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- Rabobank Australia
- Term Deposit
Term Deposit
- 6 months
- Automatic maturity rollover
- Joint application available
Interest rate
2.00%
Maximum rate
5.10%
for 60 months
Term Deposit
- 6 months
- Automatic maturity rollover
- Joint application available
Interest rate
2.00%
Maximum rate
5.10%
for 60 months
RateCity says
"Enjoy a competitive interest rate on your term deposit with automatic maturity rollover from Rabobank."
Pros and Cons
For Term Deposit
Benefits
- Automatic maturity rollover
Drawbacks
- Interest cannot be paid to other institution
- 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds
Rabobank Australia Rate Term Deposit overview
For Term Deposit
Features
Min deposit
$1,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
Notice period to withdraw
31
Is covered by government guarantee
Target Market Determination
Interest
Interest calculation frequency
Daily
Interest payment frequency options
Annually, At Maturity
Interest payment via other institution
Interest payment method
-
Fees
Account keeping fee
$0
Early withdrawal fee
Rates
Other Restrictions
New customers are required to open and maintain a High Interest Savings Account (HISA)