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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 Thursday, November 7, 2019 - 10:15pm
Filter options Accepted range in days
1 Month 0 - 45
2 Months 32 - 76
3 Months 62 - 106
4 Months 93 - 137
5 Months 123 - 168
6 Months 154 - 230
9 Months 185 - 318
1 year 276 - 456
18 months 366 - 638
2 years 550 - 886
3 years 732 - 1278
4 years 1097 - 1644
5 years 1462 +
Filter options Accepted range in days
1 Month 0 - 45
2 Months 32 - 76
3 Months 62 - 106
4 Months 93 - 137
5 Months 123 - 168
6 Months 154 - 230
9 Months 185 - 318
1 year 276 - 456
18 months 366 - 638
2 years 550 - 886
3 years 732 - 1278
4 years 1097 - 1644
5 years 1462 +
Institute Product name Credit rating Term Min deposit Max depositsort ascending Rate More Info
Rabobank New Zealand
3 months Standard interest
  • A
3 Months

Interest info

Maturity

$1 000 2.05% Go to site
SBS Bank
12 months
  • BBB
1 year

Interest info

Maturity

$1 000 2.75% Go to site
Wairarapa Building Society
90 Days
  • BB+
3 Months $5 000 2.10% 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.

$1 000 2.80% Go to site
Asset Finance
9 Months
9 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 1.80% Go to site
Nelson Building Society
90 days
  • BB+
3 Months $5 000 2.15% Go to site
HSBC
3 years
  • AA-
3 years

Interest info

For term deposits over two months in duration, you can select to have your interest paid to your nominated account on a monthly, quarterly, six-monthly basis or at maturity. Alternatively, you can elect to have your interest paid to your nominated account at the end of your deposit term.

$100 000 2.25% Go to site
HSBC
1 month
  • AA-
1 Month

Interest info

For term deposits over two months in duration, you can select to have your interest paid to your nominated account on a monthly, quarterly, six-monthly basis or at maturity. Alternatively, you can elect to have your interest paid to your nominated account at the end of your deposit term.

$100 000 0.25% Go to site
TSB Bank
30 Days
  • A-
1 Month

Interest info

Maturity

$10 000 0.75% Go to site
The Co-operative Bank
6 Months
  • BBB
6 Months

Interest info

Interest is calculated daily and, unless stated otherwise, paid quarterly (at the end of March, June, September and December) and at maturity - or monthly on deposits above $5,000.

$50 000 2.60% Go to site
Rabobank New Zealand
18 months Standard interest
  • A
18 months

Interest info

Maturity

$1 000 2.50% Go to site
Kiwibank
90 days
  • A
3 Months

Interest info

Interest Paid at Maturity

$50 000 2.10% Go to site
The Co-operative Bank
12 Months
  • BBB
1 year

Interest info

Interest is calculated daily and, unless stated otherwise, paid quarterly (at the end of March, June, September and December) and at maturity - or monthly on deposits above $5,000.

$50 000 2.50% Go to site
Kiwibank
9 months
  • A
9 Months

Interest info

Interest Paid at Maturity

$50 000 2.75% Go to site
HSBC
5 months
  • AA-
5 Months

Interest info

For term deposits over two months in duration, you can select to have your interest paid to your nominated account on a monthly, quarterly, six-monthly basis or at maturity. Alternatively, you can elect to have your interest paid to your nominated account at the end of your deposit term.

$100 000 2.20% Go to site

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