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Raboplus increases interest to 7.05% p.a

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Raboplus increases interest to 7.05% p.a
gringo on 05/02/2008 - 23:28 (www.raboplus.com.au)
This entry was posted 301 days ago

I just noticed that rabobank have again upped the rate on their online savings account (raboplus) in-line with the recent interest rate hike.

The effective rate for this online saver account is now 7.05% (from 6.9%). This now makes it the highest (non-introductory) rate choice of all the online saver accounts!

No announcement on their site yet, but I’d imagine it’s coming.

(Edited by scotty: Change URL to RaboPlus)

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1 scotty on 06/02/2008 - 09:04

Interesting. Their website is still showing 6.9%.

Also, is InfoChoice always up to date? 7.05% could be RaboPlus’ honeymoon rate when it ran a promotion earlier. Last time when RBA raised interest rate it took only a few days for the saving banks to update their interest rate. I guess we’ll just have to wait and see.

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zzyss on 06/02/2008 - 09:38

It’s up on the website now. Maybe you should link to the RaboPlus.com.au website instead of InfoChoice now.

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1 scotty on 06/02/2008 - 11:27

Thanks. I am changing the URL of this deal now.

I have also noticed they also have an executive blog, written by the GM of RaboPlus. They should have blogged about it :)

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1 gringo on 07/02/2008 - 20:01

I actually posted this a few minutes after they changed it, the only other way you could tell was by logging in to see the effective rate - it hadn’t been updated on the site yet.

Infochoice was up to date tho, so I posted the link to it instead. Thx for updating it.

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JayJay04 on 15/02/2008 - 11:14

Interest Rate is 7.15% Now