Welcome Term Deposits
Interest rates that outperform traditional savings accounts and term deposits, every day.
Your deposits are protected by the government's Depositor Compensation Scheme.
We're New Zealand owned, New Zealand based, and investing only in secured first-ranking New Zealand mortgages.
Welcome delivers you better returns without compromise.
Terms & Conditions Apply
Choose from a range of fixed rate 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 term deposits with better returns.
Interest paid monthly, quarterly, or compound for growth, the choice is yours.
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 | Interest Frequency |
|---|---|---|---|
| 6 Months | 4.00% p.a. | 4.05% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 9 Months | 4.20% p.a. | 4.25% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 12 Months | 4.40% p.a. | 4.50% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 18 Months | 4.65% p.a. | 4.75% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 2 Years | 4.80% p.a. | 4.90% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 3 Years | 4.85% p.a. | 4.95% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 4 Years | 5.00% p.a. | 5.10% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 5 Years | 5.25% p.a. | 5.35% p.a. |
Monthly, Quarterly or Compounding Quarterly |
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. | 4.05% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 9 Months | 4.20% p.a. | 4.25% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 12 Months | 4.40% p.a. | 4.50% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 18 Months | 4.65% p.a. | 4.75% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 2 Years | 4.80% p.a. | 4.90% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 3 Years | 4.85% p.a. | 4.95% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 4 Years | 5.00% p.a. | 5.10% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 5 Years | 5.25% p.a. | 5.35% p.a. | Monthly, Quarterly or Compounding Quarterly |
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% | Payout Option |
|---|---|---|---|---|
| 6 Months | 4.00% p.a. | 4.05% p.a. | 4.78% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 9 Months | 4.20% p.a. | 4.25% p.a. | 5.02% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 12 Months | 4.40% p.a. | 4.50% p.a. | 5.31% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 18 Months | 4.65% p.a. | 4.75% p.a. | 5.61% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 2 Years | 4.80% p.a. | 4.90% p.a. | 5.78% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 3 Years | 4.85% p.a. | 4.95% p.a. | 5.84% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 4 Years | 5.00% p.a. | 5.10% p.a. | 6.02% p.a. |
Monthly, Quarterly or Compounding Quarterly |
| 5 Years | 5.25% p.a. | 5.35% p.a. | 6.31% p.a. |
Monthly, Quarterly or Compounding Quarterly |
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. | 4.05% p.a. | 4.78% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 9 Months | 4.20% p.a. | 4.25% p.a. | 5.02% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 12 Months | 4.40% p.a. | 4.50% p.a. | 5.31% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 18 Months | 4.65% p.a. | 4.75% p.a. | 5.61% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 2 Years | 4.80% p.a. | 4.90% p.a. | 5.78% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 3 Years | 4.85% p.a. | 4.95% p.a. | 5.84% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 4 Years | 5.00% p.a. | 5.10% p.a. | 6.02% p.a. | Monthly, Quarterly or Compounding Quarterly |
| 5 Years | 5.25% p.a. | 5.35% p.a. | 6.31% p.a. | Monthly, Quarterly or Compounding Quarterly |
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.
