{
  "source": "https://openbanking.api.rabobank.com.au/public/cds-au/v1/banking/products/9ea0c26a-dcd4-42f9-9084-013676d8e6c3",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "9ea0c26a-dcd4-42f9-9084-013676d8e6c3",
    "lastUpdated": "2026-05-13T00:54:30Z",
    "productCategory": "TRANS_AND_SAVINGS_ACCOUNTS",
    "name": "PurposeSaver (SMSF)",
    "description": "Give your savings a boost with Purpose Saver savings account which offers flexibility and easy access to your money.",
    "brand": "Rabobank",
    "isTailored": false,
    "additionalInformation": {
      "termsUri": "https://www.rabobank.com.au/termsandconditions",
      "feesAndPricingUri": "https://www.rabobank.com.au/rates/smsf-rates/"
    },
    "features": [
      {
        "featureType": "DIGITAL_BANKING",
        "additionalInfo": "Online and mobile banking.",
        "additionalInfoUri": "https://www.rabobank.com.au/mobile-banking-app#ROSapp"
      },
      {
        "featureType": "NOTIFICATIONS",
        "additionalValue": "Includes advanced notifications sent to clients.",
        "additionalInfo": "An alert about future events or notifications."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "From February 1 2012, the Financial Claims Scheme applies to eligible deposits with a balance up to $250,000 per account holder, per Authorised Deposit-taking Institution.",
        "additionalInfoUri": "https://www.rabobank.com.au/banking/deposits"
      },
      {
        "featureType": "UNLIMITED_TXNS",
        "additionalInfo": "Unlimited free transactions available to clients."
      }
    ],
    "constraints": [
      {
        "constraintType": "MIN_BALANCE",
        "additionalValue": "0.00"
      },
      {
        "constraintType": "OTHER",
        "additionalInfo": "New customers are required to open and maintain a High Interest Savings Account (HISA) which is a variable rate at-call savings account which does not charge fees and has no minimum balance requirement."
      },
      {
        "constraintType": "OTHER",
        "additionalInfo": "Funds can only be transferred externally to the nominated linked account."
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "MIN_AGE",
        "additionalValue": "18",
        "additionalInfo": "Each SMSF trustee owner of an account must be at least 18 years old."
      },
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "SMSF trustee owners are able to digitally open a Purpose Saver Account after a High Interest Savings Account has been opened."
      },
      {
        "eligibilityType": "RESIDENCY_STATUS",
        "additionalValue": "Each SMSF trustee owner of an account must be residing in and tax resident of Australia."
      }
    ],
    "fees": [
      {
        "name": "Account keeping fee",
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "0.00"
        },
        "currency": "AUD",
        "additionalValue": "P1M"
      }
    ],
    "depositRates": [
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0265",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "tiers": [
          {
            "name": "Balance",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "0.00",
            "maximumValue": "250000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Standard Variable Rate",
        "additionalInfoUri": "https://www.rabobank.com.au/rates/smsf-rates/"
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0265",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "tiers": [
          {
            "name": "Balance",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "250000.01",
            "maximumValue": "1000000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Standard Variable Rate",
        "additionalInfoUri": "https://www.rabobank.com.au/rates/smsf-rates/"
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0265",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "tiers": [
          {
            "name": "Balance",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "1000000.01",
            "maximumValue": "2000000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Standard Variable Rate",
        "additionalInfoUri": "https://www.rabobank.com.au/rates/smsf-rates/"
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0265",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "tiers": [
          {
            "name": "Balance",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "2000000.01",
            "maximumValue": "3000000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Standard Variable Rate",
        "additionalInfoUri": "https://www.rabobank.com.au/rates/smsf-rates/"
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0265",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "tiers": [
          {
            "name": "Balance",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "3000000.01",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Standard Variable Rate",
        "additionalInfoUri": "https://www.rabobank.com.au/rates/smsf-rates/"
      }
    ]
  }
}