Term Deposits
Start with as little as $1,000 and choose a term that suits you from 1 month up to 5 years
12 Month Term
%
P.A.
The Benefits
- No annual account fees, open a Term Deposit with $1,000
- Choose interest payments for terms of one year or more
- Option to reinvest automatically when your term matures
The Details
Our term deposits are a great way to get some predictability back into your savings.
Term deposits give you the reassurance that you will have a fixed rate for a fixed period so you know exactly where you stand.
Your deposits go to support the New Zealand food and agribusiness sector which contributes to feeding kiwis and the world.
Our rates
Term Deposits are available to Personal, Children's, Business and existing Trust^ accounts. Last updated:
| Terms | Standard interest† | Monthly (interim) | Quarterly (interim) | Six-monthly (interim) |
|---|---|---|---|---|
| 1 month | % | - | - | - |
| 3 months | % | - | - | - |
| 6 months | % | - | - | - |
| 9 months | % | - | - | - |
| 1 year | % | % | % | % |
| 15 months | % | % | % | - |
| 18 months | % | % | % | % |
| 2 years | % | % | % | % |
| 3 years | % | % | % | % |
| 4 years | % | % | % | % |
| 5 years | % | % | % | % |
† Standard Interest payments are paid on maturity only for terms up to 18 months, and annually for terms 2 years or greater. All interest rates on this page are percentage per annum (p.a.) and are shown before the deduction of taxes. Rabobank Online Savings does not currently offer a compounding interest option for Term Deposits. The interest rates listed here are for deposits up to $5 million and are subject to change without notice. Minimum investment is $1,000.00. For rates on deposits over $5 million please call us on 0800 22 44 33. Early withdrawal fees may apply. Refer to the Rabobank Online Savings Terms & Conditions for more information.
^Please take note that we no longer accept applications for new Trust customers and the Savings Rates shown here apply to existing account holders only.
Open a Rabobank Online Savings Account
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Other savings options
NoticeSaver
Earn a variable interest rate by providing 60 days' notice each time you make a withdrawal.
Interest Rate
%
p.a.
- Add to your balance and make withdrawals at any time^
- No account fees
- No minimum balance
PremiumSaver
Earn a premium interest rate if you increase your balance by $50 per month.*
Variable rate up to
%
p.a.
- Premium interest for growing your savings up to $100k*
- Money is on call
- No account fees or minimum balance
RaboSaver
RaboSaver makes it easy to move money around your accounts.
Interest Rate
%
p.a.
- Interest calculated daily and paid monthly
- No account fees or minimum balance
- Unlimited deposits & withdrawals
^ A 60 day notice period applies prior to each withdrawal
* If the required $50 monthly balance increase excluding interest paid during that month is achieved. The standard RaboSaver rate applies to the portion of the PremiumSaver balance over $100,000 and up to $5 million. If the required $50 monthly balance increase is not achieved, a rate of % p.a. will apply to the total PremiumSaver balance for that month up to $5 million.