---
title: "Bonus Saver 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/404
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-18T22:24:14Z
---

# Bonus Saver 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 Bonus Saver Account rewards members for saving by providing bonus interest when you deposit at least $100 and make no debit transactions during the month.

## At a glance

- **Base rate:** 0.01%
- **Bonus rate:** 5.25% (conditions apply)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Bonus (Minimum deposits required · Minimum deposit amount · Withdrawal limit applies · Withdrawal amount limit applies) | 3% | Bonus rate over $99,999 | monthly |
| Variable | 0.01% | Base rate Up to $99,999 | monthly |
| Bonus (Minimum deposits required · Minimum deposit amount · Withdrawal limit applies · Withdrawal amount limit applies) | 5.25% | Bonus rate Up to $99,999 | monthly |
| Variable | 0.01% | Base rate over $99,999 | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| 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 |
| Default Administration — May apply if an event of default occurs. | Event | $20.00 |
| 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 |
| Bank Recall — A request to attempt to recall funds transferred to another account. | Event | $20.00 |
| 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 |
| 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 |
| Dishonour - Manual — Dishonour at member's request. | Event | $22.00 |
| 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 |
| Audit Certificate — A certificate for Audit purposes. | Event | $25.00 |
| Bank Trace — A request to trace the origin or final destination of funds either sent to or from your account. | Event | $20.00 |

## Features

- **PayID**
- **Real-time payments (NPP)**
- **Digital banking**
- **Unlimited transactions** — RACQ Bank has removed fees for most everyday transactions, such as eftpos transactions, internet transfers and direct debits.

## Eligibility

- **Residency status** — Australian Resident
- **Minimum age** — 13 years
- **Individuals only**
- **Bonus Saver accounts are restricted to maximum 2 owned per member.**

## 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: `404`
- Last updated by the provider: 18 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/racq-bank/404
- 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/404) — 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)