Macquarie Mobile Banking app review
About Macquarie
As one of the larger banks in Australia, Macquarie offers a range of banking products including home loans, bank accounts and savings accounts, as well as other financial services to customers throughout the country.
Macquarie’s even been recognised for the quality and value its banking products provide, having taken out the major title of Everyday and Savings Bank of The Year in the 2021 Mozo Experts Choice Awards.
What does the Macquarie app do?
The Macquarie Mobile Banking app is the go-to platform for customers wanting to manage their finances on the go from their smartphones. That means Macquarie customers can do everything from checking their account balances and monitoring their transactions to transferring money and even opening a new account all through the app.
But those are just the basics. The Macquarie app is also jam-packed with some of the leading features and tools around to help users manage, budget, spend and save, which is why it was named a 2020 and 2021 Mozo Experts Choice Award winner for Excellent Banking App.
Features we love
Given its multiple awards, it’s not surprising that the Macquarie Mobile Banking app is both smooth to use and easy to navigate around, but it also comes with a fair few other elements which users will appreciate.
The first of these are the security options. Customers can log into the app with a PIN or via biometrics (fingerprint or Face ID), but there’s also an extra layer of security with two-factor authentication and the separate Macquarie Authenticator app. Users can even customise their settings by choosing which devices and account information requires two-factor security.
What about keeping tabs on your spending? If you’re using Macquarie as your day-today bank then you’ll be pleased to know that the app gives users some next level transaction insights, including auto-categorisation of purchases (e.g. groceries, leisure or travel) and the ability to search transactions via the amount spent, the merchant involved or over a specific time period.
The app also has a few handy travel features. Once you head overseas the Travel Mode function will allow you to view the local exchange rate in your location and you’ll be able to see how much each purchase made was in the local currency and AUD. You can also lock your card in the app if it goes missing and unlock it if you find it.
Aside from these highlights, some of the other notable app features include:
- The ability for users to set up customisable spending notifications for purchases made both in Australia and overseas
- A ‘dark mode’ option for iOS users wanting to limit their battery use or limit eye strain
- An in-app marketplace where customers can redeem Macquarie Reward points or purchase discounted eGift cards
- A customisable dashboard which allows users to choose what they want displayed on their home screen
- Macquarie also supports mobile payment options like Apple Pay and Google Pay, as well as PayID
What we’re not so hot on
While the Macquarie Mobile Banking app has a lot to write home about users won’t be able to make use of Samsung Pay for smartphone payments just yet.
Other banking app reviews by Mozo
Ready to compare the Macquarie app to some of the other leading banking apps on the market? Why not put it to the test against fellow 2021 Mozo Experts Choice Award winners like the Up app or the Commonwealth Bank app.
Otherwise check out the Mozo fintech hub for even more app reviews, as well as the latest news and guides on everything from cryptocurrency to buy now, pay later (BNPL) services.
Compare bank accounts - last updated 29 March 2024
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Spend Account
$0.00
Apple Pay, Google Wallet, PayID, Samsung Pay, Fitbit Pay, Garmin Pay
0% p.a.
No monthly fees and no charges for overseas or online payments from ubank. Stay one step ahead with ubank’s spending insights and bill prediction. Apple Pay and Google Pay compatible. Deposits guaranteed up to $250K per customer.
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No monthly fees and no charges for overseas or online payments from ubank. Stay one step ahead with ubank’s spending insights and bill prediction. Apple Pay and Google Pay compatible. Deposits guaranteed up to $250K per customer.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Wallet, PayID, Samsung Pay, Fitbit Pay, Garmin Pay
- interest rate
- 0% p.a.
- ATM networks
- none
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Unlimited eftpos, debit, ATM, and banking app transactions using internet banking or the ubank iOS or Android app.
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Everyday Options
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Apple Pay, Google Wallet, PayID
0.01% p.a.
An easy, everyday banking account packed with flexible options to help you spend, budget & save better. $0 monthly account keeping fees & option to add up to 9 sub-accounts.
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An easy, everyday banking account packed with flexible options to help you spend, budget & save better. $0 monthly account keeping fees & option to add up to 9 sub-accounts.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Wallet, PayID
- interest rate
- 0.01% p.a.
- ATM networks
- Suncorp
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
Balances from $1: 0.01% p.a.
- Fee free transactions
- Unlimited free transactions from own-bank ATM, atmx ATM, Big 4 banks ATM, EFTPOS, counter withdrawals, counter deposits, phone and internet
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Orange Everyday
$0.00
Apple Pay, Google Wallet, PayID, PayTo
0% p.a.
The everyday bank account that could pay you for paying bills. Get 1% cashback on eligible utility bills (up to $100), $0 ING international transaction fees, and up to 5 rebated ATM withdrawals a month here or overseas (T&Cs apply)+ no monthly fees. Winner of the Mozo Experts Choice Awards 2023 for Exceptional Everyday Account.^
CompareCompareOrange Everyday
The everyday bank account that could pay you for paying bills. Get 1% cashback on eligible utility bills (up to $100), $0 ING international transaction fees, and up to 5 rebated ATM withdrawals a month here or overseas (T&Cs apply)+ no monthly fees. Winner of the Mozo Experts Choice Awards 2023 for Exceptional Everyday Account.^
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Wallet, PayID, PayTo
- interest rate
- 0% p.a.
- ATM networks
- None
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Access 1% cashback on eligible utility bill payments (up to $100 per financial year), rebates on ATM fees for the first 5 fee incurring withdrawals (domestic). When you deposit at least $1,000 from an external bank account and make at least 5 card purchases using your ING debit card each month.
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Everyday Global Account
$0.00
Apple Pay, Google Wallet
0% p.a.
No overseas ATM fees & up to 10 currencies in one account. Switch between currencies instantly 24/7 wherever you are using the mobile app. Receive 2% Cashback on eligible tap and pay transactions under $100. Mozo's Experts Choice 2023 winner for Exceptional Everyday Account.^
CompareCompareEveryday Global Account
No overseas ATM fees & up to 10 currencies in one account. Switch between currencies instantly 24/7 wherever you are using the mobile app. Receive 2% Cashback on eligible tap and pay transactions under $100. Mozo's Experts Choice 2023 winner for Exceptional Everyday Account.^
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Wallet
- interest rate
- 0% p.a.
- ATM networks
- HSBC
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Unlimited free transactions from HSBC ATMs, EFTPOS, phone, internet, BPAY and direct debits
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Carbon Insights Account
$0.00
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0.01% p.a.
An online-only transaction account with carbon insights available through the Suncorp App. $0 monthly account keeping fees & option to add up to 9 sub-accounts.
CompareCompareCarbon Insights Account
An online-only transaction account with carbon insights available through the Suncorp App. $0 monthly account keeping fees & option to add up to 9 sub-accounts.
- account fee
- $0.00
- Payment Options
- Apple Pay, PayID, Google Pay
- interest rate
- 0.01% p.a.
- ATM networks
- Suncorp
- What kind of card?
- Visa Debit or
EFTPOS
- Interest rate
- Balances from $0: 0.00% p.a.
Balances from $0.01: 0.01% p.a.
- Fee free transactions
- Unlimited free transactions from own-bank ATM, atmx ATM, Big 4 banks ATM, EFTPOS, counter withdrawals, counter deposits, phone and internet
Read our Mozo Review to learn more about the Carbon Insights Account
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^See information about the Mozo Experts Choice Bank Account Awards
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