With a Term Investment account, you choose how long you want to put your money away for and your interest rate will be fixed until the end of the term, so you can grow your savings without any effort!

Term Investments

Maximise your return with 6.10% p.a. for 12 months.

Term investment

6.10 % p.a.

for 12 months

View rates

Conditions apply. Min deposit $1k.

Key features

At a glance

Choose your term and know exactly what your return will be (min. deposit $1,000).

Open, manage and get maturity alerts for your Term Investments in Online Banking.

Open multiple investments with staggered maturity.

Term investments interest rates
Term $1,000 + (% p.a.)
Term 30 Days $1,000 + (% p.a.) 2.65% p.a.
Term 60 Days $1,000 + (% p.a.) 3.00% p.a.
Term 90 Days $1,000 + (% p.a.) 4.25% p.a.
Term 4 Months $1,000 + (% p.a.) 4.25% p.a.
Term 5 Months $1,000 + (% p.a.) 4.80% p.a.
Term 6 Months $1,000 + (% p.a.) 5.90% p.a.
Term 9 Months $1,000 + (% p.a.) 5.90% p.a.
Term 12 Months $1,000 + (% p.a.) 6.10% p.a.
Term 18 Months $1,000 + (% p.a.) 5.80% p.a.
Term 2 Years $1,000 + (% p.a.) 5.50% p.a.
Term 3 Years $1,000 + (% p.a.) 5.30% p.a.
Term 4 Years $1,000 + (% p.a.) 5.20% p.a.
Term 5 Years $1,000 + (% p.a.) 5.10% p.a.

Updated 25 June 2024. Interest is credited every six months or on maturity, whichever is earlier.

Open a Term Investment account online

We want to make banking with us easy. If you're already a TSB customer and you'd like to open a new Term Investment account, simply log into Online Banking and follow the four easy steps below. If you're not a TSB customer, you can message us to get started.

Open a Term Investment

  1. Login to Online Banking and click “Apply” in the left-hand menu.
  2. Select “An account” then choose “Investment”.
  3. You’ll then be asked to confirm the details of your investment.
  4. Review and agree to the terms and conditions, and you’re all set!

Setting up alerts

You can get alerted when your investment is maturing. Simply log into Online Banking and click 'Settings > Alerts' to set up account alerts.

More information

On term investment options

Compounding rates

Watch your investment grow and earn interest on your interest! When your interest is paid, you can choose to compound it and add it to your Term Investment.

Want to invest over $1 million?

If you’re looking to invest over $1 million, please contact us for a specific rate.

Withdrawing your term investment early

With a Term Investment, you’re agreeing to invest your funds for a fixed term. If you need to access these funds before the end of your term, you can request an early closure or partial withdrawal. If we agree to your request, the interest payable on your investment will be reduced. No interest will be payable on funds invested for less than 30 days.

Open a Term Investment

Important information