Macquarie
Macquarie Business Savings Account
A high-interest online business savings account with no fees
Savings & transaction accountsBank updated 11 June 2026
At a glance
- Base rate
- 4.15%
- Monthly fee
- $0
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | up to $250,000 | 4.65% | — | paid every 1 mo |
| Variable | — | — | $2,000,000+ | 4.15% | — | paid every 1 mo |
| Variable | — | — | $250,000–$2,000,000 | 4.65% | — | paid every 1 mo |
§ 02 — Fees · 2
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Monthly account fees | Periodic | No fee | Every 1 mo | We don't charge Monthly account fees |
| Online Payments | Transaction | No fee | — | We don't charge Transaction or Online Payment Fees. |
§ 03 — Features
Instant paymentsDigital banking
- · 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.
§ 04 — Eligibility & 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
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Macquarie Bank Limited under the Consumer Data Right, last changed by them on 11 June 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.