Children's accounts
| 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 »
Banks
| Institution | Credit Rating | Account type | Minimum deposit $ | Interest rate % |
|---|---|---|---|---|
| ANZ | AA- | Online Account | $1 | 0.05 |
| ASB | AA- | Headstart | $1 | 0.25 |
| BNZ | AA- | Personal OnCall | $1 | 0.05 |
| Co-operative Bank | BBB | Dollars and Sense | $1 | 2.50 |
| BBB | Dollars and Sense | $4,000 | 0.25 | |
| Heartland Bank | BBB | Transactional | $1 | 1.00 |
| Kiwibank | A | First Saver | $1 | 0.70 |
 | A | RaboSaver | $1 | 0.50 |
| A | RaboSaver | $5,000,000 | 0.30 | |
| TSB Bank | A- | Youth | $1 | 0.40 |
| Westpac | AA- | Junior Account - simple saver | $1 | 0.05 |
Building Societies
| Institution | Credit Rating | Account type | Minimum deposit $ | Interest rate % |
|---|---|---|---|---|
| Nelson | BB+ | Youth | $1 | 0.50 |
Credit Unions
| Institution | Credit Rating | Account type | Minimum deposit $ | Interest rate % |
|---|---|---|---|---|
| NZCU Baywide | BB | Jimmy J | $1 | 1.00 |
| NZCU Employees | Kids Club | $1 | 2.00 | |
| NZCU South | BB | Junior Saver - Jimmy J | $1 | 2.50 |
| Police CU | BBB | Christmas Club (Membership criteria apply) | $1 | 0.25 |