Bonus savings accounts

Featured rate

Featured rate

We have updated our coverage of Saving accounts, separating them out by type. Unique pages now exist for the following savings account types:
- Bonus savings accounts	- Business savings accounts	- Children's accounts
- Online savings accounts	- Standard savings accounts

Printer-friendly version of this page for term deposits from 1 to 9 months, see here »

Make sense of all these rates by using our Savings Calculator »

* = These products may require a regular monthly deposit. Other conditional may also apply. Refer to institution directly.

Banks

Institution	Credit Rating	Account type	Minimum deposit $	Interest rate %
ANZ	AA-	Serious Saver - base rate	$1	0.40
	AA-	Serious Saver - bonus rate	$1	1.25
	AA-	Serious Saver - potential rate	$1	1.65
ASB	AA-	Savings Plus Monthly - base rate	$1	0.05
	AA-	Savings Plus Monthly - bonus	$1	1.90
	AA-	Savings Plus Monthly - potential rate	$1	1.95
Co-operative Bank	BBB+	Step Saver - base	$1	0.65
	BBB+	Step Saver - bonus rate	$1	1.55
	BBB+	Step Saver - base and bonus rate	$1	2.20
	A	PremiumSaver - base	$1	0.70
	A	PremiumSaver - bonus	$1	1.75
	A	PremiumSaver - potential rate - to $100,000	$1	2.45
Westpac	AA-	Westpac Bonus Saver - base rate	$1	0.25
	AA-	Westpac Bonus Saver - bonus rate	$1	1.25
	AA-	Westpac Bonus Saver - potential rate	$1	1.50

Non-bank Deposit Takers

Licensed by the RBNZ, to be covered by the Depositor Compensation Scheme. More here.

Institution	Credit Rating	Account type	Minimum deposit $	Interest rate %
Police CU	BB+	Bonus Saver - base	$20	0.25
	BB+	Bonus Saver - bonus*	$20	1.80
	BB+	Bonus Saver - potential interest	$20	2.05
	BB+	Future Saver - base	$20	0.25
	BB+	Future Saver - bonus	$20	1.90
	BB+	Future Saver - potential interest	$20	2.05