Get some great predictability back into your savings
Features in detail
Auto reinvest - set and forget
If you plan to continue investing in a particular term when your Term Deposit matures, then our auto reinvest option lets you do this automatically. Plus, when you set a Term Deposit to auto reinvest you can choose to either reinvest the interest earned or have the interest paid into your RaboSaver.
You also have the option to change your reinvestment options online prior to the maturity of the term deposit, such as changing the length of the next term or topping up the term deposit with additional funds from your RaboSaver.
Interim interest payments available
Interim interest payments are ideal if you're retired or looking to receive a regular income from your savings, much like a salary.
You can choose to receive monthly, quarterly or six-monthly interest payments instead of interest paid at the Term Deposit maturity date. This option is available for 1-5 year Term Deposits. Please note that RaboDirect does not currently offer a compounding interest option for Term Deposits.
Maturity email alerts
A few days before each Term Deposit matures you'll receive an email alert. This gives you enough time to check the latest interest rates, pick a term and decide where next to invest your money.
Strong online safety with the Digipass
We've chosen to protect you with one of the safest methods of online banking available today. Using the Digipass your money is protected by two-factor authentication.
By using the Digipass your savings and investments, as well as your identity, benefit from leading online security.
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