Rabobank savings accounts

4.1
Based on 253 Rabobank savings account product reviews.
Fact Checked
Last updated

Rabobank is a provider with a focus on the agricultural sector, serving Australia’s farming community and agribusiness. With Rabobank, savers have access to several banking products and savings account products.

Among its products are a High Interest Savings Account, a Premium Saver and a 90 Day Notice Saver. Each of these has its own interest rate terms, benefits and features which should be considered before deciding.

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Editor’s review: Rabobank High Interest Savings Account

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High Interest Savings Account

Maximum rate
5.60 % p.a.
(for $0 to $250,001)
Bonus rate for the first 4 months from account opening
Standard rate
4.35 % p.a.
(for $0 to $250,001)
No Partner link
  • High introductory rate of 5.60% p.a. for 4 months

  • Competitive ongoing base rate of 4.35% p.a.

  • Monthly interest payments

  • Available for both personal and business/SMSF customers (with different rates)

  • Requires linking to a transaction account

  • Rate drops after the introductory period

Our verdict

Rabobank’s High Interest Savings Account could be an excellent choice for savers, offering a high interest rate on balances up to $250,000. The 5.60% p.a. introductory rate for the first four months is particularly attractive and sits at the higher end of the market. After the initial four-month period, the account lowers to a 4.35% p.a. base rate.

It’s worth noting that the account must be linked to a transaction account. While this is an extra step, it can provide more flexibility in managing your cash, allowing for easy transfers between your savings and day-to-day banking needs. 

Rabobank also caters for business/SMSF customers on top of personal banking, though it’s important to note that different rates may apply for business and SMSF accounts.

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can search our database of 252 savings accounts using the filters.
Last updated 22 December 2024 Important disclosures

Rabobank savings accounts

  • High Interest Savings Account

    Maximum rate
    5.60 % p.a.
    (for $0 to $250,001)
    Bonus rate for the first 4 months from account opening
    Standard rate
    4.35 % p.a.
    (for $0 to $250,001)
    No Partner link

  • PremiumSaver

    Maximum rate
    5.35 % p.a.
    (for $0 to $250,001)
    Increase balance by $200 by the end of each month
    Standard rate
    1.45 % p.a.
    (for $0 and over)
    No Partner link

  • SMSF High Interest Savings Account

    Maximum rate
    4.95 % p.a.
    (for $0 to $250,001)
    Introductory bonus rate for 4 months from account opening
    Standard rate
    3.60 % p.a.
    (for $0 to $250,000)
    No Partner link

  • 90 Day Notice Saver

    Maximum rate
    4.95 % p.a.
    (for $0 to $250,001)
    90 days notice required for withdrawals
    Standard rate
    0.00 % p.a.
    (for $0 and over)
    No Partner link

  • 60 Day Notice Saver

    Maximum rate
    4.90 % p.a.
    (for $0 to $250,001)
    60 days notice required for withdrawals
    Standard rate
    0.00 % p.a.
    (for $0 and over)
    No Partner link

  • 31 Day Notice Saver

    Maximum rate
    4.85 % p.a.
    (for $0 to $250,001)
    31 days notice required for withdrawals
    Standard rate
    0.00 % p.a.
    (for $0 and over)
    No Partner link

  • SMSF 90 Day Notice Saver

    Maximum rate
    4.45 % p.a.
    (for $0 to $250,001)
    90 days notice required for withdrawals
    Standard rate
    0.00 % p.a.
    (for $0 and over)
    No Partner link

  • SMSF 60 Day Notice Saver

    Maximum rate
    4.35 % p.a.
    (for $0 to $250,001)
    60 days notice required for withdrawals
    Standard rate
    0.00 % p.a.
    (for $0 and over)
    No Partner link

  • SMSF PremiumSaver

    Maximum rate
    4.25 % p.a.
    (for $0 to $250,001)
    Increase balance by $200 by the end of each month
    Standard rate
    1.35 % p.a.
    (for $0 and over)
    No Partner link

  • SMSF 31 Day Notice Saver

    Maximum rate
    4.25 % p.a.
    (for $0 to $250,001)
    31 days notice required for withdrawals
    Standard rate
    0.00 % p.a.
    (for $0 and over)
    No Partner link

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Rabobank savings account ratings

Overall customer rating for Rabobank savings accounts

4.1
Based on 253 product reviews.

Customer reviews

Important disclosures

FAQs

Is Rabobank safe?

Rabobank is an Authorised Deposit-taking Institution (ADI) in Australia. As such, deposits up to $250,000 are protected by the Australian Government's Financial Claims Scheme, providing a high level of security for your savings.

Are there any fees associated with the Rabobank High Interest Savings Account?

High-interest savings accounts usually have minimal to no monthly fees and Rabobank is no exception. 

Rabobank products

Savings account quick links


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