A REFRESHING CHANGE
Interest rates that outperform traditional savings accounts and bank deposits, every day.
You and your deposit come first. Our own capital and the Depositor Compensation Scheme help protect your investment.
Our team brings extensive experience in banking and finance. Your needs are at the heart of everything we do.
We only invest in secured, first-ranking mortgages, and only in NZ. No personal lending. No vehicle lending. No unsecured lending.
Welcome delivers you better returns without compromise.
Terms & Conditions Apply
Choose from a range of fixed rate, secured term deposits that offer regular income, or compound for ease and long-term growth.
Welcome is licensed by the Reserve Bank of New Zealand – Te Pūtea Matua, and the Financial Markets Authority. Your investment is protected by the DCS* — covering up to $100,000 per eligible depositor*.
Choose from a range of fixed rate, secured term deposits that provide regular income at better than bank rates.
If you don't need regular income, you may be able to choose to compound your returns and earn interest on your interest.
Rates are pre-tax and subject to change. T&Cs Apply. The Wholesale PIE Fund is available to wholesale investors only.
*The Depositor Compensation Scheme (DCS) covers eligible depositors up to $100,000 if your deposit taker fails, when your money is held in DCS-protected accounts, like Welcome secured deposits and our Wholesale PIE Fund. The DCS is a Government scheme that is funded by deposit takers and administered by the Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ). For details go to: rbnz.govt.nz/dcs.
| Term | Rate | $150K+ Rate |
|---|---|---|
| 6 Months | 4.00% p.a. | 4.10% p.a. |
| 9 Months | 4.00% p.a. | 4.10% p.a. |
| 12 Months | 4.05% p.a. | 4.15% p.a. |
| 18 Months | 4.15% p.a. | 4.25% p.a. |
| 2 Years | 4.25% p.a. | 4.35% p.a. |
| 3 Years | 4.30% p.a. | 4.40% p.a. |
| 4 Years | 4.40% p.a. | 4.50% p.a. |
| 5 Years | 4.50% p.a. | 4.60% p.a. |
Rates are pre-tax and subject to change. T&Cs apply.
*The Depositor Compensation Scheme (DCS) covers eligible depositors up to $100,000 if your deposit taker fails, when your money is held in DCS-protected accounts, like Welcome secured deposits and our Wholesale PIE Fund. The DCS is a Government scheme that is funded by deposit takers and administered by the Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ). For details go to: rbnz.govt.nz/dcs.
| Term | Rate | $150K+ Rate | |
|---|---|---|---|
| 6 Months | 4.00% p.a. | 4.10% p.a. | |
| 9 Months | 4.00% p.a. | 4.10% p.a. | |
| 12 Months | 4.05% p.a. | 4.15% p.a. | |
| 18 Months | 4.15% p.a. | 4.25% p.a. | |
| 2 Years | 4.25% p.a. | 4.35% p.a. | |
| 3 Years | 4.30% p.a. | 4.40% p.a. | |
| 4 Years | 4.40% p.a. | 4.50% p.a. | |
| 5 Years | 4.50% p.a. | 4.60% p.a. |
Rates are pre-tax and subject to change. T&Cs apply.
*The Depositor Compensation Scheme (DCS) covers eligible depositors up to $100,000 if your deposit taker fails, when your money is held in DCS-protected accounts, like Welcome secured deposits and our Wholesale PIE Fund. The DCS is a Government scheme that is funded by deposit takers and administered by the Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ). For details go to: rbnz.govt.nz/dcs.
| Term | Rate | $150K+ Rate | Tax Effective Rate at 39% |
|---|---|---|---|
| 6 Months | 4.00% p.a. | 4.10% p.a. | 4.84% p.a. |
| 9 Months | 4.00% p.a. | 4.10% p.a. | 4.84% p.a. |
| 12 Months | 4.05% p.a. | 4.15% p.a. | 4.90% p.a. |
| 18 Months | 4.15% p.a. | 4.25% p.a. | 5.02% p.a. |
| 2 Years | 4.25% p.a. | 4.35% p.a. | 5.13% p.a. |
| 3 Years | 4.30% p.a. | 4.40% p.a. | 5.19% p.a. |
| 4 Years | 4.40% p.a. | 4.50% p.a. | 5.31% p.a. |
| 5 Years | 4.50% p.a. | 4.60% p.a. | 5.43% p.a. |
The Wholesale PIE Fund is available to wholesale investors only.
*The Depositor Compensation Scheme (DCS) covers eligible depositors up to $100,000 if your deposit taker fails, when your money is held in DCS-protected accounts, like Welcome secured deposits and our Wholesale PIE Fund. The DCS is a Government scheme that is funded by deposit takers and administered by the Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ). For details go to: rbnz.govt.nz/dcs.
| Term | Rate | $150K+ Rate | Tax Effective Rate at 39% | |
|---|---|---|---|---|
| 6 Months | 4.00% p.a. | 4.10% p.a. | 4.84% p.a. | |
| 9 Months | 4.00% p.a. | 4.10% p.a. | 4.84% p.a. | |
| 12 Months | 4.05% p.a. | 4.15% p.a. | 4.90% p.a. | |
| 18 Months | 4.15% p.a. | 4.25% p.a. | 5.02% p.a. | |
| 2 Years | 4.25% p.a. | 4.35% p.a. | 5.13% p.a. | |
| 3 Years | 4.30% p.a. | 4.40% p.a. | 5.19% p.a. | |
| 4 Years | 4.40% p.a. | 4.50% p.a. | 5.31% p.a. | |
| 5 Years | 4.50% p.a. | 4.60% p.a. | 5.43% p.a. |
The Wholesale PIE Fund is available to wholesale investors only.
*The Depositor Compensation Scheme (DCS) covers eligible depositors up to $100,000 if your deposit taker fails, when your money is held in DCS-protected accounts, like Welcome secured deposits and our Wholesale PIE Fund. The DCS is a Government scheme that is funded by deposit takers and administered by the Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ). For details go to: rbnz.govt.nz/dcs.
