Short and Long Term Deposit Accounts

The Offer

EARN 2.60% P.A*

fixed interest on a 5 year Term Deposit.

Start with as little as $1,000 and get your interest paid monthly, quarterly, half-yearly or yearly^~
Receive a 0.10% loyalty bonus when you automatically reinvest your Term Deposit before maturity
You'll automatically get a High Interest Savings Account in your savings portfolio
Supporting Aussie farmers with every dollar you save

*Interest paid annually. Early termination fees apply. Excludes 0.10% loyalty bonus.
^~Monthly, quarterly and half yearly interest only applies to terms 12 months or more.

Earn 2.60% P.A^#

fixed interest on a 5 year Term Deposit.

Mozo TD 2022

OPEN A TERM DEPOSIT

Existing customers can login and simply add a Term Deposit to their savings portfolio.

^#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 Term Deposit is available here.

Term Deposit rates

Term

Interest rate (% p.a.)

Five years 2.60%
Four years 2.50%
Twelve months 2.15%
Nine months 1.85%
Six months 1.55%

See all our Term Deposit rates for personal

Earn 2.60% P.A^#

fixed interest on a 5 year Term Deposit.

Mozo TD SMSF 2022

OPEN A TERM DEPOSIT

Existing customers can login and simply add a Term Deposit to their savings portfolio.

^#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 Term Deposit is available here.

Term Deposit rates

Term

Interest rate (% p.a.)

Five years 2.60%
Four years 2.50%
Twelve months 2.15%
Nine months 1.85%
Six months 1.55%

See all our Term Deposit rates for SMSF

The most commonly asked questions

How many Term Deposits can I open?

You can open as many Term Deposits as you like with a maximum value of $2 million per term.

Is there a minimum amount required to open a Term Deposit?

Yes, there is a minimum opening deposit of $1,000 for all our Term Deposits.

Is there a maximum amount for a Term Deposit?

Yes, there's a max amount of $2m per Term Deposit period

How will I know when my grace period expires?

We will notify you prior to maturity advising you of the start and end dates of your grace period. Please ensure your contact details are current so that you will receive these notifications.

When is interest paid on a Term Deposit?

For investment periods of less than 1 year, interest is paid on the maturity of the Term Deposit. For investment periods of 1 to 5 years, interest can be paid monthly, quarterly, semi-annually and annually depending on interest payment frequency selected.

Is there a penalty for breaking my Term Deposit?

Yes, fees are applicable. Please refer to the Terms and Conditions for details.

Can the interest rate change?

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.

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

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.