Term Deposits
Kiwibank Term Deposits can help you earn high interest when you don't need ready access to your funds.
Your deposit can be as low as $1,000, and we offer a range of investment terms so that you can lock your funds away for the length of time that suits you.
Features:
- You choose the term: from 90 days to 5 years for $1,000 or more, or from 30 days to 5 years for $5,000 or more
- Very competitive interest rates
- The certainty of a fixed return for a set period
- Regular interest payments for deposits on terms of one year and over
- Kiwibank has a guarantee under the New Zealand deposit guarantee scheme. Further information about the deposit guarantee scheme is available from the Treasury website. Please note that the current deposit guarantee scheme will expire on 12 October 2010
- Find out more about our term deposit rates and fees.
Get your hot rate Term Deposit now:
The Kiwibank PIE Term Deposit Fund may be better for you. It's similar to a standard Term Deposit, but because PIE products currently pay a maximum tax rate of 30% you could reduce the tax you pay on your investment.
If you use internet banking, you can invest in the Kiwibank PIE Term Deposit Fund online. Just log in, go to Apply & Open and select PIE Term Deposit Fund, then complete the online application form.
If you don't use internet banking, you can register now. Otherwise, download the Investment Statement and application form for the Kiwibank PIE Term Deposit Fund, fill it out and drop it in to your local Kiwibank, along with the cheque for your deposit, made out to yourself and crossed "not transferable".
OR
You can either call us on 0800 11 33 55 to arrange an appointment, or drop in to your local Kiwibank. If we can't see you straight away, we'll make an appointment for a time that suits you.
Go back
If you use internet banking, you can open a Term Deposit online. Just log in, go to Apply & Open and select Term Deposit, then complete the online application form.
If you don't use internet banking, you can register now. Otherwise, download the Investment Statement for Term Deposits, fill out the application form at the back, and bring it in to your local Kiwibank, along with the cheque for your deposit, made out to yourself and crossed “not transferable”.
You can either call us on 0800 11 33 55 to arrange an appointment, or drop in to your local Kiwibank. If we can't see you straight away, we'll make an appointment for a time that suits you.
OR
Fill out the online application form, then print it and send it to us along with the cheque for your deposit, made out to yourself and crossed “not transferable”.
Go back
The Kiwibank PIE Term Deposit Fund may be better for you. It's similar to a standard Term Deposit, but because PIE products currently pay a maximum tax rate of 30% you could reduce the tax you pay on your investment.
Download the PIE Term Deposit Investment Statement and application form for the Kiwibank PIE Term Deposit Fund, fill it out and drop it in to your local Kiwibank, along with the cheque for your deposit, made out to yourself and crossed “not transferable”.
OR
You can either call us on 0800 11 33 55 to arrange an appointment, or drop in to your local Kiwibank. If we can't see you straight away, we'll make an appointment for a time that suits you.
Go back
Download the Investment Statement for Term Deposits, fill out the application form at the back, and bring it in to your local Kiwibank.
You can either call us on 0800 11 33 55 to arrange an appointment, or drop in to your local Kiwibank. If we can't see you straight away, we'll make an appointment for a time that suits you.
You'll need one form of current photo ID and a mail item no more than 90 days old to verify your address. This must be a bank statement or a utilities bill, such as a phone or power bill.
OR
Fill out the online application form, then print it and send it to us along with the cheque for your deposit, made out to yourself and crossed “not transferable”.
Go back
Eligibility
For a Kiwibank Term Deposit, you need a minimum deposit of $1,000.
You may also be interested in:
Conditions
Download Kiwibank's Investment Statement for Term Deposits or pick up a copy from your local Kiwibank.
Units in the Kiwibank PIE Term Deposit Fund are distributed by Kiwibank and are issued by Kiwibank Investment Management Limited. Download the Investment Statement for the Kiwibank PIE Term Deposit Fund, or pick up a copy from your local Kiwibank.
This communication contains general information only and not investment or tax advice, and as such you should not rely on it as the sole basis for any financial decision. Potential investors should seek professional advice as to whether an investment is right for them, including the taxation implications of investing in an investment.
The Kiwibank PIE Term Deposit Fund only invests in deposits guaranteed under the New Zealand deposit guarantee scheme. That scheme covers those deposits to the extent that retail investors have invested in the Kiwibank PIE Term Deposit Fund. Amounts received under the New Zealand deposit guarantee scheme may only be passed on to retail investors. More information about the New Zealand deposit guarantee scheme, including what constitutes a retail investor, is available at the Treasury website. Please note that the current deposit guarantee scheme will expire on 12 October 2010.
