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deposit rates

Latest Deposit Rate News


Strong demand expected for LG tender

Wednesday 2 April 2014

Offshore participation in local government funding agency bonds is increasing, Westpac says. The bank’s economists have issued a forecast for today’s tender, which they say they expect to be successful, reflecting secondary market performance since the last tender in February, increasing offshore participation and global appetite for credit products. There will be $10m in 2019 bonds, More »

Strong demand expected for LG tender

Wednesday 2 April 2014

Offshore participation in local government funding agency bonds is increasing, Westpac says. More »

More bank offers coming

Friday 28 March 2014

Investors can expect to see more banks offer subordinated unsecured debt securities this year, one adviser says, despite a Financial Markets Authority warning that they’re a complex instrument that might not be suitable for many investors. More »

Five Star investors angry

Thursday 22 August 2013

Five Star Finance investors are angry that Serious Fraud Office charges against group founder Neill Williams were dropped as a trade-off for pleading guilty to two charges. More »


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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

Shareholders to vote on note conversion

General Finance reports growth

LDC investors get full refund

Speirs re-enters finance market

Strategic investors still likely to get 20%

F&P profit up 20%

S&P hedges its bets on GFNZ's rating

Six-year moratorium about to end for Geneva

UDC lifts half-year profit

No good news for St Laurence investors

Lender given another serve

Geneva announces early payment

Dorchester announces structure simplification, dividends

New Zealand's lack of deposit insurance unusual

Non-bank lenders under review

Allied Farmers may be liquidated

NZF payment freeze to continue

IRD demand adds to Allied’s woes

BNZ calls in $450m of notes

Giant ANZ bond issue to reset

Strategic breaches likely: FMA

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Weekly Updates including news and commentary

Cash PIE Rates
Institution Rate 30% 33%
ANZ 2.60 2.67 2.79
ASB Bank 3.15 3.29 3.44
BNZ 3.30 3.44 3.60
Direct Broking Call Account 2.80 2.92 3.05
Heartland Bank 4.00 4.28 4.48
Kiwibank 2.40 2.50 2.61
Kiwibank 3.15 3.29 3.44
Nelson Building Society 3.75 3.90 4.08
RaboDirect 3.30 3.44 3.60
SBS Bank 3.00 3.11 3.28
TSB Bank 3.50 3.63 3.80
Westpac 3.00 3.12 3.26
Westpac 0.10 0.10 0.11
Westpac 4.00 4.18 4.37

More »

Today's Best Bank Rates
RaboDirect 4.00
Westpac 4.00
Based on a $50,000 deposit    More Rates »
Today's Top 5 Deposit Rates
PGG Wrightson Finance 4.10 Savings Optimiser
Credit Union Auckland 4.00 Success Saver
First Credit Union 4.00 Online Savings
RaboDirect 4.00 RaboDirect PremiumSaver - potential rate
Westpac 4.00 Online Bonus Saver - Potential Rate
Based on a $50,000 deposit    More Rates »
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