Challenger
Rabobank
Overview
Rabobank is an international bank with its headquarters based in the Netherlands. It services customers throughout Australia, providing a range of financial services such as banking, insurance and investments.
Advantages
Banking with Rabobank has many advantages, such as access to a wide range of products and services, competitive interest rates on savings accounts and loans, and convenient online banking options. The main disadvantage is that it does not have the same level of presence in Australia as some other banks do.
Security
Rabobank takes security seriously and offers several measures to protect customers’ data and money. These include encryption technology for online transactions, two-factor authentication for logging into accounts, fraud monitoring systems to detect suspicious activity on accounts, secure payment methods such as Apple Pay or Google Pay for added convenience and safety when making payments online or in store.
Customer Service
Customers can contact Rabobank through phone support during business hours (Monday to Friday 9am - 5pm), email support 24/7 or visit their website for more information about their products and services. In terms of size, Rabobank has a large Australian branch network with ATMs located across the country; customers can use other bank ATMs free of charge using their debit card linked to a Rabo account.
Majors
Big banks with extensive nationwide networks that provide a comprehensive range of services
Challengers
Regional and international banking institutions that offer financial services