2025
Due to recent OCR rate decrease, the Rabobank Loan Variable Rate will reduce by 0.20% p.a., effective on and from Tuesday, 3 June 2025.
We are updating our Rabobank Online Savings Terms and Conditions, effective 25 May 2025. Please find a summary of the key changes, and the full Terms and Conditions below.
Section 2. Account Opening and Operation
- Revised the criteria for account eligibility
Section 10. Closure, Blocking and Reversing payments
- We can close or place a Block on any or all of your Accounts at any time and for any reason we believe is reasonable in the circumstances, including if you breach these Terms and Conditions, without giving you a reason.
- Introduced a new clause allow us to reverse payments we believe are erroneous or we suspect a linked to fraud, money laundering, or other criminal activities.
Section 19. Interest on Call Accounts and Term Deposits
- Clarified that PremiumSaver interest will not be paid for the month a PremiumSaver account is closed in.
Section 20. Variations to these Terms and Conditions
- Amended how we can update these Terms and Conditions
Section 22. Communications
- Added ‘text message’ as a method of direct communication
For more detailed information, please read the updated Rabobank Online Savings Terms and Conditions here.
Due to recent OCR rate decrease, the Rabobank Loan Variable Rate will reduce by 0.25% p.a., effective on and from Monday, 14 April 2025.
The new security features will replace the current physical security token and provide security and convenience to access your internet banking and authorising transactions. Visit the Secure Code page for more information.
We are aware of malware circulating targeting mobile phones which can copy your unlock patterns or PINs and has screen recording capabilities. Be cautious when clicking on unknown links and only download apps from the official google play store/ app store on your device. For more information, please visit the security and scams page.