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Latest Deposit Rate News

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Shareholders chip in

Monday 10 April 2017

Kiwibank has had to go to its new shareholders for more money. Just six months after its partial sale, the bank has had to tap NZ Post, the NZ Super Fund and ACC for another $247 million of common equity, effective today. It follows concerns from the Reserve Bank that the bank’s capital notes did not comply with its capital adequacy roles. “Shareholders will fund proportionate to their 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 »

BNZ offers 4% term deposit rate

Monday 21 November 2016

BNZ has introduced a two-year deposit rate special of 4%. 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.

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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

AMP pulls back from bonds

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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
BNZ 0.10 0.10 0.10
Heartland Bank 2.25 2.59 2.70
Heartland Bank 2.25 2.59 2.70
Kiwibank 0.75 0.77 0.88
Kiwibank 1.75 1.81 1.89
Kiwibank 0.75 0.77 0.88
Kiwibank 1.75 1.81 1.89
Nelson Building Society 3.75 3.90 4.08
Nelson Building Society 3.75 3.90 4.08
RaboDirect 1.00 1.02 1.07
RaboDirect 1.00 1.02 1.07
SBS Bank 1.80 1.86 1.94
SBS Bank 1.80 1.86 1.94
TSB Bank 1.60 1.64 1.71
TSB Bank 1.60 1.64 1.71
Westpac 0.35 0.36 0.38
Westpac 0.05 0.05 0.05
Westpac 2.60 2.67 2.79
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
Based on a $50,000 deposit    More Rates »
Today's Top 5 Deposit Rates
InstitutionRateProduct
NZCU Auckland 3.25 Success Saver
NZCU Auckland 3.25 Success Saver
Heartland Bank 3.00 Heartland Direct Call
Heartland Bank 3.00 Heartland Direct Call
Heartland Bank 2.75 Heartland Business Call
Based on a $50,000 deposit    More Rates »
Latest Trends
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