The Macquarie Platinum Credit Card is a premium offering from Macquarie Bank, tailored for individuals who seek flexible rewards, premium benefits, and seamless digital experiences.
With a mix of generous rewards, 0% foreign transaction fees, and robust travel insurance, the Macquarie Platinum Credit Card is ideal for both frequent travelers and everyday spenders.
Whether you’re looking to earn points on daily purchases or need reliable protection for your travels, this card delivers a well-rounded package designed to meet modern financial needs.
Want to get a Macquarie Platinum Credit Card? Then tap the green button below and see how to apply for one!
Macquarie Platinum Credit Card Key Features and Benefits
The Macquarie Platinum Credit Card stands out in several ways, offering a comprehensive set of benefits that provide both financial flexibility and peace of mind.
Flexible Rewards Program
Macquarie’s Reward Points system is a core feature of the Platinum Credit Card, giving cardholders the opportunity to earn and redeem points with ease. Here's how it works:
Earn 1 Macquarie Reward Point for every $1 spent on eligible purchases, up to a spending limit of $5,000 per statement period. This makes the card ideal for both moderate and high spenders, as you can quickly accumulate points with everyday purchases like groceries, dining, and travel.
For spending above the $5,000 threshold in a statement period, you will still earn points at a rate of 0.5 points per $1 spent, ensuring that you continue to gain value from the card, even with higher expenditures.
Redeem your Macquarie Reward Points for a wide range of options, including eGift cards and cashback. Through the Macquarie Marketplace, cardholders have access to over 50 popular retailers, including Myer, Woolworths, and Amazon, offering significant flexibility in how you choose to use your points.
Example of Rewards: If you spend $5,000 per month, you could earn up to $23.50 in gift cards, making the card's rewards program highly beneficial for frequent spenders.
No International Purchase Fees
One of the standout benefits of the Macquarie Platinum Credit Card is its 0% foreign transaction fees, which provides substantial savings for those who frequently shop overseas or with international online retailers.
Whether you’re traveling abroad or purchasing from an international website, Macquarie does not charge additional fees on international transactions, unlike many other credit cards that can add as much as 3% to your total cost.
Transactions are processed at the Visa foreign exchange rate, without any additional fees or hidden costs. This makes the card particularly attractive for travelers and global shoppers, ensuring that you can make purchases worry-free, without incurring extra expenses.
Comprehensive Insurance Coverage
Macquarie Platinum Credit Cardholders can take advantage of complimentary insurance, providing an extra layer of protection for both purchases and travel.
Travel Insurance: Enjoy peace of mind when traveling, with overseas and domestic travel insurance covering not just you, but also your spouse and dependent children. This coverage includes various travel-related incidents such as trip cancellations, lost luggage, and medical emergencies, providing significant value for frequent travelers.
Card Purchase Cover: This insurance protects your purchases against loss, theft, or accidental damage, giving you added confidence when making significant purchases with your card.
Buyer’s Advantage Cover: This extends the warranty of eligible purchases, offering additional protection and potentially saving you money on repairs or replacements.
Interest-Free Period
Managing your finances is made easier with up to 55 days of interest-free credit on purchases. This feature allows cardholders to avoid paying interest if they pay off their balance in full by the due date.
It provides flexibility and can help you maintain financial control, especially if you're planning larger purchases or managing monthly cash flow.
Mobile and Digital Payment Solutions
The Macquarie Platinum Credit Card is designed with the convenience of digital payments in mind, offering several features that make managing your card simple, whether you’re at home or traveling abroad.
Apple Pay and Google Pay compatibility: You can add your Macquarie Platinum Card to your mobile device or wearable, enabling contactless payments wherever these services are accepted. This feature allows for quick and secure payments, whether you're using your phone, smartwatch, or another supported device.
Lost or Stolen Card Protection: If you lose your card, there’s no need to wait for a replacement—simply continue using mobile payments through the Macquarie mobile app while your physical card is being replaced.
Exclusive Travel Tools and Support
Macquarie offers digital tools specifically designed to enhance your experience while traveling:
The Macquarie Mobile Banking app includes a Travel Mode feature that detects when you are abroad and adjusts to show your location and the local exchange rate. This real-time data helps you stay informed about your spending while overseas.
Quick access to international support contact details ensures that you can get help whenever you need it, no matter where you are in the world.
Card Lock/Unlock Feature: If your card is lost, stolen, or misplaced, you can easily lock and unlock it through the mobile app, providing added security and control over your account.
Why Choose the Macquarie Platinum Credit Card?
Choosing the Macquarie Platinum Credit Card means gaining access to a well-rounded set of benefits that cater to both everyday spending and travel needs. The card’s flexible rewards system, with 1 point per $1 spent on eligible purchases, offers significant earning potential. With no international fees and comprehensive insurance coverage, it’s an ideal choice for frequent travelers.
The ability to redeem points for eGift cards or cashback from a wide range of popular retailers ensures that the rewards you earn can be used in ways that best fit your lifestyle.
Additionally, with features like up to 55 days interest-free on purchases and digital tools that provide enhanced control and convenience, the Macquarie Platinum Credit Card stands out as one of the best rewards credit cards available in Australia.
For cardholders seeking flexibility, security, and travel benefits all in one package, the Macquarie Platinum Credit Card is a top contender.
