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Term Deposits

Which option is best for your spare cash? We compare term deposits from over 40 different providers below.

Last Updated Monday, December 10, 2018 - 10:49pm
Filter optionsAccepted range in days
1 Month0 - 45
2 Months32 - 76
3 Months62 - 106
4 Months93 - 137
5 Months123 - 168
6 Months154 - 230
9 Months185 - 318
1 year276 - 456
18 months366 - 638
2 years550 - 886
3 years732 - 1278
4 years1097 - 1644
5 years1462 +
Filter optionsAccepted range in days
1 Month0 - 45
2 Months32 - 76
3 Months62 - 106
4 Months93 - 137
5 Months123 - 168
6 Months154 - 230
9 Months185 - 318
1 year276 - 456
18 months366 - 638
2 years550 - 886
3 years732 - 1278
4 years1097 - 1644
5 years1462 +
Institute Product name Credit rating Term Min deposit Max deposit Rate More Info
General Finance
18 Months
    18 months

    Interest info

    Interest paid or compounded quarterly. For deposits in excess of $10,000, interest can be paid monthly.

    $2 000 5.40% Go to site
    NZCU South
    18 months
    • BB-
      18 months

      Interest info

      Interest may be paid quarterly or compounded for terms 12 months and over.

      $5 000 $500 000 3.85% Go to site
      Asset Finance
      18 Months
        18 months

        Interest info

        Interest (less withholding tax) can be paid into your bank account either monthly or quarterly, or you can grow your investment by having interest reinvest/compound at the end of each quarter.

        $500 3.80% Go to site
        NZCU Auckland
        18 months
          18 months

          Interest info

          You can arrange to get paid interest at regular intervals (conditions apply) or on maturity to any account of your choice

          $10 000 $500 000 3.75% Go to site
          UDC Finance
          18 months Interest Paid at Maturity
          • AA-
            18 months

            Interest info

            Interest Paid at Maturity

            $100 000 3.65% Go to site
            UDC Finance
            18 months Interest Paid Quarterly
            • AA-
              18 months

              Interest info

              Interest Paid Quarterly

              $100 000 3.65% Go to site
              Heartland Bank
              18 mths
              • BBB-
                18 months

                Interest info

                3 Monthly. For terms of 12 months or longer with a minimum deposit of $50,000, interest can be direct credited to a bank account monthly.

                $20 000 3.60% Go to site
                UDC Finance
                18 months Interest Paid at Maturity
                • AA-
                  18 months

                  Interest info

                  Interest Paid at Maturity

                  $5 000 $99 999 3.60% Go to site
                  UDC Finance
                  18 months Interest Paid Quarterly
                  • AA-
                    18 months

                    Interest info

                    Interest Paid Quarterly

                    $5 000 $99 999 3.60% Go to site
                    UDC Finance
                    18 months Interest Paid Monthly
                    • AA-
                      18 months

                      Interest info

                      Interest Paid Monthly

                      $100 000 3.60% Go to site
                      NZCU Baywide
                      18 months
                      • BB-
                        18 months $1 000 $1 000 000 3.55%

                        Minimum deposit is $1,000 for adults and $500 for children under 18 years old

                        Go to site
                        RaboDirect
                        18 months Standard interest
                        • AA-
                          18 months

                          Interest info

                          Maturity

                          $1 000 3.55% Go to site
                          UDC Finance
                          18 months Interest Paid Monthly
                          • AA-
                            18 months

                            Interest info

                            Interest Paid Monthly

                            $5 000 $99 999 3.55% Go to site
                            RaboDirect
                            18 months Interim interest Six-monthly
                            • AA-
                              18 months

                              Interest info

                              Six-monthly

                              $1 000 3.52% Go to site
                              ASB Bank
                              18 Months
                              • AA-
                                18 months

                                Interest info

                                For terms of less than six months and specials, interest is paid at maturity. For longer terms you can choose to have interest paid monthly or at maturity or compounded quarterly, six monthly or annually. Monthly interest cannot be compounded.

                                $10 000 3.50% Go to site

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