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PurposeSaver (Trust)

Give your savings a boost with Purpose Saver savings account which offers flexibility and easy access to your money.

Savings & transaction accountsBank updated 13 Oct 2026
Fees and pricing ↗Terms ↗

At a glance

Base rate
2.70%
Monthly fee
$0

Rates

Every rate Rabobank publishes for this account, 5 in all.

TypeApplies toTermBandRateComparisonConditions
VariableStandard Variable Rate--up to $250,0002.70%-paid every 1 mo
VariableStandard Variable Rate--$1,000,000–$2,000,0002.70%-paid every 1 mo
VariableStandard Variable Rate--$2,000,000–$3,000,0002.70%-paid every 1 mo
VariableStandard Variable Rate--$250,000–$1,000,0002.70%-paid every 1 mo
VariableStandard Variable Rate--$3,000,000+2.70%-paid every 1 mo

Rate changes

5 changes logged, newest first.

DateRateWasNowChange
14 Oct 2026Variable, up to $250,0002.55%2.70%up 0.15
14 Oct 2026Variable, $1,000,000–$2,000,0002.55%2.70%up 0.15
14 Oct 2026Variable, $2,000,000–$3,000,0002.55%2.70%up 0.15
14 Oct 2026Variable, $250,000–$1,000,0002.55%2.70%up 0.15
14 Oct 2026Variable, $3,000,000+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 fee
    No fee

Features

Digital bankingUnlimited transactions
  • 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 settlors, appointors and beneficiaries of the Trust must be individuals, residing in and tax residents of Australia.
  • Product is available only to Trusts, incorporated in Australia, meeting eligibility criteria.
  • The Trust must have an Australian bank account in its name with another financial institution.
  • All trustees of the Trust must be individuals.
  • Trusts 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.

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.