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Special Rate 6 month New Zealand dollar Term Deposit 3.80 Min deposit NZD 100,000 Max deposit NZD 499,999 *Rate subject to change

Special Rate 12 month New Zealand dollar Term Deposit 4.00 Min deposit NZD 100,000 Max deposit NZD 499,999 *Rate subject to change

Competitive rates for other investment levels

You might call them Fixed Deposits, Term Deposits or even Time Deposits, but with our wide selection of terms and investment levels it will be easy to find a great New Zealand dollar Foreign Currency investment opportunity.

See our full range of New Zealand dollar Term Deposits.

Important Information

Rates are only valid for new funds invested with Bank of New Zealand. Interest is paid on maturity. If you withdraw a foreign currency term deposit before maturity, the Bank is entitled to deduct early withdrawal charges and fees from your deposit amount.

If you place a New Zealand dollar deposit using a currency other than New Zealand dollars (e.g. Singapore dollars), this currency conversion will be at an exchange rate prescribed by Bank of New Zealand.

Deposits in foreign currencies will expose you to exchange rate fluctuations. Your earnings in local currency terms will depend on the exchange rate that prevails at the maturity of the deposit. Adverse exchange rate movements could erase interest earnings completely and may also result in losses to the principal amount (in local currency terms).