Please note, Zest is no longer available for sale to new package holders. Existing Zest package holders will continue to enjoy all the benefits on offer.

Being mature has its advantages. You know more. You’re less likely to make mistakes. And you get access to Zest – a financial and lifestyle package that provides you with exclusive benefits designed to save you money across a range of areas.

Available to all RACQ Bank members over 50, the package includes discounts on insurance, financial planning and additional interest on investment accounts. Plus, Zest members also receive access to thousands of dining and leisure discounts through the frequent values program.

Package features

Investment accounts

Earn an additional .05% p.a. on RACQ Bank Term Deposits and cash management accounts. See our Term Deposit page for our latest rates.

Dining and leisure discounts

Featuring over 2,500 valuable offers including restaurants, cafés, bistros, leading take away outlets, activities and attractions, hotels, retail, leisure and more from right across Australia.  To find out more visit

Download Zest interest rate schedule  Contact RACQ Bank


Membership of the Zest Financial and Lifestyle Program (‘Zest’) is open to existing, fully paid members of Members Banking Group Limited ABN 83 087 651 054 AFSL Australian credit licence 241195 trading as RACQ Bank (RACQ Bank) who are 50 years of age or older and who pay the Zest Fee. Members can terminate their membership of the program at any time by notifying RACQ Bank in writing.  Where this occurs, RACQ Bank is not obliged to refund any part of the Zest Fee.

Zest Benefits

As at the date of this application, the benefits that Zest members can receive (‘Zest Benefits’) include the following:

  • an additional 0.05% per annum on the interest rates that are included in RACQ Bank’s standard Interest Rate Schedule for term deposit and cash management accounts.  Eligibility for the term deposit additional interest rate will take effect from the commencement or rollover of a term deposit; 
  • the Frequent Values Card.  The card is subject to the terms and conditions on Members should note that the frequent values card cannot be used as a form of identification at a RACQ Bank branch and is not a credit or charge card.

RACQ Bank reserves the right to alter or withdraw all or any part of the Zest Benefits at any time. Zest Benefits are only available to members who have paid the Zest Fee and Zest Benefits will be forfeited if the Zest Fee are not paid.

Zest Fee

As at the date of this application, the Zest Fee consist of a $30 annual membership fee.  The Zest membership fee will be debited annually from the member’s nominated RACQ Bank account at the beginning of the next calendar month following an application being made to join Zest.  RACQ Bank reserves the right to change the Zest Fee at any time.

Zest Terms and Conditions

RACQ Bank reserves the right to alter any of the terms and conditions for Zest at any time.  You should check the current terms and conditions at any particular time, as no other notice will be given.