4/10/2022

Term Deposit Interest Rates Nz

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Get the best interest rates for your term deposit using the finance.co.nz comparison tool. We're 100% independent so start comparing today! NZ interest rates forecast: Term deposit interest rates today. As if one needed any more proof, take a look at the following graph of 1-year NZ bank term deposit savings/investment rates in New Zealand from January 2008 to April 2020, a time span of 12 years. Redeemable shares are issued for a fixed term and carry the right to a fixed dividend (which is like interest on a term deposit) and are redeemed at the expiry of the fixed term. The redeemable shares also carry membership voting rights at building society meetings. They cannot be traded on the stock exchange like ‘shares’ in a listed company.

What you need to know about Heartland Deposits

Term Deposit Interest Rates Nz

Term Deposit Interest Rates Nz 1

Rates

  • These rates are subject to change without notice. Minimum term deposit investment $1,000. Maximum $5,000,000.

  • Interest accrues and is payable daily in arrears on the principal amount of any unarranged overdraft on a transactional account or a savings account at Heartland Bank's prevailing interest rate for unarranged overdrafts, currently 26.70% p.a. This interest may be debited by Heartland Bank to the relevant overdrawn account and then immediately forms part of the prinicipal amount of the unarranged overdraft.

  • For further details about Heartland Deposits see Heartland Bank's Disclosure Statement and Product Fact Sheets that are available here or by calling 0800 85 20 20.

  • Savings and transactional interest rates apply to the full daily account balance and interest is credited monthly.

What you need to know about the Heartland Term and Cash PIE Fund

Rates

  • For details of the Heartland Term and Cash PIE Fund offer refer to the current Heartland Term and Cash PIE Fund Product Fact Sheet. Call 0800 85 20 20 or click here to obtain a copy.

  • Minimum investment for the Heartland Term and Cash PIE Fund is $1,000. Rates subject to change without notice.

  • The Heartland Term and Cash PIE Fund does not have a credit rating. Heartland Bank has a credit rating of BBB (Outlook Stable) from Fitch Ratings. Heartland Bank's credit rating is only relevant insofar as the Heartland Term and Cash PIE Fund invests in Heartland Bank. For more information on Heartland Bank's credit rating, click here.

  • The manager of the Heartland Term and Cash PIE Fund is Heartland PIE Fund Limited, a subsidiary of Heartland Bank.

  • No other person (including Heartland Bank) guarantees the obligations of the Heartland Term and Cash PIE Fund.

Rates

Rates are subject to change. Terms and conditions are available here.

Rates

Best Term Deposit Interest Rates Nz

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