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GrowPay Term Deposit
GrowPay offers you a wide range of Term Deposits.
Term Deposits provide fixed interest rates for different terms. Choose a term length that fits your needs, and your savings will grow with guaranteed interest.
Current Term Deposit Rates
Current Term Deposit Rates (No fees apply)
Term
NZD Rate p.a%
5 years
4 years
3 years
2 years
18 months
12 months
9 months
6 months
4.40%
4.40%
4.40%
4.50%
4.50%
4.60%
4.70%
4.50%
How to Apply
Provide a quick and convenient cash injection to keep your business operating smoothly.
Step 1
Sign up online with GrowPay and open your Super Saver Account
Step 2
Complete a simple online form and identity verification.
Step 3
Deposit the amount you wish into your Savings account.
Step 4
You'll automatically start earning interest.
Confirmation
We confirm the service provided We only partner with service providers that are banks or non bank deposit takers that are regulated by the Reserve Bank of NZ
FAQ
Still have a question?
1. What term deposits does GrowPay Finance offer?
We offer fixed term Secured Term Deposits in both New Zealand Dollar (NZD) and Australian Dollar (AUD) currencies.
2. How can apply for a term deposit?
Any individual, company or trust may apply for an GrowPay term deposit. We are required by law to obtain from each applicant information as to your personal details (i.e. identification, address and taxation status).
3. What is the minimum and maximum investment size of investment?
The minimum investment amount is NZ$2,500 or AUD$2,500 (as relevant). There is no maximum investment amount. What is the minimum investment term? Investments can be selected from a minimum of 6 months up to a maximum of 5 years.
4. Does GrowPay offer special rates for larger investments?
Yes, we offer special rates for investments of $100,000 and over. Please contact us if you would like more information.
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