Support Aussie farmers and boost your savings
Rabobank has long been known as the bank for agribusinesses, but did you know that it’s also one of Australia’s leading providers of high interest savings and term deposit options for everyday Australians?
Right now, its award-winning^ high interest savings account has the highest introductory rate in our database at 5.75% p.a for the first 4 months, after which it reverts to 4.40% p.a. Compared to the average unconditional savings rate in our database, which is a miserly 1.62% p.a*, you could give your savings an added boost just by switching.
It also offers a competitive term deposit offering 5.00% p.a. for 6 months or 1 year terms (interest paid at maturity) and only a minimum deposit of $1000 needed, with funds of up to $250,000 covered by the Government Deposit Guarantee.
What’s more, if you bank with Rabo 100% of your savings are used to fund Aussie farmers. Every dollar you save is reinvested here and used to fund local food, farming and agriculture.
You don’t even need to change your everyday banking or open an unwanted bank account like some other savings providers require. Simply apply online in minutes and manage your account via online and mobile banking.
RABOBANK HIGH INTEREST SAVINGS
- 5.75% p.a. for the first 4 months (4.40% p.a. ongoing)
- Mozo Experts Choice Winner 2024^
This award-winning account from Rabobank offers new customers a cracking introductory rate of 5.75% p.a. for the first four months on balances up to $250K, and the ongoing rate is a competitive 4.40% p.a. There are no pesky minimum balance or minimum deposit requirements, and as there are also no account fees you can enjoy both hassle-free and fee-free saving.
RABOBANK TERM DEPOSIT
- 5.00% p.a. on a 6 month term
- 5.00% p.a. on a 1 year term
- $1,000 minimum investment
- Mozo Experts Choice Award winner 2024^
Stay on track with motivation to reach your savings goals and reward yourself with a higher rate for your good savings habits. Rabobanks’s PremiumSaver is simple - you’ll receive the maximum rate when you grow your balance by at least $200 each month. Base rate of 1.50% if conditions not met (T&Cs apply). There are no account keeping fees or minimum balances required. Plus, your savings will be helping our Aussie farmers produce the food we love to enjoy.
RABOBANK PREMIUMSAVER
- Earn 5.45% p.a. max. variable rate on balances up to $250,000
- No account keeping fees to pay
Stay on track with motivation to reach your savings goals and reward yourself with a higher rate for your good savings habits. Rabobanks’s PremiumSaver is simple - you’ll receive the maximum rate when you grow your balance by at least $200 each month. Base rate of 1.50% if conditions not met (T&Cs apply). There are no account keeping fees or minimum balances required. Plus, your savings will be helping our Aussie farmers produce the food we love to enjoy.
RABOBANK NOTICE SAVER
- Earn up to 5.00% p.a. variable rate on the 90 day notice saver
- For balances up to $250,000
Rabobank’s Notice Saver account offers rewarding rates for planning ahead, helping you stay focused on your savings goals. The Notice Saver Account offers you the choice of 31, 60 and 90 day options, which is the notice period is the amount of time you have to wait before you can withdraw (T&Cs apply). Together with a fast online application process, you will also be supporting Aussie farmers too.
^ According to the Mozo database as at 23 May, 2024 based on a personal account balance of $10,000.
* Different interest rates apply to different amounts or different interest payment frequencies.
^See information about the Mozo Experts Choice Savings Account Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.