| Product | Interest rate | Maximum rate | Govt deposit guarantee | |
|---|---|---|---|---|
| 31 Day Notice Saver |
0% p.a.(for $0 and over) |
4.90% p.a. (for $0 to $250,001) |
Yes up to $250,000 |
|
| 60 Day Notice Saver |
0% p.a.(for $0 and over) |
4.95% p.a. (for $0 to $250,001) |
Yes up to $250,000 |
|
| 90 Day Notice Saver |
0% p.a.(for $0 and over) |
5.00% p.a. (for $0 to $250,001) |
Yes up to $250,000 |
|
| High Interest Savings Account |
4.40% p.a.(for $0 to $250,001) |
5.75% p.a. (for $0 to $250,001) |
Yes up to $250,000 |
Go to site |
| PremiumSaver |
2.50% p.a.(for $0 and over) |
5.00% p.a. (for $0 to $250,001) |
Yes up to $250,000 |
Mozo users have rated Rabobank savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
252 Reviews
I have been with Rabobank, after researching high interest savings accounts (they rated in the top 3) because they charge no fees and offer reasonable returns on your money. After Covid they have dropped in rankings and I am currently considering other higher interest account returns but will remain with them until I decide to switch. The pros: No fees, no deposit required, competitive interest rates, can speak with a customer service rep who is helpful and no penalising fee for withdrawing your savings. The cons: Only allowed to transfer to one account (which you must nominate) and can take up to 24 hours to receive your own money.
Read full reviewI have been with Rabobank, after researching high interest savings accounts (they rated in the top 3) because they charge no fees and offer reasonable returns on your money. After Covid they have dropped in rankings and I am currently considering other higher interest account returns but will remain with them until I decide to switch. The pros: No fees, no deposit required, competitive interest rates, can speak with a customer service rep who is helpful and no penalising fee for withdrawing your savings. The cons: Only allowed to transfer to one account (which you must nominate) and can take up to 24 hours to receive your own money.
I was very happy to find that Rabobank offers a great interest rate on its high interest savings accounts. It was a simple process to open the account and the app is very easy to use.
Read full reviewI was very happy to find that Rabobank offers a great interest rate on its high interest savings accounts. It was a simple process to open the account and the app is very easy to use.
I wouldn’t recommend opening up a high savings account with Rabobank. We had nothing but problems opening the account, setting up online banking and then closing the account.
Read full reviewI wouldn’t recommend opening up a high savings account with Rabobank. We had nothing but problems opening the account, setting up online banking and then closing the account.
I have been with Rabobank for over ten years. They have competitive rates and a wide selection of savings accounts to choose from. Of course they entice new members with a very good short term savings rate but after the initial period, their rates are still very good, compared to other banks. With their newest portal they have lost the function of being automatically told how much interest you accrue month by month. This was really a good feature. However, not that important if you don't have much money. I have only ever used online banking. Money is not a problem to move to and from the acccount. Main thing is they are easy to use and have very good security. It is a pleasure to do business with this bank.
Read full reviewI have been with Rabobank for over ten years. They have competitive rates and a wide selection of savings accounts to choose from. Of course they entice new members with a very good short term savings rate but after the initial period, their rates are still very good, compared to other banks. With their newest portal they have lost the function of being automatically told how much interest you accrue month by month. This was really a good feature. However, not that important if you don't have much money. I have only ever used online banking. Money is not a problem to move to and from the acccount. Main thing is they are easy to use and have very good security. It is a pleasure to do business with this bank.