RACQ Bank Home Loan Rates
RACQ Bank is one of the Australian home-loan lenders we track daily. We currently surface 24 active products from RACQ Bank, refreshed from authoritative lender sources. The product table below sorts by comparison rate by default, the true-cost metric mandated by the National Consumer Credit Protection Act 2009, so you can see total cost, including standard fees, at a glance.
What are RACQ Bank home loan rates?
RACQ Bank home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 6.14% p.a., last verified 26 July 2026. Compare RACQ Bank against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest RACQ Bank home loan rate?
The lowest RACQ Bank variable home loan rate Ratesniffers tracks is 6.14% p.a. These figures come from the 1 RACQ Bank products on this page that pass data-quality checks, ranked by comparison rate, last verified 26 July 2026.
How many home loan products does RACQ Bank offer?
Ratesniffers currently tracks 24 RACQ Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 1 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Buying an investment property in Queensland? See the Queensland investor home loan rates hub for the wider panel before comparing RACQ's pricing above.
1 of 24 tracked RACQ Bank home loan products
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
RACQ Bank home loan repayment calculator
Pre-filled with RACQ Bank's lowest advertised variable rate in the table above, 6.14% p.a. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates and exclude fees, so the comparison rate in the table is the better guide to total cost.
For a fuller model, use the repayment calculator, see how extra payments change the balance with the extra repayments calculator, or check what you can borrow with the borrowing power calculator.
Who is RACQ Bank?
RACQ Bank is the banking arm of the Royal Automobile Club of Queensland, created when the motoring mutual merged with QT Mutual Bank (formerly the Queensland Teachers' Credit Union) in late 2016. It was a world first: no motoring club had bought a bank before.
It is member-owned like the club itself, serves Queenslanders alongside RACQ's insurance and roadside businesses, and prices its home loans as a challenger to the big four in its home state.
Who suits a RACQ Bank home loan?
RACQ Bank tends to suit Queensland borrowers, especially existing RACQ members, who want a member-owned alternative with local service and bundling across banking and insurance. Its rates are often sharp for the state but not guaranteed market-leading, so compare against the table above.
Background facts checked 21 July 2026. Rates above refresh independently.