Term Deposit - RaboPlus New Zealand

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Term Deposits

  • All Term Deposits from $1000+
  • Funds deposited with NZ's safest bank
  • Monthly interest payment option

Lock your money away in a Term Deposit with New Zealand's safest bank and sleep soundly. View our Term Deposit interest rates and terms below:

Term Deposits

Current Term Deposit Rates

Interest Rate (%p.a.)
TermStandard Interest*Interim Interest
1 month3.00N/A
3 months3.00N/A
6 months3.20N/A
1 year3.753.55
2 years4.854.65
3 years5.555.35
4 years5.905.70
5 years6.155.95

* Interest paid at maturity or annually.

Try our Term Deposit Calculator

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Money pile smallTerm Deposit Reviews

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We are in an economic downturn so I would rather be invested at a lower rate with RaboPlus than any where else at this point because I believe this to be the safest place to sit tight during this time of uncertanty. I am with Joe and the other RaboPlus supporters. Cheers!

Reviewer:Vicky

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easy to set up and excellant safe rates

Reviewer:Liz HILLIAR

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I love the fact that your term deposits are available for small time investors like me. $1000 is a lot easier for me to find and invest than $5000 or $10,000. It may not seem much to the big boys, but it makes it exciting for me to be able to say that I have my money invested.

Reviewer:Nicola

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