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Our new 'Rabobank Online Savings AU’ Mobile App is available now on the App store or Google Play. Please note, you will need your Digipass for the first time you register the new app. You can delete or uninstall your existing RaboDirect mobile app as it will no longer operate. For more information visit Rabobank.com.au/OneBank.
RaboDirect
 

High Interest Savings Account

Give your savings a boost with our award winning High Interest Savings Account which offers 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. Care to read more?

Open a High Interest Savings Account

EARN 3.05% P.A*

variable rate on your first $250,000.

*Current 4 month introductory variable rate for new personal customers on deposits up to $250,000. Rate subject to change.

  • Kick-start your savings with a bonus introductory variable rate for the first four months (up to $250,000) on top of our standard variable rate
  • Ongoing high interest rate to keep your savings growing and you reaching your goals faster
  • No need to change your everyday banking
  • Three tiers of interest based on your balance
No account keeping fees
No minimum balance
Interest paid monthly
Online and mobile banking
Your first $250,000 is protected by the Australian Government guarantee^

^ The guarantee protects the first $250,000 of all deposits held with Rabobank.

EARN 3.05% P.A*

variable rate on your first $250,000.

canstar outstanding value savings account 
  • The four month introductory variable rate (up to $250,000) is a great way to kick-start your savings
APPLY NOW See all our rates for personal

*Current 4 month introductory variable rates for new personal customers on deposits up to $250,000. Rate subject to change.

HISA intro variable rates

Interest rate (% p.a.)
4 month additional variable rate
1.25%
Standard variable rate
1.80%
Total intro rate
3.05%
EARN 2.25% P.A*

variable rate on your first $250,000.

  • The four month introductory variable rate (up to $250,000) is a great way to kick-start your savings
APPLY NOW See all our rates for business

*Current 4 month introductory variable rates for new business customers on deposits up to $250,000. Rate subject to change.

HISA intro variable rates

Interest rate (% p.a.)
4 month additional variable rate
0.75%
Standard variable rate
1.50%
Total intro rate
2.25%
EARN 2.70% P.A*

variable rate on your first $250,000.

mozo experts choice 2017 smsf savings bank of the year
  • The four month introductory variable rate (up to $250,000) is a great way to kick-start your savings
APPLY NOW See all our rates for SMSF

*Current 4 month introductory variable rates for new smsf customers on deposits up to $250,000. Rate subject to change.

HISA intro variable rates

Interest rate (% p.a.)
4 month additional variable rate
0.80%
Standard variable rate
1.90%
Total intro rate
2.70%

Start saving with a High Interest Savings Account

1. Apply using our online form

2. Link your everyday account

3. Get our mobile banking app

4. Start your savings plan

The most commonly asked questions

What is a High Interest Savings Account?

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A RaboDirect High Interest Savings Account is the perfect way to get your dreams back on track. You'll get a great variable rate, plus there are no fees, no minimum balance requirements and no sneaky terms and conditions. You can transfer money any time between your Linked account with your other bank and your High Interest Savings Account (HISA). From your HISA you can instantly transfer funds into any of your other RaboDirect accounts.

Intro rate - Can I open more than one HISA

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No. Customers can only open one HISA account. If you have a 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. 

Intro rate - Can I receive the introductory variable rate for my SMSF?

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Absolutely, we offer an introductory variable rate for new SMSF customers. Different introductory variable rates apply to SMSF and Personal customers. 

Can the interest rate change?

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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.

When is the interest rate calculated and paid into my account?

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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.

Can I install the app on more than one phone or tablet?

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Yes, you can download and register the Rabobank Online Savings Mobile app on up to six devices per account.  

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

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You can transfer funds into your High Interest Savings Account (HISA) using the 'Transfer and pay' button if you have allowed direct debit authority on your linked account. You can also transfer funds into any of your Online Savings HISA or PremiumSaver accounts via electronic funds transfer (EFT) from most Australian accounts using your Online Savings (RaboDirect) BSB and Account number.

Rabobank's 2016 Financial Health Barometer reveals on average, a staggering 14% of groceries are thrown away each week.

That's $1100 a year you could be saving in our High Interest Savings Account

DOWNLOAD THE REPORT

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