Westpac Term Deposit Rates Nz

You can find all of our latest term deposit rates by clicking here.

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Nz Term Deposit Rates

Westpac Live will be available to update Term Deposits from 8:00am to 9.30pm on a Business Day and 8:00am to 4:00pm Saturdays (Sydney time) 3. Customers must be registered for online banking and business network users must have term deposit entitlements turned on to be able to open or renew online on behalf of their business network. Depositrates.co.nz has compiled a table comparing the rates on offer both from call funds and also from ones which have a fixed term. The table has the advertised rate, then the effective gross rate for 33% and 39% taxpayers. Westpac offered the 2.79 per cent rate out to two years fixed. Said customer money did not just come from term deposits - rates paid on other accounts would affect the rate at which they would. Westpac Life variable interest: includes a standard variable base rate plus a variable bonus rate.To earn the variable bonus interest you must make a deposit to your Westpac Life account, ensure the account balance is higher at the end than the beginning of the month and keep the account balance above $0.

Which Bank Has The Best Term Deposit Rates

We offer a range of terms from 30 days to 5 years to suit your investment goals and your lifestyle. We also offer a choice of interest payment frequencies to supplement income, or returns can be compounded to grow your savings faster.

Westpac Nz Term Deposit Rates 2019

You can also look at our current Term PIE Fund, which may offer a better after-tax return for you if you're on the top income tax rates of 30% and 33%.

Investments made in the Westpac Term PIE Fund do not represent bank deposits or liabilities of Westpac New Zealand Limited or any other member of the Westpac group of companies, and are subject to investment and other risk. No Westpac company or any person guarantees the Westpac Term PIE Fund's performance, returns or payment of capital. You can get a copy of the current Disclosure Statement for Westpac New Zealand Limited, and a copy of the term sheet for the Westpac Term PIE Fund from any Westpac branch in New Zealand free of charge. Rates of return quoted are subject to change and are not available to financial institutions. Full details of the terms and conditions are available from any Westpac branch in New Zealand.