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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.
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 | 3.50% |
- | - | - | $1,000 | None |
| 3 months | 5.05% |
- | - | - | $1,000 | None |
| 6 months | 6.05% |
- | - | - | $1,000 | None |
| 9 months | 6.15% |
- | - | - | $1,000 | None |
| 1 year | 6.30% |
6.13% |
6.16% |
6.20% |
$1,000 | None |
| 15 months | 6.20% |
6.03% |
6.06% |
- | $1,000 | None |
| 18 months | 6.10% |
5.94% |
5.97% |
6.01% |
$1,000 | None |
| 2 years | 6.10% |
5.94% |
5.97% |
6.01% |
$1,000 | None |
| 3 years | 5.90% |
5.75% |
5.77% |
5.82% |
$1,000 | None |
| 4 years | 5.85% |
5.70% |
5.73% |
5.77% |
$1,000 | None |
| 5 years | 5.75% |
5.60% |
5.63% |
5.67% |
$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.
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 | 5.40% | 60 days*** | $0 | None |
| Children's | 5.40% | 60 days*** | $0 | None |
| Trust^ | 5.40% | 60 days*** | $0 | None |
| Business^ | 5.40% | 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.
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 | 5.25%* | 2.50% |
Unlimited | None | Increase balance by $50 per month ** |
| Children's | 5.25%* | 2.50% |
Unlimited | None | Increase balance by $50 per month ** |
* On balances up to $100,000. Any balances above this up to $5 million will earn the standard RaboSaver rate.
**If the required minimum $50 monthly balance increase is not achieved, a rate of 2.50% p.a. will apply to the total PremiumSaver balance for that month.
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 | 4.25% | 3.90% | $0 | None | None |
| Children's | 4.25% | 3.90% | $0 | None | None |
| Trust^ | 4.25% | 3.90% | $0 | None | None |
| Business^ | 4.25% | 3.90% | $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.
