Home Loan Overdraft
Our Home Loan Overdraft is a variable rate secured overdraft product for residential purposes.
- From (owner occupied)
- 9%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 9% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Bank Recall A request to attempt to recall funds transferred to another account. | Event | $20.00 |
| Card / PIN Postage (International) Charged when your mailing address is outside of Australia and a card or PIN is mailed. | Event | Variable |
| Foreign currency conversion fee For any transaction made overseas or in a foreign currency, a fee of 2.75% of the total transaction value (in Australian Dollars) will be charged. The fee applies to: • Transactions made physically overseas. • Transactions made in a foreign currency, regardless of whether you’re in Australia or another country. • Transactions processed by overseas merchants, even if the purchase or action takes place within Australia or in Australian Dollars. | Transaction | 275% of transaction |
| Discharge Fee Payable for standard partial or full discharges. Fee charged per property. | Exit | $300.00 |
| Audit Certificate A certificate for Audit purposes. Fee charged per certificate. | Event | $25.00 |
| Bank Trace A request to trace the origin or final destination of funds either sent to or from your account. |
Features
- Real-time payments (NPP)
- Overdraft available
- Digital banking
- Card access — Visa Debit card
Eligibility
- Residency status — Australian Resident
- Individuals only
- Minimum age — 18 years
Constraints
- Minimum limit — $20,000.00
More Information
Published by RACQ Bank under the Consumer Data Right · Last updated 18 May 2026 · Product ID 202 · View on CDR.gov.au · View Source Data (JSON)