tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Monday, June 16th, 6:23PM

Investments

rss
Latest Headlines

BNZ offers 4% term deposit rate

BNZ has introduced a two-year deposit rate special of 4%.

Monday, November 21st 2016, 9:58AM 1 Comment

Acting director of retail and marketing David Bullock said it was the first time in more than a year that a two-year term deposit rate from a major bank had been available at that level.

« Good news for LibertyHow FEI Investments reinvented itself »

Special Offers

Comments from our readers

On 14 December 2016 at 1:57 pm Murray Weatherston said:
Clever marketing. But is it misleading?

When you check the fine print, the 4.0% interest is payable at maturity.

My trusty HP12C tells me the equivalent rate compounded quarterly is only 3.87% p.a. which is still high for the times but not quite as sexy as a 4 figure.

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Today's Best Bank Rates
Rabobank 5.25  
Based on a $50,000 deposit
More Rates »
News Bites
Latest Comments
  • Generate funds new home loan business
    “What is the obsession with NZ based Fund Managers finding some way in which to expose their KS members money to the NZ property...”
    3 days ago by Ponderer
  • FMA tells commerce minister CoFI is essential
    “It would appear the Dosh relationship is demonstrating the valid perversion of the advice rules. If its scoped and accepted...”
    4 days ago by JPHale
  • Generate funds new home loan business
    “Great news Generate. The so-called pillars of the community, mainly Australian banks, are milking New Zealand citizens. I’m...”
    6 days ago by John Milner
  • Fisher Funds set to be biggest KiwiSaver PE player
    “Obviously not reading the same stuff I am https://www.wsj.com/finance/investing/moodys-sounds-alarm-on-private-funds-for-individuals-8cd268c5?st=JFR7tp&reflink=desktopwebshare_permalink https://blogs...”
    6 days ago by P Urbani
  • Familiar names take top ethical investing awards
    “At a time when investment advice demands more than surface-level understanding, Carey Church and the Moneyworks team continue...”
    8 days ago by Pragmatic
Subscribe Now

Deposit Rates newsletter

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com