Compare Rural Bank savings accounts
Farmers can look forward to multiple benefits when banking with Rural Bank.

The Rural Bank began operations as the Elders Rural Bank, with the aim of delivering specialist baking services to the rural regions of Australia. It changed its name to its current form in 2009, and it 2010 it because a wholly owned subsidiary of the Bendigo and Adelaide Bank Group.
Rural Bank specialises in providing banking products and services to farmers and the general population alike. Farmers can choose from various loans to help grow their farm businesses, and they can also open day to day banking, savings, and investment accounts. If you’re not a farmer, you can still look forward to being an account holder.
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
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This account is especially for farmers and works as an all-in-one account that gives account holders easy means to everyday banking along with an optional overdraft facility. This account does not require a minimum opening or ongoing balance, and gives you the opportunity to earn interest. You can access funds in your account using a Visa debit card and an optional business chequebook.
The everyday account is for everyone. Account holders can access funds in their accounts using a Visa debit card, they can turn to Australia Post outlets that display the Bank@Post symbol, and they can get an optional chequebook.
You can apply for this account if you’re over 55 years of age. You earn competitive interest if your account balance exceeds $46,000. Account holders get a Visa debit card, they can transact at Australia Post outlets that display the Bank@Post symbol, and they can get optional chequebooks.
This account gives you the ability to earn interest if your balance exceeds $5,000, in a tiered manner, and it also offers the convenience of a day to day account. If you maintain an ongoing balance of , you don’t have to pay any monthly account keeping fees. You can access funds in your account using a Visa debit card.
This account is for not-for-profit community organisations. It does not charge any account keeping fees, and it pays a competitive interest rate. You can open this account with as little as one Australian dollar, which is also how much you have to maintain as your minimum ongoing balance. This account comes with a Visa debit card and a business chequebook.
Back to topWith Rural Bank Farm Management Deposits farmers can set aside their pre-tax earnings from profitable years and earn interest on the same. You can apply for this account if you’re a primary producer who earns $100,000 or less as taxable non-farm income in a financial year. You can have multiple Farm Management Deposits, with a combined total of up to $400,000, and you can choose between earning fixed and variable interest.
You can apply for this account as an individual, a business, or a self-managed superannuation holder. With this account you can expect to earn high interest, and you don’t have to pay any account keeping fees. You can access funds in your account using BPAY and Rural Bank’s PayAnyone service. You can have a maximum balance of $2,000,000 in this account.
Back to topYou can open a Rural Bank term deposit with as little as $500, and terms vary in between one month and five years. Rural Bank term deposits don’t attract any ongoing account keeping fees, and you can apply as an individual, a business, or a self-managed superannuation holder.
Back to topDepending on the account you wish to open, you can apply online, you can initiate the process over the phone, or you can send your application via post. To apply online, simply click on the ‘Go to Site’ button, but make sure you meet the following eligibility criteria.
As part of the application process, prepare to part with the following information.
Keep perfect track of your not-for-profit organisations financial history with an account that gives you multiple access options and interest earnings on your daily balance.
With features designed for simplicity in banking, the Everyday Account makes it easy to manage your day-to-day spending.
You can grow your savings quickly and easily by locking them into a term deposit from Rural Bank.