Our communication platform will be offline for scheduled maintenance from 11pm on 2 June 2025 to 1:30am 3 June 2025 and 12am to 1am on 18 June 2025. There will be minor disruptions to customers receiving SMS verification codes during this time.

If you’d like to speak to us, we’re available Monday to Friday 6am to 8pm (Sydney time) on 1800 445 445.

Business Deposit Accounts

Grow your savings with our range of savings accounts, offering flexibility, simplicity, and easy access to your money.

Feel good knowing your savings help support our local farmers to grow the food we enjoy every day.

Business Savings

Saving with purpose to support Australian farmers

With a range of online savings accounts and term deposits available to businesses, our products give you flexibility with variable and fixed rates to maximise your savings. And you can feel good about your savings, knowing that your're supporting Australian farmers to put food on our tables and clothes on our backs, with 100% of your deposits supporting Aussie farmers, food and agribusiness.

We keep saving simple, start with our High Interest Savings Account and you'll be able to access the whole set, with no account keeping fees and without the hassle of multiple applications.

Government Guarantee

The Australian Government Guarantee protects the first $250,000 of all deposits held, per account holder, with Rabobank.

Check if you're eligible to open a Business Deposit account here >

High Interest Savings Account

Up to

% 

 

p.a#

Make every dollar you save work harder and reach your goals faster.

  • Kick-start your savings with our 4 month introductory variable rate (up to $1,000,000)
  • No need to change your everyday banking
  • No account keeping fees
  • View the interest rate tiers here
PremiumSaver

Up to

% 

 

p.a*

Enjoy a higher rate of interest just for increasing your balance by at least $2,000 each month*.

  • Stay on track with extra incentive to reach your savings goals
  • Earn the maximum rate when you increase your balance by $2,000 (excluding interest paid) by the last business day of the month*
  • Simplify your saving habits with an automated Regular Savings Plan
  • View the interest rate tiers here
Notice Saver

90 Day Notice Saver up to

% 

 

p.a^

Ideal when you don't need instant access to your savings and want to stay focused on your goals.

  • Choose from a 31 day, 60 day and 90 day notice period
  • Greater flexibility with the ability to top up your balance whenever you like 
  • You'll automatically get a High Interest Savings Account in your savings portfolio
  • View the interest rate tiers here
Term Deposits

1 year term

% 

 

p.a**

Benefit from a guaranteed return on your savings.

  • Start with as little as $1,000 and get your interest paid monthly, quarterly, half-yearly or yearly~
  • Receive a 0.10% loyalty bonus on top of your rollover rate when you automatically reinvest your Term Deposit before maturity
  • You'll automatically get a High Interest Savings Account in your savings portfolio
  • View interest rates here

"I couldn’t believe how much the bank actually puts in to the agriculture industry – it’s huge! That really made me proud to be banking with Rabobank."

READ MORE

Frequently asked questions

Being eligible for a Rabobank Online Savings Business account means that you are operating an account specifically for business purposes, including managing finances for a company. Rabobank’s Online Savings Business account is currently offered to private and proprietary companies that meet the following criteria:

  • Incorporated in Australia and be registered with the Australian Securities and Investments Commission (ASIC);
  • Be an active non-financial entity;
  • Have Directors and Shareholders who are all tax residents of and residing in Australia;
  • Any Director(s) of the Company is/are a Shareholder(s), and all Shareholders hold more than or equal to 25% of shares; and
  • All shares are beneficially held by individual Shareholders in their personal capacity (shares cannot be held by a Trust or other entity).

Additionally, to apply for a Business account you must be:

  • The Director of the proprietary/private Company; and
  • An Australian tax resident and reside in Australia.

You will need to be a Company Director. As the Company Director, you’ll need to have the following for the online application:

  • The Company’s name and Australian Company Number (ACN);
  • An Australian bank account in the name of the Company with another financial institution;
  • A valid Australian driver’s licence or passport; and
  • Your mobile phone and smart device (mobile or tablet) to download our mobile app to access and operate your account.

Business customers are able to open a High Interest Savings Account, Term Deposits, PremiumSaver and Notice Savers (31day, 60days and 90 days). Customers must always hold and operate the High Interest Savings Account.

No. Customers can only open one Business Online Savings account. 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.

There are a number of services available once logged into online banking via your computer or mobile banking including but not limited to:

  • viewing your balance or statements
  • transferring money
  • opening additional accounts
  • managing Term Deposits including maturity instructions (internet banking only)

 

A Nominated Linked Account is an everyday transaction account that you hold with another Australian financial institution. This is the account used to transfer money in and out of your Rabobank Online Savings account. Your Rabobank Online Savings account and Nominated Linked Account needs to be in the same name and entity type.

Please refer to Business Savings Rates for the latest information on available interest rates.

When you submit your online application, you will be asked to download a Rabobank Online Savings Account Opening Authority form that you need to complete, sign and return. You will also need to organise for each Director and Shareholder to provide documentation to verify their identity.

The forms/documents should be sent to the addresses below:

Email the completed forms and all supporting certified identification documents to clientonboardingAU@rabobank.com from the same email address used in your savings application.

Alternatively, you can also post these documents to the following address:

Rabobank Online Savings
Reply Paid 4715
Sydney NSW 2001
 

There are no minimum requirements apart from:

  • a minimum deposit of $1 from your Nominated Linked Account to your business High Interest Savings Account is required to verify your account
  • Term Deposits require a minimum of $1,000 to open

No, Rabobank Online Savings does not provide access to transactional accounts or a debit card.

You can contact the Client Services team Monday to Friday, 6am - 8pm Sydney time on 1800 445 445 to check the status of your application. If you have not submitted your application yet, you can navigate to ‘Apply for a Savings Account’ on the home page and click ‘Continue application’.

If you have all the information readily available, it should take you approximately 30 minutes to complete and submit the application.

Once submitted, the application will be reviewed and once all required documentation is received, processed by Rabobank.

The online application will automatically log out after 20 minutes of inactivity, so please ensure that you save the details entered before leaving the site.
 

There is only provision for one authorised signatory for a Rabobank  Online Savings Business account.

A regular savings plan can be established on your PremiumSaver if you have enabled direct debits to be processed from your Nominated Linked Account into your Rabobank Online Savings accounts.

If enabled, you’re are able to set up a recurring automated withdrawal from your Nominated Linked Account with the funds transferred to your PremiumSaver account. You can select the amount of the withdrawal and also the frequency including a once off transfer or periodically from weekly, monthly or annually.

To enable regular transfers into your PremiumSaver account and you don’t have direct debit functionality, please call our team on 1800 445 445, Monday to Friday between 6am and 8pm.

#Current 4 month introductory variable rate for new business customers on deposits up to $1,000,000. Rate subject to change. Read our terms & conditions before making investment decisions. Different rates apply to Personal (Individual & Joint) and SMSF customers.

^Rates are variable and subject to change. Please read the terms and conditions and Notice Saver PDS before making investment decisions.

* Maximum rates apply when your closing balance on the last day of the month is at least $2,000 higher than it was at the beginning of the first day of the month (excluding interest earned).

** Interest paid at maturity. Early termination fees apply. Excludes 0.10% loyalty bonus.

Read our terms & conditions before making investment decisions. The Target Market Determination for High Interest Savings Account, PremiumSaver, Notice Saver and Term Deposits are available here.

Unless otherwise specified, Rabobank Australia Limited ABN 50 001 621 129 AFSL 234 700 is the issuer of the products and services described on this page. Any advice provided is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Consider the relevant disclosure documents and terms and conditions for these products, including the Product Disclosure Statement for the Notice Saver Account (all available at www.rabobank.com.au, Rabobank branches or by calling 1300 30 30 33 Monday - Friday between 6am - 8pm Sydney time) along with your personal objectives, financial situation and needs before making any financial decisions.