I'm looking for...

Everyday Account 

  • With no monthly account keeping fee, access your money where and when you need it
  • Unlimited rediATM, eftpos and internet banking transactions
  • RACQ Visa Debit card with payWave
  • Android Pay™, Apple Pay and Samsung Pay mobile payment options

Open account now Learn more

Advantage Plus Account

  • A higher interest earning everyday account, exclusively for people over 55
  • RACQ Visa Debit card with payWave
  • $2,000 minimum opening balance
  • Android Pay™, Apple Pay and Samsung Pay mobile payment options
     

Open Account Learn more

eSave Account

  • An online savings account with great interest rates
  • Earn a competitive interest rate on balances over $5,000
  • No account keeping fee
  • Unlimited deposits and withdrawals without affecting your interest rate

Open Account Learn more

Bonus Saver 

  • Be rewarded for your saving and still have easy access to your money
  • Earn bonus interest when making at least one deposit a month
  • No account keeping fee

Open an account Learn more

Term Deposits

  • A great way to invest your savings for a fixed return
  • Competitive interest rates on your deposit
  • Certainty of a fixed interest rate so you know how much you’ll earn in the future
  • Minimum $1000 investment/opening balance

Open account Learn more

Need more information? Compare all savings accounts and term deposits.

We make it easy for you to manage your money

Tap and pay on the go with your phone

Use our simple mobile banking app

Bank online across multiple devices

Why open an account with RACQ Bank? 

Banking products are issued by Members Banking Group Limited ABN 83 087 651 054 AFSL and Australian credit licence 241195 trading as RACQ Bank. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, before deciding.

Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.