High Interest Savings Account | Rabobank Australia
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The Offer

EARN 5.75% P.A*

variable rate on your first $250,000               


  • Bonus introductory variable rate for the first 4 months (up to $250,000)
    *(if applicable), commences on the day your BSB & Account number are issued.
  • Ongoing high interest rate to keep your savings growing & you reaching your goals faster
  • No need to change your everyday banking
  • Three tiers of interest based on your balance
  • Supporting Aussie farmers with every dollar you save

*Current 4 month introductory variable rate for new personal customers on deposits up to $250,000, commences on the day your BSB & Account number are issued not from when the account is funded. Rate subject to change. Not available where you have closed a Rabobank Online Savings account within the previous 2 years.

The Benefits

No account keeping fees
No minimum balance
Interest paid monthly
Online and mobile banking
The Australian Government Guarantee protects the first $250,000 of all deposits held, per person, with Rabobank.

Apply Now

EARN 5.75% P.A*

variable rate on your first $250,000.

 

Canstar   Mozo  We Money Award 2023

  • The 4 month introductory variable rate (up to $250,000) is a great way to kick-start your savings
APPLY NOW

*Current 4 month introductory variable rates for new personal customers on deposits up to $250,000. Rate subject to change.

Read our terms & conditions before making investment decisions. 
The Target Market Determination for High Interest Savings Account is available here.

HISA intro variable rates

Interest rate (% p.a.)
4 month additional variable rate
1.35%
Standard variable rate
4.40%
Total intro rate
5.75%

See all our rates for personal
EARN 0.01% P.A*

variable rate on your first $250,000.

  • The 4 month introductory variable rate (up to $250,000) is a great way to kick-start your savings
APPLY NOW See all our rates for business

*Current 4 month introductory variable rates for new business customers on deposits up to $250,000. Rate subject to change.

HISA intro variable rates

Interest rate (% p.a.)
4 month additional variable rate
0%
Standard variable rate
0%
Total intro rate
0.01%
EARN 4.95% P.A*

variable rate on your first $250,000.

 

  Mozo Experts Choice 2023

  • The 4 month introductory variable rate (up to $250,000) is a great way to kick-start your savings
APPLY NOW

*Current 4 month introductory variable rates for new SMSF customers on deposits up to $250,000. Rate subject to change.

Read our terms & conditions before making investment decisions. 
The Target Market Determination for High Interest Savings Account is available here.

HISA intro variable rates

Interest rate (% p.a.)
4 month additional variable rate
1.35%
Standard variable rate
3.60%
Total intro rate
4.95%

See all our rates for SMSF

100% of your money deposited with us funds Aussie farmers and agribusinesses to bring food to our tables. Such as the Andreazza’s who produce the soft wheat that makes Tim Tams.

 

Read their story

Client Testimonial

The most commonly asked questions

All about our High Interest Savings Account and how it works

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The High Interest Savings Account (HISA) is our primary account which all customers are required to have when combined with any of our Online Savings accounts or Term Deposits. It is a variable rate product, with no fees, no minimum balance requirements and no minimum term. You can transfer money any time between your Linked account with your other bank and your HISA using either the BSB and account number or our direct debit option to transfer money in from your nominated linked account once it has been verified. From your HISA you can also instantly transfer funds into any of your other Online Savings accounts or to open Term Deposits. 

Customers can only open one HISA per entity type (individual, joint and SMSF). If you have more funds to invest and would like to maximise your interest we have a range of savings products that may meet your needs. More information about these products can be found on our website. 

Interest is calculated daily on the available account balance and paid monthly. There are three tiers and the HISA interest rate offered depends on your account balance. These tiers apply to all personal, joint and SMSF accounts; 

Tier 1: for account balances up to $250,000
Tier 2: on the portion of your balance between $250,001 and $1million
Tier 3: on the portion of your account balance which is above $1million

Click here to check current personal interest rates or Click here to check current SMSF interest rates.

To see exactly how much interest you're earning, log in to Internet Banking and click ‘view rates’ next to your High Interest Savings Account on the home page.

Intro rate - Can I open more than one HISA

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No. Customers can only open one HISA account. If you have a more funds to invest and would like to maximise your interest we have a range of savings products that may meet your needs. More information about these products can be found on our website. 

Intro rate - Can I receive the introductory variable rate for my SMSF?

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Absolutely, we offer an introductory variable rate for new SMSF customers. Different introductory variable rates apply to SMSF and Personal customers. 

Can the interest rate change?

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Yes, interest rates offered on our High Interest Savings Account, Purpose Saver, Notice Saver and PremiumSaver are variable and may change. Our Term Deposits have fixed rates.

We'll always let you know when the interest rates change.

When is the interest rate calculated and paid into my account?

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Interest is calculated daily throughout the month and is paid into your High Interest Savings Account at the end of each month. You can see the amount of interest you have earned for the previous month on the next months account statement or transaction history.

Can I install the Rabobank Online Savings Mobile App on more than one device?

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Yes, you can download and register the Rabobank Online Savings Mobile App on as many devices as you need to.

You’ll need your customer number and Digipass to register the first time, and the steps are the same as logging in to internet banking.

How do I transfer funds into my Rabobank Online Savings account?

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You can transfer funds into your High Interest Savings Account (HISA) using the 'Transfer money’ feature via both Internet and Mobile Banking if you have direct debits enabled. To enable direct debit functionality please contact our Sydney based team on 1800 445 445, Monday to Friday between 6am and 8pm.

You can also transfer funds into any of your HISA or PremiumSaver accounts via electronic funds transfer (EFT) from most Australian accounts using your Rabobank BSB and account number.