Investment rates

Fisher & Paykel Finance offers you a range of competitive interest rates on short, medium and long-term investments. See our latest interest rates now.

Fisher & Paykel Finance Limited has a guarantee under the a Crown retail deposit guarantee scheme, being a guarantee that expires on 12 October 2010, and a guarantee under a Crown retail deposit guarantee scheme, being a guarantee that expires on 31 December 2011. The guarantees apply to all Fisher & Paykel Finance Limited’s debentures other than Fisher & Paykel Finance Limited’s non-guaranteed debentures (“Excluded Securities”). Excluded Securities offered by Fisher & Paykel Finance Limited are not covered by the guarantee under the Crown retail deposit guarantee schemes. When the current guarantee expires on 12 October 2010 it will be replaced by the extended guarantee which expires on 31 December 2011. Interest and deposit repayments after 11.59 pm on 31 December 2011 will not be covered by the extended guarantee. Specific eligibility criteria, a maximum guarantee cap, and terms and conditions apply to each guarantee. Further information about the Crown retail deposit guarantee schemes is available on the Treasury website.

First ranking secured debenture stock, which has the benefit of the guarantee under the Crown retail deposit guarantee schemes, and first ranking secured debenture stock, which does not have the benefit of the guarantee under the Crown retail deposit guarantee schemes (“Excluded Securities”), are both able to be offered by Fisher & Paykel Finance Limited.

If an investor subscribes for Excluded Securities, none of Fisher & Paykel Finance Limited’s obligations under or in respect of that first ranking secured debenture stock will have the benefit of the guarantee under the Crown retail deposit guarantee schemes.

Interest is paid according to the type of investment you have chosen. Here’s a brief guide to the options available:

On Call Deposits

The On Call deposits interest rate will vary from time to time. Interest is calculated on a daily basis and credited to your On Call deposit account on the last day of March, June, September and December.

The minimum amount you may deposit or withdraw is $500. The minimum balance is also $500.

Term Deposits

Term deposits are available for terms from three months to five years. The minimum deposit is $1,000.

Interest can be either compounded quarterly on the last day of March, June, September and December; or paid quarterly by direct credit to your nominated bank account on the last business day of March, June, September and December.

If you require a more frequent income stream, interest can be paid monthly on the last business day of each month on investments of $10,000 and over.