New Zealand Interest Rates

The New Zealand economy with a population of 4.4 Million (Est 2010) ranks 60th in the world with a GDP PPP of 115 billion and GDP PPP per capita of 26,670 vs 45,934 (United States) according to the IMF in 2009. Its currency the New Zealand Dollar (NZD) is one of the most traded currency in the world (10th-12th). Bank deposits held for a fixed term in New Zealand are called term deposits. According to CIA.gov its inflation was 4% in 2008 and 2.1% in 2009.

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New Zealand Bank Photos

NZ Banks and Providers

Showing rates for 12 Bank 1 P2P deposit providers in New Zealand.
Provider Branch Founded Ownership
ANZ New Zealand ANZ New Zealand 262 1835 Local
Westpac New Zealand Westpac New Zealand 200 1861 Foreign
BNZ BNZ 180 1861 Foreign
ASB ASB 140 1847 Foreign
Rabobank New Zealand Rabobank New Zealand 32 1994 Foreign
TSB Bank TSB Bank 14 1850 Local
Heartland Bank Heartland Bank 9 1875 Local
HSBC New Zealand HSBC New Zealand 4 Foreign
Bank of Baroda New Zealand Bank Of Baroda New Zealand 3 2009 Foreign
Bank of India NZ Bank Of India NZ 2 2011 Foreign

New Zealand Discussion Activity

  • TSB Bank
    Q: I am Financial Controller for 2 investment companies, These are privately held companies. We have been investing in all the major banks for many years but which to extend our deposits to other banks. Please advise how we can deposit with TSB.

    Reply Dot from Auckland, New Zealand
  • Citibank New Zealand
    Q: I have a Citibank Credit Card from India. I am now in NEW ZEALAND. I have an account with ANZ NZ. Wish to know whether I can make my credit card payment through a wire transfer from NZ. If Yes, pls give me the SWIFT and IBAN Code and other details required to make a wire transfer from my NZ account.

    Reply Shoba from Auckland, New Zealand
  • Deposits
    Q: Is it possible for a non NZ resident to take out a term deposit with BNZ? I am Australian, resident in Australia.

    Reply David from Panania, Australia
  • TSB Bank - Deposits
    Q: Please could you advise the difference between a 1 YEAR Term Deposit Rate and a 12 month Term Investment Rate Thank You

    Reply Nigel from New Zealand
  • BNZ - Savings - BNZ Rapid Save Account
    Q: To make a withdrawal from a rapid save act. Is the last day of the month the best time?

    Reply Barabara from New Zealand
  • BNZ - Savings - BNZ Rapid Save Account
    Q: Is the interest paid monthly?

    Reply Martin from United Kingdom
  • TSB Bank - Deposits
    Q: IIs there any term deposit where interest is paid monthly?

    Reply John from New Zealand
  • BNZ - Savings - BNZ Rapid Save Account
    Q: My daughter has two rapid savings accounts through bnz one is a long term savings account and the other is a short term savings account and I'm wondering what the interest rate is please

    Reply Louise B from New Zealand
  • Citibank New Zealand
    Q: I am visiting NZ from Australia and have a citibank debit card. Can you please advise me of the no fee atm's I could use or the ones with the lowest fees. Thanks Lesley

    Reply Lesley from West End, Australia
  • Loans
    Q: I am interested in the "senior's own your own home loan" details, please

    Reply Crawford, Murray from New Zealand