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, July 12, 2019 - 10:59pm
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
60 Days
  • BBB+
2 Months

Interest info

Maturity

$5 000 $9 999 1.10% Go to site
ASB Bank
60 Days
  • AA-
2 Months

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 1.00% Go to site
ASB Bank
60 Days
  • AA-
2 Months

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.

$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
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 5.40% Go to site
Bank of Baroda
2 yr to less than 3 year
  • BBB-
2 years

Interest info

Interest compounded quarterly on term deposits

$1 000 $4 999 3.40% Go to site
Bank of Baroda
2 yr to less than 3 year
  • BBB-
2 years

Interest info

Interest compounded quarterly on term deposits

$5 000 $100 000 3.40% Go to site
Credit Union Central
24 MONTHS
2 years $500 $500 000 3.40% Go to site
NZCU Baywide
24 months
  • BB-
2 years $1 000 $1 000 000 3.40%

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

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 3.40% Go to site
Heartland Bank
2 years
  • BBB-
2 years

Interest info

Interest paid 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.

$0 3.35% 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 3.35% Go to site
Kookmin Bank
2 Y
  • A
2 years $100 000 3.30% 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