Rabobank Term Deposit
“The pound has been one of the better performing G10 currency in the year to date supported by both optimism on the economic outlook resulting from the UK’s rapid vaccine roll-out and relief that Brexit is finally complete,” note Rabobank analysts.
The Rabobank term deposit has a small opening deposit requirement and a large choice of term lengths. If you automatically reinvest your deposit when your term reaches maturity, you'll be rewarded with a 0.10% p.a. Loyalty bonus rate. Plus, your deposit up to $250,000 with Rabobank is protected under the Australian Government Guarantee. Term Deposits From $1,000 to $2,000,000 Information last updated on A 0.10% Loyalty bonus applies in addition to the above rates when a Term Deposit is automatically re-invested. Rabobank.com uses cookies By using cookies we ensure our website is safe and user-friendly. They also mean we can inform you better. The level of cookies and processing of personal information we apply is up to you.
Key quotes
“On both counts, however, the outlook it still littered with pitfalls. Brexit is casting long shadows in particular with respect to issues concerning Northern Ireland and the UK’s new relationship with the EU has not started well. “
“On top of that, UK politics could be rocked by the Scottish elections in May which look set to bring strengthened calls for Scottish independence. On the economy, last November’s pledge by PM Johnson that “things will look different by Easter” is beginning to appear optimistic.”
Term Deposit Rates
“Despite the fast vaccine roll-out, mixed messages from ministers hint that some restrictions may remain in place for longer than expected. We maintain our medium-term target of EUR/GBP 0.87 but see plenty of scope for pullbacks for the pound.”
Demand Deposit
