byui admissions email

term deposit rates new zealand

3.00%. Source: www.rbnz.govt.nz/statistics. No establishment fees no upfront base fee or a monthly administration fee on our term deposits. Build healthy churches with us. We accept all trade ins! for 3 years. Note: Mapped data show rate changes for distinct central banks. 1.95%. Term: 2 years Interest payment: At maturity Minimum deposit: $10,000 How to open: Apply via Kiwibank's website Want to see the pre-tax returns of a term deposit? All NZ citizens and residents pay either Resident Withholding Tax (RWT) or tax at the Prescribed Investor Rate (PIR) on income from savings and investments in New Zealand. Compare Term Deposit rates from over 50 different providers. Minimum deposit $2,000 For deposits of $25,000 or more, interest can be paid monthly For deposits over $50,000 and for longer than 1 year, call us for a quote. This graph compares the changing interest rates of first mortgages for house loans with the interest the banks pay those who invest in a six-month savings bond. Invest your savings and help build healthy churches. This powerful term deposit calculator will calculate what the future value of your term deposit investment will be after your chosen period by taking into account both New Zealand tax on interest earned as well as variable interest rates and varying compounding frequency. See the applicable early withdrawal rate reduction. Interest rates, 19662008. By putting your nest egg away in a term deposit, youll avoid the temptation of spending it before you reach your goal. On this day in January 2010, we inspect ANZ Bank New Zealand Term Deposit Rates. 5.62%. Offer available from 9th June 2022 for a limited time on Term Deposits opened or renewed by Westpac personal customers. A survey conducted for the Financial Markets Authority in 2014 revealed that most respondents thought that New Zealand bank term deposits come with a guarantee. COVID-19 update: From 11:59pm 20 June (NZST) travellers will not need a pre-departure test to enter New Zealand, visit beehive.govt.nz.For information on travelling to, leaving and transiting through New Zealand visit covid19.govt.nz.For information on travelling via sea, visit health.govt.nz.To complete the New Zealand Traveller Declaration visit travellerdeclaration.govt.nz. 2.10%. Whether you have money to invest on term deposit or are looking for the best home loan rate we can help you. ANZ term deposit: Earn 0.1% p.a. Source: Bloomberg reporting. Term PIE is a fixed-term investment that works like a term deposit, with the potential to pay less tax. Deposit Interest Rate: 2.06. -. The interest rates recorded here are simple averages of new term deposits with a minimum of $10,000, and a maturity greater than 1 day. Rates are subject to change. Visit our breaking a term deposit early page for more details. 3.70% p.a. View our current term deposits and rates. Central bank raises key rate for second time in two months. What happens when the term comes to an end? Compare term deposit rates and fees on PriceMe Money. ICBC Term Deposit Online : $5,000: $9,999: 0.95: 1.60: 1.70: 2.00: 2.60: 3.00: 3.50: ICBC The official interest rate is the Official Cash Rate (OCR). 3.65 % p.a. In comparison, take a look at the 6-month term deposit rates offered by the Big Four: ANZ, CBA, NAB and Westpac. Your deposits will earn interest at a competitive rate, benchmarked to New Zealands largest banks. Minimum Deposit. Standard Term Investment. PremiumSaver Personal.

Prior to the maturity date of your Heartland Term Deposit, Heartland will give you notice to tell you that your investment is about to mature. That means for every dollar we save, we earn a few cents each year in interest. Show me the rates for Invested over Call 1 month 2 months 3 months 5 months 6 months 9 months 12 months 18 months 24 months 36 months 48 months 60 months for 3 months or 3.99% p.a. Mary has $10,000 and plans to deposit into the bank for two years. Suited to customers with deposits between $1,000 and $2,000,000. Most savings accounts offer a Paying tax on investments and savings in NZ. It is known as a term deposit or time deposit in Canada, Australia, New Zealand, fixed deposit in India and the United States, 3.75 % p.a. The interest rates listed here are for deposits up to $5 million. PriceMe Money is an independent comparison service for consumers in New Zealand. A minimum deposit of $5,000 is required to open an ANZ Advance Notice Term Deposit or an ANZ Term Deposit. With all the tips combined, we have increased our interest income by $37.16 over our initial term deposit. However, banks rates traditionally do closely follow the OCR. Term Deposit Credit Rating Minimum Deposit Interest Rate Period; BNZ TermDeposit: AA-$2,000: 0.70%: 1 month: Visit Site: BNZ TermDeposit: AA-$2,000: 1.50%: 3 months: Visit Site: BNZ TermDeposit: AA-$2,000: 1.80%: 4 months: Visit Site: BNZ TermDeposit: AA-$2,000: 2.20%: 5 months: Visit Site: BNZ TermDeposit: AA-$2,000: 2.75%: 6 months: Visit Site: BNZ TermDeposit: Following other lenders from the private and public space, new age private sector lender Bandhan Bank has also revised term or fixed deposit rates from For more information on ASB Term Fund refer to the ASB Cash Fund and ASB Term Fund Terms and Conditions. Compare term deposit rates and fees on PriceMe Money. HSBC Foreign Currency Term Deposit Account offers you the certainty of a fixed rate up to 12 months with the benefit of 9 different currencies. The interest rates shown are for Advance Notice Term Deposit amounts of $5,000 to less than $100,000. Making banking really easy. Conversely this differs to other countries around the world such as China (time deposits), United States (certificate of deposit or CDs), fixed rate bonds in $100,000.

3.21. Negative rates range from 0.1% to 0.8% for selected tiers of central bank deposits. Advertise with NZME. In the past, cash rate changes have fed through to changes in loan and deposit rates. For example, a 25-basis-point drop in the cash rate may result in an annual interest saving of $2,500 on a NZ$1 million loan. ANZ term deposit: Earn 0.1% p.a. will apply to the total PremiumSaver balance for that month. Similarly, these term deposit rates for six months are on average 2.65%. Find out the competitve rates for savings accounts, home loans and more.

Returns from bank deposits. WELLINGTON, July 14 (Reuters) - New Zealand lender ASB said on Wednesday that it was increasing its fixed term mortgage and term deposit rates as the country's economic outlook has improved. ANZ CBA NAB Westpac; 6 month: 0.15%: 0.30%: 0.30%: 0.15%: 1 year: 0.20%: 0.65%: 0.65%: 0.25%: At the end of the term, you can either roll over your money into a new term deposit (which could have a lower interest rate) or you can withdraw some or all of it. For example, 1.50% p.a. These include investment products such as fixed rate of return term deposits, variable rate savings accounts as well as home lending and personal lending products. ICBC Term Deposit Online : $5,000: $9,999-0.95: 1.60: 1.70: 2.00: 2.60: 3.00: 3.50: ICBC But you must give 32 days notice and you can only do it once. Log in. What are the latest and best ANZ Bank New Zealand Term Deposit Rates this January 2010? In comparison, take a look at the 6-month term deposit rates offered by the Big Four: ANZ, CBA, NAB and Westpac. for 3 months or 1.99% p.a. Minimum deposit $10K Conditions apply. Term deposit interest rates change all the time. Maximum $5,000,000. Maximum Deposit. For example, if you deposit $5,000 for 12 months at a 2.5 per cent term deposit rate, that 2.5 per cent term deposit rate will be fixed for the entire 12 months and wont change until the term matures. Interest rates for fixed deposits maturing in 7-14 days and 14-29 days are 2.75% for the general public and 3.25% for senior citizens, according to the lender's website. Jul 2022. Go to site. Traditionally a lower Reserve Bank of New Zealand (RBNZ) Official Cash Rate (OCR) precipitates lower New Zealand bank interest rates. We detail the ASB Term Deposit Rates New Zealand this October 2010. To talk to one of our team at ANZ, please call 0800 269 296 or for more information about ANZs financial advice service or to view our financial advice provider disclosure statement visit ANZ.co.nz/fapdisclosure. The governor of the Reserve Bank is responsible for New Zealand's currency and operating monetary policy.The Bank's current Governor is Adrian Orr.Employees of the bank operate under the framework We explain these below: Interest rates: A term deposit offers a fixed interest rate for the life of your investment.For example, 3.50% p.a. During this time, you dont need to think about it, as your investment automatically earns interest at the rate you have selected for the term you choose. Apply Now. The rate up to February 2017 was weighted by each surveyed institutions share of household deposits from S6 Household Credit of the Aggregate Registered Bank statistical return. In New Zealand, interest rates decisions are taken by the Reserve Bank of New Zealand. The applicable interest rate will be the longest completed term. 5 years.

Get a loan . $10,000: Currency. Disclaimer. $100,000. Maximum amount across all term deposits held either solely or jointly with any person is $10 million. New Zealand Dollars (NZD) Opening Deposit. This is back to December 2019 levels within a few months. Max deposit $1,000,000 interest rates may be negotiated above this amount ; You can choose other terms between one month and four years and earn the same interest as the next shortest term with a specified rate, for example, an eight-month deposit qualifies for Deposits are fixed for a specified time period. An automatic rollover is where your term deposit is automatically reinvested into a new term deposit when it matures. The minimum deposit is $1,000 and the maximum deposit is $5million (retail only). for 3 years. [1] The interest rates recorded here are simple averages of new term deposits with a minimum of $10,000, and a maturity greater than 1 day. In June 2015, the OCR was at 3.25, but 12 months on, it is now at 2.25. Conversely this differs to other countries around the world such as China (time deposits), United States (certificate of deposit or CDs), fixed rate bonds in At maturity, monthly or compounding. Terms Balances Interest Rate (p.a.) Grow your savings with this great Term Investment rate! There are two key differences, with term deposits and savings accounts offering unique advantages. To apply for Term Deposits or ask for more information, please contact Personal Banking Department on 09 980 9025 or email us to: personalbanking.nz@bankofchina.com. Minimum deposit $5,000. Interest rates: A term deposit offers a fixed interest rate for the life of your investment. 2.15. Rates are available for Retail and Business Banking customers and apply up to the first $5,000,000 of deposits held either solely or jointly with Westpac New Zealand Limited. 5 Year Rate Term Deposits. Investment rates and returns - term deposits, term PIE, managed Interest paid becomes part of the deposit and is credited at 31 March each year or when the deposit is refunded. 3.00%. Term deposit 4 With Heartland Bank we can get an interest rate of 3.05% for a 1 year term deposit. Savings accounts Bonus savings accounts Term deposits < 1 yr Term deposits 1 - 5 years Term PIEs Deposit calculator Interest codes Credit ratings explained NZX50 company profiles Private market Bank leverage Deep Freeze List Porridge list Free term deposit newsletter signup Tables are based on an investment of $50,000 in a personal term deposit with interest paid as specified. Rate (p.a.) The deposit rates are updated on a daily basis. The term deposit interest rates listed here are only for the first $5 million of total deposits you have with Rabobank Online Savings. 3.04. Rate will not be automatically applied to a renewing Term Deposit. Six-month term deposit rate. Special rates not available to financial institutions or for investments over $5,000,000 and cannot be used in conjunction with any other Westpac promotion, offer or package benefit. Interest rates will usually be higher the longer the term is, as banks pay more for the certainty of re-lending your money for longer. 750+ church and charity projects financed in will apply to the total PremiumSaver balance for that month. ^Please take note that we no longer accept applications for new Business or Trust customers and the Savings Rates shown here Minimum investment $10,000. The cash rateMarket competitionBanking regulationsThe investment termThe amount investedThe interest frequencyWhen the deposit is withdrawn

Units in the ASB Term Fund are Min. View the Term Deposit Information Brochure (PDF 1.2MB) and our Reserve Bank Disclosure Statement for more information. Term: 1 month: Rate for 6,000 + 0.00% p.a. 2.25% p.a. An automatic rollover is where your term deposit is automatically reinvested into a new term deposit when it matures. Need help call : 0800 500 602. 20% deposit. Rates are not available to financial institutions.

A term deposit could be a good option if you have more than $5,000 to deposit and you want it to earn a fixed interest rate over a fixed period of time. Minimum Deposit. Assume the annual fixed term deposit rate is 3.4% in a New Zealand bank. fixed rate term deposit offer . 3.55 % p.a. The Credit Union is not rated because it is operating under an exemption from the Reserve Bank of New Zealand Act 1989 to have a credit rating; Money from term deposits is invested into your local community to help New Zealanders succeed together.

3.25 % p.a. Check out GF's latest term deposit rates and fees including short term and long-term rates for various term investment products. Here are the top term deposit rates on Canstars database at the time of writing, based on six-month, 12-month, 24-month and five-year terms. 3.58. Within New Zealand and similar to Australia, fixed term saving instruments issued by banks are called term deposits. This rate is the advertised interest rate paid for a new six-month term deposit of $10,000. The ANZ Term Deposit earns a fixed rate of interest over an investment term of seven days to five years. It's free to compare & no personal details required to get started. we will reinvest into a new ANZ Term Deposit for the same term but at the interest rate applicable at the time of reinvestment. If youre looking for a long term solution that can ride the ups and downs of the market for years to come, a lengthier term deposit could be it. 3 years. 2-year interest rates were up also, unsurprisingly, to ~4.24%, after dipping as low as 2.45% in April 2020. Competitive interest rates depending on the term of your investment. PriceMe strive to provide up-to-date financial information including rates and fees, but we're not responsible for any errors or inaccuracies. Disclaimer. Learn More. Rates apply up to the first $5,000,000 held in all ANZ PIE Fund term investments and are only available to Retail and Business Banking customers. Rates apply up to the first $5,000,000 held by the customer in all term deposits with ANZ and are only available to Retail and Business Banking customers. HSBC Premier Fixed Term Deposit interest rates Interest rates for HSBC fixed term deposit accounts 1. Highest term deposit rates from the major banks. ASB has also increased other term deposit rates although at much smaller increments. 1.95%. If youre looking for longer term options offered through our subsidiary, Funds Administration Read more ; Trade in. Whether you have money to invest on term deposit or are looking for the best home loan rate we can help you. 3.60% p.a. PIE Term Deposit early termination charge: You can't break Its nine and 12-month rates will rise from 0.75 per cent to 0.8 per cent. This calculator has been set to a maximum deposit of $4,999,999. Related Information Hotline : 0800 695 566 (Within New Zealand) ; 0064 9980 9000 (From Overseas) * Rate is available for new or renewed Term Deposits for 12-23 month terms, from $5,000 to $5,000,000. In general the difference between the two rates is what the bank earns. Apply online or call 0800 229 943. If we allow an early withdrawal, we'll reduce the interest payable on the money you withdraw (your return will not go below 0%). *Applies to investors with taxable income of $48,001 to $70,000. BNZ Term PIE Terms and Conditions pdf 162kb apply. A long term solution. Citibank term deposit: Earn 1.5% for 6 months. Show me the rates for Invested over Call 1 month 2 months 3 months 5 months 6 months 9 months 12 months 18 months 24 months 36 months 48 months 60 months Your deposits will earn interest at a competitive rate, benchmarked to New Zealands largest banks. 3.50% p.a. 1 month: $0 - $9,999: 0.65% : $10,000 + a wholly owned subsidiary of Bank of New Zealand (BNZ). Just like our range of Managed Funds, we bring you Term Deposits from a number of banks here in New Zealand. Interest is the price that borrowers pay to obtain capital. 4 years. Maximum Deposit. Invest Now Back to start. The ANZ App is provided by Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Rates are effective as from 25 May 2022. The Bank became a public company in 1991 and underwent three stages of privatisation until 1996. For terms of 12 months or longer with a minimum deposit of $50,000, interest can be paid out monthly to a New Zealand bank account of your choice. It is a wholly owned subsidiary of General Capital Ltd an NZX listed company. Longer-term rates are up quite a bit. Early withdrawal fees may apply. For all other rates, please contact us. 4 years. Rates not available to financial institutions. For rates on deposits over $5 million please call us on 0800 22 44 33. Rate (p.a.) Call Free: 0800 CAR POINT 0800 CAR POINT (0800 227 76468) (0800 227 76468) Home; Vehicles; We offer one of the lowest Interest Rates in the market with Zero Deposit, along with the option to cater for all types of customers. Compare the latest 2022 interest rates and invest in fixed deposit plans that offer guaranteed returns. A low cash rate doesnt necessarily mean a lower rate for term deposits, as its not the only factor banks consider. Bank deposits usually earn interest. Log in. Peace of mind and all the control you need for New Zealand dollar deposits. Rates may change. Interest on deposits. A Guaranteed Investment Certificate (GIC, or Term Deposit) is a secure investment and a great option if youre seeking predictable and guaranteed interest growth. Original investments are 100% guaranteed. Flexible investment term lengths from 30 days to 5 years. Competitive interest rates are guaranteed for the full term of your investment. A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.It may or may not require the creation of a separate account. The Reserve Bank of New Zealand (RBNZ, Mori: Te Ptea Matua) is the central bank of New Zealand.It was established in 1934 and is constituted under the Reserve Bank of New Zealand Act 1989. Learn more. Unity's term deposit investments offer Kiwis great returns with some of the best rates in New Zealand. Features and benefits of our term deposits. Deposits are fixed for a specified time period. Rates are available for Retail and Business Banking customers and apply up to the first $5,000,000 held by the customer in all term deposits with ANZ. However, it is not just rates you want to compare when looking for a term deposit company. May 2022. Visit our Term Deposit Calculator If you have an income tax rate of 30% or higher, have a look at an ASB Term Fund as it may provide you with better after-tax returns than a term deposit offering the same interest rate, term and fees. Compare ANZ's two types of term deposits that earn a fixed interest rate for a fixed term of 7 days to 5 years. But not recently. Suited to customers with deposits between $1,000 and $2,000,000. The advertised rate on the day the term deposit was opened, for the number of days the money was actually invested, less 2%. Minimum $5,000 deposit. For as low as $1,000, you can start a TSB term deposit which can be invested for 30 days to 1 year. By December 2021, the 5 year rate was at ~4.99%%. At maturity, monthly or compounding. $0. 2.10%. $0.

Interest of 3% per annum will apply where a deposit is left in the scheme for a period of 12 months or more. 3008 Great North Road, CNR Portage Road, New Lynn. Term PIE rates are available only for the first $10,000,000 of total deposits you hold with BNZ. Check the new rates below: "PNB UTTAM FIXED DEPOSIT SCHEME" (Non-Callable) @ With Effect From 14.06.2022 (For Deposit Above 15 Lakh) Domestic TD More Than Rs 15 Lakh To Less Than Rs.2cr W.E.F. Download the Term Deposits Term Sheet. PremiumSaver Personal. Online access to a range of quality investment options, including KiwiSaver, Managed Funds and Term Deposits. Compare Term Deposit rates from over 50 different providers. Interest accrues and is payable daily in arrears on the principal amount of any unarranged overdraft on a transactional account or a savings account at Heartland Bank's prevailing interest rate for unarranged overdrafts, currently 26.70% p.a. ANZ term deposit : Earn 0.1% p.a. Apply online or call 0800 229 943. A different minimum deposit may apply for advertised or promotional rates. This review is meant for information and not for investing purposes. For quite some time you could get a 2.99% rate for 5 years with a lucky few achieving 2.85%. and are shown before the deduction of taxes. ASB's term deposit Terms and Conditions apply. Put simply, a term deposit works much like an online savings account, only the money you put away cant be added to, withdrawn, or touched until the end of the term that youve set. TSB's standard lending criteria, T&C's, and fees apply. 3.30%. while earning interest at our 9-month term deposit rate. At Westpac you can access up to 20 percent on term deposits of one or more years. She also wants the bank to reinvest her interests. While the fixed rate of return on term deposits can be an advantage, this can make term deposits particularly vulnerable to inflation. 1.47. Select the term from seven days to five years. Read the latest interest rates relating to the products at HSBC New Zealand. You should verify these ASB Term Deposit Rates New Zealand beofre investing any money in these financial products. Our competitive interest rates apply for all amounts from $500 (to a maximum combined amount of $250,000), which means you don't need to have a lot of money invested to get a great rate. It's free to compare & no personal details required to get started. Go to site. Interest may be paid daily, monthly or yearly, but is usually quoted as an annual figure such as 2% or 4%. This would give us an after tax return of $221.41, which is $14.62 more than Term Deposit 3 with ANZ. You need to choose the correct tax rate or you could face an unexpected bill at the end of the tax year. The bank gives her the option to choose payment frequency in each year from 1, 2, and 4. Term Deposit Rates. Unity's term deposit investments offer Kiwis great returns with some of the best rates in New Zealand. New Zealand's first fully digital bank, planned for launch next year, is expecting to be able to offer high-yield term deposit rates of more than five To obtain rates for investments of $100,000 or more, please call 13 33 33 between 8am and 8pm Monday to Friday.You must provide 31 days notice to ANZ if you wish to make an early withdrawal of your funds from an ANZ Advance Notice Term Deposit account. Minimum term deposit investment $1,000. This powerful term deposit calculator will calculate what the future value of your term deposit investment will be after your chosen period by taking into account both New Zealand tax on interest earned as well as variable interest rates and varying compounding frequency. With a Rabobank Term Deposit you will receive a competitive rate on your deposits and the choice of a 1, 3, 6, 9 or 12 month term. Call us on 0800 269 296. In exchange, youre able to lock in a much higher interest rate over the life of the term, rather than the variable rate of a regular savings account. The term deposit rate is the agreed interest rate for your term deposit. 3.81. 3.13.

Interest Rate in New Zealand averaged 6.82 percent from 1985 until 2022, reaching an all time high of 67.32 percent in March of 1985 and a record low of 0.25 percent in March of 2020. 5 years. General Finance Limited is a New Zealand owned and operated Finance company. Citibank term deposit: Earn 1.5% for 6 months. For rates on deposits over $5 million please call us on 0800 22 44 33. Commonwealth Bank (CBA) is Australias largest bank, and operates internationally with businesses in New Zealand, Asia and the United Kingdom. Nominate a Hero to Win Here's to our 2020 Heroes! Minimum investment $10,000. Invest Now Back to start. A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.It may or may not require the creation of a separate account. All interest rates on this page are percentage per annum (p.a.) It is known as a term deposit or time deposit in Canada, Australia, New Zealand, fixed deposit in India and the United States, PriceMe Money is an independent comparison service for consumers in New Zealand. In February last year, just as the first case of Covid-19 was identified here, New Zealand resident savers had $171 billion in term deposits at the banks. If youre willing to go beyond the minimum amount, you can start with $5,000 and earn up to 0.80% p.a for a term of 5 years, and 0.90% for a deposit of $10,000 and up for the same term. New Zealand Hike. 2.31%. TSBs General Banking Information (including the full terms and conditions for Term Investments ) and Privacy Notice apply and are available on our website and in any TSB branch. If the required minimum $50 monthly balance increase is not achieved, a rate of 0.20% p.a. TSB is a real New Zealand bank providing Kiwis with everyday accounts, home loans & mortgages, savings, investments and more. Commonwealth Bank was founded in 1911 by the Andrew Fisher Labour Government. In comparison, take a look at the 6-month term deposit rates offered by the Big Four: ANZ, CBA, NAB and Westpac. However, investments of $100,000 or more may be subject to different interest rates than those provided in this calculator. 5. If you choose to reinvest at maturity, the Term Deposit will reinvest for the selected term at the rate on the day of maturity. Businesses with total ANZ deposits of $2m or more will not qualify for early withdrawal on the grounds of hardship. The frequency tells how many times the bank pays her the interests. Some other factors you might want to keep in mind include:The terms available (length of the term deposit) and the interest rates available for various termsWhen interest is paid (this might be monthly, annually or at maturity, for example)Whether there is any minimum amount needed to open a term deposit, and whether a higher interest rate is offered for a larger amountMore items Rates are subject to change without notice. PriceMe strive to provide up-to-date financial information including rates and fees, but we're not responsible for any errors or inaccuracies. change to pay out the full Term Deposit at maturity to a New Zealand dollar bank account; reinvest the Term Deposit with or without the interest previous terms interest by choosing the term you want to reinvest it at. The deposit rates are updated on a daily basis. 3.30%. For rates applicable to amounts in excess of $5,000,000, please contact us. Within New Zealand and similar to Australia, fixed term saving instruments issued by banks are called term deposits. At time of writing, a $100,000 investment on a 12-month term deposit would pay $3,450 at maturity Interest Rate: 3.65 % p.a. Here is the latest ASB Term Deposit Rates New Zealand, provided for your information. It remains fixed for the term of the deposit. Go to site. For deposits with terms of two or more years at Kiwibank, you can withdraw up to 20 percent at any time, and as many times as you like, without an interest rate reduction. Get a loan . Paul has a Masters in Aeronautical Engineering from Queens University in Belfast. Have the New Zealand interest rates gone up or down in 2010? If the required minimum $50 monthly balance increase is not achieved, a rate of 0.20% p.a. ASB Term Deposit Rates New Zealand Term | $5,000-$9,999 30 Days= 2.00 % p.a. The bank is the largest listed company in New Zealand and the largest Australian bank in Asia. This data tracks the interest rates offered by banks in New Zealand on term deposit savings accounts.