Home >> Term Deposits

Term Deposits

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

Last Updated Monday, March 23, 2020 - 8:54pm
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
TSB Bank
12 Months
  • A-
1 year

Interest info

six monthly

$5 000 $9 999 2.50% Go to site
Westpac
12 months
  • AA-
1 year

Interest info

At Maturity

$5 000 $5 000 000 2.50% Go to site
Westpac
12 months
  • AA-
1 year

Interest info

Monthly or Compounding

$5 000 $5 000 000 2.50% Go to site
Rabobank New Zealand
15 months Interim interest Quarterly
  • A
1 year

Interest info

Quarterly

$1 000 2.48% Go to site
Rabobank New Zealand
15 months Interim interest Monthly
  • A
1 year

Interest info

Monthly

$1 000 2.47% Go to site
Bank of New Zealand
1 year
  • AA-
1 year

Interest info

Interest payment options available (quarterly, six monthly, annually and at maturity)

$2 000 $5 000 000 2.40% Go to site
Bank of New Zealand
270 - 364 days
  • AA-
1 year

Interest info

Interest payment options available (quarterly, six monthly, annually and at maturity)

$2 000 $5 000 000 2.40% Go to site
Kiwibank
1 year
  • A
1 year

Interest info

Interest Paid at Maturity

$5 000 $9 999 2.40% Go to site
ANZ Bank
1 year
  • AA-
1 year

Interest info

Compounded quarterly, six monthly, annually or at maturity. Paid into any New Zealand bank account monthly, quarterly, six monthly, annually or at maturity.

$10 000 $5 000 000 2.35% Go to site
Bank of India
1 Year
  • BB+
1 year $5 000 $50 000 2.30% Go to site
Bank of Baroda
12 months to less than 18 months
  • BBB-
1 year

Interest info

Interest compounded quarterly on term deposits

$1 000 $4 999 2.25% Go to site
Bank of Baroda
12 months to less than 18 months
  • BBB-
1 year

Interest info

Interest compounded quarterly on term deposits

$5 000 $100 000 2.25% Go to site
Bank of India
444 days
  • BB+
1 year $5 000 $50 000 2.10% 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 2.05% Go to site
ASB Bank
12 Months
  • AA-
1 year

Interest info

Depending on the term, returns can be paid quarterly, six-monthly, annually or at the end of the term. Returns can be paid monthly for investments of $10,000 or more with a term of six months or longer.

$5 000 $10 000 2.00% 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