RACQ Bank Advantage Plus Account
No conditions on the rate
Our Advantage Plus Account is a straightforward 'at call' transaction account available exclusively to members aged 55 years and over. This account enables you to manage your everyday banking while earning a competitive rate of interest.
- Base rate up to
- 3.50%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| $0 to $4,999 | 0.01% |
| $4,999 to $49,999 | 2.00% |
| $49,999 and over | 3.50% |
Who can open it
- Age to open
- 55 and over
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
3.50%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
3.50%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
Nothing stands out.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 3.50%
- Bonus conditions
- None
- Most it pays
- 3.50%
- Bonus conditions
- None
- Most it pays
- 3.50%
- Bonus conditions
- None
