Money / Banks
The Mac
What The Mac publishes about its products under the Consumer Data Right, as at 17 October 2026. For current details, check The Mac's own website.
Savings and transaction accounts
Rates for a $10,000 balance. Compare with other banks.
| Account | If you miss the conditions | Bonus | With the bonus | What you have to do |
|---|---|---|---|---|
| CHRISTMAS SAVER | 1.50% | – | 1.50% | No bonus |
| eSaver | 1.90% | – | 1.90% | No bonus |
| FREEDOM YEARS | 1.50% | – | 1.50% | No bonus |
Term deposits
The rate for $10,000 (or the smallest deposit it takes). Compare with other banks.
| Product | 3 months | 6 months | 12 months | 24 months | Smallest deposit |
|---|---|---|---|---|---|
| MINI MAC TERM DEPOSIT | – | – | 5.00% | – | $500 |
| TERM SAVINGS I4 | 3.50% | 4.80% | 5.00% | 3.70% | $2,000 |
| YOUTH SAVER TERM DEP. | – | – | 5.00% | – | $500 |
Home loans
Owner-occupier, principal and interest, borrowing 80% of the home's value. Compare with other banks.
| Loan | Variable | Comparison |
|---|---|---|
| BASIC VARIABLE LOAN OWNER OCCUPIED P&I | 7.92% | 7.99% |
| BASIC VARIABLE LOAN OWNER OCCUPIED P&I 250K TO 500K | 7.82% | 7.89% |
| BASIC VARIABLE LOAN OWNER OCCUPIED P&I 500K TO 750K | 7.72% | 7.79% |
| BASIC VARIABLE LOAN OWNER OCCUPIED P&I >750K | 7.62% | 7.69% |
| FIRST HOME BUYERS OWNER OCCUPIED P&I | 5.92% | 5.98% |
| GOVT LOW DEP 1YR FIXED OOC PI | – | – |
| GOVT LOW DEP 2YR FIXED OOC PI | – | – |
| GOVT LOW DEP 3YR FIXED OOC PI | – | – |
| LOW LVR OOC P&I | 6.74% | 6.81% |
| MORTGAGE 1YR FIXED OWNER OCCUPIED P&I | – | – |
| MORTGAGE 2YR FIXED OWNER OCCUPIED P&I | – | – |
| MORTGAGE 3YR FIXED OWNER OCCUPIED P&I | – | – |
| MORTGAGE OFFSET OWNER OCCUPIED P&I | 7.92% | 7.99% |
Other products in these groups
These don't list rates we can show in a table (for example, accounts that pay no interest).
- 2 YEAR DISCOUNTED BASIC VARIABLE LOAN OWNER OCCUPIED P&I Home loans
- BASIC VARIABLE LOAN INVESTOR IO Home loans
- BASIC VARIABLE LOAN INVESTOR P&I Home loans
- BRIDGING LOAN Home loans
- GOVT LOW DEP VARIABLE OOC PI Home loans
- LOW LVR INV IO HOME LOAN Home loans
- LOW LVR INV P&I HOME LOAN Home loans
- MINI MAC BONUS SAVER Savings and transaction accounts
- MORTGAGE 1YR FIXED INV IO Home loans
- MORTGAGE 1YR FIXED INVESTOR P&I Home loans
- MORTGAGE 2YR FIXED INVESTOR IO Home loans
- MORTGAGE 2YR FIXED INVESTOR P&I Home loans
- MORTGAGE 3YR FIXED INVESTOR IO Home loans
- MORTGAGE 3YR FIXED INVESTOR P&I Home loans
- MORTGAGE OFFSET INVESTOR IO Home loans
- MORTGAGE OFFSET INVESTOR PI Home loans
- SAVINGS 1 Savings and transaction accounts
- SAVINGS 2 Savings and transaction accounts
- SAVINGS 3 Savings and transaction accounts
- SAVINGS 4 Savings and transaction accounts
- SAVINGS 5 Savings and transaction accounts
- SAVINGS 6 Savings and transaction accounts
- SAVINGS 7 Savings and transaction accounts
- SAVINGS 8 Savings and transaction accounts
- YOUTH SAVER ACCOUNT Savings and transaction accounts
Rates changed on 832 products since 12 October 2026. Each one is marked "changed" below.
General information, not advice. This shows what banks publish. It doesn't recommend any product, and the order of a table is not a ranking. Rates change, so check the bank's own page for current details before you decide anything.
Source: The Mac product data, published under the Consumer Data Right, as at 17 October 2026. Every product name links to its page at The Mac, which has the current details.