12 Month Term Deposit Rates NZ 2026

12 month term deposit rates NZ 2026: Compare the most popular 1-year rates from all NZ banks. Government guaranteed, updated daily. Find the best annual term deposit rates today.

Highest 12-Month Rate

Current best rate across all banks

3.57%

12-Month Term Deposit Rates

Compare rates from all NZ banks

Bank Rate Interest Paid
Rabobank 3.57% 3.60%
Westpac 3.55% At maturity, monthly or compounding
BNZ 3.55% At maturity
ANZ 3.50% Quarterly, six monthly
Co-operative Bank 3.50% 3.50% p.a.
Kiwibank 3.50% At maturity
Kiwibank 3.50% At maturity
ASB 3.45% 3.45% p.a.