Day to day banking
Gold Cash Management Account
Earn competitive interest on funds, with all the flexibility, easy access and benefits of a day-to-day personal or business transaction account. You’ll earn interest on balances over $5000, and rates are tiered, so the bigger your balance, the higher the interest rate.
- Tiered interest rates, offering a higher rate of interest the greater your balance
- Interest calculated daily and paid monthly
- Monthly service fee is waived if minimum balance of $5,000 is maintained
- Access your funds with a Rural Bank Visa Debit card at shops and ATM's across Australia and overseas, as well as phone and online transactions. Learn more
How do I apply / find out more?
Frequently asked questions
Gold Cash Management Account interest rates
Gold Cash Management Account - Interest paid monthly
$5,000 to $19,999
$20,000 to $49,999
$50,000 to $99,999
$100,000 to $249,999
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.
Overdrawn interest rate
Overdrawn interest rate
All overdrawn balances
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.
Financial Claims Scheme
The Financial Claims Scheme protects depositors through the provision of a guarantee on deposits (up to a cap) held in Authorised Deposit-taking Institutions (ADIs) in Australia and allows quick access to their deposits if an ADI becomes insolvent. As such please note the following information:
- As Rural Bank is a part of the Bendigo & Adelaide Bank Group, deposits with Rural Bank are covered by the Financial Claims Scheme;
- You may be entitled to a payment under the Financial Claims Scheme in the event of Bendigo & Adelaide Bank becoming insolvent;
- Accessibility to the Financial Claims Scheme is subject to eligibility criteria.
The following has been provided to inform you on the Financial Claims Scheme.
1. What is the Financial Claims Scheme?
The Financial Claims Scheme (FCS) is an Australian Government scheme that provides protection and quick access to deposits in banks, building societies and credit unions in the unlikely event that one of these financial institutions fails. Under the FCS, certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).
The FCS can only come into effect if it is activated by the Australian Government when an institution fails. Once activated, the FCS will be administered by the Australian Prudential Regulation Authority (APRA). In an FCS scenario, APRA would aim to pay the majority of customers their protected deposits under the Scheme within seven calendar days.
2. How is the FCS limit applied?
The FCS limit of $250,000 applies to the sum of an account holder's deposits under the one banking license. Therefore, all deposits held by an account holder with a single banking institution must be added together towards the $250,000 FCS limit, and this includes accounts with any other banking businesses that the licenced banking institution may operate under a different trading name.
Bendigo and Adelaide Bank Limited’s network of brands and joint ventures provide a wide range of products and services, and those that are covered by the FCS are Bendigo Bank, Adelaide Bank, Community Bank®, Alliance Bank, Community Sector Banking, Rural Bank and Delphi Bank.
3. Where can I get further information on the FCS?
Fees and charges
For all Rural Bank fees and charges, download the Schedule of fees and charges document.
Interest rates quoted are subject to change without notice. This information has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. Terms, conditions, fees and charges may apply. Full details are available on application, by phoning our Customer Service Centre on 1300 660 115, online or by visiting your local branch. All information is subject to change. Products are issued by Rural Bank.