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deposit rates
Today's Best Bank Rates
Heartland Bank 2.75
Based on a $50,000 deposit    More Rates »
Today's Top 5 Deposit Rates
InstitutionRateProduct
NZCU Auckland 3.25 Success Saver
Heartland Bank 2.75 Heartland Direct Call
Westpac 2.60 Online Bonus Saver - Potential Rate
Westpac 2.55 Online Bonus Saver - bonus rate
Heartland Bank 2.50 Heartland Business Call
Based on a $50,000 deposit    More Rates »
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Weekly Updates including news and commentary

Latest Deposit Rate News

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Finance boost for UDC buyer

Monday 3 July 2017

TIP Trailer Services, a subsidiary of HNA Group leading the purchase of UDC from ANZ, has secured new financing arrangements to a total of $2.7 billion for UDC which will be effective when the sale is complete. The lenders include UDC’s current owner, ANZ, as well as Commonwealth Bank of Australia, Westpac, Deutsche Bank AG, a fund managed by Credit Suisse Asset Management, and the NZ More »

UDC vote approves trust deed change

Wednesday 21 June 2017

UDC Finance debenture holders have voted to pass a special resolution to change the company's trust deed, clearing the way for sale. More »

NZCU Baywide offering high interest and flexible term deposit options

Tuesday 20 June 2017

The new term deposit is believed to have one of the best combinations of high interest and flexibility from any rated New Zealand credit union or bank. More »

UDC: On track for sale

Tuesday 6 June 2017

UDC Finance says its half-year profit of $30.2 million positions it well for new ownership. More »

MORE NEWS »

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Institution Rate Term More Minimum Action

Please note: Institutions pay to have their interest rates listed on this page. These offers are usually for a limited time. Please check with the institution direct to confirm details.

More News

FMT ticks over $500m in investments

Shareholders chip in

UDC gets downgraded on sale news

ANZ sells UDC Finance

BNZ offers 4% term deposit rate

How FEI Investments reinvented itself

Good news for Liberty

ASB issues notes

Z issues bonds

General Finance raises rates

Term deposits offered via Consilium platform

Former finance firm completes full circle

Wellington Airport issues bonds

Chorus offers bonds with minimum 4.1% rate

ANZ issues bonds

Genesis bonds

Banks cut cash PIEs to half OCR

Banks cut cash PIEs to half OCR

Turners looks to boost MTF stake

Sky City issues bonds

General Finance experiencing good growth

Cash PIE Rates
Institution Rate 30% 33%
ANZ 0.10 0.10 0.11
ASB Bank 0.40 0.41 0.42
ASB Bank 0.55 0.59 0.56
ASB Bank 0.60 0.61 0.64
ASB Bank 0.65 0.66 0.69
ASB Bank 0.70 0.72 0.75
BNZ 0.10 0.10 0.10
Heartland Bank 2.25 2.59 2.70
Kiwibank 0.75 0.77 0.88
Kiwibank 1.75 1.81 1.89
Nelson Building Society 3.75 3.90 4.08
RaboDirect 1.00 1.02 1.07
SBS Bank 1.80 1.86 1.94
TSB Bank 1.60 1.64 1.71
Westpac 0.35 0.36 0.38
Westpac 0.10 0.10 0.11
Westpac 2.10 2.16 2.26

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