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Rabobank Savings account reviews

Overall rating
8.3/10
Price
8.7/10
Features
7.2/10
Customer service
7.9/10
Convenience
7.7/10
Trust
8.6/10
Based on 246 reviews as rated by the Mozo community.

Recent Rabobank savings account reviews

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  • Rabobank High Interest Savings Account review

    Overall rating   4 / 10
    Disappointing product.

    I specifically joined this bank for their High Interest Saving Account product. Since I joined the interest rate has decreased dramatically, which is disappointing. I understand that COVID is causing havoc; however, it would have been nice to receive an email or some sort of communication outlining the huge decrease in rate. The bank also uses a handheld digital pin formulator. This is very inconvenient, especially if you are away from home and need to transfer a large amount of money. Having this process transferred to an app would be much more relevant for today's society. Overall, my experience hasn't been unpleasant, simply disappointed in the lack of communication and difficult processes to transfer money.

    Price
    4 / 10
    Features
    3 / 10
    Customer service
    3 / 10
    Convenience
    3 / 10
    Trust
    4 / 10
    Less
    Jemma, Victoria, reviewed 8 days ago
  • Rabobank 31 Day Notice Saver review

    Overall rating   1 / 10
    Don't do it!

    I deposited a sum of money the day before they dropped the interest rate severely and without warning that is now locked in for 3 months and there is nothing I can do about it. Very unfair! This product should not meet Australian consumer rights. They can sell you something and trap you with something else!

    Price
    1 / 10
    Features
    1 / 10
    Customer service
    1 / 10
    Convenience
    1 / 10
    Less
    John, Queensland, reviewed 26 days ago
  • Rabobank 31 Day Notice Saver review

    Overall rating   8 / 10
    Generous interest

    PRO: The interest rates are generous. CON: Their phone app is terrible and the keypass login system needlessly complex.

    Price
    9 / 10
    Customer service
    8 / 10
    Convenience
    5 / 10
    Trust
    8 / 10
    Less
    Peter, Victoria, reviewed 3 months ago
  • Rabobank Savings Account review

    Overall rating   6 / 10
    Great interest rate for savings, glitchy website.

    I would only recommend to others because savings interest is so high with this bank. Onboarding process with bank was buggy (website kept having technical glitches so had to keep re-doing).

    Price
    10 / 10
    Features
    3 / 10
    Customer service
    2 / 10
    Convenience
    1 / 10
    Trust
    6 / 10
    Less
    Rowena, Victoria, reviewed 5 months ago
  • Rabobank Savings Account review

    Overall rating   10 / 10
    Great rates and easy access to money at call.

    Interest rates are great compared to other banks and my money was at call at a higher interest rate than term deposits that are locked in. Great customer service over the phone as banking is all on-line. Recommend this bank to others.

    Price
    10 / 10
    Features
    9 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Kylie, Victoria, reviewed 10 months ago
  • Rabobank Savings Account review

    Overall rating   6 / 10
    Competitive interest, secure, not great website.

    This had relatively good savings interests. But there's a really complex process to log in. There's a separate remote you have to use. I understand security is important, but when I couldn't find my customer number, there was no process set up to recover the information, and no relevant contact information provided. I'm glad I found it, because I think it might have been difficult to recover that information with no email recovery etc, or even an online messanger or virtual assistant.

    Price
    9 / 10
    Features
    2 / 10
    Customer service
    0 / 10
    Convenience
    0 / 10
    Trust
    4 / 10
    Less
    Lucia, Victoria, reviewed 11 months ago
  • Rabobank PremiumSaver review

    Overall rating   8 / 10
    Great intro rate!

    Their introductory rate of 2.5% for 4 months is the best deal I could find.

    Price
    8 / 10
    Customer service
    8 / 10
    Trust
    8 / 10
    Less
    Dana, South Australia, reviewed 11 months ago
  • Rabobank PremiumSaver review

    Overall rating   10 / 10
    Great rural bank, great customer service

    Great service, all from your home. Nothing is too much trouble. Excellent customer service, great products.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Heather, Queensland, reviewed over 2 years ago
  • Rabobank High Interest Savings Account review

    Overall rating   7 / 10
    Very good introductory interest rate

    Very good introductory interest rate, however not simple to set up account and other services are limited.

    Price
    8 / 10
    Features
    0 / 10
    Customer service
    6 / 10
    Convenience
    4 / 10
    Trust
    7 / 10
    Less
    Lachlan, New South Wales, reviewed over 4 years ago
  • Rabobank PremiumSaver review

    Overall rating   9 / 10
    Competive interest rate and great customer service

    Excellent interest rate compared to others. Easy to use mobile app with quick sign in. Logging on to the internet banking through the website is a bit of a hassle with the digipass but it does have a secure feature I guess.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    8 / 10
    Trust
    9 / 10
    Less
    Darren, New South Wales, reviewed about 5 years ago
  • Rabobank 31 Day Notice Saver review

    Overall rating   10 / 10
    Great

    Great

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Steve, New South Wales, reviewed about 5 years ago
  • Rabobank DIY Super 31 Day Notice Saver review

    Overall rating   9 / 10
    Highest security, straight talking communications

    Very high security rating, very secure online banking, communications are straight forward with minimum finance speak.

    Price
    8 / 10
    Features
    8 / 10
    Customer service
    9 / 10
    Convenience
    8 / 10
    Trust
    10 / 10
    Less
    Fred, New South Wales, reviewed about 5 years ago
  • Rabobank PremiumSaver review

    Overall rating   9 / 10
    Consistently offers the best interest rates.

    RaboDirect have consistently had the best interest rates. Customer service is excellent.

    Price
    10 / 10
    Features
    5 / 10
    Customer service
    10 / 10
    Convenience
    8 / 10
    Trust
    10 / 10
    Less
    Gloria, New South Wales, reviewed about 5 years ago
  • Rabobank High Interest Savings Account review

    Overall rating   9 / 10
    Exceptionally accessible and efficient.

    The ease of operation is exceptional.

    Price
    8 / 10
    Features
    7 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Ian, New South Wales, reviewed over 5 years ago
  • Rabobank Savings Account review

    Overall rating   10 / 10
    Secure and great interest rates

    Awesome security process ---- effective and simple.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    John, Victoria, reviewed over 5 years ago
  • Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

    Savings account comparisons on Mozo - rates updated daily

    • Life

      Maximum rate
      3.00% p.a. (for $0 to $30,000)
      standard interest rate
      0.40% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yesup to $250,000

      Make 5 transactions/month on linked Westpac Choice account and min 1 deposit and higher balance than at the beginning of the month in Life savings account.

      Promoted
    • Bonus Saver Account

      Maximum rate
      1.65% p.a. (for $0 to $250,000)
      standard interest rate
      0.15% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yesup to $250,000

      Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.

      Promoted
    • Hero Saver

      Maximum rate
      1.15% p.a. (for $0 to $250,000)
      standard interest rate
      0.01% p.a.(for $0 to $5,000,000)
      Govt Deposit Guarantee
      Yesup to $250,000

      Minimum deposit of $200 and no withdrawals in the month.

      Promoted
    • Online Saver

      Maximum rate
      1.55% p.a. (for $0 to $500,000)
      standard interest rate
      0.35% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yesup to $250,000

      Bonus rate for the first 4 months from account opening

      Promoted
    • Progress Saver

      Maximum rate
      0.85% p.a. (for $0 and over)
      standard interest rate
      0.01% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yesup to $250,000

      Bonus interest when you make a single deposit of $10 or more in a month and no withdrawals

      Promoted

    Want more? Compare all 227 savings accounts in the Mozo comparison engine.

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    About Mozo community reviews

    Mozo gives you the inside story on the best banking, energy and insurance products as rated by thousands of real customers around Australia. We don't make subjective judgments, nor do advertisers influence our ratings. Although our reviews may be moderated to improve quality standards, they are moderated independently of any of Mozo’s commercial relationships.