Macquarie Platinum Transaction Account
A debit Mastercard and free access to domestic ATMs make it convenient for you to access your money.
Macquarie Transaction Account is designed to help you minimise fees and earn cash payments. here are no international purchase fees when you shop online or overseas, no monthly fees and you can earn competitive interest rates on balances over $5,000. You also have free access your money at any domestic ATMs using a linked Macquarie debit Mastercard.
Account keeping fee
ATM withdrawal fee
Overseas ATM withdrawal fee
Free rediATM access
With a Macquarie Platinum Transaction Account, you can enjoy free access to the rediATM network in Australia. While Macquarie doesn't charge you for using an ATM outside the rediATM network, third party fees may apply
Minimum deposit of $4,000 per month
You must deposit a minimum of $4,000 into your Macquarie Platinum Transaction Account each month.
No monthly fees
There are no monthly fees to pay on this account.
No international purchase fees
When you use your debit Mastercard to shop overseas or online, you will not have to pay any international purchase fees.
Earn interest on your balance
If your account balance is $5,000 or greater, the Macquarie Platinum Transaction Account allows your balance to earn interest. Check with the bank for current rates.
Keep track of your spending via your mobile banking app, and choose to track your purchases by category, merchant or even location. It will then produce spending trends based on your personal spending habits, so you can see each month where your money is going and where you have capacity to save.
Android Pay functionality is available on all Macquarie debit and credit cards, allowing you to turn your phone into your wallet.
Purchase security cover
If you use your debit Mastercard and select '"credit"' or make a contactless payment, you will be automatically protected if any of the items you purchase are damaged or stolen within the next 90 days.
Macquarie Platinum Transaction Account holders can also take advantage of Wallet Guard, which provides a lump sum payment of up to $500 to replace valuables if your handbag or wallet is stolen.
You can access your account at any time through Macquarie's mobile and online banking portals.
Macquarie Platinum Transaction Account holders can access 24/7 concierge services to help you make a restaurant reservation, book tickets or book accommodation.
Emergency Travel Assistance Services
If you get sick or are injured while on holiday overseas, you can phone an international emergency assistance line 24/7.
Account holders can also enjoy access to exclusive entertainment, travel and shopping deals through the Mastercard Priceless Cities program.
How to applyIf the Macquarie Bank Platinum Transaction Account sounds perfect for your needs, you can apply online by visiting the Macquarie Bank website. Once there you will be able to begin an online application.
You will need to meet the following requirements in order to qualify for an account:
- Minimum age. You must be at least 18 years old.
- Contact details. You must have an Australian address, email and mobile number.
- Depository requirements. You must deposit at least $4,000 each month.
During the application process you will need to provide:
- Your personal details. You will need to provide your name, address, date of birth and contact details.
- Your Tax File Number. This is needed for taxation purposes.
What happens after I submit my application?
The application process takes about five minutes and your account will be established immediately. The Macquarie Bank Platinum Transaction Account offers a range of advantages to anyone looking for an everyday transaction account with benefits. However, make sure that you compare it with other transaction accounts to find the best account to help you manage your everyday banking.