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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 Friday, May 10, 2019 - 11:10pm
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 deposit Rate More Info
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 3.15% Go to site
TSB Bank
12 Months
  • BBB+
1 year

Interest info

six monthly

$10 000 3.15% Go to site
Westpac
12 months
  • AA-
1 year

Interest info

At Maturity

$5 000 $5 000 000 3.15% Go to site
Westpac
12 months
  • AA-
1 year

Interest info

Monthly or Compounding

$5 000 $5 000 000 3.15% 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.

$2 000 $9 999 3.05% Go to site
TSB Bank
12 Months
  • BBB+
1 year

Interest info

six monthly

$5 000 $9 999 3.05% Go to site
HSBC
12 months
  • AA-
1 year

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 3.00% Go to site
NZCU Auckland
12 months
1 year

Interest info

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

$500 $9 999 3.00% Go to site
HSBC
12 months
  • AA-
1 year

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.

$10 000 $99 000 2.90% Go to site
NZCU South
12 months
  • BB-
1 year

Interest info

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

$500 $4 999 2.45% Go to site
Bank of India
444 days
  • BBB-
1 year

Interest info

We will pay you interest on your Term Deposit on the date it matures and six monthly, three monthly or monthly as agreed when you make the deposit.

$5 000 $50 000 2.10% Go to site
ASB Bank
12 Months
  • AA-
1 year

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.

$5 000 $10 000 2.00% Go to site
Bank of India
1 Year
  • BBB-
1 year

Interest info

We will pay you interest on your Term Deposit on the date it matures and six monthly, three monthly or monthly as agreed when you make the deposit.

$5 000 $50 000 2.00% Go to site
Kiwibank
1 year
  • A+
1 year

Interest info

Interest Paid at Maturity

$1 000 $4 999 2.00% Go to site
HSBC
12 months
  • AA-
1 year

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.

$0 $9 999 1.90% Go to site

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