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RaboDirect Savings Account (up to 6.01% 4 month special variable rate up to $250k)

Variable Interest Rates: All Balances (p.a)

 Base RateMax Rate
< $1,000
5.40%
6.01%
$2,000+
5.40%
6.01%
$50,000+
5.40%
6.01%
$100,000+
5.40%
6.01%
$250,000+
5.00%
5.61%
$500,000+
5.00%
5.61%
We are currently offering a bonus interest rate to all new customers of 0.61% p.a. on top of our standard variable rate for balances under $1 million. It is available to all new customers for 4 months from account opening. For balances between $250k and $1 million you will automatically earn 5.61% p.a. variable special rate on every dollar for the first 4 months.
- Hide Rates For All Balances
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Get your savings working as hard as they possibly can with RaboDirect's standard variable rate.
No minimum balance or deposits lets you save how you want while no fees makes it that much easier to let your money grow.
Track your savings 24 hours a day, 7 days a week with online banking.
Access your funds by transferring them into your linked bank account (may be with any other bank or credit union so there is no need to switch banks).
Interest calculated daily, paid monthly making your money work even harder for you.
Competitive ongoing base variable rate.

Account Details

Account Type
Online
Min. Opening Amount
$1.00
Min. Balance
$0
Interest
We are currently offering a bonus interest rate to all new customers of 0.61% p.a. on top of our standard variable rate for balances under $1 million. It is available to all new customers for 4 months from account opening. For balances between $250k and $1 million you will automatically earn 5.61% p.a. variable special rate on every dollar for the first 4 months.
Interest Calculation Frequency
Daily
Interest Payment Frequency
Monthly
Interest Paid In Steps?
ATM & EFTPOS Fees
ATM Withdrawal Fee
$0
ATM Balance Fee
$0
ATM Fee (Other Bank)
$0
Daily ATM Withdrawal Limit
$0
EFTPOS Fee
$0
Debit Card Replacement Fee
$0
Fee Details
Service Fee Frequency
Fee Rebate Available
Balance Required for Fee-Free
$0
We are currently offering a bonus interest rate to all new customers of 0.61% p.a. on top of our standard variable rate for balances under $1 million. It is available to all new customers for 4 months from account opening. For balances between $250k and $1 million you will automatically earn 5.61% p.a. variable special rate on every dollar for the first 4 months.
Online Savings Account Transactions
Cheque Deposit
Cheque Withdrawal
Direct Credit
Direct Debit
BPAY
Internet & Phone Fees
Phone Transaction Fee
$0
Internet Transaction Fee
$0
Free Electronic Trans. per Month
$0
Counter & Cheque Fees
Counter Deposit Fee
$0
Counter Withdrawal Fee
$0
Free Counter Trans. Per Month
$0
Cheque Fee
$0
Cheque Dishonour Fee
$0
Debit Item Dishonour Fee
$0
Overseas Access
Overseas ATM Facilities
-
Overseas ATM Balance Fee
$0
Overseas ATM Withdrawal Fee
$0
Overseas EFTPOS Fee
$0
OS Emergency Card Replacement
$0

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