DealRadar AU
Updated 10-14 10:00
BankingBank offer

Rabobank Premium Saver 5.65% p.a. on balances up to $250,000

Rabobank
Posted 18h ago

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)

Something wrong?

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?
—
Estimated value (incl. non-cash or conditional value)
Reward offer
Effort
Easyabout 20 min
Easy
ID check
Any catches?
No real catches

Just 3 minor notes

See all risk notes ↓
EndsNo end dateWho can do it: Open to most peopleNo feedback yet — tell us how it went if you try it

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How did it go?

Rabobank Premium Saver 5.65% p.a. on balances up to $250,000

How to do it

  1. 1Go to Rabobank's website and apply for a PremiumSaver account.
  2. 2Complete the application with ID verification.
  3. 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.

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