Term Deposit Calculator - RaboPlus New Zealand

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Term Deposit Calculator

Use our Term Deposit Calculator to find out how fast your money can grow in a RaboPlus Term Deposit...

About RaboPlus Term Deposits...

Lock your money away in a Term Deposit with New Zealand's safest bank and sleep sound knowing your money is in the safest of hands. RaboPlus Term Deposits offer these very attractive features:

  • Minimum deposit only $1000
  • Large range of terms
  • No Fees
  • Auto reinvest option
  • No need to switch banks
  • 24/7 online access
  • Transfer funds securely online
  • Interim Interest Payments - Choose to receive monthly, quarterly or six-monthly interest payments and receive regular income at a fixed rate over the longer term.
  • Easy access to On-call Savings & Managed Funds
  • Funds deposited with NZ's safest bank
Interest Rate (%p.a.)
TermStandard Interest*Interim Interest
1 month3.25N/A
3 months3.45N/A
6 months4.00N/A
1 year5.154.95
2 years5.505.30
3 years6.005.80
4 years6.506.30
5 years6.756.55

* Interest paid at maturity or annually.
RaboPlus rates are the current rates

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Disclaimer
This calculator is a useful tool to show how regular savings may assist you in obtaining your financial goals. The information provided does not represent a quote and provides an indication only. The calculator does not take into account your individual investment objectives, financial situation or investment needs and you should assess whether this information is relevant and appropriate to your individual circumstances before making any investment decision. The calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product and you should consider obtaining advice from a financial adviser before making any financial decisions.

Although Rabobank considers the assumptions used to be reasonable, they are subject to limitations. The results shown by the calculator are a guide only. Rabobank and its officers, agents, representatives and employees accept no responsibility for any reliance on the calculator or conclusions reached by you in using the calculator. The calculator requires you to insert your starting savings amount, a regular savings amount, how often you will save and an interest rate in order to derive the total amount you intend to save, the amount invested and the interest earned over that time period. These factors will vary the results that you will receive. These calculations do not take into consideration your individual financial circumstances, earning potential and potential to make the ongoing savings, the impact of taxation or changes to an individual's cost of living. Limitations to the calculations apply. Do not include or account for future changes to taxation, legislation and other economic conditions or changes in inflation or interest rates. The calculator assumes that all returns are calculated daily, paid monthly and reinvested for the term specified. A default term of three years has been selected to provide an example only. The default interest rate is as an example only and may differ to the interest rate actually paid by RaboPlus. These factors will vary the results that you will receive.

The formulae used within this calculator may change without notice.