Rabobank PurposeSaver (SMSF)

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PurposeSaver (SMSF) is a savings account from Rabobank. It pays 2.80% p.a. with no bonus conditions.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

Conditions

• not updated by the bank since 2026-10-13, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• you must have an australian residential and postal address and be an australian tax resident while you hold the account
• each individual or trustee owner must be at least 18

Features

app

yes

notifications

yes

transactions

unlimited

Other features, in the bank's words:

• 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.

Fees, limits and who can open it

monthly fee

$0

interest paid

monthly

interest calculated

daily

age

ages 18 and over

open to

SMSF customers

linked account

a linked or nominated transaction account is required

Who can open it, in the bank's own words:

• SMSF trustee owners are able to digitally open a Purpose Saver Account after a High Interest Savings Account has been opened.
• residency: Each SMSF trustee owner of an account must be residing in and tax resident of Australia.
• 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.

About this account

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

Data

• Rabobank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees.
• Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
• We read the bank's own page and terms against this page on 1 November 2026: personal-rates, business-rates, smsf-rates, termsandconditions; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/rabobank.json: this bank's accounts and every balance band as JSON; Rabobank's page lists them.
• The bank last updated this record on 13 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at Rabobank

• Call Deposit Account savings account, 4.00% base at $50,000
• High Interest Savings Accountstale savings account, 4.15% base at $50,000
• High Interest Savings Account (Business)stale savings account, 3.55% base at $50,000
• High Interest Savings Account (SMSF)stale savings account, 3.60% base at $50,000
• PremiumSaverstale savings account, 5.65% conditional at $50,000
• PremiumSaver (Business)stale savings account, 4.20% conditional at $50,000
• PremiumSaver (SMSF)stale savings account, 4.85% conditional at $50,000
• PurposeSaverstale savings account, 3.40% base at $50,000
• PurposeSaver (Business)stale savings account, 2.70% base at $50,000
• Cash Management Accountstale cash management account, 0.05% base at $50,000
• High Interest Savings Account (Trust)stale savings account, 3.55% base at $50,000
• PremiumSaver (Trust)stale savings account, 4.20% conditional at $50,000
• PurposeSaver (Trust)stale savings account, 2.70% base at $50,000

All of Rabobank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.