Reviewer: Hamish Bond

The on call interest rate has been at 3.6% for a long time. Term deposit rates have gone up are you considering raising on call rates??

Mike Heath: Hamish our rates are very much influenced by the wholesale interest rate market which, in turn, is influenced by the Official Cash Rate (OCR). As you will have no doubt seen in the news, the RBNZ doesn’t have plans to increase the OCR for some time, and so the wholesale market then takes statements like that into consideration when setting interest rates for the future dates. The next OCR statement is due this week so we will be watching with the RBNZ has to say about future expectations for the OCR.

Reviewer: Carolyn King

so easy no hassles. Thank you.

Reviewer: Adam

Excellent idea and its so cool that you just have sub accounts for all your different goals!!!! love it!

Reviewer: Rick

Are Rabo NZ going to offer a Premium Savings scheme as does Rabo Australia?

Mike Heath: Rick as a business we do work very closely with our cousins over the Tasman and share a lot of information and experiences, and we are watching with great interest.

Reviewer: Michael McCarroll

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

Reviewer: Amy

i dont really know because I haven't got raboplus savings account. I am enquiring getting this for my savings account... But why does it say on the "compare us with your bank" that there are no fees and the interest rate is 3.6% then directly below it says "Account fees are bundled up into a total relationship fee of $10 per month † Bonus interest rate increases if no withdrawals are made in the month to 3.25%" ??

Mike Heath: Amy the footnotes refer to the products from our competitors, for example the $10 refers to the BNZ Total Money product. We do not have any account fees nor are there any strings associated with you earning the 3.60% i.e. you can make as many withdrawals, or as fee deposits as you like.

Reviewer: Mia

Hi! I was just wondering if we need to add in a specific amount to the account to keep earning interest? And will this interest stop if I withdraw money out of the account?

Jennifer Herman - Marketing Coordinator: Mia, thanks for your question. We give you the same interest for every dollar you have in your RaboPlus Savings Account. While you do not have to have money in your account to keep it open, you do have to have money in it to earn interest. However we do not penalise you on your interest if you have to withdraw some money out of your account during the month.

Reviewer: Oliver

I really do love my raboplus call account don't get me wrong but am alittle sad that you are consistently giving new customers $50, $100 etc and all they do is need to give a $1 deposit yet a customer who has been with you for years gets nothing. does made me a Sad and doesn't really make one feel a valued customer. why not just raise your rate abit to bring in new customers as well as keep old customers happy.

John Baird - Operations Manager: Oliver, we are very conscious of fairness and equity which is one reason we have a customer exclusive term deposit offer. If you would like a chance to win a holiday for two in the Pacific Islands in exchange for as little as $1000 being placed in a 3 year term deposit, please log in to your account. Although we cannot offer rates as high as some banks for the shorter terms available, our call rate continues to be market leading as are our longer term deposit rates.

Reviewer: Tony

Sooner the better. My foreign exchange funds are with First NZ Capital and I would rather keep them under one roof.(bank) Rabobank is missing an opportunity