InvestNow Term Deposits

Multiple term deposit options from a range of leading banks

We bring you term deposits from a number of leading banks – ANZ, BNZ, Bank of China, China Construction Bank, Heartland Bank and SBS Bank!

All within your single InvestNow account you can select which bank you want to deposit your hard earned savings with – no need to open up separate accounts with multiple banks, how easy is that?!

The range of banks we are working with is growing, so you will have access to even more bank Term Deposits all within a single account.

Today’s best term deposit rates from our partner banks:

Term 1m 3m 6m 9m 12m 18m 2y 3y 4y 5y Date effective
Rates % p.a. 3.90 4.80 6.40 6.15 6.30 6.10 6.10 5.85 5.75 5.65 18 March 2024

If you can’t see all the rates and terms, just scroll to the right.
Please note that Terms & Conditions for each specific bank apply. For details please visit our Legals page.
To invest in these term deposits log in or create an online account with us.

The above rates are per annum figures. They are recent rates offered by the banks on InvestNow, but are not live and may have been recently updated. To see the live rates currently available to InvestNow customers, please login to your InvestNow account and select the Term Deposits page. InvestNow earns a distribution fee for the Term Deposits service (see FAQ  for details).

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.

Compare Our Rates

The rates we get from the banks we partner with are among some of the best rates available.  If you want to check, please visit Interest.co.nz to compare:  1-9 months TDs or 1 year plus TDs.

Frequently Asked Questions:

1 month, 3 month, 6 month, 9 month, 1 year, 18 month, 2 years, 3 years, 4 years and 5 years.

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

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
  • Principal 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.

Term deposit orders are processed once a day – they are sent to each bank at 12pm each working day (no orders are processed during weekends or national public holidays).

Each bank has their own terms & conditions for accepting and processing any break request – you can find those details here. Break requests will be handled directly between you, us and the relevant bank. If you wish to raise a break request please contact us here or email us at contact@investnow.co.nz

The minimum investment amount for ANZ and China Construction Bank is $10,000. The minimum investment amount for the Bank of China is $25,000. For all other banks, the minimum investment amount is $2,000.

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