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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 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
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
Kookmin Bank
2 Y
  • A
2 years $100 000 3.70% 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.

$10 000 3.65% Go to site
Bank of Baroda
2 yr 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 3.65% Go to site
Bank of Baroda
2 yr 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 3.65% Go to site
Kookmin Bank
2 Y
  • A
2 years $50 000 $99 999 3.60% Go to site
Kookmin Bank
2 Y
  • A
2 years $10 000 $49 999 3.50% Go to site
NZCU Baywide
24 months
  • BB-
2 years $1 000 $1 000 000 3.50%

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 3.50% 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 3.45% Go to site
Kookmin Bank
2 Y
  • A
2 years $5 000 $9 999 3.40% Go to site
Heartland Bank
2 years
  • BBB-
2 years

Interest info

3 monthly

$0 3.35% Go to site
Rabobank New Zealand
2 years Standard interest
  • AA-
2 years

Interest info

Annually and at Maturity

$1 000 3.35% Go to site
Rabobank New Zealand
2 years Interim interest Six-monthly
  • AA-
2 years

Interest info

Six-monthly

$1 000 3.32% Go to site
Rabobank New Zealand
2 years Interim interest Quarterly
  • AA-
2 years

Interest info

Quarterly

$1 000 3.31% Go to site

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