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Looking for a term deposit?

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Compare Term Deposit Rates

Find a best term deposit in minutes.

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What is a term deposit?

A term deposit is a cash investment held at a financial institution, bank, building society or credit union. Your money is invested for an agreed rate of interest over a fixed amount of time, or term.

Want to see your savings grow? Then you should consider investing your money into a term deposit! Just decide how long you want to invest your savings for and watch as they earn back a fixed interest rate. You are in control when placing your money into a term deposit, meaning you decide how much to invest and how long to invest it for. You can decide whether to invest your savings for days, months, or even years. The longer your money is invested, the more it will grow!

Depending on which bank you are with will determine how much you can invest; with some allowing as little as $5000 to be your investment. Term deposits can be a great way for you to grow money that you normally wouldn’t touch, so consider a term deposit in NZ if you want to see your money make you even more money!

Compare term deposit companies

Like anything else, it is important to consider who is the best option for you and your money, especially when choosing a term deposit company. glimp helps you to compare these companies, making your choice a lot less complicated! Currently most term deposit providers, such as ANZ, ASB, BNZ and Westpac have similar deposit rates of around 2.60% for a year.

Similarly, these term deposit rates for six months are on average 2.65%. However, it is not just rates you want to compare when looking for a term deposit company. Take the time to consider who will provide the best overall experience for you: Who will offer a quick and easy set up of the term deposit? Who will allow you to invest as little or as much as you would like? Be sure to make the right choice for you when deciding who to invest your money with!

Compare with Glimp

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With lots of term deposit companies in New Zealand - all offering reasonable and affordable term deposit rates - it can be difficult to decide which is the best option for your investment.

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The good news for you is that glimp is here to help make that choice a whole lot easier! We’ve compiled all the information you need on picking a term deposit company, all you need to do is compare them and pick what is best for you. Easy as!

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What do you need to do then? Consider what the best term deposit rates in NZ are right now and how much money you want to invest. Once you have figured that out all you need to do is compare term deposit rates in NZ using glimp and see who best fits your investment needs.

Why compare with glimp?

We save you time & money

Easily compare term deposit rates, terms and principals. Find the best term deposit in minutes.

Best place to compare term deposits

New term deposit site in NZ. Thousands of Kiwis have trusted us with their decisions.

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glimp is 100% free! Whether you want to compare or get a better term deposit, you pay nothing.

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Olive Balli , 2019-08-16

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