---
title: "Everyday Account — RACQ Bank"
description: "Transaction & Savings Accounts from RACQ Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/racq-bank/products/207
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-15T23:38:04Z
---

# Everyday Account — RACQ Bank

> Transaction & Savings Accounts from RACQ Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

Our Everyday Account is a straightforward 'at call' transaction account with no account keeping or ongoing transaction fees, and provides access to your money 24/7 through internet and mobile banking, along with Mobile pay and PayID accessibility.

## At a glance

- **Base rate:** 0%

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 14.94% | — | — |

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 0% | All balances $0+ | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| 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. | Event | $1.00 |
| Card / PIN via Courier (International) — Charged when a card and/or PIN has been requested to be sent via courier to an address outside of Australia. Charged at cost in line with the international courier's charge. | Event | Variable |
| Emergency Replacement Card through Visa (International) — Charged when an emergency replacement card has been requested through VISA outside of Australia. | Event | $300.00 |
| Default Enforcement Expenses — May apply if enforcement services are required as part of default administration. | Other | Variable |
| 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. | Payment | $30.00 |
| 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. | Payment | $60.00 |
| Bank@Post Cheque Dishonour — If you deposit a cheque via Bank@Post and it is dishonoured, a fee will be directed to your account. | Dishonour | Variable |
| Bank Trace — A request to trace the origin or final destination of funds either sent to or from your account. | Event | $20.00 |
| Card / PIN via Courier (within Australia) — Charged when a card and/or PIN has been requested to be sent via courier to an address within Australia. | Event | $30.00 |
| Bank Recall — A request to attempt to recall funds transferred to another account. | Event | $20.00 |
| Default Administration — May apply if an event of default occurs. | Event | $20.00 |
| 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. | Event | Variable |
| Dishonour - Manual — Dishonour at member's request. | Event | $22.00 |
| Card / PIN Postage (International) — Charged when your mailing address is outside of Australia and a card or PIN is mailed. | Event | $9.00 |
| 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 at the time of the request and may vary according to location. | Withdrawal | Variable |
| Visa Chargeback — Charged when a Visa Debit transaction is disputed. Refunded if transaction deemed fraudulent. | Event | $27.50 |
| Audit Certificate — A certificate for Audit purposes. | Event | $25.00 |
| 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). | Payment | $35.00 |

## Features

- **Real-time payments (NPP)**
- **Card access** — 0.00 (Visa Debit Card (13 years and over))
- **Additional cards** — null
- **Digital wallet** — Google Pay
- **Digital wallet** — Apple Pay
- **Digital wallet** — Samsung Pay
- **Unlimited transactions** — RACQ Bank has removed fees for most everyday transactions, such as eftpos transactions, internet transfers and direct debits.
- **Overdraft available** — Application for a temporary overdraft can be made.
- **PayID**
- **Digital banking**

## Eligibility

- **Individuals only**
- **Residency status** — Must be an Australian Resident
- **Minimum age** — 13 years

## More information from RACQ Bank

- [Fees & pricing](https://www.racq.com.au/banking/support-and-faqs/forms-documents)

## Data provenance

- Published by RACQ Bank under the Consumer Data Right
- Product ID: `207`
- Last updated by the provider: 15 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/racq-bank/207
- Provider page: https://www.cdrcompare.au/brands/racq-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000244

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/racq-bank/products/207) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

Site map: [all providers](https://www.cdrcompare.au/) · [how this works](https://www.cdrcompare.au/about) · [agent guide](https://www.cdrcompare.au/agents.md) · [llms.txt](https://www.cdrcompare.au/llms.txt) · [sitemap.xml](https://www.cdrcompare.au/sitemap.xml)