Term Deposits at 4.00% p.a. for 24 months

For competitive term deposit and investment rates, talk to NZCU Baywide today.

Our competitive fixed term deposit interest rates are calculated on a daily basis and interest can be paid at regular intervals or on maturity to any account of your choice.* Learn more about fixed-term deposits in our helpful guides and information section.

  • Choose your investment term
  • Flexible and competitive interest rates calculated daily

Don’t wait

Apply now

NZCU Baywide offers some of the most competitive term investment rates in New Zealand^

12 Month Term Deposit, New Zealand

3.70% p.a.*

Open a serious saver account

for 12 month term

24 Month Term Investment, New Zealand

4.10% p.a.*

Open a Retirement saver account

for 36 month term

Term Deposit Interest Rates

Term   Investment rate 
1 month 1.50% p.a.
2 months 1.50% p.a.
3 months 2.95% p.a.
4 months 3.00% p.a.
5 months 3.25% p.a.
6 months 3.50% p.a.
9 months 3.60% p.a.
12 months 3.70% p.a.
18 months 3.80% p.a.
24 months 4.00% p.a.
36 months 4.10% p.a.
48 months 4.25% p.a.
60 months 4.30% p.a.


> Interest is calculated on a daily basis

> Investors are advised of their options prior to maturity

> Maximum deposit $1 million per member

> Minimum deposit is $1,000 for adults and $500 for children under 18 years old

> These are indicative rates only and may be subject to change without notice

> Where a term deposit is withdrawn prior to the maturity date, the applicable interest rate will be reduced by up to 2%. The applicable interest rate will not reduce below 0%.


Ready to invest with us?

Apply now


Helpful guides and Information


term deposit vs saving account

Term investments vs savings accounts - which is best?

When it comes to saving money, Kiwis like you are spoiled for choice. Term investments? High interest savings accounts? Shares, stocks, or investment property? Take your pick!

It also helps that saving your money is almost always more financially sensible than applying for - and paying off - a loan

This sheer amount of choice is great, but it can also be overwhelming. How do you know you’re choosing the right option? Keep reading as we compare two of New Zealand’s most popular ways to save, and help you find one that’s right for you.

Read More…

Is a fixed term investment worth it?

Are term deposits worth it?

If you’re a Kiwi who has decided to start saving, then you're in luck. In fact, whether you're a risk taker or more reserved, you're positively spoiled for choice! 

With an option to suit most any savings style, you can save for anything from a rainy day through to retirement.

So of these choices, why should you consider a term deposit? And what makes them such a great choice of New Zealanders? Read on as we explore the reasons why a term deposit is the best bet for you and your financial future.



term investment work

What is a term deposit and how does it work?

Do you want to invest in your future and earn high interest, too? It doesn't matter if you're saving for a car, a home, or retirement, a fixed-term investment is an easy, risk-free way to earn great rates on your savings.

Keep reading to find out what these are, how they work, and why they could be the perfect way for you to invest in your future. 

Read more..

term investment return

What return can I expect on a term deposit?

Credit Unions currently offer some of the highest returns on investment in New Zealand, but what does this mean for you, your savings, and the return you can expect to receive from a term deposit?

Read on to find out how much you can expect to make with the high fixed rate of a term deposit investment.

Read more..



Tips and Tricks


Applying for a fixed-term deposit? Our guides will help you through the process.


Saving for retirement? Try these 5 killer savings strategies

With the retirement age on the rise and the amount of spare change in your back pocket dwindling, it can be tough to set some money aside and save for your retirement.

Rather than continuing to put it off to ‘some other day’, read on for our five favourite savings strategies that are sure to help you better invest in your future and live out some of your best years with peace of mind.


4 top investment tips that’ll boost your retirement savings

Retirement is an exciting time in any Kiwi’s life. Or, at least, it should be. If like most New Zealanders you’re finding it difficult to save for your retirement, don’t give up hope just yet.

Whether you’re investing late or saving early, keep reading for some great ways to quickly and easily boost your retirement savings and live your best financial life irrespective of age.


Looking for more info? Check out these other great guides


^Source: as published on www.interest.co.nz as at 1 May 2018. 

The current Credit Risk Statement, Product Disclosure Statement and other disclosure statements are available here or from any of our branches.