Kiwibank is pleased to announce its popular savings product “90 Day Notice Saver” is increasing by 0.65% to 4.75%.
This movement makes Kiwibank’s variable deposit rates one of the highest rates available in the market currently. Kiwibank notes there will be no changes to its variable Home Loan rates at this time.
Kiwibank Senior Product Manager, Richie McLay says Kiwibank is focused on providing competitive rates for all our customers.
“This move is aimed at ensuring we provide competitive rates for our deposits and lending customers, making sure all our customers get a fair deal.
“Our goal is to be the bank of choice for even more Kiwi, and competitive offers like this variable deposit rate move demonstrate that. We will continue to provide expertise around products and services across our books that make Kiwi better off.”
|
Product |
Previous rate |
New rate |
|---|---|---|
|
90 Day Notice Saver |
4.10% p.a. |
4.75% p.a. |
|
32 Day Notice Saver |
3.55% p.a. |
4.05% p.a. |
|
Product |
Previous rate |
New rate |
||
|---|---|---|---|---|
|
Base rate |
Bonus rate |
Base rate |
Bonus rate |
|
|
Standard Online Call |
3.35% p.a. |
0.00% p.a. |
3.85% p.a. |
0.00% p.a. |
|
PIE Online Call |
3.35% p.a. |
0.00% p.a. |
3.85% p.a. |
0.00% p.a. |
|
Business Online Call |
3.35% p.a. |
0.05% p.a. |
3.85% p.a. |
0.05% p.a. |
Media contact: Ben Mabon, Head of External Communications 027 288 3263.