Home / Banking / Savings Accounts / Compare Savings Accounts / RaboDirect Savings Account (up to 5.60% 4 month special variable rate up to $250k)

RaboDirect Savings Account (up to 5.60% 4 month special variable rate up to $250k)

Variable Interest Rates: All Balances (p.a)

 Base RateMax Rate
< $1,000
4.85%
5.60%
$2,000+
4.85%
5.60%
$50,000+
4.85%
5.60%
$100,000+
4.85%
5.60%
$250,000+
4.50%
5.25%
$500,000+
4.50%
5.25%
We are currently offering a bonus interest rate to all new customers of 0.75% 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 5.25% p.a. variable special rate on every dollar for the first 4 months.
- Hide Rates For All Balances
Just link it to your regular account.
Proceed
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 0.75% 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 5.25% 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 0.75% 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 5.25% 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

Special Offer

Different rates apply to business accounts.
Things to keep in mind;
Just link it to any regular bank account in the same name.
This account does not support direct debits.

Let others in on the deal

More from RaboDirect

About RaboDirect

RaboDirect is the online banking service from Rabobank Australia Ltd, offering for the first time in Australia, access to a single online platform combining high-interest savings, term deposits and online access to a selection of predominantly wholesale managed funds. RaboDirect operates exclusively online with no retail outlets or phone banking, with customers accessing and managing their accounts, and buying and selling managed funds, using the RaboDirect self-directed online platform. RaboDirect is designed for internet and financially-savvy investors who are looking to manage their investments online with lower fees and receive high rates on their savings. RaboDirect is issued by Australia's safest bank, Rabobank Australia Limited. Deposits with RaboDirect are guaranteed by our ultimate parent, Rabobank, which has been awarded the world's safest non-government bank for 10 consecutive years by Global Finance magazine (1999-2008). More

Compare 280 other Savings Accounts

Compare Now