Term Deposits
Enjoy the certainty of a fixed return at a competitive rate.
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National Bank Term Deposits combines competitive returns with peace of mind. You'll benefit from the certainty of knowing what your return will be, with an interest rate that's locked-in regardless of movements in the market.
Terms range from 30 days to five years ($10,000 minimum investment). Competitive interest rates are based on the amount of your investment.
Interest is calculated daily and can be paid into any nominated New Zealand bank account or compounded. Choose from a range of interest payment options to suit your needs. Interest can be:
- Paid (monthly, quarterly, six monthly, annually or at maturity) or compounded (quarterly, six monthly, annually or at maturity) for terms of 180 days or more (unless otherwise specified)
- Paid or compounded on maturity for terms less than 180 days
We will advise you before your Term Deposit is due to mature. On maturity you can:
- Add money to your deposit and reinvest
- Withdraw part of your funds and reinvest the balance
- Have the entire principal plus interest paid to any nominated New Zealand bank account
- Re-invest the whole amount for another term.
The information is intended to get you thinking about your investment goals. It is not intended as investment advice tailored to your personal financial circumstances. Before making investment decisions, you should consider your individual circumstances and seek assistance from other resources, for example financial planning services.
A copy of the Bank's Disclosure Statement under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any National Bank branch, free of charge.
Rates and fees - see our current rates and fees.
A copy of our Term Deposit Investment Statement is available as a PDF, or you can request one to be sent to you by calling us on 0800 18 18 18.
Once you have read the Term Deposit Investment Statement you can proceed one of the following three ways:
You'll need Adobe Acrobat Reader to read the PDF versions. If you don't have it, don't worry - it's free. Just follow this link to the Adobe site to download a copy.
- Online - if you have Online Banking, simply log on select 'Other Services' from the drop down menu then 'Term Deposit Request'.
- By phone - you may be able to arrange your term deposit over the phone - call us on 0800 18 18 18
- By visit a branch - if you prefer, simply ask a staff member at any branch of The National Bank.
A copy of the Bank's Disclosure Statement under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any National Bank branch, free of charge.
Saving and Investment Options
My saving and investment options
Answer the following questions to see our savings or investment options that may
help you reach your goals.
Based on the information you enter, the savings and investment selector will suggest
possible savings or investment options available to you through The
National Bank. You can consider these options and decide which, if any,
suit your circumstances.
Answer the questions below
- How much do you have to deposit or invest initially?
- How much can you save or invest on a regular basis?
- How often will you need to access your money?
why do we ask this question?
- What is your annual taxable income?
Start with the questions above.
Just three more questions to go.
Just two more questions to go.
Just one more question to go.
And you're done!
However you can adjust your answers at any time.
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See your saving and investing options with The National Bank
Start with any of the questions on the left.
Based on your 1 answer, you could consider 1 or more of the following
Based on your 2 answers, you could consider 1 or more of the following
Based on your 3 answers, you could consider 1 or more of the following
Based on your 4 answers, you could consider 1 or more of the following
Start by answering the questions on the left.
Each answer will generate savings or investment options for you to consider.
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See below for more information on some of our other savings accounts and investments
The first three saving and investment options provided above are based solely on
your answers to the questions on the left and should not be relied upon as giving
investment advice tailored to your financial circumstances. If you require investment
advice we recommend that you come into any National Bank Branch to discuss your
circumstances with a Banking Consultant.
So what next?
Follow the links to learn more about the savings or investment options that have
been suggested above.
When considering these options, please see the Investment Statements for
The National Bank Call Fund,
National Bank Term Fund and
Term Deposits.
If you decide that an option is suitable for you, you can follow the links to apply
for the savings account or investment. If you'd like to talk to anyone about how
the above options can help you achieve your goals,
email us, call us on 0800 18 18 18 or ask a staff member at any
branch.
This material is for information purposes only. Its content is intended to be of
a general nature, does not take into account your financial situation or goals,
and is not a personalised financial adviser service under the Financial Advisers Act
2008. It is recommended you seek advice from a financial adviser which takes into
account your individual circumstances before you acquire a financial product. If
you wish to consult one of The National Bank's financial advisers, please contact
us on 0800 18 18 18.
Interest rates, rates of return and fees are subject to change. Full details of
all products (including applicable fees, terms and conditions) can be obtained from
any National Bank branch. A copy of the Bank's
under the Reserve Bank of New Zealand Act 1989 is available on this website or on
request from any National Bank branch, free of charge.
All suggestions are based on the correct information being provided by you. This
tool is not intended to provide tax advice and you should seek independent tax advice
in relation to your own situation. For information on the applicable taxes on interest
or PIE income refer to the Inland
Revenue (IRD) website.
* ANZ Investment Services (New Zealand) Limited is the issuer/manager of The National
Bank Call Fund and The National Bank Term Fund (Funds) and The New Zealand Guardian
Trust Company Limited is the trustee. The National Bank of New Zealand, part of
ANZ National Bank Limited is the distributor of units in the Funds. Units in a Fund
do not represent deposits or other liabilities of ANZ National Bank Limited. An
investment in a Fund is subject to investment risk, including possible delays in
repayment and loss of income and principal invested. No member of the ANZ National
Bank Limited Group, The New Zealand Guardian Trust Company Limited or any other
person guarantees (either partially or fully) ANZ Investment Services (New Zealand)
Limited or the capital value or performance of any products issued by those companies.