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Term deposits

Apply online for a RaboPlus account

Open a term deposit now

To open a term deposit with RaboPlus, you first need to open a RaboPlus account. It’s easy, just follow these 3 steps and you will be earning higher interest on your cash savings in no time. If you already have a RaboPlus savings account there’s no need to re-apply, you can skip steps 1 and 2.

  • Step 1 - Complete the online application form, print and sign it and send it in to us
  • Step 2 - We will send you your account details, digipass (online security token) and PIN so you can activate your account
  • Step 3 - Login to your new account and follow the on screen instructions to open your new term deposit

Hot tip: You can open as many term deposits as you like – at any time, as long as you have a minimum deposit of $1,000.


How to apply


Apply online now

Australia’s safest bank

from Australia's safest bank

Rabobank is the world’s safest non-government owned bank*. All deposits with RaboPlus are guaranteed by our ultimate parent Rabobank, an institution larger than the Commonwealth Bank, Westpac, National Australia Bank and ANZ. So your money is in safe hands.

Apply for an account onlineApply online now for a term deposit

Things we'd like you to know
RaboPlus and related deposit products are issued by Rabobank Australia Limited. Deposits with RaboPlus are guaranteed by our ultimate parent, Rabobank, which has been awarded the world's safest non-government owned bank for 11 consecutive years by Global Finance magazine (1999-2009).