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Grow Your Savings in Just 120 Days with GrowPay Savings!

Whether surplus short term cash from harvest or packhouse receipts, building a healthy savings habit can help underpin overall profitability. With GrowPay Savings, optimize your finances and build your balance sheet.

120 Days

*Rates valid from 1 February 2025 - Advertised rates are subject to change without notice

6.25%*

120 days notice saver

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.

Disclosure

GrowPay has partnered with Xceda Finance Limited to offer competitive interest rates and a range of financial products. Xceda Finance Limited is a licensed Non-Bank Deposit Taker (NBDT) regulated by the Reserve Bank of New Zealand under the Non-Bank Deposit Takers Act 2013. Xceda is the issuer of the term deposit products offered through GrowPay.

The latest Product Disclosure Statement (PDS) can be accessed at www.xceda.co.nz/term-deposits.

Xceda Finance Limited has been assigned a credit rating of 'B Stable' by Equifax Australia Credit Rating Pty Ltd, a Reserve Bank-approved rating agency under section 86 of the Non-Bank Deposit Takers Act 2013.

FAQ

Still have a question?

1. What is a 120-Day Deposit?

A 120-Day Deposit is a savings option with a fixed interest rate for a four-month term.

2. Can I withdraw funds before the 120 days are over?

No, early withdrawals are not allowed. Funds remain locked in for the full 120 days.

3. How and when is interest paid on the 120-Day Deposit?

Interest is paid at the end of the 120-day term.

4. Can I extend or renew my 120-Day Deposit?

Yes, you can extend or renew your 120-Day Deposit at the end of the term if you choose.

Considering a loan but have some questions?  We understand!

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