RACQ BankBonus Saver Account
Our Bonus Saver Account rewards members for saving by providing bonus interest when you deposit at least $100 and make no debit transactions during the month.
At a glance
- Up to
- 6.01%
- Base rate
- 0.01%
- Bonus rate
- 6.00%
Rates
Every rate RACQ Bank publishes for this account, 4 in all.
How the rate is made up
6.01%in a month every condition is met
To earn the bonus
- Min deposits
- Min deposit amount
- Max withdrawals
- Max withdrawal amount
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | - | - | up to $99,999 | 6.00% | - | paid every 1 mo; Min deposits; Min deposit amount; Max withdrawals; Max withdrawal amount; Bonus rate interest is paid if deposits totalling at least $100 and no debit transactions are made to the account during the calendar month. Bonus Rate quoted includes Base Rate. |
| Bonus | - | - | $99,999+ | 3.75% | - | paid every 1 mo; Min deposits; Min deposit amount; Max withdrawals; Max withdrawal amount; Bonus rate interest is paid if deposits totalling at least $100 and no debit transactions are made to the account during the calendar month. Bonus Rate quoted includes Base Rate. |
| Variable | - | - | up to $99,999 | 0.01% | - | paid every 1 mo |
| Variable | - | - | $99,999+ | 0.01% | - | paid every 1 mo |
Rate changes
4 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 13 Oct 2026 | Bonus, up to $99,999 | 5.75% | 6.00% | up 0.25 |
| 13 Oct 2026 | Bonus, $99,999+ | 3.50% | 3.75% | up 0.25 |
| 18 Sept 2026 | Bonus, up to $99,999 | 5.25% | 5.75% | up 0.50 |
| 18 Sept 2026 | Bonus, $99,999+ | 3.00% | 3.50% | up 0.50 |
Each change is logged the night it appears in the rates RACQ Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
11 fees published, grouped by when they're charged.
When you make a transaction4
- Overseas Telegraphic Transfer in Australian Dollars
Transfer of funds to an overseas bank in AUD rather than local currency. Overseas banks, including the agent bank, may charge a handling fee. Check supplied details.
$60 - Overseas Telegraphic Transfer in Local Currency
Transfer of funds to an overseas bank in the currency used locally. Overseas banks, including the agent bank, may charge a handling fee. Check supplied details.
$30 - Telegraphic Transfer - Outward (within Australia)
Funds transferred via the SWIFT network to another financial institution within Australia for same day payment (also known as a Wire or RTGS payment).
$35 - Cash Request
Cash withdrawals of more than $5,000 require 24 hours' notice. Cash delivery charges, levied by the cash provider to RACQ Bank, are passed on at cost for large withdrawals. The charge is determined a…
Varies
When particular things happen6
- Audit Certificate
A certificate for Audit purposes.
$25 - Bank Recall
A request to attempt to recall funds transferred to another account.
$20 - Bank Trace
A request to trace the origin or final destination of funds either sent to or from your account.
$20 - Default Administration
May apply if an event of default occurs.
$20 - Dishonour - Manual
Dishonour at member's request.
$22 - Dishonour
Where a Cheque or Direct Debit is not honoured. For example, a payment would be dishonoured if you do not have sufficient available funds in your account.
$1
Other fees1
- Default Enforcement Expenses
May apply if enforcement services are required as part of default administration.
Varies
Features
Eligibility and limits
- Minimum age 13
- Residency: Australian Resident
- Available to individuals
- Bonus Saver accounts are restricted to maximum 2 owned per member.
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Published by RACQ Bank under the Consumer Data Right, last changed by them on 13 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.