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RACQ Bank Everyday Account

Shirley Liu
Shirley Liu
Last updated:  

With no account keeping fees, access your money where and when you need it with RACQ Bank's Everyday Account.

Accessing your cash is easy with RACQ Bank's Everyday Account. You’ll receive a Visa Debit card which you can use in-store or online while you're in Australia or overseas, all while paying no account keeping fees.

$0

Account keeping fee

$0

ATM withdrawal fee

$4.5

Overseas ATM withdrawal fee

3%

Overseas transaction fee

of transaction value

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Details

Product NameRACQ Bank Everyday Account
Monthly account fee$0
Card accessVisa
ATM Withdrawal Fee$0
Internatonal ATM Fee$4.50
International transaction fee3%
Monthly deposit required to waive account feeN/A
Contactless PaymentsGoogle Pay, Apple Pay, Samsung Pay

Expert review

Shirley Liu

Review by

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.

Expert review

Access Google Pay, Apple Pay and Samsung Pay with this account, to make contactless payments using your smartphone.

Key features

No monthly fees

There are no monthly account keeping fees with this account.

Visa Debit card

You are issued a Visa Debit card that features payWave when you open your RACQ Bank Everyday Account.

How to apply

Before you can apply for the RACQ Bank Everyday Account you must first become a mutual owner in the institution. This is available for residents of Queensland only, and a one time member share cost of $10 will be deducted from your new account once it has been established.

Eligibility

Before applying online, make sure that you are able to meet the other eligibility requirements for the RACQ Bank Everyday Account:

  • Minimum age. You must be at least 18 years of age to open this account in your name. If you wish to open one for an individual under 18 years old, you will need to contact your local branch.
  • Residency requirements. In order to become a member of RACQ, you must reside in Queensland and be a permanent resident of Australia.

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2 Comments

    Default Gravatar
    Tony
    February 7, 2017

    Hi what is the term deposit rates for $300000 for 12 months term

    Thanks
    Tony

    Reply
      Avatarfinder Customer Care
      Dee
      February 7, 2017

      Hi Tony,

      Thanks for reaching out.

      The term deposit rates for 12 months differ across banks. You can check and compare the rates here.

      Cheers,
      Anndy

      Reply
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