Compare investments rates & charges

See how hard your investments are working for you with a breakdown of the interest rates and fees on business banking savings and investment accounts.

Interest rates

Interest rates are subject to change.

Minimum balance

$1,000

$5,000

$10,000

$50,000

Term

Interest at maturity

30 days

N/A

Term Deposit 30 days $5,000 + (active)

Term Deposit 30 days $10,000 + (active)

Term Deposit 30 days $50,000 + (active)

60 days

N/A

Term Deposit 60 days $5,000 + (active)

Term Deposit 60 days $10,000 + (active)

Term Deposit 60 days $50,000 + (active)

90 days

Term Deposit 90 days $1,000 + (active)

Term Deposit 90 days $5,000 + (active)

Term Deposit 90 days $10,000 + (active)

Term Deposit 90 days $50,000 + (active)

100 days

Term Deposit 100 days $1,000 + (active)

Term Deposit 100 days $5,000 + (active)

Term Deposit 100 days $10,000 + (active)

Term Deposit 100 days $50,000 + (active)

120 days

Term Deposit 120 days $1,000 + (active)

Term Deposit 120 days $5,000 + (active)

Term Deposit 120 days $10,000 + (active)

Term Deposit 120 days $50,000 + (active)

150 days

Term Deposit 150 days $1,000 + (active)

Term Deposit 150 days $5,000 + (active)

Term Deposit 150 days $10,000 + (active)

Term Deposit 150 days $50,000 + (active)

6 months

Term Deposit 6 months $1,000 + (active)

Term Deposit 6 months $5,000 + (active)

Term Deposit 6 months $10,000 + (active)

Term Deposit 6 months $50,000 + (active)

200 days

Term Deposit 200 days $1,000 + (active)

Term Deposit 200 days $5,000 + (active)

Term Deposit 200 days $10,000 + (active)

Term Deposit 200 days $50,000 + (active)

9 months

Term Deposit 9 months $1,000 + (active)

Term Deposit 9 months $5,000 + (active)

Term Deposit 9 months $10,000 + (active)

Term Deposit 9 months $50,000 + (active)

1 year

Term Deposit 1 year $1,000 + (active)

Term Deposit 1 year $5,000 + (active)

Term Deposit 1 year $10,000 + (active)

Term Deposit 1 year $50,000 + (active)

2 years

Term Deposit 2 year $1,000 + (active)

Term Deposit 2 year $5,000 + (active)

Term Deposit 2 year $10,000 + (active)

Term Deposit 2 year $50,000 + (active)

3 years

Term Deposit 3 year $1,000 + (active)

Term Deposit 3 year $5,000 + (active)

Term Deposit 3 year $10,000 + (active)

Term Deposit 3 year $50,000 + (active)

4 years

Term Deposit 4 year $1,000 + (active)

Term Deposit 4 year $5,000 + (active)

Term Deposit 4 year $10,000 + (active)

Term Deposit 4 year $50,000 + (active)

5 years

Term Deposit 5 year $1,000 + (active)

Term Deposit 5 year $5,000 + (active)

Term Deposit 5 year $10,000 + (active)

Term Deposit 5 year $50,000 + (active)

Term

Interest interim options

1 year

Term Deposit: 1 year, $1k+, monthly interest

Term Deposit: 1 year, $5k+, monthly interest

Term Deposit: 1 year, $10k+, monthly interest

Term Deposit: 1 year, $50k+, monthly interest

2 years

Term Deposit: 2 year, $1k+, monthly interest

Term Deposit: 2 year, $5k+, monthly interest

Term Deposit: 2 year, $10k+, monthly interest

Term Deposit: 2 year, $50k+, monthly interest

3 years

Term Deposit: 3 year, $1k+, monthly interest

Term Deposit: 3 year, $5k+, monthly interest

Term Deposit: 3 year, $10k+, monthly interest

Term Deposit: 3 year, $50k+, monthly interest

4 years

Term Deposit: 4 year, $1k+, monthly interest

Term Deposit: 4 year, $5k+, monthly interest

Term Deposit: 4 year, $10k+, monthly interest

Term Deposit: 4 year, $50k+, monthly interest

5 years

Term Deposit: 5 year, $1k+, monthly interest (active)

Term Deposit: 5 year, $5k+, monthly interest (active)

Term Deposit: 5 year, $10k+, monthly interest (active)

Term Deposit: 5 year, $50k+, monthly interest (active)

Our term deposit rates apply to the first $5 million of total deposits you hold with us. If you're investing more than this, please contact us. The interest rate for a term deposit is fixed for the length of the term you choose. This means it'll stay the same for the duration of your investment.

There are no transaction, entry or management fees. An immediate withdrawal will incur an interest adjustment charge. The amount of the charge varies depending on the notice period, the current rate of return and the amount you wish to withdraw.

Not available to financial institutions. The rate of return for Notice Saver can change at any time and without notice. This means the rate might go up or down during your investment.

Business Online Call

Business Online Call rewards you with bonus interest each calendar month when you:

  • make no withdrawals or transfers (except permitted withdrawals*); and
  • have a minimum balance of $2,000 in your account at any time.

*Permitted withdrawals means withdrawals/transfers to fund a Kiwibank Term Deposit, PIE Term Deposit Fund or Notice Saver Fund.

Early withdrawal or termination charges

There are no transaction fees on our Business Term Deposit and Notice Saver accounts. However early withdrawal or termination charges may apply as follows:

Term Deposit early termination charge

If you need to break your term deposit early a charge may apply to the interest you'll receive on the amount you want to withdraw. The charge is a reduction to the interest you’ll receive on the amount you want to withdraw early.

The interest rate you'll receive on the money you withdraw early will be the lower of:

  • The advertised rate on the day your application to break is approved, for the number of days the money was actually invested, less 2%; or
  • The advertised rate on the day the term deposit was opened, for the number of days the money was actually invested, less 2%.

Visit our breaking a term deposit early page for more details.

PIE Term Deposit early termination charge

If you break a PIE Term Deposit an early termination charge may apply. The charge is a reduction to the return payable to you on the amount you want to withdraw early.

The rate of return that'll be applied to the amount of money you want to withdraw will be your original rate of return less 2%, while the return payable to you will be calculated using the following formula:

Reduced return to be paid = amount to be withdrawn × (days invested ÷ 365) × (original rate of return − 2%) where the original rate of return is the rate of return we agreed when you invested.

Visit our breaking a term deposit early page for more details.

Notice Saver immediate withdrawal charge

When you request an immediate withdrawal of part or all of your money from Notice Saver without giving the required notice.

The amount of the charge varies depending on the amount being withdrawn, the current rate of return for your Notice Saver and the length of the required notice period.

The immediate withdrawal charge is based on the lesser of:

  • the amount withdrawn multiplied by the current rate of return divided by the number of days in the year. This is then multiplied by the notice period;
  • the interest earned and accrued over the previous period equivalent to the notice period.

Talk to us

If you'd like to open a business savings account or a term deposit, get in touch with our business banking team.

Talk 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 banker

Call 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.