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New Zealanders are spending more on their groceries than ever before. Household food spend makes up a significant portion of New Zealand household budgets.
NoticeSaver is a savings account with a variable interest rate, a Term Deposit is a fixed deposit with a fixed rate and period.
There are several key differences:
To make a withdrawal from NoticeSaver you will need to load a transfer request and wait the 60 day notice period before receiving your funds. For this reason, we suggest that you keep some funds in your RaboSaver account in case you need them in a hurry.
If you are suffering from financial hardship, you can apply for the early release of your funds by completing our Financial Hardship Declaration and providing evidence of the hardship. We will consider your application and advise you if it has been accepted.
See the Financial Hardship Declaration for examples of hardship and the type of evidence required.
You can make one off transfers or set up a Regular Savings Plan from your Nominated Account online.
You or any other individual or organisation can deposits funds into your NoticeSaver account. Just use the facilities of your other bank or provide your account number to the other party.
Log into your Rabobank Online Savings account 60 days before you want access to your funds and create a transfer.
Yes, a notice instruction can be cancelled at any time up until the last business day before the transfer is due.
Note: Once the notice has been cancelled, and if you wish to load a new notice, the 60 days' notice period will restart.
You can have one NoticeSaver account under each different account type you hold with Rabobank Online Savings. For example, if you have an individual account, a joint account, and an existing business account, you are able to open three separate NoticeSaver accounts.