## 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.

## All rates

Effective 28 May 2020 - Interest rates are subject to change without notice. Information on current interest rates and standard fees and charges are available on request.

**Personal Online Saver Account (Rural Bank ONE)**

Tier | Rate |

$0 - $4,999 | 0.25% p.a. |

$5,000 - $2,000,000 | 0.25% p.a. |

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

Tier | Rate |

$5,000 - $2,000,000 | 0.25% p.a. |

**Everyday Account**

Tier | Rate |

$500 - $4,999 | 0.00% p.a. |

$5,000 - $9,999 | 0.00% p.a. |

$10,000 - $49,999 | 0.00% p.a. |

$50,000 - $149,000 | 0.00% p.a. |

$150,000 - $249,000 | 0.00% p.a. |

$250,000+ | 0.00% p.a. |

**Everyday Community Account**

Tier | Rate |

$500 - $4,999 | 0.00% p.a. |

$5,000 - $9,999 | 0.00% p.a. |

$10,000 - $49,999 | 0.00% p.a. |

$50,000 - $149,000 | 0.00% p.a. |

$150,000 - $249,000 | 0.00% p.a. |

$250,000+ | 0.00% p.a. |

**Everyday Retirement Account**

Tier | Rate |

$500 - $1,999 | 0.00% p.a. |

$2,000 - $46,599 | 0.10% p.a. |

$46,600+ | 0.45% p.a. |

**Interest paid monthly**

Tier | Rate |

$5000 to $19,999 | 0.00% p.a. |

$20,000 to $49,999 | 0.00% p.a. |

$50,000 to $99,999 | 0.10% p.a. |

$100,000 to $249,999 | 0.10% p.a. |

$250,000 + | 0.25% p.a. |

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.

**Short Term Deposit (1 to 9 months)**

Period | $500 - $4,999 |
$5,000 - $24,999 |
$25,000 - $49,999 |
$50,000 - $149,999 |
$150,000 - $500,000 |
$500,000+ |

1 month | 0.15% p.a. | 0.15% p.a. | 0.25% p.a. | 0.30% p.a. | 0.40% p.a. | See Money Market |

2 months | 0.20% p.a. | 0.25% p.a. | 0.30% p.a. | 0.40% p.a. | 0.45% p.a. | |

3 months | 0.20% p.a. | 0.85% p.a. | 0.85% p.a. | 0.85% p.a. | 0.85% p.a. | |

4 months | 0.20% p.a. | 0.25% p.a. | 0.30% p.a. | 0.55% p.a. | 0.80% p.a. | |

5 months | 0.20% p.a. | 0.80% p.a. | 0.80% p.a. | 0.80% p.a. | 0.80% p.a. | |

6 months | 0.25% p.a. | 1.00% p.a. | 1.00% p.a. | 1.00% p.a. | 1.00% p.a. | |

9 months | 0.20% p.a. | 0.20% p.a. | 0.45% p.a. | 0.70% p.a. | 0.85% p.a. |

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

Period | $500 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 - $149,999 | $150,000 - $500,000 | $500,000+ |

1 year | 1.00% p.a. | 1.15% p.a. | 1.15% p.a. | 1.15% p.a. | 1.15% p.a. | See Money Market |

2 years | 0.35% p.a. | 1.00% p.a. | 1.00% p.a. | 1.00% p.a. | 1.00% p.a. | |

3 years | 0.30% p.a. | 0.35% p.a. | 0.50% p.a. | 0.80% p.a. | 1.00% p.a. | |

4 years | 0.30% p.a. | 0.30% p.a. | 0.50% p.a. | 0.80% p.a. | 1.00% p.a. | |

5 years | 0.25% p.a. | 0.25% p.a. | 0.50% p.a. | 0.80% p.a. | 1.00% p.a. |

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

Period | $500 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 - $149,999 | $150,000 - $500,000 | $500,000+ |

1 year | 0.90% p.a. | 1.05% p.a. | 1.05% p.a. | 1.05% p.a. | 1.05% p.a. | See Money Market |

2 years | 0.25% p.a. | 0.90% p.a. | 0.90% p.a. | 0.90% p.a. | 0.90% p.a. | |

3 years | 0.20% p.a. | 0.25% p.a. | 0.40% p.a. | 0.70% p.a. | 0.90% p.a. | |

4 years | 0.20% p.a. | 0.20% p.a. | 0.40% p.a. | 0.70% p.a. | 0.90% p.a. | |

5 years | 0.15% p.a. | 0.15% p.a. | 0.40% p.a. | 0.70% p.a. | 0.90% p.a. |

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

Period | $500 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 - $149,999 | $150,000 - $500,000 | $500,000+ |

1 year | 0.85% p.a. | 1.00% p.a. | 1.00% p.a. | 1.00% p.a. | 1.00% p.a. | See Money Market |

2 years | 0.20% p.a. | 0.85% p.a. | 0.85% p.a. | 0.85% p.a. | 0.85% p.a. | |

3 years | 0.15% p.a. | 0.20% p.a. | 0.35% p.a. | 0.65% p.a. | 0.85% p.a. | |

4 years | 0.15% p.a. | 0.15% p.a. | 0.35% p.a. | 0.65% p.a. | 0.85% p.a. | |

5 years | 0.10% p.a. | 0.10% p.a. | 0.35% p.a. | 0.65% p.a. | 0.85% p.a. |

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.

Personal | Business | DIY Super | |

3 months | 0.90% p.a. | 0.90% p.a. | 0.90% p.a. |

6 months | 1.05% p.a. | 1.05% p.a. | 1.05% p.a. |

12 months | 1.20% p.a. | 1.20% p.a. | 1.20% p.a. |

Interest rates quoted on a per annum basis. Interest rates 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.

**Fixed rate FMD - Interest at maturity**

Tier | 3 month | 6 month |

$5000 to $49,999 | 0.90% p.a. | 1.00% p.a. |

$50,000 to $399,999 | 0.90% p.a. | 1.00% p.a. |

$400,000 to $800,000 | 0.90% p.a. | 1.00% p.a. |

**Fixed rate FMD - Interest paid yearly**

Tier | 12 month | 24 month |

$5000 to $49,999 | 1.15% p.a. | 1.00% p.a. |

$50,000 to $399,999 | 1.15% p.a. | 1.00% p.a. |

$400,000 to $800,000 | 1.15% p.a. | 1.00% p.a. |

**Fixed Rate FMD - Interest paid quarterly**

Tier | 12 month | 24 month |

$5000 to $49,999 | 1.00% p.a. | 0.85% p.a. |

$50,000 to $399,999 | 1.00% p.a. | 0.85% p.a. |

$400,000 to $800,000 | 1.00% p.a. | 0.85% p.a. |

**Fixed rate - Interest paid monthly**

Tier | 12 month | 24 month |

$5000 to $49,999 | 0.95% p.a. | 0.80% p.a. |

$50,000 to $399,999 | 0.95% p.a. | 0.80% p.a. |

$400,000 to $800,000 | 0.95% p.a. | 0.80% p.a. |

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 $800,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

**Variable rate - Interest paid yearly**

Tier | Rate |

$5000 to $49,999 | 0.00% p.a. |

$50,000 to $399,999 | 0.20% p.a. |

$400,000 to $800,000 | 0.20% p.a. |

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 $800,000 for all FMDs. Other eligibility criteria apply.

**FMD Offset Account – Discounted Offset Rate**

The following interest rate is used to calculate the discounted interest on eligible Term Loan accounts that are linked to a Rural Bank FMD Offset Account. For more information refer to clause 23.4 of the Rural Bank Banking Accounts Terms and Conditions.

Offset type |
Interest rate |

Full offset* | 0.00% |

*The term loan being offset must have a variable rate and the purpose for which must relate wholly to a primary production business carried on by the FMD owner either directly as a sole trader or through a partnership.

**Online Short Term Fixed Rate FMD - Interest paid at maturity**

Tier | 3 month | 6 month |

$5000 to $49,999 | 0.90% p.a. | 1.00% p.a. |

$50,000 to $399,999 | 0.90% p.a. | 1.00% p.a. |

$400,000 to $800,000 | 0.90% p.a. | 1.00% p.a. |

**Online Fixed Rate FMD - Interest paid yearly**

Tier | 12 month | 24 month |

$5000 to $49,999 | 1.15% p.a. | 1.00% p.a. |

$50,000 to $399,999 | 1.15% p.a. | 1.00% p.a. |

$400,000 to $800,000 | 1.15% p.a. | 1.00% p.a. |

**Online Fixed Rate FMD - Interest paid quarterly**

Tier | 12 month | 24 month |

$5000 to $49,999 | 1.00% p.a. | 0.85% p.a. |

$50,000 to $399,999 | 1.00% p.a. | 0.85% p.a. |

$400,000 to $800,000 | 1.00% p.a. | 0.85% p.a. |

**Online Fixed Rate FMD - Interest paid monthly**

Tier | 12 month | 24 month |

$5000 to $49,999 | 0.95% p.a. | 0.80% p.a. |

$50,000 to $399,999 | 0.95% p.a. | 0.80% p.a. |

$400,000 to $800,000 | 0.95% p.a. | 0.80% p.a. |

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 $800,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

**Online Variable Rate FMD - Interest paid yearly**

Tier | Rate |

$5000 to $49,999 | 0.00% p.a. |

$50,000 to $399,999 | 0.20% p.a. |

$400,000 to $800,000 | 0.20% p.a. |

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 $800,000 for all FMDs. Other eligibility criteria apply.

^{®}credit balances

**AgriManager ^{®} and Business Manager account deposit**

Tier | Rate |

$500 to $4,999 | 0.00% p.a. |

$5,000 to $9,999 | 0.02% p.a. |

$10,000 to $49,999 | 0.02% p.a. |

$50,000 to $149,999 | 0.02% p.a. |

&$150,000 to $249,999 | 0.02% p.a. |

$250,000 + | 0.02% p.a. |

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).

Tier |
Rate |

$500 to $4999 | 0.00% p.a. |

$5,000 to $9,999 | 0.02% p.a. |

$10,000 to $49,999 | 0.02% p.a. |

$50,000 to $149,999 | 0.02% p.a. |

$150,000 to $249,999 | 0.02% p.a. |

$250,000 + | 0.02% p.a. |

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).

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.

**Cash Management Account / Seasonal Plus Account**

Tier |
Rate |

$5,000 to $9,999 | 0.00% p.a. |

$10,000 to $19,999 | 0.00% p.a. |

$20,000 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 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**

Tier |
Rate |

$0 to $4,999 | 0.00% p.a. |

$5,000 to $9,999 | 0.05% p.a. |

$10,000 to $49,999 | 0.05% p.a. |

$50,000 to $149,999 | 0.05% p.a. |

$150,000 to $249,999 | 0.05% p.a. |

$250,000 + | 0.05% p.a. |

**Money For Living**

Tier |
Rate |

$5,000 to $9,999 | 0.00% p.a. |

$10,000 to $19,999 | 0.00% p.a. |

$20,000 to $49,999 | 0.00% p.a. |

$50,000 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 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 | Interest paid quarterly | Interest paid monthly |

0.10% p.a. | 0.10% p.a. | 0.10% p.a. |

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 February 2020. Minimum balance $1,000. Maximum aggregate balance is $800,000 for all FMDs. Other eligibility criteria apply.

**RBonline Savings Account**

All amounts |

0.25% p.a. |

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**

Tier | Rate |

3 months | 0.90% p.a. |

6 months | 1.05% p.a. |

12 months | 1.20% p.a. |

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.