PremiumSaver Account
Reward yourself with a higher rate for your good savings habits.
Our PremiumSaver is simple, receive the maximum rate when you grow your balance by at least $200 each month.
And… your savings help our Aussie farmers produce the food we love to enjoy.
PremiumSaver Account
Reward yourself with a higher rate for your good savings habits.
Our PremiumSaver is simple, receive the maximum rate when you grow your balance by at least $200 each month.
And… your savings help our Aussie farmers produce the food we love to enjoy.
The Offer
EARN
%
P.A*
*Max. variable rate on Personal balances up to $250,000.
- Stay on track with motivation to reach your savings goals
- Flexibility to access your funds, but please note that you must grow your balance by at least $200 in the month to earn the maximum rate
- Increase your balance by $200 each month to earn the maximum interest
- Earn a competitive base rate even when you don’t grow your balance
- Simplify your saving habits with an automated Regular Savings Plan.
*Interest rates displayed are maximum rates for Personal accounts. For minimum rates, please refer to the rates page. Maximum rates apply when your closing balance on the last business day of the month is at least $200 higher than it was at the beginning of the first day of the month (excluding interest earned). Available for Personal (Individual and Joint) and SMSF customers.
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.
Apply Now
- PERSONAL
- SMSF
EARN UP TO
%
P.A*
Max. variable rate on balances up to $250,000.
- Existing customers can login to Internet Banking and simply add a PremiumSaver to their savings portfolio.
*Interest rates displayed are maximum rates for Personal accounts. For minimum rates, please refer to the rates page. Maximum rates apply when your closing balance on the last business day of the month is at least $200 higher than it was at the beginning of the first day of the month (excluding interest earned). Available for Personal (Individual and Joint). Different rates apply to SMSF customers.
The Target Market Determination for PremiumSaver is available here.
PremiumSaver maximum rates*
| Balance | Interest rate (% p.a.) |
| Up to $250,000 | % |
| $250,001 to $2,000,000 | % |
| Over $2,000,000 | % |
EARN UP TO
%
P.A#
Max. variable rate on balances up to $250,000.
- Existing customers can login to Internet Banking and simply add a PremiumSaver to their savings portfolio.
#Interest rates displayed are maximum rates for SMSF accounts. For minimum rates, please refer to the rates page. Maximum rates apply when your closing balance on the last business day of the month is at least $200 higher than it was at the beginning of the first day of the month (excluding interest earned). Available for Personal (Individual and Joint) and SMSF customers.
The Target Market Determination for PremiumSaver is available here.
PremiumSaver maximum rates#
| Balance | Interest rate (% p.a.) |
| Up to $250,000 | % |
| $250,001 to $2,000,000 | % |
| Over $2,000,000 | % |
“It was a no brainer for me to put my money into a place that was helping farmers out”
Kristy Felton
The most commonly asked questions
If you're a regular saver, our PremiumSaver Account is perfect for you. Just increase your net balance by at least $200 (or $2000 if you have a business account) excluding interest before the last business day of every month and you'll earn the higher variable interest rate.
Yes, interest rates offered on our High Interest Savings Account, Purpose Saver, Notice Saver and PremiumSaver are variable and may change. Our Term Deposits have fixed rates.
We'll always let you know when the interest rates change.
Yes, you can download and register the Rabobank Online Savings Mobile App on as many devices as you need to.
You’ll need your customer number and Digipass to register the first time, and the steps are the same as logging in to internet banking.
You can transfer funds into your High Interest Savings Account (HISA) using the 'Transfer money’ feature via both Internet and Mobile Banking if you have direct debits enabled. To enable direct debit functionality please contact our Sydney based team on 1800 445 445, Monday to Friday between 6am and 8pm.
You can also transfer funds into any of your HISA or PremiumSaver accounts via electronic funds transfer (EFT) from most Australian accounts using your Rabobank BSB and account number.
All you need to do is ensure that you grow your balance by at least $200 by the last business day of the month (excluding interest). For example, if your starting balance for March was $2,500 and you withdraw $800 to pay your car insurance on the 5th of March you will need to deposit at least $1,000 by the last business day of March to ensure that your balance grows by at least $200.
If you make a withdrawal from PremiumSaver and you do not grow your balance during the month then you will earn the ‘base PremiumSaver Rate’. To earn the ‘maximum rate’ you will need to grow your balance by at least $200 by the last business day (excluding interest).
You will need to increase your balance by at least $200 ($2,000 for businesses) by the last business day of the month.
To make sure you don’t miss out on the PremiumSaver maximum you might like to consider setting recurring payment that direct debits at least $200 from your Linked Account every month. If you set up a recurring payment for the 26th of the month or earlier will ensure that the funds are received by the last business day.
The starting balance for a month will include the interest earned from the previous month. Therefore withdrawing your interest reduces your account balance and to earn the maximum rate will require you to re-deposit that amount you have withdrawn plus at least another $200.
Make a savings habit witha a PremiumSaver
When you open a new Rabobank account, you'll also automatically get a High Interest Savings Account in your savings portfolio, ready when you need it.
1. Apply using our online form
2. Link your everyday account
3. Get our mobile banking app
