rate anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business savings accountEach institution's best interest-paying business account, base plus any bonus | 4.40% | 5.40%Great Southern Bank Business+'s Business+ Saver | 0.55%of 34 institutions | 3rd highest of 34 |
Rates
Every rate Macquarie publishes for this account, 3 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | up to $250,000 | 4.90% | - | paid every 1 mo |
| Variable | - | - | $2,000,000+ | 4.40% | - | paid every 1 mo |
| Variable | - | - | $250,000–$2,000,000 | 4.90% | - | paid every 1 mo |
Rate changes
3 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 15 Oct 2026 | Variable, up to $250,000 | 4.65% | 4.90% | up 0.25 |
| 15 Oct 2026 | Variable, $2,000,000+ | 4.15% | 4.40% | up 0.25 |
| 15 Oct 2026 | Variable, $250,000–$2,000,000 | 4.65% | 4.90% | up 0.25 |
Each change is logged the night it appears in the rates Macquarie Bank Limited publishes. See how every lender answered the RBA on the rate tracker.
Fees
2 fees published, grouped by when they're charged.
While you hold it1
- Monthly account fees
We don't charge Monthly account fees
No fee
When you make a transaction1
- Online Payments
We don't charge Transaction or Online Payment Fees.
No fee
Features
- Pay Anyone Payments
- Direct Credit
- Direct Debit
- Internal Transfer
- Daily Pay Anyone Payment limit. The $100,000 limit is applicable for customers who use the Macquarie Authenticator App and are registered for Electronic Banking. Otherwise, a default limit of $2,000…
- Daily PayID Payment sub-limit. The $10,000 limit operates as a sub-limit of the daily Pay Anyone limit.
Eligibility and limits
- Minimum age 15
- Residency: An Australian residential address required
- Available to businesses
- Must have an Australian mobile phone number
- Must have a valid email address
- Only available for eligible businesses. Sole Traders and Australian Propietary Companies
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Published by Macquarie Bank Limited under the Consumer Data Right, last changed by them on 15 Oct 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.