Internet Banking

Interest rates

Effective 19 August 2014 - Interest rates are subject to change without notice.

Lending interest rates

We understand that each rural business is unique, so we tailor our lending products to meet the repayment and cash flow requirements of your business. To find out more, contact one of our relationship managers who would be glad to discuss your requirements. About relationship managers | Find your nearest relationship manager.

Online saver account interest rates

Personal Online Saver Account (Rural Bank ONE)

$0 - $4,999

3.25% p.a.

$5,000 - $2,000,000

3.25% p.a.

Business / DIY Super Online Saver Account (Rural Bank ONE)

$5,000 - $2,000,000

3.25% p.a.

Interest rates quoted on a per annum basis. Interest rates are current as of 4 November 2013 and subject to change without notice. Rural Bank ONE Saver rates are variable, calculated daily and credited monthly on the first day of the following month.

Everyday Accounts interest rates

Everyday Account

$500 to $4999

0.05%

$5,000 to $9,999

0.05%

$10,000 to $49,999

0.05%

$50,000 to $149,999

0.05%

$150,000 to $249,999

0.05%

$250,000 +

0.05%

Interest rates quoted on a per annum basis and subject to change without notice. Interest on Everyday Accounts is variable, calculated daily on a tiered basis and credited on the first day of the following month. Minimum opening balance is $1.

Everyday Community Account

$500 to $4999

0.15%

$5,000 to $9,999

0.15%

$10,000 to $49,999

0.50%

$50,000 to $149,999

0.75%

$150,000 to $249,999

1.00%

$250,000 +

1.00%

Interest rates quoted on a per annum basis and subject to change without notice. Interest on Everyday Community Accounts is variable, calculated daily on a tiered basis and credited on the first day of the following month. Minimum opening balance is $1.

Everyday Retirement Account

$0 to $1,999

0.10%

$2,000 to $46,599

2.00%

$46,600 +

3.50%

Interest rates quoted on a per annum basis and subject to change without notice. Interest on Everyday Retirement Accounts is variable, calculated daily on a stepped basis which means you will earn interest for the portion of your account balance that falls within each range, at the interest rate applicable to that range and credited on the first day of the following month. Minimum opening balance is $1.

Gold Cash Management Account interest rates

Gold Cash Management Account - Interest paid monthly

$5,000 to $19,999

1.00%

$20,000 to $49,999

1.50%

$50,000 to $99,999

2.25%

$100,000 to $249,999

2.25%

$250,000 +

2.50

Interest rates quoted on a per annum basis and subject to change without notice. Interest on Gold Cash Management Accounts is variable, calculated daily on a tiered basis and credited to the account on the first of the following month. Minimum opening deposit is $5,000.

Term Deposit interest rates (in branch/phone)

Short Term Deposit (1 to 9 months)

 

1 month
2 months
3 months
4 months
5 months
6 months
9 months

$500 to
$4,999

1 month - 0.50%
2 months - 0.50%
3 months - 0.50%
4 months - 0.50%
5 months - 0.50%
6 months - 1.00%
9 months - 1.00%

$5,000 to $24,999

1 month - 1.25%
2 months - 1.25%
3 months - 3.25%
4 months - 1.25%
5 months - 1.25%
6 months - 3.35%
9 months - 1.50%

$25,000 to $49,999

1 month - 1.50%
2 months - 1.50%
3 months - 3.30%
4 months - 1.50%
5 months - 1.50%
6 months - 3.40%
9 months - 1.75%

$50,000 to $149,999

1 month - 1.75%
2 months - 1.75%
3 months - 3.25%
4 months - 1.75%
5 months - 1.75%
6 months - 3.35%
9 months - 2.00%

$150,000 to $500,000

1 month - 2.00%
2 months - 2.00%
3 months - 3.25%
4 months - 2.00%
5 months - 2.00%
6 months - 3.35%
9 months - 2.25%

$500,000 +

See Money Market.

Long Term Deposit (1 to 5 years) - Interest paid yearly

 

1 Year
2 Years
3 Years
4 Years
5 Years

$500 to
$4,999

1 Year - 1.75%
2 Years - 2.00%
3 Years - 2.00%
4 Years - 2.00%
5 Years - 2.00%

$5,000 to $24,999

1 Year - 3.45%
2 Years - 2.85%
3 Years - 3.05%
4 Years - 3.25%
5 Years - 3.45%

$25,000 to $49,999

1 Year - 3.45%
2 Years - 3.10%
3 Years - 3.30%
4 Years - 3.50%
5 Years - 3.70%

$50,000 to $149,999

1 Year - 3.45%*
2 Years - 3.40%
3 Years - 3.60%
4 Years - 3.80%
5 Years - 4.00%

$150,000 to $500,000

1 Year - 3.45%*
2 Years - 3.60%
3 Years - 3.80%
4 Years - 4.00%
5 Years - 4.20%

$500,000 +

See Money Market.

Long Term Deposit (1 to 5 years) - Interest paid quarterly

 

1 Year
2 Years
3 Years
4 Years
5 Years

$500 to
$4,999

1 Year - 1.65%
2 Years - 1.90%
3 Years - 1.90%
4 Years - 1.90%
5 Years - 1.90%

$5,000 to $24,999

1 Year - 3.35%
2 Years - 2.75%
3 Years - 2.95%
4 Years - 3.15%
5 Years - 3.35%

$25,000 to $49,999

1 Year - 3.35%
2 Years - 3.00%
3 Years - 3.20%
4 Years - 3.40%
5 Years - 3.60%

$50,000 to $149,999

1 Year - 3.35%
2 Years - 3.30%
3 Years - 3.50%
4 Years - 3.70%
5 Years - 3.90%

$150,000 to $500,000

1 Year - 3.35%
2 Years - 3.50%
3 Years - 3.70%
4 Years - 3.90%
5 Years - 4.10%

$500,000 +

See Money Market.

Long Term Deposit (1 to 5 years) - Interest paid monthly

 

1 Year
2 Years
3 Years
4 Years
5 Years

$500 to
$4,999

1 Year - 1.60%
2 Years - 1.85%
3 Years - 1.85%
4 Years - 1.85%
5 Years - 1.85%

$5,000 to $24,999

1 Year - 3.30%
2 Years - 2.70%
3 Years - 2.90%
4 Years - 3.10%
5 Years - 3.30%

$25,000 to $49,999

1 Year - 3.30%
2 Years - 2.95%
3 Years - 3.15%
4 Years - 3.35%
5 Years - 3.55%

$50,000 to $149,999

1 Year - 3.30%
2 Years - 3.25%
3 Years - 3.45%
4 Years - 3.65%
5 Years - 3.85%

$150,000 to $500,000

1 Year - 3.30%
2 Years - 3.45%
3 Years - 3.65%
4 Years - 3.85%
5 Years - 4.05%

$500,000 +

See Money Market.

Interest rates quoted on a per annum basis and are subject to change without notice. Interest is calculated daily and paid or credited as specified. Exact term in months or maturity date must be specified when applying for Term Deposits.

Term Deposit interest rates (online)

Online Term Deposit (Rural Bank ONE)

 

3 months
6 months
12 months

Personal Term Deposit

3 months - 3.45%
6 months - 3.55%
12 months - 3.65%

Business Term Deposit

3 months - 3.45%
6 months - 3.55%
12 months -3.65%

DIY Super Term Deposit

3 months - 3.45%
6 months - 3.55%
12 months - 3.65%

Interest rates quoted on a per annum basis. Interest rates are current as of 19 August 2014 and are subject to change without notice. Interest on Rural Bank ONE Term Deposits is calculated daily and paid at maturity. Minimum deposit $500, for interest rates on deposits over $1 million please call us on 1300 660 115 or email us. For further details please visit the Rural Bank ONE website.

Farm Management Deposit interest rates (in branch/phone)

Fixed rate FMD - Interest at maturity

$5,000 to $49,999

3 months - 3.65%
6 months - 3.65%

$50,000 to $400,000

3 months - 3.65%
6 months - 3.65%

Fixed rate FMD - Interest paid yearly

$5,000 to $49,999

12 months - 3.65%
24 months - 3.90%

$50,000 to $400,000

12 months - 3.65%
24 months - 3.90%

Fixed Rate FMD - Interest paid quarterly

$5,000 to $49,999

12 months - 3.50%
24 months - 3.75%

$50,000 to $400,000

12 months - 3.50%
24 months - 3.75%

Fixed Rate FMD - Interest paid monthly

$5,000 to $49,999

12 months - 3.45%
24 months - 3.70%

$50,000 to $400,000

12 months - 3.45%
24 months - 3.70%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited as specified. Minimum deposit $5,000. Maximum aggregate balance is $400,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

Variable Rate FMD - Interest paid yearly

$1,000 to $49,999

1.75%

$50,000 to $400,000

2.25%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid and credited as specified. Minimum deposit $1,000. Maximum aggregate balance is $400,000 for all FMDs. Other eligibility criteria apply.

Farm Management Deposit interest rates (online)

Online Short Term Fixed Rate FMD (Rural Bank ONE) - Interest paid at maturity

 

3 months
6 months

$5,000 to $49,999

3 months - 3.65%
6 months - 3.65%

$50,000 to $400,000

3 months - 3.65%
6 months - 3.65%

Online Fixed Rate FMD (Rural Bank ONE) - Interest paid yearly

 

12 months
24 months

$5,000 to $49,999

12 months - 3.65%
24 months - 3.90%

$50,000 to $400,000

12 months - 3.65%
24 months - 3.90%

Online Fixed Rate FMD (Rural Bank ONE) - Interest paid quarterly

 

12 months
24 months

$5,000 to $49,999

12 months - 3.50%
24 months - 3.75%

$50,000 to $400,000

12 months - 3.50%
24 months - 3.75%

Online Fixed Rate FMD (Rural Bank ONE) - Interest paid monthly

 

12 months
24 months

$5,000 to $49,999

12 months - 3.45%
24 months - 3.70%

$50,000 to $400,000

12 months - 3.45%
24 months - 3.70%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited as specified. Minimum deposit $5,000. Maximum aggregate balance is $400,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

Online Variable Rate FMD (Rural Bank ONE) - Interest paid yearly

$1,000 to $49,999

1.75%

$50,000 to $400,000

2.25%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited as specified. Minimum deposit $1,000. Maximum aggregate balance is $400,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

Interest rates on AgriManager® credit balances

AgriManager® and Business Manager account deposit

$500 to $4,999

0.00%

$5,000 to $9,999

0.10%

$10,000 to 49,999

0.25%

$50,000 to $149,999

0.25%

$150,000 to $249,999

1.25%

$250,000 +

1.25%

Rates apply for AgriManager accounts with a credit (positive) balance. Interest rates quoted on a per annum basis and subject to change without notice. Interest on AgriManager® accounts is variable, calculated daily on a tiered basis and credited to the account at the same frequency as debit interest (monthly, quarterly or six-monthly).

Seasonal Account deposit interest rates

Seasonal Account deposits

$500 to $4,999

0.05%

$5,000 to $9,999

0.05%

$10,000 to 49,999

0.05%

$50,000 to $149,999

0.15%

$150,000 to $249,999

0.50%

$250,000 +

0.50%

Rates apply for Seasonal and Business Cheque Accounts with a credit (positive) balance. Interest rates quoted on a per annum basis and subject to change without notice. Interest rates on Seasonal and Business Cheque Accounts is variable, calculated daily on a tiered basis and credited to the account at the same frequency as debit interest (either monthly, quarterly or six-monthly).

Overdrawn interest rate

Overdrawn interest rate

All overdrawn balances

19.90%

Applies to any unauthorised overdrawn balance on Everyday, Gold Cash Management, Money For Living, Interest Earning at Call, Seasonal (with no credit facility) and Seasonal Plus accounts. Quoted interest rate is on a per annum basis, variable and subject to change without notice. Interest is calculated daily on the closing balance and charged monthly.

Products no longer offered interest rates

Cash Management Account

$5,000 to $9,999

0.05%

$10,000 to $19,999

0.05%

$20,000 to $49,999

0.10%

$50,000 to $149,999

0.50%

$150,000 to $249,999

1.25%

$250,000 +

1.25%

Interest rates quoted on a per annum basis and subject to change without notice. Interest on Cash Management Accounts is variable, calculated daily on a tiered basis and credited to the account on the first of the following month.

Interest Earning at Call Deposit

$500 to $4,999

0.00%

$5,000 to $9,999

0.05%

$10,000 to $49,999

0.05%

$50,000 to $149,999

0.05%

$150,000 to $249,999

0.05%

$250,000 +

0.05%

Money For Living

$5,000 to $9,999

0.05%

$10,000 to $19,999

0.05%

$20,000 to $49,999

0.05%

$50,000 to $249,999

1.00%

$250,000 +

1.25%

Interest rates quoted on a per annum basis and subject to change without notice. Interest on Money For Living accounts is variable, calculated daily on a tiered basis and credited on the first day of the following month.

Floating Rate Farm Management Deposit

Interest paid yearly

2.64%

interest paid quarterly

2.54%

Interest paid monthly

2.49%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily. Rate reviewed every 3 months (February, May, August and November). Interest rates are current as of 1 August 2014. Minimum balance $1,000. Maximum aggregate balance is $400,000 for all FMDs. Other eligibility criteria apply.

RBonline Savings Account

All amounts

3.25%

Interest rates quoted on a per annum basis and subject to change without notice. RBonline Savings Account rates are variable, calculated daily and credited monthly on the first day of the following month.

RBonline Term Deposits

 

3 months
6 months
12 months

All amounts

3 months - 3.45%
6 months - 3.55%
12 months - 3.65%

Interest rates quoted on a per annum basis and subject to change without notice. Interest on RBonline Term Deposits is calculated daily and paid at maturity.