Credit Card Compare

Macquarie RateSaver Card

Data last updated 20 July 2026
15.95%
Purchase rate
$69
Annual fee
55 days
Interest-free

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Macquarie RateSaver Card card
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CardIQ

63Good

Good

Overall score, out of 100 · How this works

  • 55 days interest-free63
  • Low rate57
  • No foreign fee77
  • Travel56

Customer reviews

No reviews yet. Be the first to review the Macquarie RateSaver Card.

Pros & cons

What's good

  • The 15.95% p.a. purchase rate is below the 18.99% p.a. market median.
  • No foreign transaction fee on overseas or online spending.
  • No fee to add an additional cardholder.

Worth noting

  • Earns no rewards points on spending.
  • No balance transfer or introductory purchase offer.

Card details

The basics

Additional cardholder fee
$0 p.a.
Card tier
Standard
Card type
Visa
Card use
Personal
Credit limit
$2,000 – $100,000
Credit rating
Good
Rewards program
None

Eligibility

Instant approval
No
Joint application
No
Minimum age
18 years old
Minimum income
$50,000 p.a.
Residency
Australian citizen or permanent resident
Temporary residents
Not eligible

Rates & fees

Ongoing interest rates

Cash advances
15.95% p.a.
Purchases
15.95% p.a.

Fees

Additional cardholder fee
$0
Annual fee
$69 p.a.
Cash advance fee
3% of the amount
Foreign transaction fee
0%
Late payment fee
$20

Repayments

Interest-free period
Up to 55 days on purchases
Minimum repayment
2% of the closing balance or $50, whichever is greater

Balance transfers

This card has no promotional balance transfer offer. To move existing debt to a lower rate, compare balance transfer cards.

Introductory purchase offer

This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.

Rewards

This card doesn't earn rewards points. It focuses on a low cost of ownership instead. If earning points matters to you, compare frequent flyer cards and rewards cards.

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Overseas feeNo feeTied for best (1st of 200 cards)
Interest-free days55 daysTop 10% (6th of 192 cards)
Purchase rate15.95%Middle of the market (86th of 196 cards)
Annual fee$69 a yearMiddle of the market (91st of 200 cards)

Data as at August 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

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Questions and answers

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Sources

Credit Card Compare
Australian credit card statisticsHow CardIQ scores cards
Government
Product reference data (Consumer Data Right)
Issuer
Macquarie Bank