• Term Deposit In Post Office
• Term Deposit Definition
• Term Deposit Facility
• Term Deposit Vs Fixed Deposit

Term Deposits

If you roll over your maturing Term Deposit into a new Term Deposit with us, you can earn an additional 0.10% bonus interest on top of our standard Term Deposit rates for the new term. 0% The amount of your deposit and interest that is sacrificed to fees.

Too busy to track stocks, monitor the housing market, horde piles of gold and predict the future? Or wanting to diversify your investments?

• Fixed Term Deposits may occasionally be unavailable in certain currencies due to public holidays. Interest rates are quoted for indication purposes only and are subject to variation. AER (Annual Equivalent Rate): This is a notional interest rate which illustrates what the gross rate would be if interest were paid and compounded each year.
• Term Deposit - Regular income For terms of six months or longer, you can choose to have interest paid monthly or quarterly into your nominated bank account. This regular income stream can be ideal if you need to supplement other income such as NZ Superannuation. Term Deposit - Compounding interest.
• Time deposits normally earn interest, which is normally fixed for the duration of the term and payable upon maturity, though some may be paid periodically during the term, especially with longer-term deposits. Generally, the longer the term and the larger the deposit amount the higher the interest rate that will be offered.
• Actually term deposit has been used, because you are placing the sum for a fixed term. These deposits could be placed for tenures from as small as 15 days, to as much as 10 years.

Look at a Term Deposit with Gateway Bank, providing you an investment with certainty and stability. Lock in a great interest rate for the term of choice between 3 months and 5 years, and build your wealth with a guaranteed return on your Term Deposit account.

Term Deposits allow you to plan for your future and invest with confidence, knowing that you will receive a higher rate of return than many savings accounts over a fixed term. Take advantage of our competitive interest rates, no monthly account or service fees, and seamless interest payments directly into your Everyday Account.

• Interest is calculated daily and can be paid either monthly, 6 monthly or at maturity^*
• No setup or monthly service fees
• Interest can be paid directly to your Everyday Account
• Available for SMSF and Trust Accounts
• Your first $250k is protected by the Australian Government Deposit Guarantee

Product Features:

• No Hidden Fees

  Ensure that the profits from your investments are being used to grow your wealth, not pay unnecessary fees. Our Term Deposits are free from account setup, monthly account keeping or service fees, so you can invest with confidence.

• Invest Your Way

  Invest how it suits you with your choice of terms between 3 months and 5 years, and the option to have your interest paid monthly or at maturity, straight into your bank account.

• Government Guaranteed

  As Gateway Bank is an Authorised Deposit-taking Institution, your first $250k is protected by the Australian Government Deposit Guarantee, ensuring the safety of your fixed term investment if anything were to happen to Gateway.

Can't decide which Term Deposit suits your investment goals?

Compare all of our Term Deposit rates and to find the option that suits you.

Term Deposit Facility

Term Deposit In Post Office

Term deposits facilitate the implementation of monetary policy by providing an additional tool by which the Federal Reserve can manage the aggregate quantity of reserve balances held by depository institutions. Funds placed in term deposits are removed from the reserve accounts of participating institutions for the life of the term deposit and thereby drain reserve balances from the banking system. Reserve Banks offer term deposits through the Term Deposit Facility (TDF), and all institutions that are eligible to receive earnings on their balances at Reserve Banks may participate in the term deposit program. In the Policy Normalization Principles and Plans adopted by the Federal Open Market Committee (FOMC) on September 17, 2014, the FOMC indicated that during the process of monetary policy normalization, the Federal Reserve intends to use other supplementary tools, such as the TDF, as needed to help control the federal funds rate and move it into the target range set by the FOMC.

Term Deposit Definition

Related Press Releases

Term Deposit Facility

Term Deposit Vs Fixed Deposit

• Federal Reserve announces TDF test operation (February 12, 2016)
• Federal Reserve announces TDF test operation (November 19, 2015)
• Federal Reserve announces plans to continue periodic testing of its Term Deposit Facility operations in August (August 3, 2015)
• Federal Reserve announces plans for periodic testing of its Term Deposit Facility (May 14, 2015)
• Federal Reserve announces series of expanded TDF test operations with early withdrawal feature (February 2, 2015)
• Federal Reserve announces series of expanded TDF test operations with early withdrawal feature (September 4, 2014)
• Federal Reserve announces series of expanded TDF test operations (May 9, 2014)
• Federal Reserve plans to conduct a series of seven-day term deposit operations in March under the Term Deposit Facility (TDF) (February 21, 2014)
• Federal Reserve announces small-value fixed-rate term deposit operations (April 26, 2013)
• Federal Reserve Board approves amendments to Regulation D authorizing Reserve Banks to offer term deposits (April 30, 2010)
• Board authorizes ongoing small-value offerings of term deposits under the Term Deposit Facility (September 8, 2010)
• Federal Reserve announces schedule for small-value auctions of term deposits through the Term Deposit Facility (May 28, 2010)
• Board authorizes small-value offerings of term deposits under the Term Deposit Facility (May 10, 2010)