Bank Deposit/ Interest Rates

Bank Deposit Rates

ProviderMin. Deposit1 Year2 Year3 Year4 Year5 Year
ANZ $10,000  M 2.85 2.95 3.00 3.05 3.10
ASB $10,000  M 2.75 2.70 2.70 2.70 2.70
BNZ $2,000    M 2.80 2.90 2.95 3.00 3.00
Heartland $1,000    Q 3.05 3.15 3.20 3.25 3.30
Kiwi Bank $10,000  M 3.00 3.00 3.05 3.10 3.15
Rabobank $1,000    M 2.91 2.96 2.96 2.96 2.96
SBS $1,000    Z 3.00 3.00 3.00 3.00 3.00
TSB $10,000   S 2.85 2.95 3.00 3.00 3.00
Westpac $5,000   m 2.75 2.75 2.75 2.75 2.75

Last updated: August 15th 2019

 M Monthly
 Q Quarterly
 Z At Maturity
 S Semi-Annually

Bank Interest Rates (Special Rates < 80% LVR)

ProviderVariable1 Year2 Year3 Year4 Year5 Year
ANZ 5.19 4.19(3.69) 4.25(3.75) 4.49(3.99) 4.75 4.85
ASB 5.20 4.25(3.75) 4.19(3.69) 4.39(3.89) 4.69(4.19) 4.69(4.29)
BNZ 5.30 4.45(3.69) 4.35 (3.75) 4.55(3.99) 4.95(4.35) 5.15(4.45)
           
Kiwi Bank 5.15 4.54(3.79) 4.54(3.79) 4.74(3.99) 5.04(4.29) 5.14(4.39)
SBS 5.29 4.85 (3.78) 5.05(3.78) 5.49(3.99) 5.89(4.49) 6.09(4.49)
TSB 6.09 4.65 (3.85) 4.59(3.79) 4.85(4.05) 5.25(4.45) 5.35(4.55)
Westpac 5.34 4.69 (3.69) 4.79(3.75) 5.19(3.99) 5.29(4.35) 5.49(4.45)

Last updated: August 15th 2019

NB: This information is intended as a guide only. Please talk to your financial advisor before you make any financial decisions.