Rabodirect Term Deposits

Easy to manage your money with online banking.

Rabodirect term deposits. Plus your deposit up to 250 000 with rabobank is protected under the australian government guarantee. Open a term deposit. Unless otherwise specified the rabobank products and services described on this website are issued only in australia by rabobank australia limited abn 50 001 621 129 afsl 234 700. Feel good knowing you are growing your savings with the bank that helps aussie farmers grow.

If you automatically reinvest your deposit when your term reaches maturity you ll be rewarded with a 0 10 p a. This means rabodirect will be changing to rabobank online savings and bringing our websites together as www rabobank co nz. The rabobank term deposit has a small opening deposit requirement and a large choice of term lengths. The rabobank term deposit is a great choice for savers with a minimum balance of 1 000 ready to store away and who won t be tempted to withdraw it early.

Maximum rates apply when your closing balance on the last day of the month is at least 200 higher than it was at the beginning of the first day of the month excluding interest earned. We do not offer compounding interest payments. However if you are investing in a term of 1 year or less you can choose to automatically reinvest the term deposit at maturity and capitalise the interest. Any catches just keep in mind that there is a 31 day notice requirement for the withdrawal of any funds from the term deposit and you ll need to pay an early withdrawal fee unless rabobank agrees that you re suffering financial hardship.

Term deposits invest with as little as 1 000 and choose a term that suits you from 1 month and up to 5 years. Standard interest payments are paid at maturity only for terms up to 18 months and annually and at maturity for terms of 2 years or greater. With a term deposit you can make the most of your money with fixed returns to maximise your savings. Term deposits from 1 000 to 2 000 000 information last updated on 06 5 2020 a 0 10 loyalty bonus applies in addition to the above rates when a term deposit is automatically re invested.

You ll find your products and accounts under rabobank online savings. Ripen your savings in a rabobank term deposit offering competitive fixed interest with the choice of 1 month to 5 year terms. Term deposits are available to personal trust children s business accounts. Rabobank farm management deposits information on the financial claims scheme is available on the fcs website www fcs gov au.

Option to reinvest automatically. Interest is paid back to the online savings rabodirect account that credited the term deposit. Term deposits from 5000.