ANZ Term Deposits
Grow your savings by investing with a fixed interest rate for the length of time you choose (minimum investment $10,000).
Benefits
Term deposit rates
Rates are effective as of — and subject to change. Minimum investment $10,000.
Rates apply up to the first $5,000,000 held by the customer in all term deposits with ANZ and are only available to Retail and Business Banking customers. For all other rates, please contact us.
Rate | |
|---|---|
30 days | —— |
60 days | —— |
90 days | —— |
120 days | —— |
150 days | —— |
180 days | —— |
210 days | —— |
240 days | —— |
270 days | —— |
1 year | —— |
18 months | —— |
2 years | —— |
3 years | —— |
4 years | —— |
5 years | —— |
Need more information?
What could your return be?
Use our term deposit calculator to find out how your savings can grow.
How it works
Choose how long you want to invest for (the term of the investment) and you’ll know exactly how much your return will be.
Before investing, think about whether you’ll need access to your money - with a term deposit, you shouldn’t expect to access your money before the maturity date. If you might need access, our ANZ Business Premium Call account may be more suitable for you.
Your interest
For investment terms of 180 days or more, interest can be:
- paid at regular intervals (monthly, quarterly, six monthly or annually).
- paid at the end of the term.
- reinvested (quarterly, six monthly or annually).
It’s your choice.
Other terms are paid or reinvested at maturity.
7 day 'cooling off' period
For Retail and Business Banking customers you will have a 7 calendar day 'cooling-off' period, starting on the day that we open or reinvest your term deposit for you. During this time, you can cancel your term deposit, change the investment term or change the amount of your investment.
Early withdrawals
Your investment is locked in until the end of your term – this helps you save and protects you from changes in interest rates.
If you need the money you invested in a term deposit, you can request an early withdrawal. You'll need to either:
- Tell us if you're suffering from financial hardship (businesses with total ANZ deposits of $2m or more will not qualify for early withdrawal on the grounds of hardship).
- Give us 31 days notice of the withdrawal.
If we agree to the early withdrawal, we’ll reduce your rate by —% per annum on the amount you withdraw (your return will not go below 0%).
Fees
- No fees to open a term deposit.
- No monthly account maintenance fees.
- No management fees.
How to apply
From overseas: +64 9 523 7220
Related products
Help and support
Important information
A copy of the General Terms and Conditions is available from any ANZ branch.
Our Disclosure Statement under the Banking (Prudential Supervision) Act 1989 is available on our investor information page or ask for a copy at any ANZ branch, free of charge.
Term deposits with ANZ are not deposits or liabilities of Australia and New Zealand Banking Group Limited. Australia and New Zealand Banking Group Limited does not stand behind or guarantee ANZ Bank New Zealand Limited.
Australian Prudential Regulatory Authority (APRA) regulates all Authorised Deposit Taking Institutions (ADI) in Australia. Australia and New Zealand Banking Group Limited is an ADI however ANZ Bank New Zealand Limited is not an ADI.
Cooling-off period: If you cancel your term investment during your cooling-off period, we won’t pay you any return you may have earned during that period. If you change the term or amount of your investment during your cooling-off period, a different rate of return may apply.
Our financial advice provider statement has some important information you should know about ANZ and our financial advice services. Please take the time to read it.