Trust - Term Deposit
Last updated:
For deposits $1,000 - $50,000
| Terms | At maturity | Monthly | Quarterly | Six-monthly | Annually |
|---|---|---|---|---|---|
| 1 month | % | - | - | - | - |
| 3 months | % | - | - | - | - |
| 6 months | % | - | - | - | - |
| 9 months | % | - | - | - | - |
| 1 year | % | % | % | % | - |
| 15 months | % | % | % | - | - |
| 18 months | % | % | % | % | - |
| 2 years | - | % | % | % | % |
| 3 years | - | % | % | % | % |
| 4 years | - | % | % | % | % |
| 5 years | - | % | % | % | % |
RaboSaver
RaboSaver makes it easy to access your money and the flexibility to move your funds around right when you need it.
Interest Rate
%
p.a.^
- Unlimited deposits & withdrawals on call when you need to
- Funds are on-call
- No account fees or minimum balance
NoticeSaver
A NoticeSaver account requires you to provide 60 days' notice each time you wish to make a withdrawal.
Interest Rate
%
p.a.^
- Add to your balance at any time
- Great for tucking money away
- No account fees or minimum balance
Important information
Rabobank Online Savings terms, conditions and eligibility criteria apply. A minimum investment of $1,000 is required to open a Term Deposit. Interest rates are subject to change without notice, apply to deposits up to $5 million, and are available for Trust Accounts only. All interest rates shown are expressed as a percentage per annum (p.a.) before the deduction of taxes. Rabobank Online Savings does not currently offer a compounding interest option for Term Deposits. For interest rates on deposits over $5 million, please call us on 0800 22 44 33. Early withdrawal fees may apply.
^Applies to balances up to $5,000,000.
Frequently Asked Questions
No. Rabobank Online Savings is fully-online and with our simple onboarding process, we can have your account set-up in no time.
If you have questions about creating an Online Savings account , our New Zealand / Australian based Contact Centre team are available to assist on 0800 22 44 33, Monday – Friday, 8am – 6pm or you can get in touch via our contact form.
No. Rabobank prides itself on offering customers no set-up or monthly fees on all of our savings accounts. However, if you wish to break a Term Deposit prior to maturity, you may incur an early withdrawal fee for this.
No. As the name suggests, Rabobank Online Savings is just for savings so you can still maintain your current transactional bank account for your daily banking. If you wish to withdraw your funds from a Rabobank Online Savings account, simply transfer your funds into your nominated account (this is your daily transactional bank account).
Rabobank currently does not allow new customers to open an account through the Online Savings mobile app. To start an application, follow our easy application process here. Once you’ve created an account, you’ll then be able to open new savings accounts, set-up Term Deposits and manage your account using our mobile app.
Yes. Existing customers can open all of our Savings and Term Deposit accounts online or through the Rabobank Online Savings NZ app. For new customers, please apply online through our website application. It’s easy to get set up and will only take around 5 minutes.
Rabobank Online Savings utilises a Secure Code generator on the mobile app as a multi-factor authentication tool to enhance the security of your account. Once set-up, the Secure Code makes accessing internet banking easy! To learn more, visit our Secure Code webpage.
From 1 July 2025, the Depositor Compensation Scheme (DCS) will protect depositors up to $100,000 per eligible client in the unlikely event of a failure. To learn more about what Rabobank products are eligible, see our DCS webpage.
Rabobank New Zealand Limited has a current credit rating of ‘A’ from Standard & Poors. For more information on our credit rating, refer to our latest Disclosure Statement.
For more information on credit ratings, you can also visit Reserve Bank of New Zealand website.
