High Interest Savings Account - 3.10% p.a. Interest on Balance up to $250,000 for 4-Month (New Customers Only) @ Rabobank

180

Go to Deal

DelhiBelly on 14/08/2022 - 22:44 rabobank.com.au (186 clicks)
Last edited 15/08/2022 - 14:59 by 1 other user

Earn a fresh 3.10% p.a. on your savings*
Grow your savings with our High Interest Savings Account that offers flexibility and easy access to your money.

Feel good knowing your savings help support our local farmers to grow the food we enjoy every day.

*Current 4 month introductory variable rate for new personal customers on deposits up to $250,000. Rate subject to change. Read our terms & conditions before making investment decisions.

The Offer
EARN 3.10% P.A* variable rate on your first $250,000 for 4 months.
Then drop to our standard rate currently 2% p.a.

Bonus introductory variable rate for the first 4 months (up to $250,000)
*(if applicable), commences on the day your BSB & Account number are issued.
Ongoing high interest rate to keep your savings growing & you reaching your goals faster
No need to change your everyday banking
Three tiers of interest based on your balance
Supporting Aussie farmers with every dollar you save

*Current 4 month introductory variable rate for new personal customers on deposits up to $250,000, commences on the day your BSB & Account number are issued not from when the account is funded. Rate subject to change. Not available where you have closed a Rabobank Online Savings account within the previous 3 years.

The Benefits
No account keeping fees
No minimum balance
Interest paid monthly
Online and mobile banking
The Australian Government Guarantee protects the first $250,000 of all deposits held, per person, with Rabobank.

Related Stores

Rabobank

• 

  freedomofspeech on 14/08/2022 - 23:05

  +2

  How much after the first 4 months?

  • 

    lambsie on 14/08/2022 - 23:15

    +1

    2%

  • 

    Hiphopopotamus on 14/08/2022 - 23:16

    +1

    2%.

• 

  EBC on 14/08/2022 - 23:44

  +2

  How much can you transfer out of Rabobank per day via internet banking? I'm jumping my money around to the best rates I can find at the moment and ANZ was a huge pain at $25k per day max. Whereas other banks at $100k per day are easier.

  • 

    bluesky on 15/08/2022 - 02:34

    +2

    From their FAQ:

    All Rabobank Online Savings Accounts have a $300,000 transfer limit out to the nominated linked account. We may offer a temporary transfer limit increase if you need to exceed this $300,000 limit. Please contact our team on 1800 445 445, Monday to Friday between 6am and 8pm (Sydney time) to increase your daily limit.

    Where required, permanent transfer limit increases may also be arranged upon request. Please contact us for further information.

• 

  G-rig on 15/08/2022 - 04:35

  +1

  These 4 month promos probably not worth the effort, that will pass quick enough then average rate.

  May as well do ubank

  Earn up to 2.85% p.a.
  From 1 September 2022, we’ll be increasing our bonus interest rate to 2.75% p.a. for both our Save and USave accounts. Our base rate will remain at 0.10% p.a., meaning you’ll be able to earn interest up to 2.85% p.a. across all your eligible ubank accounts.

  • 

    dan76n on 15/08/2022 - 07:13

    +1

    I think it’s more a case of needing a few different options.
    Someone who has sold a home recently and sitting back waiting for something suitable to buy could possibly have quite a bit of cash to deposit and the banks all limit their deals to 250k, not to mention the government will also only cover 250k if the bank goes belly up. Unlikely I know but when your dealing with peoples life savings.

    • 

      G-rig on 15/08/2022 - 07:15

      True,
      Suppose in that case they could spread it out over those intro periods and banks.
      For longer term savings goals 4 months doesn't help that much.

    • 

      FiDad on 15/08/2022 - 10:23

      I am in exact same situation as you except the home i sold was a 3bedroom apartment and now sitting on the side waiting for house prices to drop a little bit more so i can justify buying them. In the meanwhile i am moving my cash around, once Macquarie Bank 4 month 3.1% rate finishes for i will jump on this one

      • 

        G-rig on 15/08/2022 - 10:38

        20k a day transfer?

        • 

          FiDad on 15/08/2022 - 19:10

          @G-rig: Yes i am ok with that

• 

  tranmerlance on 15/08/2022 - 09:38

  Have they given up on updating the leaderboard?

  https://docs.google.com/spreadsheets/d/145iM6uuFS9m-Rul65--e…

• 

  freedomofspeech on 15/08/2022 - 10:07

  How exactly do we support the farmers with this?

  "Supporting Aussie farmers with every dollar you save"

• 

  Junk Sifter on 15/08/2022 - 22:06

  Your application contain 1 or more errors which must be resolved before progressing.

  But it doesn't specify where the error is… wtf?