ANZ Term Deposits

Grow your savings with an investment that gives you a fixed return, for a term you choose (minimum investment $10,000).

Benefits

Term deposit rates

Rate is unavailable

%P.A

180 days
(Approx. 6 months)

Rate is unavailable

%P.A

240 days
(Approx. 8 months)

Rate is unavailable

%P.A

1 year


Rates are subject to change. Minimum investment $10,000.

Rates apply up to the first $5,000,000 held in all ANZ Term Deposits and are only available to Retail and Business Banking customers. For all other rates, please contact us.


Rate

30 days

% p.a.

60 days

% p.a.

90 days

% p.a.

120 days

% p.a.

150 days

% p.a.

180 days

% p.a.

210 days

% p.a.

240 days

% p.a.

270 days

% p.a.

1 year

% p.a.

18 months

% p.a.

2 years

% p.a.

3 years

% p.a.

4 years

% p.a.

5 years

% p.a.


How term deposits works

A term deposit is easy to understand – you choose how long you want to invest (your term) and you’ll know exactly how much your return will be. You shouldn’t expect to access your money before the maturity date with a term deposit.


Your interest

For terms of 180 days or more, interest can be paid at regular intervals (monthly, quarterly, six monthly or annually), at the end of the term or reinvested (quarterly, six monthly or annually) – it’s your choice. Other terms are paid or reinvested at maturity.


7 day ‘cooling off’ period

For Retail and Business Banking customers there is a 7 calendar day 'cooling-off' period starting on the day that we open or reinvest your term deposit for you. During this time you can cancel your term deposit, or change the term or amount of your investment.


Early withdrawals

Your investment is locked in until the end of your term to help you save and protect you from changes in interest rates. If you do need your money after investing in a term deposit, you can request an early withdrawal by giving us 31 days notice or if you're suffering from financial hardship as reasonably determined by us (businesses with total ANZ deposits of $2m or more will not qualify for early withdrawal on the grounds of hardship). If we agree to let you make an early withdrawal, we’ll reduce your interest rate by % per annum on the amount you withdraw (your return will not go below 0%).


Fees

There are no fees to open a term deposit, and no monthly account maintenance or management fees. For Foreign Currency Term Deposits, fees are charged on a per transaction basis. See our Fees and Charges page for more information.


Need more information?

Download our ANZ Term Deposit brochure:


Apply using our online form

How to apply

From overseas: +64 4 470 3142

Other investment options

Other savings accounts

Important information

A copy of the General Terms and Conditions is available from any ANZ branch.

A copy of the Bank's General Disclosure Statement  under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any ANZ branch, free of charge.

Term deposits with ANZ are not deposits or liabilities of Australia and New Zealand Banking Group Limited. Australia and New Zealand Banking Group Limited does not stand behind or guarantee ANZ Bank New Zealand Limited.

Australian Prudential Regulatory Authority (APRA) regulates all Authorised Deposit Taking Institutions (ADI) in Australia. Australia and New Zealand Banking Group Limited is an ADI however ANZ Bank New Zealand Limited is not an ADI.

Cooling-off period:  You have a 7 calendar day ‘cooling-off’ period starting on the day that we open or reinvest your term investment for you. During this time you can cancel, or change the term or amount of your investment. If you cancel your ANZ PIE Fund term investment during your cooling-off period, we won’t pay you any return you may have earned during that period. If you change the term or amount of your investment during your cooling-off period, a different rate of return may apply.

Breaking a term investment: Your funds are invested for a fixed term and there are access restrictions during the term of your investment. You can request an early withdrawal from your investment, but we don’t have to agree to let you withdraw your money early. Early withdrawals may be permitted if you give us 31 days’ notice or if you’re suffering from hardship (businesses with total ANZ deposits of $2m or more will not qualify for early withdrawal on the grounds of hardship) as reasonably determined by us. If you make an early withdrawal, we’ll reduce the return payable on the money you withdraw. The rate of return reduction is % per annum (your return will not go below 0%) on the amount you withdraw.

Our financial advice provider statement has some important information you should know about ANZ and our financial advice services. Please take the time to read it.