• Term Deposits

  • Savings Accounts

  • Cash Advantage Fund

  • RaboPlus Cycling
  • AAA rated Dutch co-operative bank
  • Founded in 1898
  • 9 million customers in 35 countries
  • Deposits re-invested into rural NZ
  • Consistently high interest rates
  • Market leading online security

RaboPlus is a division of Rabobank, one of the largest, most respected financial institutions in the world. RaboPlus specialises in High Interest Savings and Term Deposits, as well as Managed Funds, for savvy people who want their money to work as efficiently as it can.

More on RaboPlus

Meet the RaboPlus team Find out more about RaboPlus Term Deposits Meet the RaboPlus team Savings Account Meet the RaboPlus team Find out more about our range of Managed Funds. Meet the RaboPlus team How to open an Account... Meet the RaboPlus team
Previous photo Next photo
Apply Online Now

Lock your money away in a Term Deposit with New Zealand's safest bank.

3 year Term Deposit

  • Minimum deposit only $1000
  • Large range of terms
  • No Account Fees
  • Auto reinvest option
  • Interim Interest Payment option (1-5 year terms only)

Learn more

Term Deposit Rates

TermRate (%p.a.)
1 mth3.25
3 mths3.60
6 mths5.30
9 mths5.35
1 yr5.60
15 mths5.35
18 mths5.40
2 yrs5.50
3 yrs6.00
4 yrs6.50
5 years6.75

RaboPlus rates are the current rates

Term Deposit Reviews



I love the fact that your term deposits are available for small time investors like me. $1000 is a lot easier for me to find and invest than $5000 or $10,000. It may not seem much to the big boys, but it makes it exciting for me to be able to say that I have my money invested.

Reviewer:Nicola

Read more reviews

Since launch our Savings Account has been awarded Best Online Savings Account at the coveted Sunday Star Times Canstar 2009 Banking Awards.

Savings Account

  • No Account Fees
  • Personal data protected by the Digipass
  • Special purpose sub accounts for savings goals
  • Instant access to Term Deposits & Managed Funds
  • Business, Trust & Children's Accounts available

Learn more

Compared with other banks* 
Chart
Compare Historic Rates

*Market average = Online On Call account base rates for $10,000 from ANZ, ASB, Kiwibank, NBNZ, Westpac and Total Money from BNZ source per Interest.co.nz weekly between 30th March 2009 and 28th March 2010. Calculations exclude Compounding Interest and Tax.

Savings Account Reviews

Great way to keep your other banks perks without the average interest rate.

Reviewer:Michael McCarroll

Great to see a Bank that gives it benefits to its customers and not just to its own bottom line. Consistently the best on-call savings interest rate. Well Done Raboplus!

Reviewer:Sam Henry

Read more reviews

Our Cash Advantage Fund (CAF) is a Managed Fund that is designed to act like an on-call account and tax is capped at 30%.

Cash Advantage Fund

  • Minimum deposit only $250
  • No Account Fees
  • Interest compounds daily*
  • Funds deposited with AAA rated Rabobank

Learn more

*Our Daily Compounding Interest works like this - Interest on Fund's deposited compounds daily on Tuesday, Wednesday, Thursday and Friday. On Monday, three days' interest compounds (for Saturday, Sunday and Monday).

Compare your bank...

InstitutionFeesInterest
RaboPlusNoneDaily
ANZ0.50%Monthly
ASBNoneMonthly
BNZ0.40%Daily
KiwibankNoneMonthly
NBNZNoneQuarterly
WestpacNoneMonthly

Source: Interest.co.nz

Compare Historic Rates

Cash Fund Reviews



Mike, the other advantage over a traditional on call savings account that many forget, is that the interest is compounding DAILY rather than monthly - so even if you are on a 19.5% tax rate there are still significant savings with your significant other!

Reviewer:Jaron

Read more reviews


Apply Online Now