Our 7 month term investment special ended 18 April 2017. See or rate table below for all other terms.

 


 


About TSB Bank

We’re different to other banks. We’ve been independent and New Zealand owned ever since we started in 1850 and not having overseas owners means we can make decisions based on what’s best for our customers. Because putting you first is just a better way to bank.

Winners of the 2016 Consumer NZ People’s Choice award for Banking, we came out with an overall satisfaction level of 85% which was well ahead of the big banks.  To achieve the People’s Choice award, a brand must stand out for customer satisfaction. This is the first time a Consumer NZ People’s Choice award has been awarded in the banking category.

No matter where you are in New Zealand, switching to TSB Bank is simple - take out a term investment with us and we’ll take care of the rest.
 


Ask us about a Term Investment 

Changing to TSB Bank is easy, simply fill in your details and we’ll get in touch about options that suit you. To switch your banking to TSB Bank, we’ll do all the preparation for you, including moving your accounts and automatic payments from your current back if you need us to. 

Term Investments

Effective 17/03/2017
Interest rates may be altered at any time. Minimum deposit is $1,000, maximum deposit is $5 million (retail only). Interest is paid six monthly to a nominated bank account, or upon maturity if the term is less than six months. Where the term is expressed in months the interest is calculated on a monthly basis. Breaking the investment early will result in a reduced interest rate. 
Term $5,000 to $9,999 (% p.a.) $10,000 + (% p.a.)
30 Days 1.50 1.50
60 Days 2.00 2.00
90 Days 2.75 2.75
4 Months 3.00 3.00
5 Months 3.00 3.00
6 Months 3.30 3.40
9 Months 3.40 3.60
12 Months 3.55 3.65
18 Months 3.65 3.75
2 Years 3.80 4.00
3 Years 3.85 4.05
4 Years 4.10 4.20
5 Years 4.20 4.30
  • Terms and Conditions

    Offer available 7 April to 18 April 2017. Interest rates may be altered at any time. Minimum deposit is $10,000, maximum deposit is $5 million (retail only). Interest is paid at maturity. Interest is calculated on a monthly basis. Breaking the investment early will result in a reduced interest rate. 

    View our Disclosure Statement or pick up a copy at your nearest branch.  Use of our accounts and services are subject to TSB Bank's General Banking Information. Interest rates for new investments are subject to change at any time. No interest will be payable on funds invested for less than 30 days.