KIWI BANK TERM DEPOSITS
Kiwi Bank Term Deposits (Savings Account)
        
With Kiwibank Term Deposits you earn a fixed rate of interest for a fixed term. There are no fees unless you break the term so there is a greater incentive to save. The more you have in the account, the higher the interest rates and the longer the term, the higher the rates. This account is serious for those who are committed to saving.
Location: New Zealand
Account Name: Term Deposits
Advantages:
1. Choose your term from 30 days to 5 years - the term you select will affect the interest rate you receive
2. Kiwi Bank accept term deposits from $1,000 to $1 million - the amount you deposit also affects the interest rate you receive
3. When you invest for 1 year or longer you can choose to have your interest paid monthly or quarterly into any New Zealand bank account.
4. When your term ends, Kiwi Bank will reinvest or transfer your money depending on your instructions. You can change your maturity instructions as many times as you like during the investment term.
5. $5,000,000 Maximum deposit.
Disadvantages:
1. You will only earn interest when you term has reached maturity.
2. You must be a New Zealand resident and over 18.
Services:
An online question-answering service.

Interest APY: 2.00%-6.25%Interest Gross: 6.25%
Interest Paid: MaturityMinimum Income: Apply for details
Overdraft Rate: N/A
Banking Charges: $0.00
Service Charges: $0.00
Account Access: Online, Branch, Phone
Withdrawal Access: Maturity

Free Banking: YesDebit Card: No
Cheque Guarantee Card: NoStanding Orders: Yes
Direct Debits: NoOverdraft Facility: No
Account Manager: No

Conditions:
You must be over the age of 18 years old
Features:
Flexible term deposits: choose between 30 days or 5 Years.
Introductions and Offers:
N/A
Terms and Conditions:
Maximum deposit $5,000,000 per customer.
        
REVIEWS
Kiwi Bank Term Deposits (Which Way To Pay NZ - 15/8/2013)
Kiwi Bank Term Deposits is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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