BankingBank offer
Rabobank
Posted 18h ago
13
Rabobank Premium Saver 5.65% p.a. on balances up to $250,000
No end dateNo end date in the post — check with the merchant
Rabobank has raised the rate on its Premium Saver account to 5.65% p.a. for balances up to $250,000 (4.00% above that). You just need to grow your balance by at least $200 per month to earn the bonus rate.
Our readers say
Source: OzBargain1304 comments
Original title
PremiumSaver Account 5.65% p.a. on Balance up to $250,000 (Grow Balance by $200/Month Required)
Quick take
Good for
- People with spare cash seeking high interest
- Savers who can add $200 monthly
Not for
- Those who can't maintain monthly growth
Why it's worth a look
- Rate beats most savings accounts
- Easy $200 monthly growth requirement
Watch out
- Bonus rate capped at $250k
- Remember monthly growth rule
Skipdone in 20 min, easy
Worth it?
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Estimated value (incl. non-cash or conditional value)
Reward offer
- Price
- Reward offer
- Value per hour
- $0
Effort
Easyabout 20 min
Easy
ID check
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How to do it
- 1Go to Rabobank's website and apply for a PremiumSaver account.
- 2Complete the application with ID verification.
- 3Each month, grow your balance by at least $200 (e.g., transfer in salary or savings) to earn the bonus rate.
Money-saving tip: Set up an automatic transfer of $200 from your transaction account each month to avoid missing the bonus rate.
Conditions
- Bonus rate applies only to the first $250,000; the rest earns 4.00% p.a.
- You must grow the account balance by at least $200 each month to qualify for the bonus rate.
- You need a Rabobank transaction account (or open one together).
Risks
- NoteID verification required. Only submit documents in the official app or website.
- NoteNo end date given. The price or offer could end at any time.
- NoteIf you forget to transfer $200 in a month, you may lose the bonus rate — keep track of the growth requirement.