What makes us Australia’s safest bank?
RaboPlus is issued by Australia's safest bank, Rabobank Australia Limited which has a AAA rating from Standard & Poor's. This is higher than any Australian owned or foreign subsidiary bank in Australia.
Deposits with RaboPlus are guaranteed by our ultimate parent, Rabobank, which has been ranked the world's safest non-government owned bank by Global Finance magazine in 2005, 2006 and 2007.
AAA credit rated
What is a credit rating?
Credit ratings essentially reflect the ability of an institution to meet its obligations to pay principal and interest on investments issued by it.
Rabobank's AAA credit rating
Rabobank has the highest qualification of credit status (AAA) from prominent international rating agencies Standard & Poor's, Moody's and Dominion Bond Rating Service. Measured by its core capital, the organisation is one of the world's twenty largest financial institutions.
This strength is reflected in Rabobank Australia Limited's AAA credit rating because of the guarantee given by Rabobank of Rabobank Australia Limited's financial obligations.
Visit our Legal page for more information regarding the relationship between Rabobank and Rabobank Australia Limited, including the guarantee provided by Rabobank.
AAA rating + Digipass system = very secure banking
Not only do deposits with RaboPlus benefit from Rabobank Australia's AAA rating, we also offer our customers one of the safest methods of online banking available today - the Digipass.
The Digipass is approximately 4cm x 7cm in size - much smaller than a mobile phone. And it means you need more than a simple password to access your accounts or conduct transactions.
It's all based on something called two-factor authentication. In short, your account(s) are protected by two things: something you have (the Digipass); and something you know (your Customer Number and PIN code).
*Ratings are subject to change. For the latest ratings information please visit www.standardandpoors.com. Ratings issued by Standard & Poor's (Australia) Pty Ltd are solely statements of opinion and not statements of fact or recommendations to make any investment decisions.