We are really pleased to announce that China Construction Bank (CCB) are now offering their Term Deposits directly to InvestNow customers.

Alongside the 100+ managed funds, we now provide Kiwi investors with the ability to invest in term deposits from ANZ, BNZ, CCB and SBS Bank.

Gone are the days where you need to open an account with every bank in town, in order to invest in their term deposits.  With your InvestNow account you can manage your TD investments all in one place and switch your money amongst the banks when you want, all without the need to visit the bank again.

Here are the current term deposit rates available on InvestNow (as at 12pm 6th August 2019):

• 1 month at 1.79%
• 3 months at 2.55%
• 6 months at 3.10%
• 9 months at 3.10%
• 1 year at 3.00%

The minimum TD amount is $2,000 for all banks, except ANZ where the minimum is $10,000.