5.25% p.a. High Interest Savings Account

Businesses can enjoy a special variable wake up rate of 5.25% p.a.* until the end of 2010, after which the rate reverts to a very competitive variable rate, currently 4.75%* p.a.

• Earn our special variable rate of
  5.25% p.a.* on balances up to $1 million until 31 December 2010
• The special rate is a fixed 0.50% p.a. above our standard variable rate, currently 4.75% p.a.
• No fees and no minimum balance
• Access to your savings 24 hours a day, 7 days a week
• Interest calculated daily, paid monthly
• No need to switch banks for your everyday business banking

Ready to apply?

Apply now for a RaboDirect account - it only takes around 10 minutes. Once your account is set up and you receive your Digipass, you can help yourself to high interest savings, open a term deposit or buy and sell managed funds - at any time.

PremiumSaver

Earn 5.25% p.a. if you grow your balance by $2,000 by the end of each month (on top of interest earned), and 4.25% p.a. if you don't.

Maximum rate applies to balances up to $1 million.

 PremiumSaver in detail

Invest in managed funds

Investing in managed funds via RaboDirect is the smarter way to wake up your business savings.

• Save up to 62% p.a. on wholesale managed funds fees

• Access wholesale funds for the lowest minimum investment of $250

• Pay low brokerage, no entry, ongoing or exit RaboDirect fees

• Access highly rated online tools, tax reporting and education Buy AND sell online 24/7

• Find out more about investing in managed funds

Already a RaboDirect customer?

You too are eligible to get our special variable rate, currently 5.25% p.a.* on additional deposits you make for the rest of the year.

Give your money a guaranteed wake up

Get the certainty of a fixed rate of return plus flexible interest payment options with RaboDirect's range of term deposits. 

• Certainty of a fixed rate of return
• Choose a term that suits you - from 1 month to 5 years
• Flexibility of having your interest paid monthly, quarterly, half yearly or yearly
• Start from a low $1,000
• All term deposit rates are available to Businesses and DIY Super Funds

Use the tax paying cycle to get your surplus cash working harder

Transfer your money in and out of your account when you need the cash flow during the quarterly tax cycles. Stash your GST and PAYE cash in a RaboDirect Business Savings Account and have it earning interest until the bills are due.

• Read FAQs about how the account works