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Our trading hours are changing over the festive season. The RaboDirect Contact Centre will be open to assist you from 8am to 5pm AEDT on business days between 27 – 29 Dec inclusive, excluding all national public holidays. We’ll be returning to our standard operating hours from 2 Jan operating from 8am to 7pm AEDT on weekdays.
RaboDirect
 

Business savings

As a savings specialist, we understand that you need easy access to your money along with competitive returns. The great news is your business savings will help us support Aussie farmers do their business... putting food on our plates, clothes on our backs and contributing to the Australian economy. Care to read more?

High Interest Savings Account

High Interest Savings AccountUp to
2.25% p.a.^

Gives you an easily accessible savings account without changing your everyday bank.

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PremiumSaver

PremiumSaverUp to
1.90% p.a.*

Offers higher interest for increasing your balance by at least $2,000 each month*.

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Notice Saver

Notice Saver90 Day Notice Saver up to
2.20% p.a.

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

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Term Deposits

Term Deposits5 year term up to
3.15% p.a.

Provides a low risk investment option for your cash and start from as little as $1,000.

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^Current 4 month introductory variable rate for new business customers on deposits up to $250,000. Rate subject to change.
*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).
Build your cash with our 4 month introductory variable rate of 2.25% p.a.*
*New customers get a 4 month introductory variable rate on our High Interest Savings Account for deposits up to $250,000

The most commonly asked questions

How many accounts can my business open?

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You can have one High Interest Savings Account, one PremiumSaver, 3 Notice Saver accounts (1 for each Notice period) and as Term Deposits as you like.

Is my business eligible for a RaboDirect business account?

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If you're a Sole trader, Partnership, or Incorporated entity (companies, cooperatives and incorporated societies) you can open a High Interest Savings Account with access to both Term Deposits.

What are the rates for Business accounts?

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For up to date business account interest rates, click here.

Are RaboDirect savings accounts available to all types of customers?

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RaboDirect products are designed and intended for use by the majority of retail customers. Unfortunately, our systems and processes are not designed to enable us to offer deposit accounts to certain types of customers who may require a higher level of processing or monitoring due to regulatory requirements. Examples of customers we are unable to offer savings accounts to include (but is not limited to) wholesale depositors, professional investment entities and charities.

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