Rabobank
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 May 2026
At a glance
- Base rate
- 2.55%
- Monthly fee
- $0
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableStandard Variable Rate | — | — | up to $250,000 | 2.55% | — | paid every 1 mo |
| VariableStandard Variable Rate | — | — | $1,000,000–$2,000,000 | 2.55% | — | paid every 1 mo |
| VariableStandard Variable Rate | — | — | $2,000,000–$3,000,000 | 2.55% | — | paid every 1 mo |
| VariableStandard Variable Rate | — | — | $250,000–$1,000,000 | 2.55% | — | paid every 1 mo |
| VariableStandard Variable Rate | — | — | $3,000,000+ | 2.55% | — | paid every 1 mo |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Account keeping fee | Periodic | No fee | Every 1 mo | — |
§ 03 — 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.
§ 04 — Eligibility & 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.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Rabobank under the Consumer Data Right, last changed by them on 13 May 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.