How fast will your money grow?
Use our handy calculator to find out how fast your money can grow in a RaboPlus term deposit. Simply enter your initial deposit amount and choose the term and interest rate you would like.
Disclaimer
This calculator is a useful tool to show how placing a set amount of money in a term deposit may assist you in obtaining your financial goals. The information provided does not represent a quote and provides an indication only. The calculator does not take into account your individual investment objectives, financial situation or investment needs and you should assess whether this information is relevant and appropriate to your individual circumstances before making any investment decision. The calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product and you should consider obtaining advice from a financial services licensee before making any financial decisions.
Although Rabobank considers the assumptions used to be reasonable, they are subject to the limitations. As such, the results shown by the calculator are a guide only. Rabobank and its officers, agents, representatives and employees accept no responsibility for any reliance on the calculator or conclusions reached by you in using the calculator.
The calculator requires you to insert your starting deposit amount and the term of investment (which determines the interest rate) in order to derive the total amount of interest you could earn on the deposit amount over that time period. Note fees and charges apply to term deposits broken prior to maturity. These factors will vary the results that you will receive. These calculations do not take into consideration your individual financial circumstances or taxation. Limitations to the calculations apply and do not include or account for future changes to taxation, legislation and other economic conditions such as or changes in inflation or interest rates.
The calculator assumes that all returns are calculated daily and interest is paid at maturity of the term you have specified. A default term of one year has been selected to provide an example only. The interest rates are effective from 27 August 2008 and will change from time to time. These factors will vary the results that you will receive.
The formulae used within this calculator may change without notice.