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RaboPlus business accounts

RaboPlus Business Account

CANNEX 5 star rating  

4.00% pa variable on call 

Your business cash earns more with RaboPlus. 

At RaboPlus, businesses receive the same leading interest rates and services we offer everyone else.

. Compare our business savings rate

Business Savings Account features:
  • No minimum balance
  • No fees - ever
  • Free and unlimited transactions
  • Exceptional online banking security
  • Free end of year tax reports
  • Online access to term deposits and low cost managed funds

Use the tax paying cycle to get your surplus cash working harder

Transfer your money in and out of your account when you need the cash flow during the quarterly tax cycles. Stash your GST and PAYE cash in a RaboPlus savings account and have it earning interest until the bills are due.

You can also access guaranteed returns in our 
 term deposits if you like the idea of a secured return over time.

Invest in managed funds

Essential guide to investing in managed funds


With managed funds via RaboPlus you can invest your company's profits in mainly wholesale funds from leading fund managers.

  • Start investing with just $250
  • Access to wholesale funds (wholesale funds generally have lower fund manager fees than retail funds)
  • Low brokerage from RaboPlus - no entry, exit or ongoing RaboPlus fees
  • Choose from a pre-selected list of quality funds. All funds align with our transparent selection criteria
  • No paperwork - straight-through online purchase and sell process 24/7
  • Consolidated account reporting
  • Access to independent investment chat, tips, market commentary, podcasts, blogs and more

DIY super funds

Business owners are looking forward to a comfortable retirement too and often take control of their super through a self managed super fund. All our products are also available for SMSFs. With RaboPlus you can save on fees, be in control and make your own decisions in your own time online, 24/7.

Invest into a broad range of managed funds, as well as a market leading high interest cash saving, and term deposit account.

Ready to apply?

Apply now for a RaboPlus account - it only takes around 10 minutes. Once your account is set up and you receive your Digipass, you can help yourself to high interest savings, open a term deposit or buy and sell managed funds - at any time.

Compare our business savings rate

Don't just take our word for it, have a look at the table below and see how our online business at call savings interest rate compares to those of our competitors.

 

ProductStandard variable
rate (%pa) ^
FeesMinimum
deposits
Maximum
deposits
RaboPlus Business
Savings Account
4.00Niln/an/a
AMP Business
eASYSAVER
3.30Nil$2,000n/a
Bank of Queensland
Business Web Savings
Account
3.50Nil$10,000No max
BankWest Business
Telenet Saver
3.65Niln/an/a
Citibank
Ultimate Business Saver
3.45Yes*$10,000$1,000,000
2.75$1,000,000No max
Commonwealth Bank
Business Online Saver
3.00Nil$10,000No max
ING Direct Business
Optimiser
3.50Niln/an/a
nab Business Cash
Maximiser
3.00Yes*$10,000No max
Suncorp iBus
Maximiser
3.50Yes*$1No max
Westpac Business
Max-i Direct
2.90*Yes*$0$9,999
3.05$10,000$500,000 plus

Apply now for an online high interest savings account Information accurate as at 29 June 2009. Source: CANNEX

^Rates shown are the underlying rates, disregarding any short term introductory rates or bonuses

* The following terms and conditions apply to the rates and fees above:

  • Citibank: Minimum ongoing balance of $10,000 required. 10 free withdrawals per month, fees are charged per withdraw thereafter.

  • nab: Must be linked to a nab everyday bank account which may incur a monthly fee.

  • Suncorp: Fees apply to some transactions.

  • Westpac:  Must be linked to a Westpac transaction account which may incur a monthly fee. The above interest rates apply to accounts opened from 7/7/08. Different rates apply for accounts opened prior to this date.

 

Current rating:

StarStarStarStarStar

You've rated us 4 out of 5
StarStarStarStarStar

Reviewer: Marilyn Behan

Great bank, security, fast turnaround time moving money, so easy to set up term deposits.Would like to be able to deposit funds from overseas and also have more fund managers in the managed funds area.

29/06/2009 11:17
StarStarStarStarStar

Reviewer: Clive Maxted

Raboplus is the most flexible, service oriented banking group I have come across. I love their quiet strength, no big ad campaigns wasting money, so their customers get the best products. Top security and great credit rating they have my money anyday. That is why I recommend Raboplus to all my customers, and as an accountant that is a strong affirmation from my business. Thanks and keep up the great work!

19-05-2009 01:09
StarStarStarStarStar

Reviewer: Gayle Howard

Great interest rate and wonderfully easy banking processes. Well laid out website. I love the digipass. The more security the better I say!

14-05-2009 08:54

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