About Macquarie Bank credit cards
Macquarie Bank, a global financial institution operating in over 25 countries, offers a variety of financial services in Australia, including credit cards. Whether you’re after a card with competitive interest rates, premium rewards, or platinum perks, Macquarie Bank provides options to suit different needs.
Important notice
As of 18 November 2022, these credit cards are only available to select customers, such as those with a Macquarie home loan or clients of Macquarie Private Bank or Business Bank who meet specific criteria. If you don’t qualify, you can compare other credit cards on our site.
Types of Macquarie Bank credit cards
Macquarie Bank offers a range of credit cards designed to match various financial preferences. Here’s a breakdown of the options:
- Low rate credit cards: The Macquarie Visa RateSaver Card features a competitive interest rate, a balance transfer offer, and up to 55 interest-free days on purchases. Keep in mind it comes with an annual fee.
- Rewards credit cards: These cards let you earn points through Macquarie’s rewards program on everyday spending, which can be redeemed for a range of rewards.
- Platinum credit cards: The Macquarie Bank Platinum Card offers premium benefits like complimentary insurance, a 24/7 concierge service, and boosted reward points, though it has a higher annual fee.
- Black credit cards: The Macquarie Bank Black Card steps it up with perks like airport lounge access, higher reward points rates, no foreign transaction fees on purchases, and concierge services, balanced by a higher annual fee.
Benefits of Macquarie Bank credit cards
Opting for a Macquarie Bank credit card brings several advantages for eligible customers:
- Round-the-clock service: Access Macquarie Bank’s service centre anytime by calling (02) 8232 3333 for support when you need it.
- Reward points: With the Platinum and Black cards, earn Macquarie Rewards points on spending, redeemable for cashback, frequent flyer points, or eGift cards at retailers like Woolworths, Bunnings Warehouse, JB Hi-Fi, and Amazon.
- Visa benefits: Enjoy worldwide acceptance through the Visa network, plus exclusive offers on shopping, dining, and travel via Visa Offers + Perks.
- All-in-one banking: Macquarie Bank provides a full suite of financial products like savings accounts, loans, and investments, making it a convenient option for managing your finances.
Eligibility criteria for Macquarie Bank credit cards
To apply for a Macquarie Bank credit card, you’ll need to meet these general requirements:
- Age: Be at least 18 years old.
- Residency: Be a permanent Australian resident.
- Credit history: Have a good credit record.
- Income: Meet the minimum income threshold, which varies by card type.
Additionally, as of 18 November 2022, you must be an existing Macquarie home loan customer or a client of Macquarie Private Bank or Business Bank to be eligible.
How to apply for a Macquarie Bank credit card
You can apply for a Macquarie Bank credit card online, over the phone, or at a branch. Before you start, ensure you meet the eligibility criteria and have the following details on hand:
- Applicant details: Full name, date of birth, marital status, number of dependents, and driver’s licence number.
- Identification details: Mother’s maiden name and contact details for a friend or relative not living with you.
- Contact details: Residential address, time at address, phone numbers, and email.
- Professional details: Employment status, occupation, employer’s name and contact details, time at current job, gross annual income, and other income sources.
- Expenses: Information on rent or mortgage repayments, living expenses, total credit limits on existing cards, and minimum repayments on other loans.
