Rural Bank’s Everyday Community Account is designed to make your money work as hard as you do. It’s a low-cost account, with no monthly service fee.
Important information
Rural Bank products will be transitioned to equivalent Bendigo Bank products on 14 March 2025. While many things are staying the same (e.g. account numbers), there will be some changes. A description of the changes is available in the product variation notices.
Please note: Rural Bank products are no longer available for sale ahead of the transition to Bendigo Bank products.
Features of our Everyday Community Account
No monthly service fees.
Minimum opening and on-going balance of $1.
Interest calculated daily and paid monthly.
Interest rates
Everyday Community Account
| Tier | Rate |
|---|---|
| $500 to $4999 | 0.00% p.a. |
| $5,000 to $9,999 | 0.00% p.a. |
| $10,000 to $49,999 | 0.00% p.a. |
| $50,000 to $149,999 | 0.00% p.a. |
| $150,000 to $249,999 | 0.00% p.a. |
| $250,000 + | 0.00% p.a. |
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.
Overdrawn interest rate
| All overdrawn balances |
|---|
| 19.90% p.a. |
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.
Important information
Things you should know
Interest rates quoted are subject to change without notice. Information is subject to change. Terms, conditions, fees and charges apply and are available by phoning our Customer Service Team on 1300 660 115, or by contacting your local branch.
