In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.
Macquarie Platinum Card
Terms and conditions apply
Purchase rate
20.7% p.a.
Reward points per $ spent
Annual fee
$99 p.a.
Interest-free on purchases
Up to 55 days

Our verdict

Offers no foreign transaction fees, complimentary travel insurance and a 24/7 concierge service, with a $99 p.a. annual fee.

Complimentary overseas travel insurance, interstate flight inconvenience insurance and a concierge service are among the perks you can get with a Macquarie Platinum credit card. You also earn a competitive 1.25 points per $1 spent on eligible purchases, with the option of redeeming them for either eGift cards or cashback through Macquarie Rewards.


  • 0% international transaction fees
  • Up to 55 days interest-free on purchases
  • Up to 4 additional cardholders at no extra cost


  • Relatively high purchase rate of 20.7% p.a.

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
From 1 July 2024, the annual fee will increase from $99 to $149.

The Macquarie Platinum Credit Card offers up to 55 days interest-free on purchases if you repay the total amount listed on your statement by the due date. Otherwise, a 20.7% p.a. interest rate applies to purchases.


Product details

Product Name Macquarie Platinum Card
Purchase rate p.a. 20.7%
Interest-free period Up to 55 days on purchases
Cash advance rate p.a. 20.7%
Min credit limit $6,000
Card type Visa


Available to temporary residents No
Minimum income $50,000
Joint application No


Rewards program Macquarie Credit Card Rewards Program
Bonus points N/A
Rewards points per $ spent 1.25
Rewards points cap 200,000


Annual fee $99
Minimum monthly repayment 2.5% of the closing balance or $50, whichever is greater
Late payment fee $20
Foreign currency conversion fee 0%
Cash advance fee 3% or $5, whichever is greater
Additional cardholder fee $0
Number of additional cardholders 4

How to apply

Macquarie Bank credit cards are currently only available as part of a Macquarie home loan package or for Macquarie Private Bank or Business Bank clients that meet certain criteria. You'll also need to meet the following eligibility requirements and have all the required documents and details to complete your application.

Eligibility criteria

  • Minimum income. You must have a taxable income of at least $50,000 p.a.
  • Residency. You must be an Australian citizen or permanent resident.

Card benefits

  • 0% foreign transaction fees. The Macquarie Platinum credit card can save you money with 0% foreign transaction fees on overseas and online purchases made in a foreign currency.
  • Macquarie Rewards program. This card offers 1.25 points per $1 on eligible purchases for spending of up to $200,000 per year. Eligible transactions cover most everyday transactions including groceries, petrol, dining, travel bookings and retail purchases. Transactions that don't earn points include cash advances and BPAY payments. The Macquarie Reward points you earn can be redeemed for eGift cards or cashback via the Macquarie Mobile Banking app or Macquarie online.

Rates & fees

  • Annual fee. This card charges an annual fee of $99 p.a.
  • Purchase rate. The 20.7% p.a. interest rate on this card is similar to the purchase rates of other rewards cards.

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October 25, 2016

Is there a cap on points per month or year? Which airlines can points be transferred to? How many visits to airport lounges per year and which lounge is available for use?


Anndy Lou Finder

October 27, 2016

Hi Mark,

Thanks for your questions.

For Macquarie Platinum Card, there is a yearly cap of 250,000 rewards points.

Unfortunately, the Macquarie Platinum Card does not offer complimentary airport lounge access. The points also can’t be transferred to any frequent flyer program.



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September 20, 2016

Am I able to balance transfer from a card not under my name? I also used to have a jetstar card from last year is the balance transfer offer still available to me?


Arra Salas Finder

September 20, 2016

Hi Leo,

Thanks for your inquiry.

To answer your first question, balance transfer between two people’s names is allowed by Macquarie Bank according to our balance transfer criteria guide.

However, please take note that balance transfer is not possible between any account issued by Macquarie Bank and your account. It has to come from another bank or financial institution for the transfer to be accepted.

For your next question, yes, the balance transfer offer is still available. However, the application for the Macquarie Platinum credit card is currently not available on our site. Should you wish to proceed with the application, you’ll need to visit the Macquarie Bank’s website.

I hope this has helped.



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December 27, 2015

Does the new Macqaurie Bank Black card offer airport lounge access passes


Ysa Finder

December 28, 2015

Hi Johno,

Thanks for your inquiry.

The Macquarie Bank Black Card does not offer complimentary airport lounge access.

We have a range of credit cards with free airport lounge access to compare. You can press the “Go to site” button of your preferred credit card to proceed with your application. You can also contact the provider if you have specific inquiries.

A gentle reminder, please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you apply for the credit card.

I hope this helps.



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January 30, 2015

Can I deposit money into my credit card to make payment into the card account


Jonathan Finder

January 30, 2015

Hi Paul,

Thanks for your inquiry!

Deposits into the account are available by the following methods; BPAY, Cheque, Direct Debit, Phone banking, Internet banking transfers, In branch and mail.

I hope this helps!




Vikram R

February 05, 2012

how to apply this credit cad


Jeremy Finder

March 08, 2012


This card is currently not available for application. Thanks.



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