Our rates

Effective 27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.
Rural Bank ONE Saver rates are variable, calculated daily and credited monthly on the first day of the following month.

Personal Online Saver Account (Rural Bank ONE)

Business Online Saver Account (Rural Bank ONE)

DIY Super Online Saver Account (Rural Bank ONE)

Effective  27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.

Everyday Account

Everyday Community Account

Everyday Retirement Account

Effective 27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.

Interest paid monthly

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.

Effective 29/08/2024. Interest rates quoted on a per annum basis and subject to change without notice.

Short Term Deposit (1 to 9 months)

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

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

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

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.

Effective 29/08/2024. Interest rates quoted on a per annum basis and 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.

Effective 29/08/2024. Interest rates quoted on a per annum basis and subject to change without notice.

Fixed rate FMD - Interest at maturity

Fixed rate FMD - Interest paid yearly

Fixed Rate FMD - Interest paid quarterly

Fixed rate - Interest paid monthly

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

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.

Effective 29/08/2024. Interest rates quoted on a per annum basis and subject to change without notice.

Online Short Term Fixed Rate FMD - Interest paid at maturity

Online Fixed Rate FMD - Interest paid yearly

Online Fixed Rate FMD - Interest paid quarterly

Online Fixed Rate FMD - Interest paid monthly

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

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.

Effective 27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.

AgriManager^® and Business Manager account deposit

Rates apply for AgriManager^® accounts with a credit (positive) balance.  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).

Effective 27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.

Rates apply for Seasonal Accounts with a credit (positive) balance. Interest rates on Seasonal 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).

Effective 27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.

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

Effective date 27/10/2023. 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

Effective date 27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.

Money For Living

Effective date 27/10/2023. 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 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 August 2024. Minimum balance $1,000. Maximum aggregate balance is $800,000 for all FMDs. Other eligibility criteria apply.

RBonline Savings Account

Effective date 27/10/2023. 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

Effective date 29/08/2024. 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.

Business Cheque Accounts

Effective 27/10/2023. Interest rates quoted on a per annum basis and subject to change without notice.

Rates apply for Business Cheque Accounts with a credit (positive) balance. Interest rates on 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).

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.

*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.