Everyday Account
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.
- 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 | 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. |
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.
Eligibility
- Individuals only
- Residency status — Must be an Australian Resident
- Minimum age — 13 years
More Information
Published by RACQ Bank under the Consumer Data Right · Last updated 15 June 2026 · Product ID 207 · View on CDR.gov.au