Term Deposit - RaboPlus New Zealand

Home > Term Deposits

Term Deposits

  • All Term Deposits from $1000+
  • Large range of terms (1mth - 5yrs)
  • Auto reinvest on maturity option

As the kiwi offshoot of the Netherland's largest bank, we're a bit down about coming so close to winning the World Cup. The team put in a superb effort, but it wasn’t quite enough. So to lift our spirits, we've arranged a win for you instead – a special Term Deposit rate of 5.30% p.a. for 6 months. It's only available for July so make sure you open an account now.

learn_more.gif applynow.gif

Term Deposits

Our Term Deposit Rates

Interest Rate (%p.a.)
TermStandard Interest*Interim Interest
1 month3.25N/A
3 months3.60N/A
6 months5.30N/A
9 months5.35N/A
1 year5.605.40
15 months5.355.15
18 months5.405.20
2 years5.505.30
3 years6.005.80
4 years6.506.30
5 years6.756.55

* Interest paid at maturity or annually.

Term Deposit Calculator

Term Deposit Features

Our Term Deposits give you the flexibility and security you need when locking your money away for a set period of time. Key features include:

  • $1000 minimum deposit

  • Funds deposited with New Zealand's safest bank

  • Automatically reinvest Term Deposits on maturity

  • Receive interest on a monthly basis (1-5 year terms only)

 Term Deposit features

Compare Our Six Month Rate

InstitutionAmount6 Months
RaboPlus$1,000+5.30
ANZ$10,000+4.90
ASB$10,000+4.90
BNZ$10,000+4.00
Kiwibank$10,000+4.50
NBNZ$10,000+4.90
Westpac$10,000+4.25

interest.co.nz as at 26th July 2010
RaboPlus term deposit interest rates are the current rates.


Term Deposit Reviews

Star Star Star Star Star
You've rated us 3 out of 5

Star Star Star Star Star

I love your current 6 month Term Deposit rates. Very easy to setup a new term deposit. Great stuff.

Reviewer: Andrew

Star Star Star Star Star

Your TD rates are very competitive but we are really looking for a Term Pie. Any chance that you will be getting into this in the near future?

Mike Heath: Susan to be honest, until recently when we resumed offering very attractive TD interest rates, we felt there was not going to be much demand for PIE TDs from us unless we were able to offer competitive rates. We are currently reviewing our position on this. Regards Mike

Reviewer: Susan

Read more reviews