Anz bank nz term deposit rates12/12/2023 There are also targeted support options available for businesses feeling financial pressure. There are a range of options available, and we encourage anyone facing any difficulty or needing support to get in touch with their bank sooner rather than later,” Mr Kelleher said. “In coming months more people will be feeling financial pressure as their fixed home loans roll off. If you need reliable income from your deposit and the assurance that your investment is secure and invested with a major bank, a Term Deposit could be for you. “When reviewing interest rates the bank considers a range of factors, including the impact on customers, the official cash rate and changes in wholesale interest rates and competitor activity. ANZ Term Deposits are a low risk investment that delivers a fixed rate of interest over a fixed investment term. There is no change to fixed home loan rates.Įarlier last week ANZ made changes to term deposit rates, lifting key terms by 0.20%.ĪNZ NZ Managing Director for Personal Banking Ben Kelleher said the bank would continue to take a balanced approached to support customers. The ANZ Serious Saver rate will increase by 0.25% while ANZ’s Floating, Flexible and Blueprint to Build (the discounted floating rate for people building their own home) home loan rate will increase by 0.25%. ANZ Bank New Zealand (ANZ NZ) will increase interest rates on some savings and lending products following the Reserve Bank of New Zealand’s decision to increase the Official Cash Rate by 0.25% to 5.50%.
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