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Kiwibank offers 100 day term deposit at 4.75%

Posted in News May 26, 2009 - 08:57am, 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.

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