The Macquarie RateSaver Card offers exceptional value with low fees and interest rates, making it a smart choice for those seeking simplicity and savings.
What you need to know about this credit card:
- Low annual fee of $69: Keep more money in your pocket with one of the lowest fees around.
- Low interest rate of 15.95% p.a.: Save on interest charges with a competitive rate on purchases.
- Up to 55 days interest-free on purchases: Manage your finances better with extended interest-free periods.
- Minimum income requirement: $50,000 per annum: Ensure you meet the income criteria before applying.
Pros
- No international purchase fees: Shop overseas or online without extra charges, thanks to zero international transaction fees.
- Visa Zero Liability protection: Stay secure with protection against unauthorized transactions.
- Advanced fraud monitoring: Enjoy peace of mind with 24/7 account monitoring for suspicious activity.
- Apple Pay and Google Pay compatibility: Conveniently pay with your mobile or wearable devices.
- Quick digital wallet setup: Continue using mobile payments even if your card is lost or damaged.
Cons
- Minimum income requirement: Applicants need a minimum income of $50,000, which may exclude some individuals.
- Limited rewards program: The RateSaver Card focuses on low fees over rewards, offering no points or cashback.
Why Choose Macquarie for your credit card?
Compared to Commonwealth Bank’s standard card, Macquarie offers lower annual fees, so you save more each year.
While Westpac charges international fees, the RateSaver Card lets you shop overseas fee-free, giving you more value.
Unlike NAB’s higher interest rates, Macquarie’s 15.95% p.a. rate helps reduce your interest expenses.
ANZ’s credit cards may lack extensive digital features; however, Macquarie provides award-winning online banking and mobile payments.
HSBC may have stricter eligibility, but Macquarie’s straightforward requirements make the RateSaver Card more accessible.
Macquarie RateSaver Card: let’s get to know it a little better
How to apply for your Macquarie RateSaver Card
Ready to start saving with the Macquarie RateSaver Card? Discover how low fees and great features can benefit you. Click below to learn all the details and take the first step towards smarter spending!