See how to apply for the Macquarie RateSaver card if you value both convenience and savings! But first, you need to know if your profile can be approved, as some requirements are quite specific.
Currently, Macquarie credit cards are only available as part of a home loan package or for Business Bank customers.
This can be great if you need a loan, as both existing and new customers can try for approval! Plus, it’s easier to manage all your financial products in one bank, don’t you agree?
Now check out the other criteria and how to submit your application.
Do you meet all the criteria?
- You must be 18 years of age or older
- You need to be a permanent resident of Australia
- Applicants need to have a good credit rating for a higher chance of approval
- Finally, you need to show a minimum taxable income of $50,000 per year
Essential documents and information for the application:
- Email address: A valid and active email address is essential to receive important communications about your application, as well as allowing you to access your account online and through the app.
- Mobile number: Your mobile number will be used to verify your identity and to receive text messages with security codes, for example.
- Proof of income: Payslips or bank statements
- Information about debts: Do you have loans or other credit cards? If so, please indicate how much of your income is committed to these financial obligations.
- Monthly expenses: Talk about your fixed and variable costs
- Additional data: The bank may request your current employer’s address and contact information or information about your accountant if you are self-employed or retired.
What is the limit of the Macquarie RateSaver card?
Each person can receive a different credit limit as it is customized according to income, credit rating and other internal criteria.
But don’t worry, the bank works to be as fair as possible and balance a good spending limit with your financial capacity.
Regarding transaction limits, everyone can get up to $1000 in cash advances and PIN-less transactions can reach a maximum of $200.
How to apply for the Macquarie RateSaver card
If you are already a Macquarie customer, log in to your account via the app or internet banking and contact one of the consultants via live chat.
They will assist you in all stages of the application and answer your questions. If you are new, remember that this credit card is only available in a package that includes a loan.
First, you will need to open an account, so have all your documents on hand to speed things up and download the Macquarie Mobile Banking app to get started.
Account approval depends on the analysis of your documents and your income, but rest assured that the bank will keep you updated on the status.
If you need help with any document, call 1800 620 673 (+61 2 8550 5603 if calling from abroad) or contact the attendants in the live chat.
How to apply for the Macquarie RateSaver card for your trusted people:
Did you know that you can share the benefits of the primary card with other people? As long as they are at least 16 years old, you can authorize additional users to make transactions in your account.
This means that you will still be responsible for all payments and can track all balances, limits, and expenses.
To request, simply fill out the registration in the ‘Additional Cardholder’ section of the app and wait for approval if everything is in order.
You will be redirected to the bank’s website.