RACQ Bank earns five-star ratings

For the second year in a row, RACQ Bank has been awarded five-stars by Canstar for several of its home loan offerings and its Advantage Plus deposit account for members over 55 has also been recognised for outstanding value.

RACQ Bank spokesperson Lucinda Ross said the member-owned mutual was proud to be able to offer both competitive products and excellent customer service to its members.

“We’re really proud of our team for all their hard work that led to these ratings,” Ms Ross said. 

“As a mutual, we pride ourselves on putting members needs first and striving to always be different than the big banks. 

“This effort has paid off with Canstar recognising our Bank for five of our great products.”

Ms Ross said the home lender, investment home lender, investment fixed home lender and investment variable home lender products had been awarded five-stars by the comparison company, with the over 55’s Advantage Plus account recognised for its great value.

“It’s a really competitive market out there, which is why we encourage all our members to talk to their bank about what the best deal they can do for them is,” she said. 

“If you don’t have a two in front of your new home loan, you can find better. Don’t be afraid to call up and ask your lender to come to the table with a better offer. 

“It’s also important to consider what level of service you’re getting with your home loan or your transactional account. Make sure you choose to bank with a financial institution that cares about you and your financial future, a value that we practice every day at RACQ Bank.”