Rabobank PremiumSaver Summary
Description
Reward yourself with a higher rate for your good savings habits. Our PremiumSaver is simple, by growing your monthly balance your interest rate increases.
Benefits
- No monthly savings-account fee.
Hoops
- Applicants must be at least 18.
- For bonus interest, grow the balance by at least $200 each month. Check the full requirements below.
- Ongoing rate cap: $250,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Rabobank PremiumSaver |
|---|---|
| Maximum variable rate | 5.65% p.a. |
| Ongoing interest rate | 5.65% p.a. |
| Base interest rate | 0.80% p.a. |
| Minimum age | 18 years |
Source: noren.com.au
All comparison details
| Base | 0.80% |
|---|---|
| Ongoing | 5.65% |
| Ongoing cap | $250K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $200 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 18 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.80% p.a., before bonus interest.
- Ongoing: 5.65% p.a. when bonus conditions are met. Up to $250k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.80% | This band only | All balances |
| Ongoing total, conditions met | 5.65% | This band only | First $250k |
| Ongoing total, conditions met | 4.00% | This band only | Over $250k |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- Increase the closing balance by at least $200 above the balance at the start of the month, excluding interest paid, by the last business day of the current month.
- Withdrawals, including withdrawn interest, must be replaced as well as meeting the required balance growth. Keep the account open through month-end, closing it forfeits that month’s bonus. The fallback rate applies when qualification is unmet.
- Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Rabobank.
- Each individual owner of an account must be at least 18 years old.
- Available only to Individual account owners or Joint account owners.
- Each individual owner of an account must be residing in and tax resident of Australia.
- Open and maintain a Rabobank High Interest Savings Account to hold this additional savings account.
- Personal/joint holders aged 18+, resident in Australia and Australian tax resident. Maintain a nominated external Australian account in the same name(s), access through Rabobank Online Savings/app.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected and verified on 31 Oct 2026.