Macquarie Bank Visa Platinum Credit Card – Details & Application

Rates and Fees verified correct on May 21st, 2015

Get exclusive access and invitations to selected events with the Macquarie Bank Visa Platinum Card

Boost your rewards benefits with high points-earning potential and a rewards program that offers an extensive range of travel bookings, experiences, vouchers/gift cards, entertainment and merchandise.

With a Macquarie Bank Visa Platinum Card you can travel the world in style and with peace of mind and confidence with a range of complimentary insurance.

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. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
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.
$6,000
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
Minimum Income$50,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating RequirementGood
Min 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.
$6,000
Annual Fee$200 p.a.
Minimum Repayment2.5%
Late Payment Fee$35
Over Limit Fee$30
Cash Advance Fee$5 or 3% of the value of the transaction
Foreign Currency Conversion Fee (VISA)3% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$0
Number of Additional Cardholders4
BPAYYes
ChequeYes
Direct DebitYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes
Rewards ProgramMacquarie Credit Card Rewards Program
Bonus Points on Sign-up40,000
Rewards Points per $ (VISA/MC)1.25
Rewards Points per $ (AMEX)0
Rewards Points per $ (VISA/MC) Cap250,000
Rewards Points per $ (AMEX) CapN/A
Points ExpiryNever

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.

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 1.25 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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This page was last modified on 19 January 2015 at 17:13.

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

  1. Default Gravatar
    Paul | January 30, 2015

    Can I deposit money into my credit card to make payment into the card account

    • Staff
      Jonathan | January 30, 2015

      Hi Paul,

      Thanks for your inquiry!

      Deposits into the account are available by the following methods; BPAY, Cheque, Direct Debit, Phone banking, Internet banking transfers, In branch and mail.

      I hope this helps!

      Cheers,

      Jonathan

  2. Default Gravatar
    Vikram | February 5, 2012

    how to apply this credit cad

    • Staff
      Jeremy | March 9, 2012

      Hi,

      This card is currently not available for application. Thanks.

      Cheers,
      Jeremy

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