Internet Banking

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
  • Access to Rural Bank's Internet and Phone Banking service 24 hours a day, 7 days a week

How do I apply / find out more?

Related documents

Frequently asked questions

Gold Cash Management Account interest rates

Gold Cash Management Account - Interest paid monthly

$5,000 to $19,999

0.15%

$20,000 to $49,999

0.55%

$50,000 to $99,999

1.25%

$100,000 to $249,999

1.25%

$250,000 +

1.50%

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.

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.

Financial Claims Scheme

Deposits with Rural Bank are covered by the Financial Claims Scheme.

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.

Rural Bank Limited also distributes the Farm Management Deposit product through the Rural Finance brand and this is also covered by the FCS. Both Rural Bank Limited and Rural Finance Farm Management Deposits will be considered under the $250,000 limit when in the same name.

3. Where can I get further information on the FCS?

Further information on the FCS is available on the FCS website - www.fcs.gov.au.

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 Limited.