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 6 banks offering Term Deposits on the InvestNow platform – ANZ, Bank of China, 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 interest.co.nz (a great tool to compare term deposits).
Term Deposits are just one investment product that we have available here on InvestNow. Take a look at the InvestNow KiwiSaver Scheme for a flexible KiwiSaver option, or check out our range of Managed Funds that you can invest in.