Term Deposits

Which option is best for your spare cash? We compare term deposits from over 40 different providers below.

Last Updated Monday, January 20, 2020 - 6:51pm

Term

Institute	Product name	Credit rating	Term	Min deposit	Max deposit	Rate	More Info
Bank of Baroda	90 days to 119 days	BBB-	3 Months Interest info Interest compounded quarterly on term deposits	$5 000	$100 000	2.40%	Go to site
Heartland Bank	3 mths	BBB	3 Months Interest info on maturity	$1 000		2.30%	Go to site
Kookmin Bank	3M	A+	3 Months	$100 000		2.30%	Go to site
NZCU Auckland	3 months		3 Months Interest info Maturity	$10 000	$500 000	2.25%	Go to site
Bank of Baroda	90 days to 119 days	BBB-	3 Months Interest info Interest compounded quarterly on term deposits	$1 000	$4 999	2.20%	Go to site
Kookmin Bank	3M	A+	3 Months	$50 000	$99 999	2.20%	Go to site
NZCU Auckland	3 months		3 Months Interest info Maturity	$500	$9 999	2.20%	Go to site
Credit Union Central	3 MONTHS		3 Months	$500	$1 500 000	2.15%	Go to site
NZCU Baywide	3 months	BB	3 Months Interest info Investors are advised of their options prior to maturity	$1 000	$1 000 000	2.15% Minimum deposit is $1,000 for adults and $500 for children under 18 years old	Go to site
NZCU South	3 months	BB	3 Months Interest info Interest is paid on maturity for terms less than 12 months.	$1 000	$1 500 000	2.15%	Go to site
Kookmin Bank	3M	A+	3 Months	$10 000	$49 999	2.10%	Go to site
Wairarapa Building Society	90 Days	BB+	3 Months	$5 000		2.10%	Go to site
Kiwibank	100 days	A	3 Months Interest info Interest Paid at Maturity	$10 000	$49 999	2.05%	Go to site
Kiwibank	100 days	A	3 Months Interest info Interest Paid at Maturity	$50 000		2.05%	Go to site
Rabobank New Zealand	3 months Standard interest	A	3 Months Interest info Maturity	$1 000		2.05%	Go to site