The completely online bank – previously known as RaboDirect – offers you flexibility with your money. One application gives you automatic access to all products and offerings without the need for multiple applications.
This no fee bank was founded by farmers in 1898 to give rural communities access to fair financing. Their core value is creating value for their clients and the rural communities where they work. A strong commitment to the agricultural sector, with a cooperative structure that reinvests 100% of deposits into Australian agribusiness.
Please see the table below for a list of available products.
|Max Interest rate($10,000)||Base Interest rate($10,000) 0.25|
|Max Interest rate($10,000)||Base Interest rate($10,000) 0.55|
|Max Interest rate($10,000)||Base Interest rate($10,000) 0.60|
|Max Interest rate($10,000)||Base Interest rate($10,000) 0.70|
|Max Interest rate($10,000)||Base Interest rate($10,000) 0.10|
1 Yr Paid
1 Yr Paid
Saving with Rabobank has a dual purpose of helping you achieve your savings goals whilst also helping Aussie farmers grow. 100% of all deposits saved with Rabobank goes to support local farmers bring food to our tables. Savings accounts are open to anyone wanting to grow their savings.
As an online bank, Rabobank offers a secure internet banking platform that needs a DigiPass to access. You can see your transactions over the last 18 months, and can make transfers to linked bank accounts – although this can take up to 3 business days.
Once your DigiPass is setup you can login to the mobile app. Once setup you can use a simple 5 digit pin for future access.
An application for Rabobank can be completed online in a few minutes. You will need to provide adequate identification and which accounts you would prefer to use.
All account holders with Rabobank must be aged over 18 and as well as Australian residents you must be physically residing in Australia. You will need to show proof of an Australian residential address and a current Australian bank account.
Compare Rabobank savings rate with other savings accounts and other term deposits in Australia.