Rates provided by Good returns.
Last updated Tue 06 January 2009.

Term deposit rates

We provide the latest term deposit rates from banks and a range of other institutions. And before you invest, check out our full guide to term investments.

Rates for $5,000

Company	Rating^A	3 month return	1 year return	2 year return	3 year return
Allied Nationwide Finance	NR	-	7.75%	9.00%	9.00%
ANZ National	AA (S&P)	5.00%	6.10%	6.10%	6.10%
ASB	AA (S&P)	4.00%	4.00%	4.00%	4.00%
Baywide	NR	8.25%	8.00%	-	-
BNZ	AA (S&P)	4.50%	5.00%	5.00%	5.00%
CBS	NR	5.25%	5.25%	5.00%	5.00%
CU Forestlands	NR	7.00%	9.25%	8.35%	-
CU Hamilton	NR	8.35%	8.95%	8.30%	-
CU Mt Maunganui	NR	8.45%	9.15%	9.15%	-
Equitable Mortgages Limited	BB+ (S&P)	7.00%	7.45%	7.60%	8.20%
Fisher and Paykel Finance	NR	6.00%	6.50%	7.00%	7.25%
Kiwibank	AA- (S&P)	5.00%	5.20%	5.30%	5.40%
Loan and Building Society	NR	8.70%	8.40%	8.00%	8.00%
MARAC	BBB- (S&P)	6.00%	6.50%	7.00%	7.50%
Mascot Finance	NR	9.25%	10.25%	10.50%	10.50%
Nelson BS	NR	7.75%	7.75%	7.50%	7.50%
North South Finance	NR	-	10.25%	10.65%	10.55%
PGG Wrightsons Finance Limited	NR	5.60%	6.20%	6.45%	7.20%
PSIS	BB+ (S&P)	5.00%	5.00%	5.00%	5.00%
Rabobank	AAA (S&P)	4.70%	4.00%	4.10%	4.25%
SBS	BBB (Fitch)	5.60%	5.60%	5.80%	5.80%
South Canterbury	BBB- (S&P)	6.00%	6.50%	6.75%	7.75%
Southern Cross	NR	5.00%	5.50%	5.50%	5.50%
Speirs	NR	8.75%	9.85%	10.25%	10.00%
TSB	BBB (S&P)	4.75%	4.75%	5.25%	5.25%
UDC	AA (S&P)	5.15%	4.60%	4.25%	3.85%
Westpac	AA (S&P)	4.00%	6.00%	6.00%	6.00%

Rates for $10,000

Company	Rating^B	3 month return	1 year return	2 year return	3 year return
Allied Nationwide Finance	NR	-	7.75%	9.00%	9.00%
ANZ National	AA (S&P)	7.00%	6.60%	6.50%	6.50%
ASB	AA (S&P)	5.00%	5.50%	5.50%	5.50%
Baywide	NR	8.25%	8.00%	-	-
BNZ	AA (S&P)	4.10%	4.40%	4.60%	4.70%
CBS	NR	5.25%	5.25%	5.00%	5.00%
CU Forestlands	NR	7.00%	9.25%	8.35%	-
CU Hamilton	NR	8.40%	8.95%	8.30%	-
CU Mt Maunganui	NR	8.45%	9.15%	9.15%	-
Equitable Mortgages Limited	BB+ (S&P)	7.00%	7.45%	7.60%	8.20%
Fisher and Paykel Finance	NR	6.00%	6.50%	7.00%	7.25%
Kiwibank	AA- (S&P)	5.50%	5.20%	5.50%	5.50%
Loan and Building Society	NR	8.70%	8.40%	8.00%	8.00%
MARAC	BBB- (S&P)	6.00%	6.50%	7.00%	7.50%
Mascot Finance	NR	9.25%	10.25%	10.50%	10.50%
Nelson BS	NR	7.75%	7.75%	7.50%	7.50%
North South Finance	NR	-	10.25%	10.65%	10.55%
PGG Wrightsons Finance Limited	NR	5.80%	6.40%	6.65%	7.40%
PSIS	BB+ (S&P)	5.60%	5.25%	5.50%	5.50%
Rabobank	AAA (S&P)	4.70%	4.00%	4.10%	4.25%
SBS	BBB (Fitch)	5.60%	5.60%	5.80%	5.80%
South Canterbury	BBB- (S&P)	6.00%	6.50%	6.75%	7.75%
Southern Cross	NR	5.00%	5.50%	5.50%	5.50%
Speirs	NR	8.75%	9.85%	10.25%	10.00%
TSB	BBB (S&P)	5.25%	5.25%	5.50%	5.50%
UDC	AA (S&P)	5.15%	4.60%	4.25%	3.85%
Westpac	AA (S&P)	6.90%	6.75%	6.50%	6.50%

Rates for $50,000

Company	Rating^C	3 month return	1 year return	2 year return	3 year return
Allied Nationwide Finance	NR	-	7.75%	9.00%	9.00%
ANZ National	AA (S&P)	7.00%	6.60%	6.50%	6.50%
ASB	AA (S&P)	5.00%	5.50%	5.50%	5.50%
Baywide	NR	8.25%	8.00%	-	-
BNZ	AA (S&P)	4.15%	4.45%	4.65%	4.75%
CBS	NR	5.25%	5.25%	5.00%	5.00%
CU Forestlands	NR	7.00%	9.25%	8.35%	-
CU Hamilton	NR	8.45%	8.95%	-	-
CU Mt Maunganui	NR	8.45%	9.15%	9.15%	-
Equitable Mortgages Limited	BB+ (S&P)	7.00%	7.45%	7.60%	8.20%
Fisher and Paykel Finance	NR	6.00%	6.50%	7.00%	7.25%
Kiwibank	AA- (S&P)	5.50%	5.20%	5.50%	5.50%
Loan and Building Society	NR	8.70%	8.40%	8.00%	8.00%
MARAC	BBB- (S&P)	6.10%	6.50%	7.00%	7.50%
Mascot Finance	NR	9.25%	10.25%	10.50%	10.50%
Nelson BS	NR	7.75%	7.75%	7.50%	7.50%
North South Finance	NR	-	10.25%	10.65%	10.55%
PGG Wrightsons Finance Limited	NR	5.80%	6.40%	6.65%	7.40%
PSIS	BB+ (S&P)	5.60%	5.25%	5.50%	5.50%
Rabobank	AAA (S&P)	4.70%	4.00%	4.10%	4.25%
SBS	BBB (Fitch)	5.60%	5.60%	5.80%	5.80%
South Canterbury	BBB- (S&P)	6.00%	6.50%	6.75%	7.75%
Southern Cross	NR	5.00%	5.50%	5.50%	5.50%
Speirs	NR	8.75%	9.85%	10.25%	10.00%
TSB	BBB (S&P)	5.25%	5.25%	5.50%	5.50%
UDC	AA (S&P)	5.15%	4.60%	4.25%	3.85%
Westpac	AA (S&P)	6.90%	6.75%	6.50%	6.50%

Rates for $100,000

Company	Rating^D	3 month return	1 year return	2 year return	3 year return
Allied Nationwide Finance	NR	-	7.75%	9.00%	9.00%
ANZ National	AA (S&P)	7.00%	6.60%	6.50%	6.50%
ASB	AA (S&P)	5.00%	5.50%	5.50%	5.50%
Baywide	NR	8.25%	8.00%	-	-
BNZ	AA (S&P)	4.20%	4.50%	4.70%	4.80%
CBS	NR	5.25%	5.25%	5.00%	5.00%
CU Forestlands	NR	7.00%	9.25%	8.35%	-
CU Hamilton	NR	8.45%	8.95%	-	-
CU Mt Maunganui	NR	8.45%	9.15%	9.15%	-
Equitable Mortgages Limited	BB+ (S&P)	7.00%	7.45%	7.60%	8.20%
Fisher and Paykel Finance	NR	6.00%	6.50%	7.00%	7.25%
Kiwibank	AA- (S&P)	5.50%	5.20%	5.50%	5.50%
Loan and Building Society	NR	8.70%	8.40%	8.00%	8.00%
MARAC	BBB- (S&P)	6.10%	6.50%	7.00%	7.50%
Mascot Finance	NR	9.25%	10.25%	10.50%	10.50%
Nelson BS	NR	7.75%	7.75%	7.50%	7.50%
North South Finance	NR	-	10.25%	10.65%	10.55%
PGG Wrightsons Finance Limited	NR	5.90%	6.50%	6.75%	7.50%
PSIS	BB+ (S&P)	5.60%	5.25%	5.50%	5.50%
Rabobank	AAA (S&P)	4.70%	4.00%	4.10%	4.25%
SBS	BBB (Fitch)	5.60%	5.60%	5.80%	5.80%
South Canterbury	BBB- (S&P)	6.00%	6.50%	6.75%	7.75%
Southern Cross	NR	5.00%	5.50%	5.50%	5.50%
Speirs	NR	8.75%	9.85%	10.25%	10.00%
TSB	BBB (S&P)	5.25%	5.25%	5.50%	5.50%
UDC	AA (S&P)	5.25%	4.70%	4.35%	3.95%
Westpac	AA (S&P)	6.90%	6.75%	6.50%	6.50%

Notes:

Credit ratings give an independent opinion of a company's ability to meet its financial commitments in full and on time. Look for a rating that is "investment grade" and from an internationally recognised agency. "Investment grade" ratings are at least BBB- (Standard & Poor's), Baa3 (Moody's), BBB- (Fitch). NR = Not currently rated.
Competitive rates are also available through high interest on-call savings accounts - check our bank accounts database for details.

Important

Like you, we can't predict the future - which means we can't guarantee the performance of any company or investment. Consumers' Institute does not endorse any specific company, scheme or investment. ConsumerSaver is a good starting point - but, before you commit, we strongly suggest you seek independent financial advice. See our full disclaimer.

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