Trust Deposit Accounts
Our savings accounts for Trusts provide savings flexibility, offering a choice of different savings options, great rates, no account keeping fees and straightforward access to funds - giving trustees confidence their cash is working efficiently.
Savings solutions designed for Trusts
Our Savings Accounts for Trusts support trustees in managing and growing trust funds with confidence, clarity and care. You can choose from a range of savings options, including variable and fixed interest rates, to align with your trust’s objectives and timeframes. With flexibility and certainty where you need it most, our accounts are designed to help you balance growth, stability and accessibility - so your trust’s money is always working hard for its beneficiaries.
We understand that managing trust funds comes with responsibility. That’s why our savings solutions are simple to manage and support prudent, long‑term decision‑making. Whether your trust is saving for future distributions, major investments or ongoing obligations, we’re here to support you with banking that puts trust management first.
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 Trust 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 $250,000)
- No need to change your everyday banking
- No account keeping fees
- View the interest rate tiers here
Term Deposits
1 year term
%
p.a**
Fixed interest on a 1 year Term Deposit for balances between $500,000.01 to $2,000,000.
Benefit from a fixed return on your savings.
- 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
- No account keeping fees
- View interest rates here
PremiumSaver
Up to
%
p.a*
Enjoy a higher rate of interest just for increasing your balance by at least $200 each month*.
- Stay on track with extra incentive to reach your savings goals
- Earn the maximum rate when you increase your balance by $200 (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
- No account keeping fees
- View the interest rate tiers here
Frequently asked questions
To be eligible as a Trust, the trust must:
- Be created in Australia
- Have a Trust Deed. Rabobank will request a certified copy of the Trust Deed and any variations to the Trust Deed once your application is received
- Have an Australian bank account in the name of the Trust with another Australian Financial institution
- Have a maximum of three (3) trustees who are all natural persons (not companies). The trustees of the Trust must be individuals, and cannot be other entity types (such as companies, or other incorporated societies). All trustees must also be Australian tax residents and reside in Australia
- The settlor(s), appointer(s) and beneficiaries must all be natural persons, be Australian tax residents and reside in Australia
For Trusts, you’ll need to have the following for the online application:
- You must be a trustee of the Trust
- An Australian tax resident and reside in Australia
- Have a valid driver’s license or passport
- Mobile phone and or a smart device (mobile phone or tablet) to download and use our mobile App
Trust customers are able to open a High Interest Savings Account, Term Deposits, PremiumSaver and Notice Savers (31day, 60days and 90 days) and Purpose Saver.
Customers must always hold and operate the High Interest Savings Account.
Please refer to Trust Savings Rates for the latest information on available interest rates.
#Current 4 month introductory variable rate for new trust customers on deposits up to $250,000. Rate subject to change. Read our terms & conditions before making investment decisions. Different rates apply to Personal (Individual & Joint), SMSF and Business customers.
^Rates are variable and subject to change. Please read the terms and conditions and Notice Saver PDS before making investment decisions.
* The interest rate displayed includes the base rate and bonus rate which applies when your closing balance on the last Business Day of the month is at least $200 greater than the balance as at the start of the month (in addition to any interest paid in that month).
~ Monthly, quarterly and half yearly interest only applies to terms 12 months or more.
** Interest paid annually. 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.