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Term Deposit Rates

[updated]
Yes, term deposit rates are rising and that is a good thing. But are these rises keeping pace with the wider financial world? We investigate
12th May 22, 6:36pm
27
Yes, term deposit rates are rising and that is a good thing. But are these rises keeping pace with the wider financial world? We investigate
ANZ's increased term deposit rates are not as impressive as they may at first seem, but there are other institutions pushing up rates for savers that are worth watching
29th Mar 22, 10:46am
20
ANZ's increased term deposit rates are not as impressive as they may at first seem, but there are other institutions pushing up rates for savers that are worth watching
Term deposit rates are rising in the shadow of mortgage rates and inflation. We look at the broader landscape of these increases and assess where the higher offers are even if they aren't matching CPI
20th Mar 22, 7:00am
69
Term deposit rates are rising in the shadow of mortgage rates and inflation. We look at the broader landscape of these increases and assess where the higher offers are even if they aren't matching CPI
Term deposit rates are moving up, following mortgage rates, and wholesale financial pressures. But there's no evidence the smallness of the recent increases are out of line with how they have always moved
18th Feb 22, 11:34am
14
Term deposit rates are moving up, following mortgage rates, and wholesale financial pressures. But there's no evidence the smallness of the recent increases are out of line with how they have always moved
Kiwibank the latest to raise some key term deposit rate rates, following rivals, but it's Rabobank with most of the market-leading positions for savers
8th Feb 22, 10:30am
15
Kiwibank the latest to raise some key term deposit rate rates, following rivals, but it's Rabobank with most of the market-leading positions for savers
Surprisingly, the first retail interest rate rise in 2022 is for savers. BNZ takes its offers to the top of what all banks are prepared to pay, even if it is much lower than inflation's bite
21st Jan 22, 9:08am
48
Surprisingly, the first retail interest rate rise in 2022 is for savers. BNZ takes its offers to the top of what all banks are prepared to pay, even if it is much lower than inflation's bite
Kiwi savers may grumble about how much lower than inflation after tax returns are here for term deposits, but in Australia it remains dire for their savers
12th Jan 22, 10:00am
31
Kiwi savers may grumble about how much lower than inflation after tax returns are here for term deposits, but in Australia it remains dire for their savers
Interest rates are on the move higher so we review what that means for term deposit savers. One bank is the consistent high offeror, but all banks are now eyeing new marketing efforts to attract funds from retail savers
11th Jan 22, 9:46am
25
Interest rates are on the move higher so we review what that means for term deposit savers. One bank is the consistent high offeror, but all banks are now eyeing new marketing efforts to attract funds from retail savers
ANZ offers 3% pa for a three year term deposit term, the first time in this cycle a 3% offer for three years has appeared. But banks are raising term deposit rates slower than mortgage rates, and the difference is the widest on record
23rd Nov 21, 10:11am
23
ANZ offers 3% pa for a three year term deposit term, the first time in this cycle a 3% offer for three years has appeared. But banks are raising term deposit rates slower than mortgage rates, and the difference is the widest on record
BNZ raises its term deposit offers sharply, and is now the market-leading main bank, even offering a 3% rate for a five year term. These sharp moves might have an outsized impact on challenger banks
27th Oct 21, 10:31am
44
BNZ raises its term deposit offers sharply, and is now the market-leading main bank, even offering a 3% rate for a five year term. These sharp moves might have an outsized impact on challenger banks
ANZ's term deposit rate increases are probably just for show because the resulting rate offers are far below inflation, and still meaningless to most savers, especially in a rising rate market
21st Oct 21, 10:22am
6
ANZ's term deposit rate increases are probably just for show because the resulting rate offers are far below inflation, and still meaningless to most savers, especially in a rising rate market
A kick higher in ANZ's raised term deposit offers may just be the start of rising rates for savers even if they are starting from an under-water position, below inflation
17th Aug 21, 12:14pm
9
A kick higher in ANZ's raised term deposit offers may just be the start of rising rates for savers even if they are starting from an under-water position, below inflation
New Zealand's largest bank comes through with some modest term deposit rises, essentially matching those its rivals have already adopted. Just ignore the inflation comparison (and tax) to remain sane
20th Jul 21, 5:50pm
20
New Zealand's largest bank comes through with some modest term deposit rises, essentially matching those its rivals have already adopted. Just ignore the inflation comparison (and tax) to remain sane
Term deposit rates are moving up, but not to levels for fixed terms that will attract many savers. However the lowest point may have past
14th Jul 21, 11:01am
13
Term deposit rates are moving up, but not to levels for fixed terms that will attract many savers. However the lowest point may have past
Some banks are improving their term deposit rate offers slightly, but savers are yet to be impressed enough to hold more of their growing cash funds with term commitments; BNZ now joins the up trend
27th Apr 21, 1:56pm
26
Some banks are improving their term deposit rate offers slightly, but savers are yet to be impressed enough to hold more of their growing cash funds with term commitments; BNZ now joins the up trend
SBS Bank raises its 2 and 3 year term deposit rates sharply. Have we reached the bottom for term deposit rates now that benchmark yields are on the way up again?
21st Mar 21, 9:17am
32
SBS Bank raises its 2 and 3 year term deposit rates sharply. Have we reached the bottom for term deposit rates now that benchmark yields are on the way up again?
ASB lifts range of term deposit rates with five-year rate increasing 75 basis points to 1.75%
1st Mar 21, 8:00am
21
ASB lifts range of term deposit rates with five-year rate increasing 75 basis points to 1.75%
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
12th Nov 20, 7:30am
by Jenée Tibshraeny
25
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
ANZ takes term deposit rate offers down to levels never seen before, with no offers above 1%. Is this the death knell for term deposits?
27th Oct 20, 6:55pm
63
ANZ takes term deposit rate offers down to levels never seen before, with no offers above 1%. Is this the death knell for term deposits?
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
9th Jul 20, 3:03pm
13
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
ANZ cuts all its 'special' home loan rates, with two of them down to market-leading levels and probably sparking a renewed round of rate slicing. It is also cutting almost all its term deposit rates
7th Jul 20, 5:43pm
51
ANZ cuts all its 'special' home loan rates, with two of them down to market-leading levels and probably sparking a renewed round of rate slicing. It is also cutting almost all its term deposit rates
More banks are still making small home loan rate cuts but none are market-leading as rate offers coalesce around a very tight range
23rd Jun 20, 3:15pm
11
More banks are still making small home loan rate cuts but none are market-leading as rate offers coalesce around a very tight range
ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
19th Jun 20, 9:59am
51
ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
New Zealand's largest home loan lender has adjusted its rate card lower. But none of the new lower levels are market-leading
11th Jun 20, 10:03am
1
New Zealand's largest home loan lender has adjusted its rate card lower. But none of the new lower levels are market-leading
Bank of China launches a new all-time low home loan rate just as wholesale markets try and turn up after reaching their own record lows
5th Jun 20, 11:12am
17
Bank of China launches a new all-time low home loan rate just as wholesale markets try and turn up after reaching their own record lows