If you have elected to have your term deposit automatically roll over, we will create a new term deposit for you and confirm when this has happened.

Depending on the bank your deposit is with, the new term deposit will either be created on the maturity date or the next business day.

If you have not chosen an automatic rollover option, your principal and interest (net of withholding tax) will be paid to your InvestNow transaction account. Please note that interest is not paid on funds in your transaction account, so you will need to arrange a new investment or load a withdrawal.

If you need to break a term deposit, please contact us at 0800499466 or contact@investnow.co.nz – noting that there are specific terms and conditions that apply to requesting to break a term deposit.  For more details please read this FAQ.