Macquarie Visa RateSaver Credit Card

The basics

• Additional cardholders. This card allows up to 8 additional cardholders for an initial fee of $10 each. Once added, the main cardholder will manage the account and repayments.
• Digital wallets. This card is compatible with Apple Pay and Google Pay. Samsung Pay is not currently supported.
• Gambling transactions. Gambling-related transactions are not allowed with this card.

Rewards and benefits

• Complimentary travel insurance. The Macquarie Visa RateSaver Credit Card does not provide complimentary international travel insurance coverage.
• Concierge services. Cardholders do not have access to a 24/7 concierge service.
• Insurances. This card does not come with insurance, but it offers fraud protection as standard.
• Rewards points. This credit card does not earn points in the Macquarie Rewards program.
• Sign up bonus. Macquarie Bank does not offer any sign up bonus for this card.

Rates and fees

• Annual fee. The annual fee for this card is $69 p.a.
• Balance transfers. The Macquarie Visa RateSaver Credit Card offers a 0% balance transfer rate for up to 14 months. After the promotional period, any remaining balance will revert to the standard ongoing rate of 15.95% p.a. There is no fee for balance transfers.
• Cash advances. Cash advances attract interest at the rate of 15.95% p.a., with interest accruing immediately from the purchase date. Macquarie Bank will charge a one-off fee of $5 or 3%, whichever is greater.
• Foreign exchange fee. This card has no foreign transaction fees. All purchases made online or overseas in a foreign currency will incur zero fees.
• Interest-free period. Offers up to 55 days interest-free on purchases (excluding cash advances) when you have paid your previous balance in full or made the minimum payment required.
• Purchases. There is no introductory offer on purchases. All purchases will be charged the ongoing rate of 15.95% p.a.