Term Deposits
Enjoy the certainty of a fixed return at a competitive interest rate.
Special Term Deposit Rates
Earn 5.10% p.a. for 150 days, or 5.20% p.a. for 12 months.
Click here for more details, including a copy of the Investment Statement.
Term Deposit Rates
This page was last updated on 06 September 2010. All rates are displayed in % per annum and are subject to change.
|
$5,000 - $9,999 |
$10,000 - $49,999 |
$50,000 + |
| 30 days |
3.00 |
3.00 |
3.00 |
| 60 days |
3.00 |
3.00 |
3.00 |
| 90 days |
3.50 |
3.50 |
3.50 |
| 100 days |
3.50 |
3.50 |
3.50 |
| 120 days |
3.25 |
3.50 |
3.50 |
| 150 days |
3.25 |
5.10 |
5.10 |
| 180 days |
3.50 |
4.50 |
4.50 |
| 210 days |
3.50 |
3.50 |
3.50 |
| 270 days |
3.50 |
5.10 |
5.10 |
| 1 year |
5.20 |
5.20 |
5.20 |
| 18 months |
5.40 |
5.40 |
5.40 |
| 2 years |
5.50 |
5.50 |
5.50 |
| 3 years |
5.50 |
5.50 |
5.50 |
| 4 years |
5.75 |
5.75 |
5.75 |
| 5 years |
6.00 |
6.00 |
6.00 |
Rates
-
Special rates may be available for deposits of $250,000 or more. For more
information visit any branch of The National Bank
or call
0800 18 18 18.
-
If you have more than one National Bank Term Deposit, the combined balance may
determine the interest rate.
Fees
An adjustment to the interest rate will apply if the Term Deposit is broken prior to maturity,
details are available from your nearest branch or
call 0800 18 18 18.
Interest
On the above listed interest rates, interest:
-
Is calculated daily and can be paid into any nominated New
Zealand bank account or compounded.
-
Can be paid (monthly, quarterly, six monthly, annually or at maturity) or compounded
(quarterly, six monthly or annually) for terms of 180 days or more (unless otherwise specified)
- Is paid on maturity only for terms less than 180 days.
This information is intended to get you thinking about your investment goals.
It is not intended as investment advice because it does not address individual circumstances.
Before making investment decisions, you should consider your individual circumstances and seek
assistance from other resources, for example financial planning services.
A copy of our Term Deposit Investment Statement is available as a PDF, or you can request one to
be sent to you by calling us on 0800 18 18 18.