Term Deposit Rates
NZ's largest bank raises some term deposit rates at the same time it raises a number of home loan rates. Only their 18 month term deposit rate is market-leading however
8th May 17, 8:53pm
NZ's largest bank raises some term deposit rates at the same time it raises a number of home loan rates. Only their 18 month term deposit rate is market-leading however
A $1 bln co-operative financial sector, flying under the radar and growing strongly, offers some high returns for savers
23rd Apr 17, 2:22pm
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A $1 bln co-operative financial sector, flying under the radar and growing strongly, offers some high returns for savers
TSB Bank offers savers 4% for two years with a new 'special', as rising deposit rates keep coming even though wholesale interest rates are not moving
9th Mar 17, 9:32am
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TSB Bank offers savers 4% for two years with a new 'special', as rising deposit rates keep coming even though wholesale interest rates are not moving
Term deposit rates start rising for savers and the prospect of 4% offers inch closer. One major bank offers that for a 3 year term, NBDTs offer that for a one year term
2nd Mar 17, 12:14pm
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Term deposit rates start rising for savers and the prospect of 4% offers inch closer. One major bank offers that for a 3 year term, NBDTs offer that for a one year term
Kiwibank catches up to recent term deposit rate moves by rivals, but its unchanged six month 3.75% rate is still the market leader for this term
7th Feb 17, 12:04pm
Kiwibank catches up to recent term deposit rate moves by rivals, but its unchanged six month 3.75% rate is still the market leader for this term
Term deposit savers are being offered higher rates but the rises are more modest overall than what borrowers face. However there are standout offers from selected institutions across all terms
28th Jan 17, 11:02am
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Term deposit savers are being offered higher rates but the rises are more modest overall than what borrowers face. However there are standout offers from selected institutions across all terms
ANZ changes rates for investors, decreasing some, and raising others but by a much smaller change than for borrowers. However ANZ remains remains very competitive compared with its main rivals
19th Jan 17, 10:24am
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ANZ changes rates for investors, decreasing some, and raising others but by a much smaller change than for borrowers. However ANZ remains remains very competitive compared with its main rivals
RBNZ given free pass to chill, as retail banks expected to continue to raise mortgage and deposit rates to close funding gap
16th Jan 17, 4:18pm
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RBNZ given free pass to chill, as retail banks expected to continue to raise mortgage and deposit rates to close funding gap
We put an age old mantra to the test to find out whether institutions with similar credit ratings offer similar term deposit rates
12th Jan 17, 3:35pm
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We put an age old mantra to the test to find out whether institutions with similar credit ratings offer similar term deposit rates
We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
8th Jan 17, 8:08am
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We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
If you ended up with lower term deposit rates at the end of 2016 than at the start, you missed out on the upturn in the 4th quarter. Will it continue?
3rd Jan 17, 9:11am
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If you ended up with lower term deposit rates at the end of 2016 than at the start, you missed out on the upturn in the 4th quarter. Will it continue?
ANZ and TSB Bank launch higher selected term deposit rates, while one of them cuts its savings account rates by -25 bps to very low levels
1st Dec 16, 9:20am
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ANZ and TSB Bank launch higher selected term deposit rates, while one of them cuts its savings account rates by -25 bps to very low levels
Savers tempted with higher rates across the board by a smaller retail bank. Another term gets a 4% offer, this SBS Bank one at 3 years
30th Nov 16, 5:35pm
Savers tempted with higher rates across the board by a smaller retail bank. Another term gets a 4% offer, this SBS Bank one at 3 years
Both Kiwibank and Westpac raise some rates for savers, with one focusing on a hot six month offer, the other on a two year offer
28th Nov 16, 10:08am
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Both Kiwibank and Westpac raise some rates for savers, with one focusing on a hot six month offer, the other on a two year offer
ASB pushes its longer term deposit rates above 4% and raises many offers by more than 40 bps. BNZ adds another 10 bps to its longer term deposit rates
25th Nov 16, 11:17am
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ASB pushes its longer term deposit rates above 4% and raises many offers by more than 40 bps. BNZ adds another 10 bps to its longer term deposit rates
Term deposit rate offers are tweaked higher by ANZ for terms of 18 months and longer following wholesale benchmarks that are moving higher at the long end
24th Nov 16, 10:10am
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Term deposit rate offers are tweaked higher by ANZ for terms of 18 months and longer following wholesale benchmarks that are moving higher at the long end
Banks pull back their headline term deposit offers to shorter terms. Savers scramble over minor differences. Some PIE funds give a little bit extra
27th Sep 16, 3:14pm
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Banks pull back their headline term deposit offers to shorter terms. Savers scramble over minor differences. Some PIE funds give a little bit extra
RBNZ cuts OCR by 25 bps to 2.0% and forecasts just one more cut; NZ$ sprints over 73 USc after markets had forecast chance of 50 bps cut
11th Aug 16, 9:12am
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RBNZ cuts OCR by 25 bps to 2.0% and forecasts just one more cut; NZ$ sprints over 73 USc after markets had forecast chance of 50 bps cut
NZ banks' net interest margins coming under some pressure but not falling as far as funding costs
28th Jul 16, 10:26am
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NZ banks' net interest margins coming under some pressure but not falling as far as funding costs
Markets bid down wholesale interest rate swaps along with the NZD following RBNZ decision
29th Jan 15, 12:05pm
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Markets bid down wholesale interest rate swaps along with the NZD following RBNZ decision
Rate tweaks by NZ's largest bank involve raising five short-term deposit rates but none of these changes are market leading
19th May 14, 10:18am
Rate tweaks by NZ's largest bank involve raising five short-term deposit rates but none of these changes are market leading
SBS Bank raises its 6, 9 and 18 month rates; UDC raises rates too for terms up to one year
13th May 14, 4:17pm
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SBS Bank raises its 6, 9 and 18 month rates; UDC raises rates too for terms up to one year
Increases are for terms of one year and less for this second tier bank and come as funding markets are under pressure
7th May 14, 5:27pm
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Increases are for terms of one year and less for this second tier bank and come as funding markets are under pressure
BNZ follows mortgage rate hike with a range of equivalent term deposit rate rises, setting itself slightly above its main rivals
1st May 14, 8:41am
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BNZ follows mortgage rate hike with a range of equivalent term deposit rate rises, setting itself slightly above its main rivals
State owned bank changes term deposit rates before announcing any mortgage rate changes, following OCR hike
24th Apr 14, 10:50am
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State owned bank changes term deposit rates before announcing any mortgage rate changes, following OCR hike