Savings

We compare different types of savings accounts from across the market, see which one is best for you.

Last Updated Thursday, July 4, 2019 - 5:50pm
Institute Product name Credit rating Typesort descending Min deposit Max deposit Rate More Info

ASB Bank

Savings Plus - Combined base and full reward interest
  • AA-
  • AA-
  • Aa3
Bonus $0 $2 000 000 2.00%

Calculated daily and paid quarterly (on balances up to and including $2,000,000). You can make 1 withdrawal during the first 5 days of the calendar quarter. No other withdrawals are permitted.

Go to site

The Co-operative Bank

Step Saver
  • BBB-
Bonus $0 2.00%

Standard interest rate is 0.25%, extra 1.75% p.a. bonus interest is paid in every month if the account balance, exclusive of interest, is higher at the month end (or on the date the account is closed) than the balance at the start of the month (or on the date the account is opened if the account has been open for less than one month) and no more than one withdrawal is made in the month. If you make one withdrawal within a month, you still need to ensure your balance at the end of the month has grown (excluding interest paid) to be eligible for bonus interest. If you make more than one withdrawal in a month you'll earn the standard interest rate.

Go to site

Bank of New Zealand

Rapid Save
  • AA-
  • Aa3
Bonus $0 1.90%

One free withdrawal each month, after that each withdrawal costs $5

Go to site

ASB Bank

Savings Plus - Combined base and partial reward interest
  • AA-
  • AA-
  • Aa3
Bonus $0 $2 000 000 0.60%

Calculated daily and paid quarterly (on balances up to and including $2,000,000). You can make 1 withdrawal but if that withdrawal is during the first 5 days of the calendar quarter then you can make a second withdrawal at any time during that calendar quarter. 

Go to site

ANZ Bank

ANZ Serious Saver
  • AA-
  • AA-
  • Aa3
Bonus $0 1.75% Go to site

The Co-operative Bank

Online account
  • BBB-
Online $0 1.00% Go to site

NZCU Baywide

Online saver
  • BB-
Online $20 000 2.00%

Customers must register for internet banking and opt for email statements

Go to site

Bank of New Zealand

YouMoney
  • AA-
  • Aa3
Online $0 0.00%

Unlimited withdrawals at no charge

Go to site

NZCU Baywide

Online saver
  • BB-
Online $1 000 $19 999 1.75%

Customers must register for internet banking and opt for email statements

Go to site

TSB Bank

WebSaver
  • BBB+
Online $1 000 1.40% Go to site

Kiwibank

Online Call
  • A+
  • AA+
  • Aa3
Online $0 $1 999 0.00% Go to site

ANZ Bank

ANZ Online account
  • AA-
  • AA-
  • Aa3
Online $0 0.10% Go to site

HSBC

HSBC E-Saver Account
  • AA-
  • AA-
  • Aa2
Online $5 000 000 0.00% Go to site

Kiwibank

Online Call
  • A+
  • AA+
  • Aa3
Online $2 000 1.35% Go to site

HSBC

HSBC E-Saver Account
  • AA-
  • AA-
  • Aa2
Online $0 $5 000 000 0.10% Go to site

Pages

Traded Endowment Policies are a unique alternative to traditional bank term deposits, offering a range of capital read-more

You’ve worked hard, you’ve gotten your loans in order, and your finances are starting to look up. So what’s next? read-more

Picking the right mortgage product can save you thousands of dollars and reduce the time to pay. However, if you go read-more