RaboBank Ireland who recently shut their RaboDirect investment fund wing, previously closed ACCBank and have repeatedly cut their RaboDirect instant access and notice rates, have now cut all their term deposit rates to zero.
The new RaboDirect 'rates' are [broken link removed]. Even the 10 year rate is zero.
Rabo join Bank of Ireland (Demand account), Investec (notice account) and Ulster Bank (tracker savings accounts) offering zero rated accounts.
There has been much speculation that RaboBank may close RaboDirect Ireland.
Rabo have effectively exited the term deposit market.
The new RaboDirect 'rates' are [broken link removed]. Even the 10 year rate is zero.
Rabo join Bank of Ireland (Demand account), Investec (notice account) and Ulster Bank (tracker savings accounts) offering zero rated accounts.
There has been much speculation that RaboBank may close RaboDirect Ireland.
Rabo have effectively exited the term deposit market.