See how much interest you can earn. Try out our term deposit and saver interest rate calculator.


Saver Account

  • Competitive variable interest rate
  • No account keeping or transaction fees
  • Flexible online access to funds via BPAY® and PayAnyone*
  • Easy online application (completely paperless**)
  • No minimum balance to earn a high rate of interest and a maximum balance of $2 million per customer^

Earn a competitive variable interest rate with no transaction fees, flexible access options and interest paid monthly to the account.

Why have the restriction of only being able to transfer funds to and from an account with another financial institution in your name? With the Rural Bank ONE Saver Account you can transfer funds to an account with any financial institution in any name using our Pay Anyone* service (subject to a maximum transfer limit of $30,000 per day, terms and conditions apply). You can also pay your bills with this account using BPAY®.

With no minimum balance requirement or tiered rates, you earn one high interest rate on your entire balance. No monthly account keeping or transaction fees means that your funds are free to grow.

Deposits can be made by transferring funds electronically to your new account once established (we will email you your account details). Access your account through our Internet and Phone banking services, 24 hours a day, seven days a week, at your convenience.

Deposits with Rural Bank are covered by the Financial Claims Scheme.
(formerly referred to as the Government Deposit Guarantee)

A high interest rate is just the beginning. With interest paid monthly to your account, you earn interest on your interest.

Need more information? View our Saver Account frequently asked questions.

How to apply: Our online application only takes minutes and is completely paperless** (i.e. there are no forms to sign or submit). Learn more or APPLY now.

Learn more about regular payments.

All Australians should have access to affordable banking

Rural Bank customers can access a range of affordable banking products through Bendigo Bank, including accounts with low or no standard fees and charges. One such account is the Concession Account which has no account keeping fees and is available to holders of eligible Commonwealth government concession cards.

For more information on affordable banking and basic bank accounts visit Australian Banking Association

*Requires a Rural Bank security token and term and conditions apply.

**Completely paperless - For applicants who satisfy the requirements for online identity verification.

^Combined value of Rural Bank ONE Saver and/or Rural Bank ONE Term Deposit accounts (whether individual or joint) can not exceed $2,000,000 unless agreed to by Rural Bank.

BPAY® registered to BPAY Pty Ltd ABN 69 079 137 518

Disclaimer - Interest rates quoted are subject to change without notice. This information has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. Terms, conditions, fees, charges may apply. Full details are available on application or by phoning our Customer Service Centre on 1300 660 115, online at, or by visiting your local branch. All information is subject to change. Products are issued by Rural Bank - A Division of Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL/Australian Credit Licence 237879, PO Box 3660 Rundle Mall, SA 5000.

© Rural Bank - A Division of Bendigo and Adelaide Bank Limited
ABN 11 068 049 178 | AFSL/Australian Credit Licence 237879