Reach your savings goals
Interest Calculated Daily
Flexible and competitive interest calculated on a daily basis. Just watch your investment grow.
Maturity Options
You can arrange to get paid interest at regular intervals (conditions apply) or on maturity to any account of your choice*
Term Length to Suit You
Choose a term that fits with the amount of time you have to invest; from 90 days to 60 months.
NZCU Term Deposit notes
- *You are advised of your options prior to maturity, including reinvesting for a further term
- The Credit Union is not rated because it is operating under an exemption from the Reserve Bank of New Zealand Act 1989 to have a credit rating
- Money from term deposits is invested into your local community to help New Zealanders succeed together.
Term Deposit Rates
Effective: 5 July 2022
(Rates subject to change without notice; rates for other terms on request)
* Interest paid or compounded quarterly
Term | $500 – $9,999 | $10,000 – $500,000 |
---|---|---|
3 months | 1.50% p.a. | 1.50% p.a. |
6 months* | 2.90% p.a. | 2.90% p.a. |
9 months* | 2.95% p.a. | 3.10% p.a. |
12 months* | 3.05% p.a. | 3.75% p.a. |
18 months* | 3.45% p.a. | 3.85% p.a. |
24 months* | 3.65% p.a. | 4.10% p.a. |