RaboPlus Increases Term Deposit Rates
RaboPlus, the online banking division of Rabobank Australia Limited, today increased rates for three, four and five year fixed term deposits.
Sydney, NSW (PRWEB) March 28, 2009 -- RaboPlus, the online banking division of Rabobank Australia Limited, today increased rates for three, four and five year fixed term deposits.
The new rates are;
| | - The three year rate increased from 4.75% to 4.85%;
- The four year rate increased from 5% to 5.30%;
- The five year rate increased from 5.35% to 5.50%.
|
RaboPlus accepts deposits of $1,000 for fixed terms from one to five years.
General Manager Mr. Greg McAweeney today said RaboPlus provides consistently high rates for high interest savings accounts and term deposits without any hidden terms and conditions.
Mr. McAweeney said that RaboPlus offers some of the highest rates in the market for term deposits with only a $1,000 required to open an account. With official interest rates tipped to fall we are seeing more and more customers looking to lock in guaranteed rates. RaboPlus customers enjoy the peace of mind of saving with Australia's AAA rated bank.
Customers can compare new rates at www.raboplus.com.au.
Media Contact: Tony Rasman, 0418 208770.
RaboPlus is a division of Rabobank Australia Limited, part of the international Rabobank Group, the world's leading specialist in food and agribusiness banking. Rabobank has more than 110 years' experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness.
Rabobank operates in 43 countries, servicing the needs of more than nine million clients worldwide through a network of more than 1500 offices and branches. Rabobank is among the 20 largest banks in the world based on tier one capital.
Rates are subject to change. Early termination fees apply to Term Deposits.RaboPlus and related deposit products are issued by Rabobank Australia Limited ABN 50 001 621 129, AFSL 234700. Read the terms and conditions at raboplus.com.au before making investment decisions. Ratings are subject to change. Latest ratings at www.standardandpoors.com. Ratings are solely statements of opinion, not statements of fact or recommendations to make any investment decisions.
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