InvestNow Term Deposits

Just like our range of Managed Funds, we bring you Term Deposits from a number of banks here in New Zealand. The difference between investing in Term Deposits through InvestNow is that you don’t have to have an account with the bank you want to invest in, making the process extremely easy. One InvestNow account and multiple Term Deposit options, with the ability to change banks in just a few clicks.

Term Deposits through InvestNow are supported by the selected banks standard terms and conditions, as if you had purchased them directly! We currently have 5 banks offering Term Deposits on the InvestNow platform – ANZ, BNZ, China Construction Bank, Heartland Bank and SBS Bank.

The interest rates available on InvestNow are competitive and are set by the banks themselves.  See our current rates below and compare them to other rates on (a great tool to compare term deposits).

Current Term Deposit rates:







To see more of the rates and terms offered through InvestNow, log in or create a free online account with us. Your account will give you access to all Term Deposit options from our partner banks. Rates update daily at 12pm.

Why choose Term Deposits through us?

Online access

InvestNow is an online platform, meaning our customers have the freedom to choose and manage their Term Deposits from anywhere they have access to the internet. No need to go into a bank or even speak with one – Just one convenient online account with us. It’s the same as any other Term Deposit you can get directly through a bank, backed by individual bank Terms and Conditions, but with easier options to choose and change banks.

Multiple options – Banks and Terms

We have four banks to choose from currently, ANZ, BNZ, China Contstruction Bank and SBS Bank; with the following term options – 1 month, 3 month, 6 month, 9 month, 1 year, 18 month, 2 years, 3 years, 4 years and 5 years. To see which banks offer the best rates, log in to your InvestNow account or create an account here.

Trusted banks

Keeping your funds in good hands is a top priority of ours, which is why we only partner with reputable banks that are trusted in New Zealand.

Payable interest

Currently, we offer interest at maturity, unless the Term Deposit is for a term of 2 years or longer, where interest will be paid semi-annually.

Rollover options

At maturity, you have the options to choose;

  • Not to rollover, at which time the principle and net interest will be credited to your InvestNow Transaction Account
  • Only the principal to roll over, with the net interest credited to your InvestNow Transaction Account
  • Principle and net interest roll over.

You will receive notification by email, five days prior to the maturity date of your Term Deposit, advising that you can amend your rollover preferences right up to the day before your Term Deposit is due to mature/roll over.


We don’t hold your money. We are simply a facilitator, providing access to quality investment options. Your Term Deposits through InvestNow, go directly to the bank you select, and stays with them until maturity.

Not interested in Term Deposits? See our Managed Funds

On top of Term Deposits, your InvestNow account gives you access to our range of Managed Funds. Over 20 Fund Managers and 110+ individual funds to choose from. We’re partnered with quality Fund Managers like Pie Funds,  Milford Asset Management,  Vanguard,  Smartshares, Fisher Funds,  AMP Capital and more!

The benefits of having an InvestNow account

Manage your investments online 24/7.

Establish and manage your investments online 24/7.  With one single login – quick and easy with no fuss.

Get access to award winning funds.

We’ve worked hard to bring you funds from New Zealand and around the world. You can invest in all funds on InvestNow for as little as $50, when part of a Regular Investment Plan, or $250 for one-off investments.

Invest in bank Term Deposits.

Open a single account with us to access Term Deposits from a range of NZ banks all in one place.

Pay no account or transaction fees.

We firmly believe in removing all barriers to self-managing your investments, so InvestNow won’t be charging you any transaction or account fees.

Get started

Get started now

Set up a free InvestNow account online to access Term Deposits from multiple banks.

other investment options

Other investment options

Build an investment portfolio with Managed Funds.

Contact us

Contact Us

Want to find out more? Send us an email or give us a call. We’re happy to talk.