Macquarie Cash Management Account

Investors can store their excess investment funds in a flexible account.

The Macquarie Cash Management Account is especially designed for the investor in mind. By providing you with fast access to your capital, you can make investment decisions in an instant. This account works for SMSF trustees, online traders and professional investors as a savings hub in between opportunities.

0.05% p.a.

Maximum variable rate


Base interest rate

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Product NameMacquarie Cash Management Account
Maximum Variable Rate0.05% p.a.
Standard Variable Rate0.05% p.a.
Monthly Account Fee$0
Minimum Opening Deposit$0
Minimum Age18

Review by

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.

Expert review

This account also had online trading integration and is SMSF ready.

Key features

No ongoing fees

There are no monthly account keeping fees or management fees when you keep your cash in this account.

Interest paid monthly

The interest is calculated on your daily balance and paid into the account monthly, giving you the opportunity to earn even more with compound interest.

How to apply

If you find that the features of the Macquarie Cash Management Account fit in with your investing style, you can complete an application online in just a few minutes by visiting Macquarie website, or download and print an application form.


In either case you are going to first want to ensure that you are eligible for this type of cash management account:

  • Minimum age. You must be at least 18 years of age in order to qualify for this account.
  • Residency requirements. All eligible applicants must be an Australian resident with a verifiable residential address.


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    Default Gravatar
    February 12, 2020

    Does interest get paid on the first $5,000 or only on the balance above $5,000?

      Avatarfinder Customer Care
      February 12, 2020

      Hi Staven,

      Thank you for your comment.

      The interest on the Cash Management account is calculated using stepped interest rates, which means that you’ll be paid a different interest rate for different portions of your balance. Balances between $0 and $4,999.99 will not earn interest and any balance above $5,000 will earn the interest rate, hence, you’ll earn interest for the first balances of $5,000 +.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      Hope this helps.


    Default Gravatar
    December 3, 2017

    I have a cash management account. Can I get a debit card to go with it??

      Avatarfinder Customer Care
      December 3, 2017

      Hi Clare,

      Thanks for your question.

      The Macquarie Cash Management account does not come with a debit card. However, if you want to withdraw or get money from this account, you have several options available:

      1. Transfer money to any Australian bank account
      2. Use BPAY to make payments
      3. Set-up a one-off or recurring payments.

      I hope this helps.


    Default Gravatar
    September 8, 2016

    With a Cash Management Account, are you required to regularly deposit funds? I am considering the Macquarie Bank Cash Management Account.

      Avatarfinder Customer Care
      September 9, 2016

      Hi Pauline,

      Thanks for your question.

      There’s no minimum deposit required per month on this account, although it should be noted lack of any transactions for up to 3 years may qualify it as unclaimed money. However your bank should notify you before unclaimed money is handed over to ASIC.

      Hope this helps.


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