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New interest-bearing call savings account interest rates (B25)
This data tracks the interest rates offered by New Zealand banks on call savings accounts.
|May 2020||May 2021||Jan 2022||Feb 2022||Mar 2022||Apr 2022||May 2022|
|New interest bearing call savings account interest rates|
|Savings accounts: Incl. bonus1||0.90||0.31||0.55||0.59||0.65||0.86||1.05|
|Savings accounts: Excl. bonus1||0.10||0.08||0.13||0.16||0.16||0.26||0.38|
|Savings accounts: Unconditional1||0.31||0.16||0.32||0.33||0.36||0.51||0.55|
The data: coverage, periodicity and timeliness
Average interest rate for new customer conditional and unconditional call savings accounts, advertised at the end of month by all registered banks with available offerings.
We publish data five working days after the end of the reference period.
Access by the public
Statistics release calendar
The statistics release calendar provides a long-term plan of scheduled releases. We update and release the calendar on the first working day of the month.
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We collect data under Section 36 of the Reserve Bank of New Zealand Act 1989 (the Act).
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We generally publish revisions when we update and release the next table. Should we need to make revisions more promptly, we will post a special note on the website.
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New customer call savings account average interest rates
The interest rates recorded here are simple averages of new customer conditional and unconditional call savings accounts advertised by all registered banks with available offerings. Conditional accounts have specific terms as to when a bonus interest rate applies or when the bonus interest rate is ‘lost’ or not applicable. Funds can be withdrawn at any time, but the applicable interest rate depends on the account conditions. Unconditional accounts are standard accounts where interest is paid on call and funds can be withdrawn at any time with no impact on the advertised interest rate.
Symbols and conventions for summary table
|Symbol or convention||Definition|
|0||Zero or value rounded to zero|
|Light grey background||Historical|
- Individual figures may not sum to the totals due to rounding
- Percentage changes are calculated on unrounded numbers
- You are free to copy, distribute and adapt these statistics subject to the conditions listed on our copyright page.
View our other Exchange and interest rate statistics series.