RaboDirect Term Deposit

2.60% p.a.1 year

no

 

Rates

  • 2.00% p.a. ($1,000 to $2,000,000)

  • 2.40% p.a. ($1,000 to $2,000,000)

  • 2.55% p.a. ($1,000 to $2,000,000)

  • 2.55% p.a. ($1,000 to $2,000,000)

  • 2.60% p.a. ($1,000 to $2,000,000)

  • 2.90% p.a. ($1,000 to $2,000,000)

  • 3.00% p.a. ($1,000 to $2,000,000)

  • 3.05% p.a. ($1,000 to $2,000,000)

  • 3.30% p.a. ($1,000 to $2,000,000)

  • yes

  • no

  • none

  • 0.10% loyalty bonus applies when a term deposit is automatically reinvested.

About RaboDirect

RaboDirect has created a suite of savings accounts that work together to give you flexibility and choice. Open one account and you automatically get access to the whole set, with no fees and without the hassle of multiple applications. As an 100% online savings account provider RaboDirect takes security seriously, protecting customers with its Digipass security device, plus balances up to $250,000 are guaranteed by the Australian Government.

How are RaboDirect term deposits rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
6.9

Based on 13
RaboDirect term deposits reviews

7.1 7.7 6.2 6.4 7.0

Read RaboDirect term deposit reviews by the Mozo community

Latest reviews of RaboDirect Term Deposit

RaboDirect

RaboDirect Term Deposit term deposit review

Overall rating   7 / 10

excellent

You have to be computer literate.

You have to be computer literate.

    Price   8 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Bernard (QLD), reviewed about 3 years ago

RaboDirect

RaboDirect Term Deposit term deposit review

Overall rating   9 / 10

Best banking secret

I did my research into banks, with my criteria being a competitive interest, easy access to my money and most of all a bank that was safe and reliable in times of economic uncertainty. As Rabobank mainly deals with agricultural business loans,...

I did my research into banks, with my criteria being a competitive interest, easy access to my money and most of all a bank that was safe and reliable in times of economic uncertainty. As Rabobank mainly deals with agricultural business loans, it seems a very safe, secure option for term deposits. I found Rabobank met my criteria. Although the only con was that their interest rate on offer at the time wasn't the highest around, but was still fairly competitive, however I overlooked that for the banks security. Also I didn't want to tie up my investment for any length on time, and wanted it available at short notice. Rabobank offers this option too, and make it very simple. I was also impressed by the banks security consciousness, giving a free token code for added online security for accounts, as I have had to pay extra for these from other banks. I was impressed with the friendliness and level of personal service given and the bonus of very minimal waiting time, not surprising as it's not one of the major mainstream banks. Would definitely recommend it as one of the best banks around for anyone looking at Term Deposit options.

    Price   5 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Philippa (QLD), reviewed over 3 years ago

RaboDirect

RaboDirect Term Deposit term deposit review

Overall rating   8 / 10

Very competitive

Rabo Direct is excellent.

Rabo Direct is excellent.

    Price   8 / 10

    Features   6 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   10 / 10

Less

Mozo reviewer (QLD), reviewed over 3 years ago

RaboDirect

RaboDirect Term Deposit term deposit review

Overall rating   1 / 10

Disgraceful customer service

Some of the Rabo Direct rates are OK - but their service and ease of use is absolutely appalling. Many other financial institutions will look after your needs better than Rabo.

Some of the Rabo Direct rates are OK - but their service and ease of use is absolutely appalling. Many other financial institutions will look after your needs better than Rabo.

    Price   2 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   1 / 10

    Trust   0 / 10

Less

Bruce (NSW), reviewed almost 4 years ago

RaboDirect

RaboDirect Term Deposit term deposit review

Overall rating   10 / 10

Excellent rates and very professional

Excellent rates. Very secure. No fuss. Excellent customer service. Most transparent bank that I have ever dealt with.

Excellent rates. Very secure. No fuss. Excellent customer service. Most transparent bank that I have ever dealt with.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

David (QLD), reviewed about 4 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

* Rates shown are for interest paid annually, or on maturity for terms less than 1 year.

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