Westpac vs Rabobank savings accounts

Rabobank is often stronger if your focus is rate, while Westpac may suit you better if you want a familiar major-bank option or already bank there.

See the key differences

Westpac
Rabobank
Product
Westpac Life
High Interest Savings Account
Advertised rate
4.75% p.a.
4-month intro up to 5.65% p.a.
Intro offer
None shown
4-month intro
Ongoing rate
4.75% p.a.
Up to 3.95% p.a.
How to earn the best rate
Make at least 1 deposit each month. + more
No monthly conditions.
Linked account needed
Requires a linked Westpac everyday account account.
None shown
Withdrawal restriction
None shown
None shown
Age limits
None shown
None shown
No-fuss
No
Yes
Other notes
$50 cashback
Intro offer is limited to new customers.

Current products worth checking

Westpac logo
Westpac
Westpac
Westpac Life
4.75% p.a. · Base + bonus rate
Rabobank logo
Rabobank
Rabobank
High Interest Savings Account
4-month intro up to 5.65% p.a. · Then ongoing up to 3.95% p.a.
Calculator

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