Rabo & PTSB Launch New Savings Products

Lightning

Registered User
Messages
5,509
This probably deserves a new thread.

3 new deposit products have been launched today.

This is the first launch of new products in a long time for Rabo.

[broken link removed]
2.05% on €0.01 to €1,000,000
0.00% on €1,000,000+
  • Access: 90 days notice required for withdrawals.
  • Online only.
  • Deposit Protection: €100,000 via Dutch Deposit Guarantee Scheme.

[broken link removed]
1.95% on €0.01 to €1,000,000
0.00% on €1,000,000+
  • Access: 30 days notice required for withdrawals.
  • Online only.
  • Deposit Protection: €100,000 via Dutch Deposit Guarantee Scheme.

 
The bonus booster is a pretty pointless account if they still keep their online instant access. It gives you 2.5% on balances up to €50,000 and you can make as many withdrawals as you like without affecting the rate. Only on balances over €50,000 does the booster account makes sense.
 
I think it's 2.45% and only up to €20,000
After that it's 1.85%
 

Agreed.

Interesting that Rabo are launching new products after years of the same products. However, there is no value in switching from products, that give a better return for your money, such as KBC Smart Saver.
 
RaboDirect Notice Saver 90 6 Aug 2.05% ➡ 1.95%
RaboDirect Notice Saver 30 6 Aug 1.95% ➡ 1.75%
RaboDirect Savings Account 6 Aug 2.25% ➡ 2%

Also
KBC Smart Access Demand Deposit Account 6 Aug 2.6% ➡ 2.3%
PTSB Online Instant Access 6 Aug 2.5% ➡ 2.25%
 
The updates you mention were posted 2 months ago in the best buy threads. The rate changes are applicable today.