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Open a High Interest Savings Account today

Our High Interest Savings Account helps grow your savings while offering flexibility and easy access to your money.

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

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Rabobank helps you grow your savings banner

Featured savings accounts

High Interest Savings Account

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UP TO

% 

P.A.^

^4 month intro rate for new customers. Subject to change.

Term Deposits

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1 YEAR TERM

% 

P.A.*

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

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5 YEAR TERM

% 

P.A.**

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

Download our brochure to learn about the Rabo Difference and our savings products.

High Interest Savings Account

Up to

% 

 

p.a^

Get the most out of every dollar you save without changing your everyday bank, helping you save in the most flexible way.

Premium
Saver

Up to

% 

 

p.a*

Create a smart saving habit and get a higher rate of interest just for increasing your balance by at least $200 each month*.

 

LEARN MORE 

Finder Awards 2025 Highly Commended Savings Account
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.

Term
Deposits

1 year term

% 

 

p.a**

Lock in your savings and get a guaranteed return. You can start from as little as $1,000 with terms from 1 month to 5 years.

Hear the stories of our Rabo farmers who are supported by the dollars you save

At Rabobank, we have a deep understanding of farming life and are passionate about supporting our clients to grow. Hear from the clients who've grown with us. Their stories. In their words.
MEET OUR CLIENTS >
Our Clients

The most commonly asked questions

 

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.

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.

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.

The introductory variable rate is variable, which means it is subject to change. 

The introductory variable rate is available for accounts opened on or after 15th June for a period of 4 months on balances up to $250,000. 

The portion of account balance greater than $250,000 earns the standard variable rate for that tier.

After the introductory 4 month period, all balances revert to the current standard variable rates on those tiers.

 Please refer to the ‘My Rates’ page for details. 

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. For interest rates click here: https://www.rabobank.com.au/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.

Yes, you can download and register the Rabobank Online Savings app on up to 5 devices. 

^Current 4 month introductory variable rate for new personal customers on deposits up to $250,000. Rate subject to change.
*Interest rates displayed are maximum rates for Personal accounts. For minimum rates, please refer to the rates page. Maximum rates apply when your closing balance on the last business day of the month is at least $200 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.

For more information about these awards please visit Mozo and Finder.