RACQ Bank
RACQ Bank

Advantage Plus Account

Amount Base Rate Max Rate
< $1000 0.01% 0.01%
$1000+ 0.01% 0.01%
$2000+ 0.01% 0.01%
$5000+ 0.25% 0.25%
$10000+ 0.25% 0.25%
$20000+ 0.25% 0.25%
$50000+ 0.65% 0.65%
$100000+ 0.65% 0.65%
$250000+ 0.65% 0.65%
$500000+ 0.65% 0.65%
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Interest rate calculated on account balances up to $4,999 at the lowest rate of interest, balances between $5,000 to $49,999 at mid rate of interest and accounts balances of $50,000 and over at a higher rate of interest. Interest is calculated daily on a stepped basis and paid quarterly.

Key Features
No Account
Keeping Fee
Internet
Banking
Counter
Service
Phone
Banking
ATM
Required
Linked Account

Account Details

Account Type Trans
Min. Opening Amount $2,000.00
Min. Balance $0.00
Monthly Account Fee $0.00
Interest
Interest rate calculated on account balances up to $4,999 at the lowest rate of interest, balances between $5,000 to $49,999 at mid rate of interest and accounts balances of $50,000 and over at a higher rate of interest. Interest is calculated daily on a stepped basis and paid quarterly.
Interest Calculation Frequency Daily
Interest Payment Frequency Quarterly
Interest Paid In Steps?

ATM & EFTPOS Fees

ATM Withdrawal Fee $0.00
ATM Balance Fee $0.00
ATM Balance Fee $0.00
Daily ATM Withdrawal Limit $1,050.00
EFTPOS Fee $0.00
Debit Card Replacement Fee $0.00

Fee Details

Service Fee Frequency Monthly
Fee Rebate Available
Balance Required for Fee-Free $0.00

T&Cs


Internet & Phone Fees

Phone Transaction Fee $0.00
Internet Transaction Fee $0.00
Free Electronic Trans. per Month

Counter & Cheque Fees

Counter Deposit Fee $0.00
Counter Withdrawal Fee $0.00
Free Counter Trans. Per Month
Cheque Fee $0.00
Cheque Dishonour Fee $1.00
Debit Item Dishonour Fee $1.00

Overseas Access

Overseas ATM Facilities VisaPlus
Overseas ATM Balance Fee $0.00
Overseas ATM Withdrawal Fee $0.00
Overseas EFTPOS Fee $0.00
OS Emergency Card Replacement $300.00
Foreign Transaction Fee 3.00%