| A competitive rate of return for fixed term
deposits
BNZ Term Deposits are ideal for investors with surplus
funds who wish to lock-in their money for a fixed period of time
at a known rate of return.
Features
- Competitive interest is calculated daily and can be
paid out or compounded to the existing investment
- Interest payment options include quarterly, 6
monthly, annually or at maturity depending on the term and type of investment
chosen
- Different interest rates apply according to the amount
of your deposit and the term you invest for
- Terms range from 30 days to 5 years
- No establishment or management fees
- A maturity advice will be sent out approximately two
weeks prior to the date of the investment's maturity
Hot Tips
- Plan your maturity dates to coincide with future requirements
or expenditures
- Apply interest payments to meet known income and/or
expense needs
- If you know that you will not need access to your surplus
funds for a defined period, a term investment may give you a better
return than your normal savings account
- Set your interest payments to be made quarterly and
maximise the compounding effect of interest payments
Explore the Detail
To find out more about Term Deposits, you can view or print a copy
of our Term
Investment Factsheet (PDF 63KB).
A current Investment
Statement for Term Investments can also be viewed or printed.
Apply Now
To apply for a Term Deposit call us on 0800 ASK BNZ (0800
275 269), email us,
or visit any one of our nationwide
stores.
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