Macquarie Bank Visa Platinum Credit Card – Details & Application

Posted October 2nd, 2009 and last modified October 7th, 2014

Review of the Macquarie Bank Visa Platinum Card

Benefit from travelling with Platinum and never experience blackout periods or seat restrictions with your Macquarie Bank Visa Platinum Card. You can also choose to travel on your preferred airlines and if you have enough points you can redeem them to pay for the full cost of a flight, including taxes and fees.

Product NameMacquarie Bank Platinum Visa Card
Rewards ProgramMacquarie Credit Card Rewards Program
Balance Transfer Rate0% p.a. for 9 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Purchase Rate (20.7% p.a.)
Interest Rate on Purchases20.70% p.a.
Annual Fee$200 p.a.
Interest Free Period
on Purchases
The Interest free period on purchases is the period or number of days you don't have to pay interest on your card purchases. This would usually start from the first day of your credit card statement and not when the purchase is made.
up to 55 days
Interest Rate on Cash Advances21.95% p.a.
Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Minimum Monthly Repayment2.5%
Minimum Income$50,000 p.a.
Card TypeVisa
Late Payment Fee$35
Foreign Currency Conversion Fee (VISA)3% of transaction value
Complimentary Travel InsuranceYes
Complimentary Travel Insurance Cover4 months
Available to Temporary ResidentsNo
Joint ApplicationNo

Macquarie Bank Visa Platinum Card features:

If you have an existing credit card balance you can transfer all of it to the Macquarie Bank Visa Platinum Card for a 0% p.a. for 9 months. Included features:

  • You can earn up to 1.250 rewards points on every dollar you spend.
  • Benefit from the 0% p.a. for 9 months balance transfer offer
  • Receive up to 55 interest free days on purchases.
  • Get access to exclusive Founding Member offers and events.
  • For the annual fee of $200 p.a. you get to use a fabulous Platinum credit card.
  • Get 20.70% p.a. on purchases.
  • Get 21.95% p.a. on cash advances.
  • You can receive up to four additional cards for $0.
  • Get extra security with an in-built anti-fraud chip.

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Applying for Macquarie Bank Visa Platinum Credit Card

  • You are 18 years old or over
  • You are a permanent resident of Australia
  • You have a good credit rating
  • You must earn a minimum taxable income of $50,000 per annum.

Macquarie Bank Visa Platinum Card owners get many privileges. Conditions do apply so be sure to read the small print.

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3 Responses to Macquarie Bank Visa Platinum Credit Card – Details & Application

  1. Default Gravatar
    Vikram | February 5, 2012

    how to apply this credit cad

    • Staff
      Jeremy | March 9, 2012


      This card is currently not available for application. Thanks.


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HSBC Credit Card
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No annual fee for the life of the credit card. Plus a low balance transfer offer. 17.99% p.a. 0% p.a. for 6 months $0 p.a. 21.99% p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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