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Just a heads up, our Online and Mobile Banking will be offline for scheduled maintenance between 10:00pm on Saturday 23rd October and 07:00am on 24th October 2021.
We apologise for any inconvenience.

Scam Alert: A malicious app is spreading via links in text messages relating to parcel deliveries. Do not click on the link in the message. Forward the message to DIA free on 7726. Click here to find out more.

We are currently experiencing an issue with our Online Savings mobile app for recently updated Apple devices and expect this to be resolved by Monday 25/10/2021.
For the best experience please log in to Internet Banking and we apologise for any inconvenience caused.
Rabobank
 

Online Savings interest rates (formerly RaboDirect)

These interest rates apply to our online savings accounts only. For in branch deposit rates please click here.

All interest rates on this page are percentage per annum (p.a.) and are shown before the deduction of taxes.

Interest rates are subject to change.

Not a customer and want to open an online savings account, click here.

Already a customer click here to log into your internet banking to open a Term Deposit.

Term Deposits

Invest with as little as $1,000 and choose a term that suits you from 1 month and up to 5 years.
Term Deposits are available to Personal, Children's, Trust^ & Business^ accounts.

Terms Standard interest Monthly (interim) Quarterly (interim) Six-monthly (interim) Minimum investment Account fees
1 month 0.20%
- - - $1,000 None
3 months 0.40%
- - - $1,000 None
6 months 1.35%
- - - $1,000 None
9 months 1.50%
- - - $1,000 None
1 year 1.55%
1.54%
1.54%
1.54%
$1,000 None
15 months 1.60%
1.59%
1.59%
- $1,000 None
18 months 1.65%
1.64%
1.64%
1.64%
$1,000 None
2 years 1.80%
1.79%
1.79%
1.79%
$1,000 None
3 years 2.00%
1.98%
1.99%
1.99%
$1,000 None
4 years 2.25%
2.23%
2.23%
2.24%
$1,000 None
5 years 2.35%
2.33%
2.33%
2.34%
$1,000 None

Standard Interest payments are paid on maturity only for terms up to 18 months, and annually for terms 2 years or greater. Rabobank Online Savings does not currently offer a compounding interest option for Term Deposits. The interest rates listed here are for deposits up to $5 million. For rates on deposits over $5 million please call us on 0800 22 44 33.

^Please take note that we no longer accept applications for new Business or Trust customers and the Savings Rates shown here apply to existing account holders only.

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NoticeSaver

Earn a great variable interest rate by providing 60 days' notice each time you wish to make a withdrawal. 

Account types Interest rate Notice period Minimum balance Fees
Personal 1.25% 60 days*** $0 None
Children's 1.25% 60 days*** $0 None
Trust^ 1.25% 60 days*** $0 None
Business^ 1.25% 60 days*** $0 None

*** 60 days' notice must be given each time you wish to withdraw funds from your account. See the NoticeSaver page for more information.

^Please take note that we no longer accept applications for new Business or Trust customers and the Savings Rates shown here apply to existing account holders only.

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PremiumSaver

Earn a premium interest rate if you increase your balance by $50 per month.**

Account types Maximum rate Minimum rate Withdrawals Fees Bonus criteria
Personal 1.00%* 0.30%
Unlimited None Increase balance by $50 per month **
Children's 1.00%* 0.30%
Unlimited None Increase balance by $50 per month **

RaboSaver + PurposeSaver

RaboSaver makes it easy to move money around into other accounts and still get a competitive rate.

Account types Tier 1 ($0 - $5m) Tier 2 ($5m plus) Minimum balance Fees Withdrawal penalties
Personal  0.50%  0.15% $0 None None
Children's  0.50%  0.15% $0 None None
Trust^  0.50%  0.15% $0 None None
Business^  0.50%  0.15% $0 None None

^Please take note that we no longer accept applications for new Business or Trust customers and the Savings Rates shown here apply to existing account holders only.

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