Term Deposits
Enjoy the certainty of a fixed return at a competitive interest rate.
-
Your interest rate is locked-in for a specified term, regardless of
movements in the market - so you know exactly what your return will
be.
-
We offer very competitive interest rates based on the amount and
term of your investment.
-
Ideal for temporary cash surpluses or funds earmarked for a specific
purpose.
Terms range from 30 days to five years (for deposits
under $5,000 the minimum term is 90 days). We can tailor a term to suit your
needs. Competitive interest rates are based on the amount and term of your
investment.
Interest is calculated daily
and added to your investment when it matures (or
six-monthly for terms of 12 months or more,
unless special terms and conditions apply).
Other frequencies are available on request.
We will advise you before your Term Deposit
is due to mature. On maturity you can:
-
Have the principal plus interest paid to any nominated New Zealand
bank account, or
-
Re-invest the whole amount for another term.
For more information or specific rates please contact one of our
relationship managers.
Foreign Currency Term Deposits
We offer Foreign
Currency Term Deposits which enable you
to earn competitive interest on surplus foreign currency funds without
having to convert them to New Zealand Dollars.
More information
Contact us to learn more about how we can help you.