RaboPlus offers the highest term deposit interest

February 12th, 2008 | by winsonlee |

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RaboPlus offers the highest term deposit compare to the rest of the financial institute. RobaPlus gives you 7.75% in interest for putting money with them for a year. Follows by BankWest Direct which gives 7.6% for half year term. Next will be IngDirect that offers 7.5% for a year term deposit. Many thanks to Reserve Bank of Australia (RBA) for increasing the official cash rate. For those who is holding cash now, this is the reward that you should be getting for patiently waiting for the cash rate to go up.

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