General Finance raises rates

General Finance has increased its deposit rates by 50 basis points, taking its headline rate to 5.75% over three years.

Friday, 14 October 2016

Interest is paid quarterly and a compounding option is available. For deposits of $10,000 or more, clients can opt to have their interest paid monthly.

It offers 5.5% over two years.

General Finance is a licensed non-bank deposit taker, specialising in short term advances, secured over residential property. It does not have a credit rating.

Comments from our readers

No comments yet

Sign In to add your comment

Printable version

Email to a friend

Newsletter Signup

Weekly Updates including news and commentary

Today's Best Bank Rates

Rabobank	5.25
Based on a $50,000 deposit More Rates »

Today's Top 5 Deposit Rates

Institution	Rate	Product
Rabobank	5.25	Rabobank PremiumSaver - max rate
Squirrel	5.00	On-Call accounts
Co-operative Bank	4.75	Step Saver - current bonus and standard rate
Heartland Bank	4.60	Heartland Direct Call
Heartland Bank	4.60	Heartland Business Call
Based on a $50,000 deposit More Rates »

Find a Rate

Cash PIE Rates

Institution	Rate	30%	33%
ANZ	2.75	-	-
ASB Bank	2.90	-	-
ASB Bank	2.90	-	-
ASB Bank	2.90	-	-
ASB Bank	2.90	-	-
ASB Bank	2.90	-	-
BNZ	-	-	-
Heartland Bank	4.60	-	-
Kiwibank	-	-	-
Kiwibank	4.50	-	-
Nelson Building Society	-	-	-
SBS Bank	-	-	-
TSB Bank	3.35	3.35	3.63
Westpac	4.50	-	-
Westpac	1.00	-	-
Westpac	3.50	-	-

Previous News

3 July 2017
Finance boost for UDC buyer

21 June 2017
UDC vote approves trust deed change

6 June 2017
UDC: On track for sale

4 May 2017
FMT ticks over $500m in investments

10 April 2017
Shareholders chip in

MORE NEWS »

Latest Trends

Coming Soon
MORE »

Disclaimer - Every possible effort has been made to keep the information in the tables and on this site as accurate as possible, however, neither the publisher, Tarawera Publishing, nor anyone engaged to compile the rates and this site accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details with providers. The full terms and conditions of this site can be found here.