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If you’d like to speak to us, we’re available Monday to Friday 6am to 8pm (Sydney time) on 1800 445 445.

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 | Rabobank

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

EARN UP TO

%

 

P.A*

Max. variable rate on Personal balances up to $250,000.

OPEN A PREMIUMSAVER
  • Existing customers can login to Internet Banking and simply add a PremiumSaver to their savings portfolio.
LOGIN

PremiumSaver maximum Personal rates*

BalanceInterest rate (% p.a.)
Up to $250,000

%

$250,001 to $1,000,000

%

Over $1,000,000

%

See all our rates for personal >

*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. For more information about these awards please visit Canstar.

EARN UP TO

%

 

P.A#

Max. variable rate on SMSF balances up to $250,000.

OPEN A PREMIUMSAVER
Untitled design - 1
  • Existing customers can login to Internet Banking and simply add a PremiumSaver to their savings portfolio.
LOGIN

PremiumSaver maximum SMSF rates#

BalanceInterest rate (% p.a.)
Up to $250,000

%

$250,001 to $2,000,000

%

Over $2,000,000

%

See all our rates for SMSF >

#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.

“It was a no brainer for me to put my money into a place that was helping farmers out”

Kristy Felton

READ MORE

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 app on up to 5 devices. 

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.

Any interest paid into your PremiumSaver is not considered a deposit for the purposes of calculating bonus interest eligibility. If you withdraw your interest during the month you will need to ensure you make deposits to cover the interest amount withdrawn (and any other amounts withdrawn) and at least an additional $200 to be eligible for the bonus rate by the last business day.

Make a savings habit with 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
4. Start your savings plan

Unless otherwise specified, Rabobank Australia Limited ABN 50 001 621 129 AFSL 234 70 is the issuer of the products and services described on this page. Any advice provided is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Consider the relevant disclosure documents and terms and conditions for these products, including the Product Disclosure Statement for the Notice Saver Account (all available at www.rabobank.com.au, Rabobank branches or by calling 1300 30 30 33) along with your personal objectives, financial situation and needs before making any financial decisions.