NZ Dollar Term Deposit
Make your business’ money work harder with a competitive fixed return
- Competitive rates to maximise returns on your business’ surplus cash
- A choice of terms to suit your business needs and its future NZ dollar financial commitments
- The reassurance of a fixed return from an AA rated bank
More detail
Term Deposit1 – the easy way to lock in a great return
Our NZ dollar denominated Term Deposits can help you earn great returns if you can lock your money away for a set term. So if your business has surplus cash of more than $2000, a NZ dollar Term Deposit could be a smart way to make that money work harder until you need it.
Tell us how long your business needs to invest for and how much you have to deposit. We do the rest.
| Minimum deposit: | $2,000 |
| Maximum deposit: | $1 million |
| Terms: | 7 days to five years |
| Available interest payments: | Generally paid at maturity, although longer terms may let you select other interest payment options |
Rates and fees
- No establishment or management fees
- A full range of term investment rates
- Negotiated rates may be available for larger deposits
- You may apply to access your deposit before the end of your maturity date, however a reduced interest rate will be paid on your funds2.
Not ready to invest right now?
Not ready to invest right now? If your Term Deposit is about to mature with another bank leave your details with us. We’ll call you back and discuss how you could be better off with a BNZ Term Deposit.
