RaboPlus, the only AAA bank in New Zealand launched tonight a new website.
Called BankaRate it offers high interest Term Deposits on a limited basis for a limited time. In most cases the interest rate is 0.4 to 0.5% above what is offered by any other bank.
The site went live at around 7pm and already by 10.00pm only half the available $100K for 1 month rates were remaining.
I need to confess that I’m the Account Manager for Click Suite responsible for the online activities for RaboPlus – so I do have a vested interest. But I’d challenge anyone out there to show me anything with a better rate and with a better level of security.
Check it out here: www.bankarate.co.nz