How is interest calculated on my RACQ Bank savings account?

The amount of interest you'll earn on the money you deposit into your savings account will depend on a range of factors, including:

• The type of savings account you've chosen
• How much you deposit every month
• Your spending habits

Generally, RACQ Bank calculates interest daily and pays monthly or quarterly, however this can vary depending on your account. Please refer to the Deposit Rate Schedule for more information.