I just noticed that rabobank have again upped the rate on their online savings account (raboplus) in-line with the recent interest rate hike.
The effective rate for this online saver account is now 7.05% (from 6.9%). This now makes it the highest (non-introductory) rate choice of all the online saver accounts!
No announcement on their site yet, but I'd imagine it's coming.
(Edited by scotty: Change URL to RaboPlus)
It's up on the website now. Maybe you should link to the RaboPlus.com.au website instead of InfoChoice now.
Thanks. I am changing the URL of this deal now.
I have also noticed they also have an executive blog, written by the GM of RaboPlus. They should have blogged about it :)
I actually posted this a few minutes after they changed it, the only other way you could tell was by logging in to see the effective rate - it hadn't been updated on the site yet.
Infochoice was up to date tho, so I posted the link to it instead. Thx for updating it.
Interest Rate is 7.15% Now
Interesting. Their website is still showing 6.9%.
Also, is InfoChoice always up to date? 7.05% could be RaboPlus' honeymoon rate when it ran a promotion earlier. Last time when RBA raised interest rate it took only a few days for the saving banks to update their interest rate. I guess we'll just have to wait and see.