New Zealand term deposits & investments


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

Our competitive 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 term deposits in our helpful guides and information section.

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


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

12 Month Term Deposit, New Zealand

4.20% p.a.*

Open a serious saver account

for 12 month term

24 Month Term Investment, New Zealand

4.30% p.a.*

Open a Retirement saver account

for 36 month term

Investment interest rates

Term   Investment rate 
1-2 months 1.50% p.a.
3 months 3.10% p.a.
4 months 3.30% p.a.
5 months 3.50% p.a.
6 months 3.90% p.a.
9 months 3.95% p.a.
12 months 4.20% p.a. (Limited time)
18 months 4.25% p.a.
24 months 4.30% p.a.
36 months 4.30% p.a.
48 months 4.40% p.a.
60 months 4.50% 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 Where a term deposit is withdrawn prior to the maturity date, the applicable interest rate will be reduced by up to 2%.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%.


Apply now

Helpful guides and information

Are term deposits worth it?

If you’re a Kiwi looking to save, then you’re in luck: you’re positively spoiled for choice. So out of these options, why should you consider a term deposit? And what makes it a great option for New Zealanders saving for anything from a rainy day to retirement? Read on as we explore the benefits a term deposits offers you and your finances.

More on ‘Are term deposits worth it?’


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 on your savings as you do? Whether you’re saving for a car, holiday, a home or retirement, a Term Deposit investment is an easy, risk-free way to earn great rates on your savings. Find out a Term Deposit investment is, how it works, and why it could be the perfect way for you to invest. 

More on 'What is a term deposit and how does it work?'

term investment return

What return can I expect on a term deposit?

Credit Unions currently offer some of the highest returns on investment, 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 what these rates mean for you, and how much you can expect to make with the high fixed rate of a Term Deposit Investment.

More on 'What investment return can I expect on a term deposit?



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


^Source: as published on as at 25 July 2017. 

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