---
title: "PurposeSaver — Rabobank"
description: "Transaction & Savings Accounts from Rabobank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/rabobank/products/87b11783-3b63-4f59-825e-7d0ecf58c763
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-13T00:54:30Z
---

# PurposeSaver — Rabobank

> Transaction & Savings Accounts from Rabobank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

Give your savings a boost with Purpose Saver savings account which offers flexibility and easy access to your money.

## At a glance

- **Base rate:** 3.25%

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Standard Variable Rate) | 3.25% | Balance $0–$250,000 | monthly |
| Variable (Standard Variable Rate) | 3.25% | Balance $250,000.01–$1,000,000 | monthly |
| Variable (Standard Variable Rate) | 3.25% | Balance $1,000,000.01–$2,000,000 | monthly |
| Variable (Standard Variable Rate) | 3.25% | Balance $2,000,000.01–$3,000,000 | monthly |
| Variable (Standard Variable Rate) | 3.25% | Balance $3,000,000.01+ | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Account keeping fee — Charged monthly | Ongoing | $0.00 |

## Features

- **Digital banking** (Online and mobile banking.)
- **Notifications** — Includes advanced notifications sent to clients. (An alert about future events or notifications.)
- **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.**
- **Unlimited transactions** (Unlimited free transactions available to clients.)

## Eligibility

- **Minimum age** — 18 years (Each individual owner of an account must be at least 18 years old.)
- **Individuals only** (Available only to Individual account owners or Joint account owners.)
- **Individual and Joint account owners are able to digitally open a Purpose Saver Account after a High Interest Savings Account has been opened.**
- **Residency status** — Each individual owner of an account must be an Australian tax resident and residing in Australia.

## Constraints

- **Minimum balance** — $0.00
- **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.**
- **Funds can only be transferred externally to the nominated linked account.**

## More information from Rabobank

- [Terms & conditions](https://www.rabobank.com.au/termsandconditions)
- [Fees & pricing](https://www.rabobank.com.au/rates/personal-rates/)

## Data provenance

- Published by Rabobank under the Consumer Data Right
- Product ID: `87b11783-3b63-4f59-825e-7d0ecf58c763`
- Last updated by the provider: 13 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/rabobank/87b11783-3b63-4f59-825e-7d0ecf58c763
- Provider page: https://www.cdrcompare.au/brands/rabobank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000033

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/rabobank/products/87b11783-3b63-4f59-825e-7d0ecf58c763) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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