Grow your savings and reach your goals
Terms that suit you
Choose a term that matches the amount of time you have to invest, from 30 days to 5 years. The minimum deposit for most terms is $2000 to $5000^.
Fixed interest rate
Once you’ve locked in your term, your interest rate won’t change for the length of your investment.
Options at maturity
When your term deposit ends, you can reinvest in a new term deposit, or have your term deposit and interest earned paid into your bank account.
Tax-smart investment alternatives
A fixed-term investment that works like a term deposit. You get the certainty of a fixed rate, with the added benefit of potentially paying less tax.
An investment that works like an on-call account, so you can withdraw your money at any time, but with the benefit of potentially paying less tax.
Term Deposits rates are available only for the first $5,000,000 of total deposits you hold with BNZ.
Deposits between $2,000 to $4,999 are not available online. Please visit a store or call 0800 275 269 to apply.
BNZ Cash PIE and BNZ Term PIE are offered and managed by BNZ Investment Services Limited, a wholly owned subsidiary of Bank of New Zealand (BNZ). BNZ Cash PIE and BNZ Term PIE Terms and Conditions apply. An investment in BNZ Cash PIE or BNZ Term PIE does not represent a deposit or other liability of BNZ or any other member of the National Australia Bank Limited group, and is subject to investment risk, including possible delays in repayment and loss of income and principal invested. None of BNZ, any other member of the National Australia Bank Limited group, or any other person guarantees (either partially or fully) the capital value or performance of the investment.