Macquarie Bank credit cards

Compare benefits, features, rates, and fees of Macquarie Bank’s credit cards to make an informed decision about what to apply for.

By Verified by Bill Ryan Natividad   |   Updated 20 Dec 2023

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Comparing of 3 Macquarie Bank credit cards

Macquarie Black Credit Card with Macquarie Rewards

Balance transfer

N/A

Purchase rate

20.7% p.a. ongoing

Interest-free days

55 days

Annual fee

$149.00 p.a. ongoing

Highlights

  • Earn 2 Macquarie Reward points per $1 spent.
  • Earn up to $54 in gift cards when you spend $5,000 per month.
  • Up to 4 free additional card holders.

Pros

  • No international purchase fees.
  • Earn 2 Macquarie Reward points per $1 spent.
  • Macquarie Rewards points can be redeemed for virtual gift cards or as cashback.
  • $54 in gift cards when you spend $5,000 per month.
  • Up to 55 days interest-free on purchase.
  • Comes with complimentary overseas travel insurance and an extended warranty on purchases.
  • Compatible with Apple Pay and Google Pay.

Cons

  • The $149 p.a. annual fee.
  • Points can't be transferred to airline rewards programs.
  • Interest rates are about average for a rewards card, i.e. not very low.
Macquarie Visa Platinum Credit Card

Balance transfer

N/A

Purchase rate

20.7% p.a. ongoing

Interest-free days

55 days

Annual fee

$99.00 p.a. ongoing

Highlights

  • Earn up to $20 in gift cards when you spend $3,100 monthly. Terms and Conditions apply.
  • Earn 1.25 Macquarie Reward points per $1 spent.
  • Up to 4 free additional cardholders, plus room to add more at a cost.

Pros

  • No international purchase fees.
  • Up to 55 days interest-free on purchase.
  • Compatible with Apple Pay and Google Pay.

Cons

  • The $99 p.a. annual fee.
  • Samsung Pay is not supported.
  • Macquarie Rewards have no airline partners.
Macquarie Visa RateSaver Credit Card

Balance transfer

N/A

Purchase rate

15.95% p.a. ongoing

Interest-free days

55 days

Annual fee

$69.00 p.a. ongoing

Highlights

  • Enjoy a low standard interest rate of 15.95% p.a. on purchases and cash advances.
  • Up to 55 days interest-free on purchases.
  • $0 international purchase fees.

Pros

  • Low ongoing interest rate.
  • Get up to 55 interest-free days on purchases.
  • Get up to 4 additional cardholders for free.

Cons

  • No rewards program.
  • Limited travel benefits since this is a no-frills card.
  • No overseas travel insurance cover.