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Grow your savings with an 18 month term deposit and earn a vintage rate of 3.55% p.a. You're also supporting local food producers because 100% of your RaboDirect savings are used to help fund the New Zealand food and agribusiness sector.

icon-term-deposit 18 month Term Deposit

Minimum investment only $1,000

Choose regular interest payments 

Apply online in minutes

Maturity alert emails to plan your next move


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Not sure which is the right account for you?

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Ready to grow your savings?

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Or call us on 0800 22 44 33 from 8am - 6pm, Monday to Friday.

How to apply for a RaboDirect account 

Apply online by clicking 'Apply Now'. Here’s a few things you will need:

Your IRD number

Your NZ driver licence and passport details (if you have them)

Your vehicle licence plate (if you own one)

An account number for another NZ bank account you hold. 

Learn more about becoming a customer.

Award winning service from Wellington

Our Wellington-based team are on hand to take your calls and reply to your emails. 

CRM Awards

Two layered security with the digipass

The Digipass is a small hand-held device. It randomly generates an access code, which you use to access your RaboDirect account and validate your transactions. 

Learn more about the Digipass.