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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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FMT ticks over $500m in investments

Thursday 4 May 2017

While banks clamp down on lending and restrictions tighten for investors, one non-bank lender has more money to offer than ever. Property finance and investment provider First Mortgage Trust has seen its investment book climb to more than $500 million. It passed the milestone on Monday of this week. That is up from just under $350m in the year ended March 31, 2016. Financial controller More »

Shareholders chip in

Monday 10 April 2017

Kiwibank has had to go to its new shareholders for more money. More »

UDC gets downgraded on sale news

Thursday 12 January 2017

UDC has had its credit rating down-graded following ANZ's announcement it plans to sell the business to a private Chinese conglomerate, and questions are raised about the future of the finance company. More »

ANZ sells UDC Finance

Wednesday 11 January 2017

ANZ Bank New Zealand  has agreed to sell its asset finance business, UDC Finance, for $660 million to HNA Group. More »

MORE NEWS »

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More News

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

GFNZ returns to profit

Warehouse plans bonds offer

FMA warns on bank notes

Notes offer confirmed

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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