Why choose an RACQ Bank Personal Loan? 

At RACQ Bank we’ll give you more control of your money. With our flexible personal loan you’ll have the freedom to use your money how you like. Take out an RACQ Bank Personal Loan for what’s special in your life. When it comes to getting more from your personal loan, trust RACQ Bank and reach your goals sooner.

  • Simple online application
  • No early pay-out fee
  • Flexible payment options

Personal Loan Special interest rates and fees

Our competitive interest rate means you can afford to pay your loan back faster. When you need extra for a wedding, holiday or something else – trust an RACQ Bank personal loan and get more out of your money.

9.54 % p.a Variable Rate
9.83 % p.a Comparison Rate

Fees and figures

Let’s work out the numbers.

Know exactly what you can borrow and what you’ll be paying back.

Establishment fee $200
Minimum term 0 years
Maximum term 5 years
Minimum loan amount $3,000
Maximum loan amount $60,000
Loan purpose Unsecured personal loan (excludes debt consolidation)
Additional repayments Unlimited additional repayments with no penalty or fees
Repayment options Weekly, fortnightly or monthly

How to apply for a personal loan

You can apply for an RACQ Bank Personal Loan online, anytime. It’s super easy, just fill in our application form. It takes approximately 10 minutes to complete and submit our form and once we receive it, we’ll kick-start the process for you.

  1. Complete our online application form.
  2. We’ll review your application and call you back within 1 business day. When we touch-base we’ll let you know what supporting documents we need.
  3. We’ll review everything you’ve provided and confirm if your application has been successful.
  4. If successful, we’ll provide some paperwork for you to complete and send back, then we’ll move the money into your bank account.

Apply now

How much will my repayments be?

Use our personal loan calculator to estimate your repayments now. You can see what you’ll pay based on your loan size and how long it’ll take to pay back.

Calculate your repayments