RaboDirect New Zealand is the country’s first online only bank that specialises in savings accounts and other investments..
Originally known as “RaboPlus”, RaboDirect is RaboBank’s brand for online only services. The internet company currently operates in five countries, including Germaeny, Ireland, Australia, Belgium, and of course, New Zealand.
Surprisingly, the first version of the online services was initially launched in New Zealand itself, back in February 2006. From there, they have expanded the brand to the other countries.
The bank specifically states they do not offer traditionally banking products such as cheque facilities, EFTPOS, credit cards, or even mortgages. RaboDirect only wants you to use them for savings and investments.
As an online-only business, the company does not have any official branches you can walk in to discuss the services. Feel free to call them on one of the numbers below.
RaboDirect offer a number of online accounts including:
- Term Deposits
- PIE Funds (managed funds, cash advantage funds, term advantage funds)
Head office address
Level 23, Vodafone on the Quay
157 Lambton Quay
P.O. Box 38567
- From New Zealand: 0800 22 44 33
- From overseas: +64 4 819 2870
- From New Zealand: 0800 22 88 66
- From overseas: +64 4 819 2871