The current minimum amount of deposit with ANZ is $10,000. ANZ can close your term deposit whenever the amount of investment falls below the minimum amount that is set. It’s best to check your terms and conditions and ask for advice from any of ANZ’s financial specialists.
ANZ offers fixed terms from 30 days up to 5 years. Interest in your term deposit is based on the amount you put in, the term of your investment, and the currency you choose to invest in, if you open an ANZ Foreign Currency Term Deposit.
No. ANZ term deposit interest rates are usually fixed for the period of investment so long as you hold the investment upon maturity. Whatever happens in the market, your ANZ term deposit rate stays the same. Check your interest using the ANZ term deposit calculator at anz.co.nz.
For other term deposit rates that are available, you can also head over to glimp and compare rates for free.
Your terms and conditions come with restrictions during the period of your investment in order to help you save and protect your account from fluctuations in market rates. You can request ANZ an early withdrawal from your account. However, requests should be made prior to the cooling-off period of your investment and give a 31 days’ notice to ANZ about your financial struggles to likewise give them time to process your withdrawal.
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