RichardL 
Via an e-mail received from Macquarie:
“We’re increasing the interest rate on our Macquarie Savings Account to 5.00% p.a. for balances up to $1m.
You’ll continue to enjoy no deposit conditions, an award-winning digital experience and supercharged account security.
There’s nothing you need to do – this new rate will be automatically applied to your savings account from Thursday 17 October 2024.
Alongside the increased savings rate, we’re reducing the interest rate for our Macquarie Transaction Account. The new rate of 2.75% p.a. is market-leading for our award-winning transaction account and will be effective from Thursday 17 October 2024.”
Macquarie Savings Account new interest rates:
Balances up to $1m 5.00% p.a.
Balances above $1m 2.75% p.a.
Macquarie Transaction Account new interest rate:
2.75% p.a.
