Rabobank Farm Management Deposit (Variable rate)
Transaction & Savings AccountsData Sharing Status
Being available to individual primary producers, the Rabobank Farm Management Deposit (FMD) account can enable them set aside surplus pre-tax income from profitable seasons to help out in leaner times.
- Base rate
- 1.9%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 1.9% | Balance $1,000–$99,999.99 | every 3 months |
| Variable | 1.9% | Balance $100,000–$499,999.99 | every 3 months |
| Variable | 1.9% | Balance $500,000–$800,000 | every 3 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Account keeping fee Charged monthly | Ongoing | $0.00 |
Features
- Digital banking
- Online and mobile banking.
- Fraud protection
- Includes fraud protection.
- 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.
Eligibility
- Individuals onlyYou must be an individual primary producer (with taxable non-primary production income of $100,000 or less for the income year or another amount as amended by legislation from time to time) at the time of making a Farm Management Deposit.
- Suitable for farmers (individual primary producers) only.
- Applicants who are minors (less than 18 years of age) will be considered if they are a beneficiary of a trust. Rabobank will require an Authorised Signatory who is 18 years or older to operate the Account on behalf of the minor.
Constraints
- Maximum balance — $800,000.00The total balance in all your Farm Management Deposit accounts, across all financial institutions, can't be more than $800,000 (or another amount as amended by legislation from time to time).
- Opening balance — $1,000.00
- Funds can only be transferred externally to the linked nominated account.
More Information
Published by Rabobank under the Consumer Data Right · Last updated 15 May 2026 · Product ID a11d6810-6fe5-4d71-8014-d93244f78f53 · View on CDR.gov.au · View Source Data (JSON)