You can open a Macquarie Transaction or Savings account for yourself or with someone else (joint account) by completing an online application via Macquarie Online Banking or via the Macquarie Mobile Banking app. We’ve designed this process to be quick and easy.
Before you can open an account, we’ll verify your identity and may ask you for some additional information. See what you need to open an account.
Macquarie Transaction and Savings account can only be opened by the account applicant under either individual or joint names. This means you cannot open a Macquarie Transaction or Savings account on behalf of another, even if you hold a Power of Attorney or Enduring Power of Attorney.
To open (and keep open) an account, you must be over 12 years of age, reside in Australia at the time of application and have:
This is a digital-only account and therefore you must have internet access and an electronic device to operate this product.
An application may be unsuccessful if your circumstances didn’t meet certain acceptance criteria or regulatory conditions for the product. We recommend reading our terms and conditions before applying.
To open (and keep open) a Savings Account, you must hold a Transaction Account, either held individually or jointly held with someone else.
If this is your first time with Macquarie:
Once you open a Macquarie Transaction Account, you can open a savings account with the steps below.
If this is your first time with Macquarie:
Once you open a Macquarie Transaction Account, you can link a savings account with the steps below.
If you’re an existing Macquarie customer, you’ll need to hold a Macquarie Transaction account before opening a savings account.
You must open a joint Macquarie transaction account before opening a joint savings account.
To open a joint account, you will need to start an application via Macquarie Online Banking or the Macquarie Mobile Banking app as per the instructions set out in How to open an account.
During your application, you will need to instruct us to open a joint account by selecting ‘Yes, open with someone’ when prompted. You can then choose to complete the application together or invite your joint account holder to join your application and complete it in their own time.
You can choose to complete the joint application together, where both account holders must provide their own details and submit the application.
You can choose to complete the application separately by inviting your joint account holder to complete the application at a time that suits them.
If the joint account holder is an existing customer, you’ll need to provide the following details within the application:
They’ll then receive a push notification and email to approve or deny the application on their online banking. You will also be able to view whether your joint account holder has approved or declined the request.
If your joint account holder is new to Macquarie Bank, provide their above details with their preferred email address. They will then receive an email and SMS with a unique code and instructions on how to join the application.
Please note, each joint account holder must provide their own email address and mobile number, these details cannot be the same.
Log in to Macquarie Online Banking or the Macquarie Mobile Banking app and chat with a consultant in real time, Monday to Friday, 9am to 5pm Sydney time (excluding public holidays).
Please get in touch as soon as possible so we can work together to find the right solution for you.
Everyone at Macquarie is committed to providing our clients with the highest standard of products and services available. If you have feedback we would like you to tell us about it.
