This product is available in different versions. Pick the right version for you here.
The details shown below are for the 31 Day Notice Saver
The details shown below are for the 60 Day Notice Saver
The details shown below are for the 90 Day Notice Saver
Choose the version of this loan that suits you best
Name | |
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31 Day Notice Saver |
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60 Day Notice Saver |
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90 Day Notice Saver |
31 Day Notice Saver
60 Day Notice Saver
90 Day Notice Saver
0% p.a.(for $0 and over)
1.75% p.a. (for $0 to $250,001)
Rabobank Notice Saver
0% p.a.(for $0 and over)
1.75% p.a. (for $0 to $250,001)
Rabobank Notice Saver
0% p.a.(for $0 and over)
1.75% p.a. (for $0 to $250,001)
0% p.a.(for $0 and over)
1.80% p.a. (for $0 to $250,001)
Rabobank Notice Saver
0% p.a.(for $0 and over)
1.80% p.a. (for $0 to $250,001)
Rabobank Notice Saver
0% p.a.(for $0 and over)
1.80% p.a. (for $0 to $250,001)
0% p.a.(for $0 and over)
1.95% p.a. (for $0 to $250,001)
Rabobank Notice Saver
0% p.a.(for $0 and over)
1.95% p.a. (for $0 to $250,001)
Rabobank Notice Saver
0% p.a.(for $0 and over)
1.95% p.a. (for $0 to $250,001)
Last updated: 8 October 2019.
Australia's only hybrid savings term account
1.95% variable interest rate (90 day notice period)
Totally fee-free
Rates drop for deposits of $250,000 or more
Can't withdraw funds without giving notice (this could also be a plus!)
Want to put your savings at arms length but don't like the commitment of locking your money away in a fixed term deposit? We have some good news for you. Savings specialist Rabobank's notice savings account is part savings account, part term deposit. The Notice Saver has a solid variable interest rate of 1.95% for 90 days, no fees, and you can add funds at any time and withdraw them, but you'll need to give notice.
Like most online savings accounts, the Notice Saver has a variable interest rate and no fees. The rate is tiered depending on the notice period and the account balance. There are three notice period options: 31, 60 and 90 day but the best rates are for the 90 day notice at 1.95% for balances up to $250,000.
The 31 day notice account has a rate of 1.75%, and the 60 day is 1.80% for balances up to $250,000 which fall under the Government guarantee on deposits.
For balances between $250,000 and $2 million the interest rate is 1.65% for 31 day notice, 1.75% for 60 days notice and 1.90% for 90 days notice. For balances over $2M, the 31 and 60 day Notice Saver accounts have a 1.15% variable interest rate, or 1.35% for the 90 day Notice Saver.
The beauty of the Notice Saver is that, unlike a term deposit you can keep adding money to the account whenever you like. And unlike a savings account, you can't access your money at a whim. You can withdraw funds at anytime but you need to give notice. Your notice period will depend on what notice period you select when you open the account (31, 60, 90 days).
There is no minimum balance requirements so the Notice Saver is a great account if you are trying to build up your savings over a period of time and want to avoid the temptation of mid-year sales and other impulse buys.
It is also a good savings
account for people with self-managed super funds (SMSF) or sole traders who
need to put away cash for GST instalments but don't want a fixed term
investment for their money (Different rates apply).
You must also be an Australian resident over the age of 18 to open a Notice Saver account.
Impulse buyers beware. If you don't provide Rabobank with the minimum notice period you won't be able to get your money. This could be seen as a plus if you're trying to kick the spending habit, but it is recommended that you keep a small stash in an at-call high interest savings account just in case you need some money in a hurry.
Balances from $0: 0.00% p.a.
Balances from $0: 1.75% p.a.
Balances from $250,001: 1.65% p.a.
Balances from $2,000,000: 1.15% p.a.
The notice period is the amount of time you have to wait before you can withdraw your planned transfers from your Notice Saver account.
$0.00
n/a
Unlimited free transactions from internet.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$1.00
$0.00
Monthly
no
none
no
no
no
no
no
no
yes
no
no
Funds cannot be withdrawn without serving the minimum notice period.
none
none
Balances from $0: 0.00% p.a.
Balances from $0: 1.80% p.a.
Balances from $250,001: 1.75% p.a.
Balances from $2,000,000: 1.15% p.a.
The notice period is the amount of time you have to wait before you can withdraw your planned transfers from your Notice Saver account.
$0.00
n/a
Unlimited free transactions from internet.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$1.00
$0.00
Monthly
no
none
no
no
no
no
no
no
yes
no
no
Funds cannot be withdrawn without serving the minimum notice period.
none
none
Balances from $0: 0.00% p.a.
Balances from $0: 1.95% p.a.
Balances from $250,001: 1.90% p.a.
Balances from $2,000,000: 1.35% p.a.
The notice period is the amount of time you have to wait before you can withdraw your planned transfers from your Notice Saver account.
$0.00
n/a
Unlimited free transactions from internet.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$1.00
$0.00
Monthly
no
none
no
no
no
no
no
no
yes
no
no
Funds cannot be withdrawn without serving the minimum notice period.
none
none
Great
Read full review
Great
Less
Steve | New South Wales
reviewed about 4 years ago
Rabo direct is amazing as it gives us the best interest rates which helps us reach our family...
Read full review
Rabo direct is amazing as it gives us the best interest rates which helps us reach our family goals quicker! They also have excellent and easy customer service.
Less
Lauren | Queensland
reviewed about 5 years ago
I really like Rabo Bank. I feel safe with the security, as you are given a little device that is...
Read full review
I really like Rabo Bank. I feel safe with the security, as you are given a little device that is coded to your password and you get other codes through it. The notice saver is a great way to save as you have to give 31 days notice to get your money.
Less
Ebonee | Victoria
reviewed over 5 years ago
RaboDirect has created a suite of savings accounts that work together to give you flexibility and choice. Open one account and you automatically get access to the whole set, with no fees and without the hassle of multiple applications. As an 100% online savings account provider RaboDirect takes security seriously, protecting customers with its Digipass security device, plus balances up to $250,000 are guaranteed by the Australian Government.
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2.50% p.a. (for $0 to $250,001)
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2.10% p.a. (for $0 to $200,000)
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2.36% p.a. (for $0 to $250,000)
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1.95% p.a. (for $0 and over)
0.20% p.a.(for $0 and over)
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2.50% p.a. (for $0 to $250,001)
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$0.00
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1.85% p.a. (for $0 to $250,000)
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$0.00
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1.60% p.a. (for $0 and over)
0.10% p.a.(for $0 and over)
$0.00
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USaver with Ultra Transaction Account
2.10% p.a. (for $0 to $200,000)
1.04% p.a.(for $0 to $5,000,000)
$0.00
Promoted
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Growth Saver Account
1.95% p.a. (for $0 and over)
0.20% p.a.(for $0 and over)
$0.00
Promoted
Citi
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2.30% p.a. (for $0 to $500,000)
0.85% p.a.(for $0 and over)
$0.00
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1.85% p.a. (for $0 to $250,000)
0.01% p.a.(for $0 to $5,000,000)
$0.00
Promoted
ME
Online Savings Account
2.05% p.a. (for $0 to $250,000)
0.35% p.a.(for $0 and over)
$0.00