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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
TSB Bank
2 Years
  • BBB+
    2 years

    Interest info

    six monthly

    $5 000 $9 999 3.45% Go to site
    Kookmin Bank
    2 Y
    • A
      2 years $5 000 $9 999 3.40% Go to site
      The Co-operative Bank
      24 Months
      • BBB
        2 years

        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 3.40% Go to site
        SBS Bank
        24 months
        • BBB
          2 years

          Interest info

          Maturity

          $5 000 $250 000 3.30% Go to site
          HSBC
          2 years
          • AA-
            2 years

            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
            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

              $500 $9 999 3.00% 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.

                $500 $4 999 3.00% Go to site
                HSBC
                2 years
                • AA-
                  2 years

                  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
                  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.

                    $1 000 $4 999 2.25% Go to site
                    ASB Bank
                    2 Years
                    • AA-
                      2 years

                      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
                      Kiwibank
                      2 years
                      • A+
                        2 years

                        Interest info

                        Interest Paid at Maturity

                        $1 000 $4 999 2.00% Go to site
                        HSBC
                        2 years
                        • AA-
                          2 years

                          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
                          Bank of New Zealand
                          2 years**
                          • AA-
                            2 years

                            Interest info

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

                            $2 000 $4 999 0.75% Go to site
                            Bank of Baroda
                            91 to 180 days
                            • BBB-
                              3 Months

                              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 3.00% Go to site
                              Bank of Baroda
                              91 to 180 days
                              • BBB-
                                3 Months

                                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 3.00% Go to site

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