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The Everyday Account for making every day count

Your RACQ Bank Everyday Account helps you move, manage, and make the most of your money without hidden fees or long waits. We never stop looking for ways to make your bank accounts a cut above the rest. So, when it comes to your daily finances, choose the bank that exists to make members’ lives better every day.

  • No minimum monthly deposits
  • Never forget your wallet with Apple Pay, Google Pay™ and Samsung Pay*
  • Bank wherever you go using internet banking and the RACQ Bank app

Open my Everyday Account

$0 Account keeping fees

Everyday Account no everyday transaction fees

If you’re searching for the best everyday account for your needs, you should read the fine print. Check out our full list of fees in our Fees and Charges Schedule.

Fee Amount
Everyday transaction fees such as domestic card purchases, internet transfers, periodical payments, direct debits and direct credits $0
Monthly account keeping fees $0
Dishonour fee – where a cheque or direct debit is not honoured, e.g. when you do not have sufficient funds available in your account. $1

Everyday Account FAQs

We’ll let you know your login information as soon as your application has been processed, so that you can make the most of your RACQ membership straight away.

If you’re eligible to receive a Visa Debit card and have requested one, it will arrive in the mail 7-10 days after your account has been opened. Keep an eye out for your PIN too, we’ll send this letter separately to ensure your account stays secure.

You can activate your Visa Debit card using our internet banking or the RACQ Bank app. Simply log in, select "Card options" and "Activate card". Alternatively, please call us on 13 1905 or visit your nearest RACQ store and one of our friendly staff will activate your card for you.

Yes! If you prefer to go card-free at the checkout, RACQ Bank has mobile payment options to suit most devices, including Google Pay, Apple Pay, and Samsung Pay.

You can also use your phone number or email address to create a PayID, which will allow you to transfer funds to friends and family in real time.

When you open your account, the default daily limits per membership, per day are set at:

  • $10,000 for external transfers
  • $20,000 for BPAY®
  • $1,000 for PayID payments

To help you manage your money with ease, there's no transfer limit between your own RACQ Bank accounts.

While you’re here

Savings Accounts

Go faster and get further with an interest earning account.

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Term Deposits

Lock-in a fixed interest rate and grow your money.

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Budget planner calculator

Take the guesswork out of your financial plans.

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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.

Biometric identification features are compatible with selected devices only, noting that some devices may not be able to use particular biometric identification methods. For Android, selected biometric features should be available on devices with android v 4.4 or greater, provided that feature is available in device. For iOS device, any device that is running with IOS version 9,10 or 11(or greater), provided that feature is available in device. 

® Registered to BPAY Pty Ltd ABN 69 079 137 518

* The Apple logo and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries. Google Pay, and the Google Pay Logo are trademarks of Google Inc. Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd.

# E10, Unleaded 91, Premium Diesel and LPG only. Conditions, limits and exclusions apply. See Puma Energy fuel discount for more information.

~ eGift Cards:

  • Discount applies at checkout
  • Discount is on pre-purchased WISH and Woolworths Group eGift Cards only
  • Offer available online only
  • Discount not available when purchased in store
  • WISH and Woolworths Group eGift Cards terms and conditions apply
  • WISH and Woolworths Group eGift Cards are emailed to your nominated email address
  • A maximum of ten WISH and Woolworths Group eGift Cards may be purchased in one transaction
  • You can check your eGift Card balance here
  • Woolworths Limited ABN 88 000 014 675 is the issuer of the WISH and Woolworths Group eGift Card, but is not the promoter of the offer, nor responsible for fulfilment of the offer terms. WISH and Woolworths Group eGift Cards have no expiry date and are redeemable at participating stores only. For a list of participating stores and full eGift Card Terms and Conditions visit