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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
Kiwibank
60 days
  • A+
    2 Months

    Interest info

    Interest Paid at Maturity

    $50 000 1.25% Go to site
    NZCU Baywide
    2 months
    • BB-
      2 Months $1 000 $1 000 000 1.25%

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

      Go to site
      TSB Bank
      60 Days
      • BBB+
        2 Months

        Interest info

        Maturity

        $5 000 $9 999 1.25% Go to site
        Kiwibank
        60 days
        • A+
          2 Months

          Interest info

          Interest Paid at Maturity

          $5 000 $9 999 1.15% Go to site
          Kookmin Bank
          2M
          • A
            2 Months $5 000 $9 999 1.10% Go to site
            ASB Bank
            60 Days
            • AA-
              2 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.

              $5 000 $10 000 1.00% Go to site
              ASB Bank
              60 Days
              • AA-
                2 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 1.00% Go to site
                Westpac
                60 days
                • AA-
                  2 Months

                  Interest info

                  At Maturity

                  $5 000 $5 000 000 1.00% Go to site
                  Bank of New Zealand
                  60 - 89 days*
                  • AA-
                    2 Months

                    Interest info

                    Interest can only be paid at maturity

                    $2 000 $4 999 0.75% Go to site
                    General Finance
                    2 years
                      2 years

                      Interest info

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

                      $2 000 5.50% Go to site
                      Asset Finance
                      2 Years
                        2 years

                        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 4.40% Go to site
                        NZCU South
                        24 months
                        • BB-
                          2 years

                          Interest info

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

                          $5 000 $500 000 4.00% Go to site
                          NZCU Auckland
                          24 months
                            2 years

                            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 3.90% Go to site
                            Bank of Baroda
                            2 year to less than 3 year
                            • BBB-
                              2 years

                              Interest info

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

                              $5 000 $49 999 3.85% Go to site
                              Bank of Baroda
                              2 year to less than 3 year
                              • BBB-
                                2 years

                                Interest info

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

                                $50 000 $100 000 3.85% Go to site

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