Term Deposits
Enjoy the certainty of a fixed return at a competitive interest rate.
Special Term Deposit Rates
Earn 4.30% p.a. for 180 days, or 4.40% p.a. for 1 year.
Click here for more details, including a copy of the Investment Statement.
Term Deposit Rates
This page was last updated on 24 January 2012. All rates are displayed in % per annum and are subject to change.
|
$10,000+ |
| 30 days |
3.00 |
| 60 days |
3.00 |
| 90 days |
3.25 |
| 100 days |
3.25 |
| 120 days |
3.25 |
| 150 days |
3.25 |
| 180 days |
4.30 |
| 210 days |
4.00 |
| 270 days |
4.00 |
| 1 year |
4.40 |
| 18 months |
4.25 |
| 2 years |
4.75 |
| 3 years |
5.00 |
| 4 years |
5.25 |
| 5 years |
5.50 |
Rates are available for Retail and Business Banking customers and apply up to the first $5,000,000 held by the customer in all term deposits with The National Bank. For rates applicable to amounts in excess of $5,000,000 please contact us.
Fees
An adjustment to the interest rate will apply if the Term Deposit is broken prior to maturity,
details are available from your nearest branch or
call 0800 18 18 18.
Interest
On the above listed interest rates, interest:
-
Is calculated daily and can be paid into any nominated New
Zealand bank account or compounded.
-
Can be paid (monthly, quarterly, six monthly, annually or at maturity) or compounded
(quarterly, six monthly or annually) for terms of 180 days or more (unless otherwise specified)
- Is paid on maturity only for terms less than 180 days.
This information is intended to get you thinking about your investment goals.
It is not intended as investment advice because it does not address individual circumstances.
Before making investment decisions, you should consider your individual circumstances and seek
assistance from other resources, for example financial planning services.
A copy of our Term Deposit Investment Statement is available as a PDF, or you can request one to
be sent to you by calling us on 0800 18 18 18.
A copy of the Bank's
Disclosure Statement
under the Reserve Bank of New Zealand Act 1989 is available on
this website or on request from any National Bank branch, free of charge.