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RJMelb
- 5 reviews
Great for SMSF cash
A little longer to open an account then I expected. But once in its great! Get an email every time rates change either up or down so I can talk it through with my husband and move to other options as soon as it happens. The token for security is good but a bit old fashioned. Its easy to switch the cash to Term Deposit in their internet banking.
Good rates
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hein_prellerAU
- 8 reviews
- 3 likes
Bad
RaboDirect in the SMSF or Superannuation category is a bit misleading as they do not offer Self Managed Superannuation Funds (SMSF) or retail superannuation. They do offer bank accounts that a SMSF can open.
I am an administrator of SMSF and looked into the possibility to set up accounts with RaboDirect with my company called Superannuation Warehouse.
The problem is RaboDirect does not have a branch network. So if you have a manual cheque to deposit, you can't do it.
A summary of year end transactions is also not downloadable in electroni...Read more
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