Breaking news: NZ dollar hits a ten year low vs the US Dollar, now at 62.48 USc. More soon.
Banks
| Issuer | Account name | Minimum deposit | Interest compounds | Fees | Advertised Rate % p.a. | Equivalent gross return for a 30% taxpayer | Equivalent gross return for a 33% taxpayer |
|---|---|---|---|---|---|---|---|
| ANZ | Call Fund | $500 | Q | $0 | 0.05 | 0.05 | 0.05 |
| ASB | Cash Fund $1 | $1 | M | $0 | 0.10 | 0.10 | 0.10 |
| Cash Fund $10,000 | $10,000 | M | $0 | 0.10 | 0.10 | 0.10 | |
| Cash Fund $25,000 | $25,000 | M | $0 | 0.10 | 0.10 | 0.10 | |
| Cash Fund $50,000 | $50,000 | M | $0 | 0.15 | 0.15 | 0.21 | |
| Cash Fund $100,000 | $100,000 | M | $0 | 0.20 | 0.20 | 0.21 | |
| BNZ | Cash PIE | $1,000 | M | 0% | 0.10 | 0.10 | 0.10 |
| Heartland Bank | Call PIE | $1,000 | M | $0 | 1.00 | 1.02 | 1.07 |
| Kiwibank | On-line Call - base | $2,000 | M | $0 | 0.30 | 0.30 | 0.32 |
| On-line Call - potential rate | $2,000 | M | $0 | 1.20 | 1.23 | 1.28 | |
| TSB Bank | Cash Fund | $5,000 | Q | $0 | 0.90 | 0.92 | 0.96 |
| Westpac | Online Bonus Saver PIE (base) | $500 | M | $0 | 0.05 | 0.05 | 0.05 |
| Online Bonus Saver PIE (potential rate) | $500 | M | $0 | 1.40 | 1.44 | 1.50 |