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 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
ANZ Bank
60 days
  • AA-
2 Months

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 1.50% Go to site
TSB Bank
60 Days
  • BBB+
2 Months

Interest info

Maturity

$10 000 1.50% Go to site
Kookmin Bank
2M
  • A
2 Months $50 000 $99 999 1.40% Go to site
Kookmin Bank
2M
  • A
2 Months $10 000 $49 999 1.30% Go to site
Kiwibank
60 days
  • A+
2 Months

Interest info

Interest Paid at Maturity

$10 000 $49 999 1.25% Go to site
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
Bank of New Zealand
60 - 89 days
  • AA-
2 Months

Interest info

Interest can only be paid at maturity

$2 000 $5 000 000 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
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 5.50% 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