About RACQ

RACQ was formed more than 100 years ago, in 1905, as a Queensland-based club for motorists. It was originally called the Automobile Club of Queensland and designed to advocate the rights of drivers. As it evolved, it began to offer a range of products to members including car loans and personal loans.

Features of a RACQ personal loan

RACQ offers fixed interest rate personal loans to its members and borrowers who wish to become members. Its loan terms range between one and seven years, while RACQ says it considers most personal loan amounts, provided the purpose is worthwhile – such as the purchase of a new or used car, caravan or motorcycle, a home renovation or debt consolidation.

Some of the main features of an RACQ personal loan include no account keeping fees, flexible repayment options – including the choice to make extra repayments and elect to make payments fortnightly or monthly – and discounts on various items, such as theme parks and movie tickets.

RACQ Bank personal loan repayment calculator

Thinking about taking out a personal loan with RACQ Bank? Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how RACQ Bank personal loan compare with various products.

I want to borrow

Loan Term


Repayment Frequency

RACQ Bank Personal Loans

Advertised Rate
Comparison Rate
Chance of Approval
Go To Site
Compare your product with the big 4 banks, or add more products to compare