The Finance Algorithm
RACQ Bank

eSave Account

Our eSave Account is an online savings account that allows you to earn a competitive rate of interest while your money remains 'at call'. Access to the account is available via internet banking and phone banking only.

Savings & transaction accountsBank updated 19 May 2026
At a glance
Base rate
3.00%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable3.00%paid every 1 mo
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
Audit CertificateEvent$25A certificate for Audit purposes.
Bank RecallEvent$20A request to attempt to recall funds transferred to another account.
Bank TraceEvent$20A request to trace the origin or final destination of funds either sent to or from your account.
Default AdministrationEvent$20May apply if an event of default occurs.
Default Enforcement ExpensesOtherVariesMay apply if enforcement services are required as part of default administration.
Overseas Telegraphic Transfer in Australian DollarsPayment$60Transfer 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.
Overseas Telegraphic Transfer in Local CurrencyPayment$30Transfer 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.
Telegraphic Transfer - Outward (within Australia)Payment$35Funds transferred via the SWIFT network to another financial institution within Australia for same day payment (also known as a Wire or RTGS payment).
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
§ 04 — Eligibility & limits
  • · Minimum age 13
  • · Residency: Australian Resident
  • · Available to individuals

Published by RACQ Bank under the Consumer Data Right, last changed by them on 19 May 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.