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deposit rates

Latest Deposit Rate News

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BNZ offers 4% term deposit rate

Monday 21 November 2016

BNZ has introduced a two-year deposit rate special of 4%. Acting director of retail and marketing David Bullock said it was the first time in more than a year that a two-year term deposit rate from a major bank had been available at that level. More »

How FEI Investments reinvented itself

Saturday 12 November 2016

A low interest rate environment is driving interest in finance company investments as the expense of bank deposits, one New Zealand operator says. More »

Good news for Liberty

Thursday 10 November 2016

Non-bank deposit taker Liberty Financial has had its credit rating raised by Standard & Poors. More »

ASB issues notes

Monday 7 November 2016

As part of its efforts to raise tier two capital in line with capital requirements, ASB is offering $250 million in subordinated unsecured convertible notes. More »

MORE NEWS »

Special Offers

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

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

AMP pulls back from bonds

Kiwibank considering perpetual capital notes offer

Lack of corporate bonds causing concern

Global bond yields collapse

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Weekly Updates including news and commentary

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
Heartland Bank 2.50 2.59 2.70
Nelson Building Society 3.75 3.90 4.08
RaboDirect 1.50 1.55 1.62
SBS Bank 1.80 1.86 1.94
TSB Bank 1.75 - 1.89
Westpac 0.35 0.36 0.38
Westpac 0.05 0.05 0.05
Westpac 2.60 2.67 2.79

More »

Today's Best Bank Rates
Heartland Bank 3.00
Heartland Bank 3.00
RaboDirect 3.00
Based on a $50,000 deposit    More Rates »
Today's Top 5 Deposit Rates
InstitutionRateProduct
NZCU Auckland 3.25 Success Saver
Heartland Bank 3.00 Heartland Direct Call
Heartland Bank 3.00 Heartland Business Call
RaboDirect 3.00 RaboDirect PremiumSaver - max rate
Co-operative Bank 2.65 Step Saver - potential rate
Based on a $50,000 deposit    More Rates »
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