Comparison

TMBank vs Macquarie Authenticator

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

TMBank

Manage your everyday banking with ease, security, and speed. Check balances instantly, track spending by category, set savings goals, and personalize your home screen. Securely lock or unlock transactions and view card details without your physical card.

Highlights
  • Quick balance check without login
  • Track spending by category
  • Set savings goals
  • Personalize home screen
  • Lock/unlock transactions
  • View card details
Features
Read full description

Everyday banking is easier than ever using the Teachers Mutual Bank Mobile Banking App¹. You'll find all the things you can expect to make everyday banking simple, safe and fast. • Need a quick balance check? Use the Quick Balance feature to view your account balance instantly – no login needed! Fast, secure, and always at your fingertips. • Track your spending – Know where your money is going with the "How I Spend" feature. You can now track your spend for the month across different categories. • Maximise your savings by setting a goal in your savings account. Create a plan to get what you want – from a new car to a dream holiday. • Personalise your home screen to keep your top banking tasks at your fingertips. Choose what accounts, goals and spending trackers to show, plus quick links for transfers and payments. Reorder and rename to your heart’s content. • Lock or unlock transactions anytime, anywhere. Block online payments, ATM withdrawals, or even view your full card details – no physical card needed. Please note: If you have used digital banking before, you’re ready to use the app. You just need your Member Number and Internet Banking Password. Visit tmbank.com.au/faq for help. Important Information ¹ You should consider whether this service is appropriate for you before acquiring it. For additional information, please refer to our Security Guide for electronic transactions and the Mobile App Terms of Use. An internet connection is required to use the Mobile App. Normal mobile data charges apply. We test mobile banking to ensure compatibility with most popular devices, but cannot guarantee compatibility with all devices and operating systems. Teachers Mutual Bank is a division of Teachers Mutual Bank Limited ABN 30 087 650 459 AFSL/Australian Credit Licence 238981. We collect anonymous information on how you use the application to perform statistical analysis of aggregate user behaviour. We do not collect personal information about you. By installing this app, you are giving your consent.

About

Macquarie Authenticator

Enhance your account security with this app, offering push notifications for transaction approval or denial and generating one-time passcodes for authentication. It provides a faster, more secure alternative to SMS, especially when traveling internationally.

Highlights
  • Push notifications for transaction approval/denial
  • Generate one-time rolling codes
  • Offline authentication with rolling codes
  • Manage pending tasks
  • PIN, fingerprint, and facial recognition unlock
Features
Read full description

Protect your Macquarie account with Macquarie Authenticator. Our two-factor authentication app is designed to maximise your security, while also providing a beautiful banking experience.​ Separate security, seamless experience Macquarie Authenticator works seamlessly with the Macquarie Mobile Banking app. Approve or deny requests in an instant, directly through your notifications, for stronger security that feels like a single, seamless flow. More secure than SMS  Unlike with SMS, you can see exactly what you’re approving. We send detailed alerts directly to your secure app, not your phone number. You’re in control Verify important transaction details upfront, such as the amount, recipient and location, so you can approve or deny transactions with confidence.

Screenshots

TMBank4 screens
Macquarie Authenticator3 screens

Verdict

The call

The clearest difference is update cadence: Macquarie Authenticator at every 3 weeks against TMBank's every 5 months. TMBank's advantage is iOS requirement (13.0 vs 16.0). On price, review sentiment, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

TMBank ships an update every 5 months, Macquarie Authenticator every 3 weeks. The most recent releases landed on October 6, 2026 and October 13, 2026 respectively.

Scorecard2 real differences · 8 level
TMBank versus Macquarie Authenticator: the parameters behind the verdict, then further details
ParameterTMBankMacquarie Authenticator
PriceFreeFree
Rating—3.0 (2 ratings) — better
Positive reviews16.5% of reviews — better14.8% of reviews
Number of ratings—2 — better
Update frequencyEvery 5 monthsEvery 3 weeks — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone, iPad
Requires iOS13.0 — better16.0
Further details — not scored
Size110 MB220 MB
Age rating4+4+
DeveloperTeachers Mutual Bank LimitedMacquarie Bank Limited

Customer experience

TMBank

Written reviews121 reviews
Positive16.5%
Neutral14.9%
Negative68.6%

Macquarie Authenticator

All ratings2 ratings
Positive50.0%
Neutral0.0%
Negative50.0%
Written reviews108 reviews
Positive14.8%
Neutral4.6%
Negative80.6%

In-app purchases

None

TMBank

No in-app purchases

None

Macquarie Authenticator

No in-app purchases

Questions

Is TMBank free?
TMBank is free to download, with no in-app purchases.
Is Macquarie Authenticator free?
Macquarie Authenticator is free to download, with no in-app purchases.
Do TMBank or Macquarie Authenticator have ads?
Neither TMBank nor Macquarie Authenticator shows ads.
Which is updated more often, TMBank or Macquarie Authenticator?
TMBank ships an update every 5 months, and Macquarie Authenticator every 3 weeks. Most recently, TMBank was updated on October 6, 2026 and Macquarie Authenticator on October 13, 2026.

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