---
title: "Commercial Loan Interest Only — RACQ Bank"
description: "Business Loans 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/304
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-18T22:23:39Z
---

# Commercial Loan Interest Only — RACQ Bank

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

**Business Loans**

Our Commercial Loan (IO) is a variable rate loan for commercial purposes.

## At a glance

- **From (investment):** 10.02% (Variable)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Interest rate applicable for residential security.) | 10.02% | — | — |
| Variable (Interest rate applicable for commercial security.) | 11.02% | — | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Substitution of Mortgage Security — Per property. | Event | $350.00 |
| Default Enforcement Expenses — May apply if enforcement services are required as part of default administration. | Event | Variable |
| Discharge Fee — Payable for standard partial or full discharges. Fee charged per property. | Exit | $300.00 |
| Establishment Fee — Payable to establish the loan. Includes: valuation fee up to $400, title search, company/ trust-borrower/ guarantor party fee, document preparation and settlement fees - document generation, distribution of documents, verification of returned documents, verification of search requirements, settlement booking, settlement attendance (PEXA or paper) and lodgement of title documents. | Upfront | $1,100.00 |
| Mortgage Top Up Fee — Payable for a further advance against existing security. Valuation fee at cost. | Event | $450.00 |
| Valuation Fee — RACQ Bank will cover up to $400 of the valuation cost on a new security, any cost above this is payable by the member. Any additional valuation required on an existing security will be payable at cost. | Event | Variable |

## Features

- **Real-time payments (NPP)**
- **Digital banking**

## Eligibility

- **Minimum age** — 18 years
- **Residency status** — Must be an Australian Resident
- **Individuals only**

## Constraints

- **Minimum limit** — $20,000.00

## 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: `304`
- Last updated by the provider: 18 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/racq-bank/304
- 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/304) — 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.

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