Skip to main content

At call deposit account interest rate change 28 October 2020

28 October 2020 |Interest rate announcement
Rural Bank is decreasing the following at call deposit account interest rates effective Wednesday 28 October 2020
  • Gold Cash Management Account
  • Everyday Retirement Account
  • Member Advantage
  • Variable Rate Farm Management Deposit
  • Rural Bank ONE Saver (Personal, Business and DIY Super)
  • Rural Bank ONE Variable Rate FMD
  • RBonline Savings Account*
  • Staff Advantage*

*Please note RBonline savings account and Staff Advantage are not available to new customers and this change applies to existing RBonline savings and Staff Advantage deposit accounts only.

Gold Cash Management Account

Tier Rate
$0 to $4,999.99 0.00% p.a.
$5000 to $19,999.99 0.00% p.a.
$20,000 to $49,999.99 0.00% p.a.
$50,000 to $99,999.99 0.10% p.a.
$100,000 to $249,999.99 0.10% p.a.
$250,000 and above 0.15% p.a.

Everyday Retirement Account1

Tier Rate
$500 - $1,999.99 0.00% p.a.
$2,000 - $46,599.99 0.10% p.a.
$46,600 and above 0.30% p.a.

Member Advantage

Tier Rate
$0 and above 0.00% p.a.

Variable Rate Farm Management Deposit

Tier Rate
$0 to $999.99 0.00% p.a.
$1000 to $49,999.99 0.00% p.a.
$50,000 to $399,999.99 0.10% p.a.
$400,000 to $800,000 0.10% p.a.

Rural Bank ONE Personal Saver Account

Tier Rate
$0 - $2,000,000 0.15% p.a.

Rural Bank ONE Business Saver Account (including DIY Super)

Tier Rate
$0 - $4,999.99 0.00% p.a.
$5,000 - $2,000,000 0.15% p.a.

Rural Bank ONE Variable Rate FMD

Tier Rate
$0 to $999.99 0.00% p.a.
$1000 to $49,999.99 0.00% p.a.
$50,000 to $399,999.99 0.10% p.a.
$400,000 to $800,000 0.10% p.a.

Products no longer available for new business

RBonline Savings Account

Tier Rate
$0 and above 0.15% p.a.

Staff Advantage

Tier Rate
$0 - $4,999.99 0.00% p.a.
$5,000 and above 0.00% p.a.

1 Interest is calculated on a stepped basis which means interest is earned on the portion of the account balance that falls within each range, at the interest rate applicable to that range. Rates effective 28 October 2020. The above rates are subject to change. Subject to Terms and Conditions, Fees and Charges apply. Rural Bank – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178. AFSL 237879. (1530956-1530953) (10/20)

For further information, please contact our Customer Service Centre on 1300 660 115 or visit your nearest branch. To view Rural Bank’s current interest rates, visit our rates page.

Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879

Related Topics

Rural Bank - A Division of Bendigo and Adelaide Bank Limited
© Copyright 2020 Rural Bank | ABN 11 068 049 178 | AFSL/Australian Credit Licence 237879