Grow your business savings with certainty
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Lock in a competitive interest rate and enjoy a fixed return on your business savings.
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Invest from $1,000 to $5 million - choose an amount that works for your business.
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Choose interest payments monthly, quarterly, annually, or at maturity - giving you control over your business cash flow.
Interest rates are subject to change. The above rates are valid for investments of $1,000 to $5 million. If you're investing more than $5 million, please contact us for rates.
How it works
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Lock in a fixed return
Enjoy a fixed return on terms ranging from 30 days to 5 years. Your interest rate is fixed for the length of the term you choose.
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No set up or monthly fees
There are no set up or monthly fees on our Term Deposits.
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Control over business cash flow
Interest is paid at maturity. For terms of one year or longer you can opt to have interest paid out monthly, quarterly, six-monthly or annually.
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Withdraw early if needed
We have a simple policy for breaking a Business Term Deposit – just give us a call or visit us in branch. An early termination fee will be applied if you withdraw your money early.
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Choose your investment amount
Invest from $1,000 to $5 million (you can invest more than $5 million, but you’ll need to contact us to discuss rates).
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Choose what happens when your term ends
Set up your Term Deposit to automatically reinvest your original deposit and interest into a new term or pay them into your chosen account at maturity. If your plans change, you can use online banking to update your instructions at any time during the term.
Is a Term Deposit right for you?
A Term Deposit offers a fixed return for a set period. However you should consider if your business is likely to need the money before the maturity date as early termination charges may apply. If you think you'll need the money early, one of our other savings accounts may be more suitable.
Open a Business Term Deposit
Begin the process of joining Kiwibank online, or get in touch with our business banking team If you're keen to open a Term Deposit for your business..
Open an account
Opening a business account is quick and secure — you can start the process online in under 20 minutes if you're a New Zealand registered limited company.
Open an accountTalk to a business banking specialist
Complete our online form and one of business banking specialists will get back to you within one to three working days.
Find a business bankerCall us
Call our business banking team on 0800 601 601, or +64 4 803 1646 if you’re calling from overseas.
Mon – Fri: 8am – 5pm.
Other options you might be interested in
Standard terms and conditions
Interest rates are subject to change.
Units in the Kiwibank PIE Term Deposit Fund are distributed by Kiwibank Limited and are issued by Kiwibank Investment Management Limited.
See all investments terms and conditions or pick up copies from your nearest Kiwibank.
This communication contains general information only and not investment or tax advice, and as such you shouldn't 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 such an investment.