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Rabobank Notice Saver

Advertiser disclosure
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 product that suits you best

Name
31 Day Notice Saver
60 Day Notice Saver
90 Day Notice Saver
  • 31 Day Notice Saver
  • 60 Day Notice Saver
  • 90 Day Notice Saver
Interest rate
0% p.a.(for $0 and over)
Maximum rate
4.90% p.a. (for $0 to $250,001)
Govt deposit guarantee
Yes up to $250,000
Interest rate
0% p.a.(for $0 and over)
Maximum rate
4.95% p.a. (for $0 to $250,001)
Govt deposit guarantee
Yes up to $250,000
Interest rate
0% p.a.(for $0 and over)
Maximum rate
5.00% p.a. (for $0 to $250,001)
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Rabobank Notice Saver - last updated: 27 March 2024

binocular icon
What's hot
  • Australia's only hybrid savings term account
  • 5.00% variable interest rate (90 day notice period)
  • Totally fee-free
What's not
  • Rates drop for deposits of $250,000 or more
  • Can't withdraw funds without giving notice (this could also be a plus!)
Mozo snapshot

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 90 Day Notice Saver is part savings account, part term deposit. The Notice Saver has a variable interest rate of 5.00% for 90 days, no fees, and you can add funds at any time and withdraw them, but you'll need to give notice.

key icon
Key features

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 5.00% p.a. for balances up to $250,000.

The 31 day notice account has a rate of 4.90% p.a., and the 60 day is 4.95% p.a. 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 3.70% for 31 day notice, 3.75% for 60 days notice and 3.80% for 90 days notice. For balances over $2M, the 31 day Notice Saver accounts have a 3.70% variable interest rate, or 3.80% 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).


snapshot
Who is it good for

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.

question icon
Any catches

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.

Details

Rates and fees information correct as at 16 July 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.00% p.a.

Balances from $0: 4.90% p.a.
Balances from $250,001: 3.70% p.a.
Balances from $2,000,000.01: 3.70% 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.

Fees

$0.00

n/a

Unlimited free transactions.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$0.00

n/a

Other financial bits

$1.00

$0.00

Monthly

Features

no

n/a

no

no

no

no

no

no

yes

no

no

Funds cannot be withdrawn without serving the minimum notice period. Must be linked to a transaction account. Must open and maintain a HISA.

none

none

Details

Rates and fees information correct as at 16 July 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.00% p.a.

Balances from $0: 4.95% p.a.
Balances from $250,001: 3.75% p.a.
Balances from $2,000,000.01: 3.75% 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.

Fees

$0.00

n/a

Unlimited free transactions.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$0.00

n/a

Other financial bits

$1.00

$0.00

Monthly

Features

no

n/a

no

no

no

no

no

no

yes

no

no

Funds cannot be withdrawn without serving the minimum notice period. Must be linked to a transaction account. Must open and maintain a HISA.

none

none

Details

Rates and fees information correct as at 16 July 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.00% p.a.

Balances from $0: 5.00% p.a.
Balances from $250,001: 3.80% p.a.
Balances from $2,000,000.01: 3.80% 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.

Fees

$0.00

n/a

Unlimited free transactions.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$0.00

n/a

Other financial bits

$1.00

$0.00

Monthly

Features

no

n/a

no

no

no

no

no

no

yes

no

no

Funds cannot be withdrawn without serving the minimum notice period. Must be linked to a transaction account. Must open and maintain a HISA.

none

none

Customer Reviews

How are Rabobank savings accounts rated by the Mozo community?

Overall
8.2/10
Price
8.6/10
Features
7.1/10
Customer service
7.8/10
Convenience
7.6/10
Trust
8.5/10
Based on 252 Rabobank savings account reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of Rabobank Notice Saver Savings Account

About Rabobank

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Rabobank

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4.40% p.a.(for $0 to $250,001)

5.75% p.a. (for $0 to $250,001)

Yes up to $250,000

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4.75% p.a.(for $0 to $1,000,000)

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Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

0% p.a.(for $0 and over)

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Savings+Bonus

5.00% p.a. (for $0 to $250,000)

2.00% p.a.(for $0 to $250,000)

Yes up to $250,000

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Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

0.05% p.a.(for $0 and over)

Yes up to $250,000

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Westpac

Life - 18-29 years old

5.20% p.a. (for $0 to $30,000)

2.00% p.a.(for $0 and over)

Yes up to $250,000

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Savings Maximiser

5.50% p.a. (for $0 to $100,000)

0.55% p.a.(for $0 and over)

Yes up to $250,000

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Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

4.40% p.a.(for $0 to $250,001)

Yes up to $250,000

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ING

Savings Accelerator

3.35% p.a. (for $0 to $50,000)

2.85% p.a.(for $0 to $50,000)

Yes up to $250,000

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Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

4.75% p.a.(for $0 to $1,000,000)

Thumbnail icon for IMB Bank
IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

0% p.a.(for $0 and over)

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

0.05% p.a.(for $0 and over)

Thumbnail icon for Rabobank
Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

Yes up to $250,000

4.40% p.a.(for $0 to $250,001)

Thumbnail icon for First Option Bank
First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

2.00% p.a.(for $0 to $250,000)

Thumbnail icon for Westpac
Westpac

Life - 18-29 years old

5.20% p.a. (for $0 to $30,000)

Yes up to $250,000

2.00% p.a.(for $0 and over)

Thumbnail icon for ING
ING

Savings Maximiser

5.50% p.a. (for $0 to $100,000)

Yes up to $250,000

0.55% p.a.(for $0 and over)

Thumbnail icon for ING
ING

Savings Accelerator

3.35% p.a. (for $0 to $50,000)

Yes up to $250,000

2.85% p.a.(for $0 to $50,000)

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