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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 deposit Rate More Info
Kiwibank
1 year
  • A
1 year

Interest info

Interest Paid at Maturity

$1 000 $4 999 2.00% Go to site
Wairarapa Building Society
1 Year
  • BB+
1 year $2 000 $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 1.05% Go to site
Wairarapa Building Society
1 Year
  • BB+
1 year $500 $1 999 1.00% Go to site
General Finance
15 months
  • BB-
15 Months

Interest info

Interest paid or compounded quarterly. For deposits in excess of $25,000, interest can be paid monthly.

$2 000 $3 000 000 4.95% Go to site
General Finance
18 Months
  • BB-
18 months

Interest info

Interest paid or compounded quarterly. For deposits in excess of $25,000, interest can be paid monthly.

$2 000 $3 000 000 5.05% 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 4.35% Go to site
NZCU Auckland
18 months
18 months

Interest info

Interest can be paid or compounded on maturity or quarterly

$10 000 $500 000 3.00% Go to site
Bank of Baroda
18 months to less than 2 years
  • BBB-
18 months

Interest info

Interest compounded quarterly on term deposits

$1 000 $4 999 2.90% Go to site
Bank of Baroda
18 months to less than 2 years
  • BBB-
18 months

Interest info

Interest compounded quarterly on term deposits

$5 000 $100 000 2.90% Go to site
NZCU Auckland
18 months
18 months

Interest info

Interest can be paid or compounded on maturity or quarterly

$500 $9 999 2.85% 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
Credit Union Central
18 MONTHS
18 months $500 $1 500 000 2.70% Go to site
NZCU Baywide
18 months
  • BB
18 months $1 000 $1 000 000 2.70%

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

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.

$1 000 $1 500 000 2.70% Go to site

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