As of 18 September 2026, the RACQ Bank Debt Consolidation Loan has a comparison rate of 13.17% (from 12.99% advertised), ranking 184th of 212 unsecured loans tracked by BankMate and sitting 3.96 points below the unsecured market average of 17.13%. It is an unsecured variable-rate loan for debt consolidation with fees of no fees. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.
13.17%comparison rate p.a.
from 12.99% advertised · Unsecured · variable · debt consolidation
No application, monthly or annual fee.
Rate over time
Comparison rate · lenders publish the lowest rate in their range- Debt Consolidation Loan
- RBA cash rate
- Unsecured average
Changes
No changes recorded for this product since tracking began on 12 September 2026.
Rates
- Advertised rate
- from 12.99% p.a.
- Comparison rate
- 13.17% p.a.
- Rate type
- Variable
Fees
- Application fee
- None
- Monthly fee
- None
- Annual fee
- None
- Early repayment fee
- None
Loan terms
- Loan amount
- $3,000 – $60,000
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- No
- Flexible repayment frequency
- No
Eligibility
- Minimum age
- 18
About this product
We can consolidate your debt into one, easy to manage unsecured debt consolidation loan.