RabobankPurposeSaver (Business)
Give your savings a boost with Purpose Saver savings account which offers flexibility and easy access to your money.
At a glance
- Base rate
- 2.70%
- Monthly fee
- $0
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Each institution's best interest-paying business account, base plus any bonus. One dot per institution, at its highest business savings rate anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business savings accountEach institution's best interest-paying business account, base plus any bonus | 2.70% | 5.40%Great Southern Bank Business+'s Business+ Saver | 0.55%of 34 institutions | 5th highest of 34 |
Rates
Every rate Rabobank publishes for this account, 5 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableStandard Variable Rate | - | - | up to $1,000,000 | 2.70% | - | paid every 1 mo |
| VariableStandard Variable Rate | - | - | $1,000,000–$2,000,000 | 2.70% | - | paid every 1 mo |
| VariableStandard Variable Rate | - | - | $2,000,000–$3,000,000 | 2.70% | - | paid every 1 mo |
| VariableStandard Variable Rate | - | - | $3,000,000–$4,000,000 | 2.70% | - | paid every 1 mo |
| VariableStandard Variable Rate | - | - | $4,000,000+ | 2.70% | - | paid every 1 mo |
Rate changes
5 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 14 Oct 2026 | Variable, up to $1,000,000 | 2.55% | 2.70% | up 0.15 |
| 14 Oct 2026 | Variable, $1,000,000–$2,000,000 | 2.55% | 2.70% | up 0.15 |
| 14 Oct 2026 | Variable, $2,000,000–$3,000,000 | 2.55% | 2.70% | up 0.15 |
| 14 Oct 2026 | Variable, $3,000,000–$4,000,000 | 2.55% | 2.70% | up 0.15 |
| 14 Oct 2026 | Variable, $4,000,000+ | 2.55% | 2.70% | up 0.15 |
Each change is logged the night it appears in the rates Rabobank publishes. See how every lender answered the RBA on the rate tracker.
Fees
One fee published, grouped by when they're charged.
While you hold it1
- Account keeping feeNo fee
Features
- From February 1 2012, the Financial Claims Scheme applies to eligible deposits with a balance up to $250,000 per account holder, per Authorised Deposit-taking Institution.
Eligibility and limits
- Minimum age 18
- Residency: All business owners must be residing in and tax residents of Australia.
- Available to businesses
- The business must be an active non-financial entity.
- The business must have an Australian bank account in its name with another financial institution.
- Businesses are able to digitally open a Purpose Saver Account after a High Interest Savings Account has been opened.
- New customers are required to open and maintain a High Interest Savings Account (HISA) which is a variable rate at-call savings account which does not charge fees and has no minimum balance requireme…
- Funds can only be transferred externally to the nominated linked account.
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Published by Rabobank under the Consumer Data Right, last changed by them on 13 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.