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.
Bank 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 - Deposits
    Q: IIs there any term deposit where interest is paid monthly?

    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

    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

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

    Crawford, Murray from New Zealand
  • Kiwibank - Deposits - Kiwibank 5 Year Term Deposit Rate
    Q: Hello there, I am about to get approximately NZ$200k and I'm wondering how much I would monthly cash out in a quite safe investment. I appreciate any information Have a good day! Leo

    Leonardo from João Pessoa, Brazil
  • BNZ - Savings - BNZ Rapid Save Account
    Q: What is the interest rate after ,say 3 x withdrawls in the same month ?

    Steve Gallon from Masterton, New Zealand
  • Westpac New Zealand - Deposits
    Q: with the income being very important, from interest earned by my mothers investments, do you see interest rates lifting in the next 6-12 months

    jenny from New Zealand
  • Heartland Bank - Deposits - Heartland Bank 3 Month Term Deposit Rate
    Q: I am Egyptian, and now I live and work in Malaysia and I want to invest the amount in US dollars for a period of 3 months What are the steps for it.

    Ashraf from Kajang, Malaysia
  • Citibank New Zealand
    Q: I am currently working in the UK but do a monthly transfer to my NZ bank, however my n=bank has advised me that if I use cicy bank for the transfer it is cheaper. How do I ensure that when my money reaches NZ it is transferred to my account by citibank Regards Ann Carey

    ann carey from Dagenham, United Kingdom
  • Citibank New Zealand
    Q: i am in NZ from aus. Does citibank have any branches or affiliated banks in nz that i can transfer funds from my aus a/c to NZ? ta, Ashok

    ashok from Auckland, New Zealand