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Kiwibank offers 100 day term deposit at 4.75%

Posted in News May 26, 2009 - 09:57am, Alex Tarrant

Kiwibank is offering 4.75% for a 100 day term deposit until the end of the week. The rate is for deposits over NZ$10,000. Of the other major banks, those currently currently offering specific 100 day term deposits are Westpac, with 4.00% and National Bank with 3.50%. SBS is currently offering a 90 day rate at 4.60%.

Kiwibank has launched the rate in a special "TD Tuesday" marketing campaign.

See term deposit rates for terms less than a year here, and terms one year and greater here.

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

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