Term deposits
3.45% p.a. for
6 months*
Grow your money with a Unity term deposit. Choose your investment period and apply online today.
Term deposits
3.45% p.a. for
6 months*
Grow your money with a Unity term deposit. Choose your investment period and apply online today.
Term deposits
Term deposits aren't just a smart financial choice, but a great way to start your financial journey without the temptation to dip in! Watch your money grow from as little as $1,000 (or $500 for under 18's) today.
Interest rates
| Term | Investment rate* |
| 1 month | 1.80% p.a. |
| 2 months | 1.80% p.a. |
| 3 months | 2.90% p.a. |
| 4 months | 3.00% p.a. |
| 5 months | 3.10% p.a. |
| 6 months | 3.45% p.a. |
| 9 months | 3.40% p.a. |
| 12 months | 3.35% p.a. |
| 18 months | 3.50% p.a. |
| 24 months | 3.55% p.a. |
| 36 months | 3.55% p.a. |
| 48 months | 3.55% p.a. |
| 60 months | 3.55% p.a. |
- Choose your investment period
- Interest is calculated on a daily basis
- Interest can be paid at regular intervals (monthly or quarterly) or on maturity to any account of your choice.
- Investors are advised of their options prior to maturity
- Maximum deposit is $1.5 million per member
- Minimum deposit is $1,000 for members and $500 for members under 18 years old
- Unity term deposits are protected by the Depositor Compensation Scheme
- These are indicative rates only and may be subject to change without notice
As published on interest.co.nz as at 25 February 2026.
Ready to invest with us?
If you are already a Unity member then you can apply for a term deposit through your internet banking. If you don't already have access to Internet Banking, you can register here.
Making an early withdrawalUnity may approve an early withdrawal of funds from a term deposit. If approved, members are only eligible for one withdrawal per investment per term. Early redemptions incur a penalty interest rate which will be the advertised rate at the time the investment was opened, minus 2%. For example: if funds are invested for 12 months at 6.00% p.a., but redeemed early, the interest rate would be 4% (calculated at 6.00% - 2% penalty = 4%). |
Frequently asked questions
What is a term deposit and how does it work?
Whether you're saving for a car or retirement, fixed investment is a great way to earn returns. Keep reading to find out how they work and why they're a good way to save.
Term deposits or savings?
Term investments? Savings accounts? Which is best? If you're struggling to choose, we've got you covered. Keep reading as we compare the two most popular ways to save.
Are term deposits worth it?
If you want to start saving, you're in luck. There's an option to suit all styles. So why should you consider a fixed deposit? Read on as we explore why they're a safe financial bet.
Helpful investment guides
Everything you need to know about term deposits
Whether you're saving for a big-ticket item or retirement, a term deposit is a great way to save. Click through as we fill you in on everything you need to know about this high-earning investment option.
Saving for retirement? Try these five strategies
With spare change hard to come by, it can be tough to set money aside for your nest egg. Keep reading as we share five great savings strategies that'll help make your latter years some of your best.
Four investment tips that'll boost your retirement savings
Retirement is an exciting time for any Kiwi. Or, it should be. If like most Kiwis you're struggling to save, don't give up. Instead, click through for some great ways to supercharge your retirement savings.
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