Term Investments

Term Investments are our speciality, and our many years of experience have taught us how to make them work hard for you. At Southern Cross we offer competitive interest rates with a selection of terms to choose from. 


Here are some features of our Term Investments:

  • You only need a minimum deposit of $1,000
  • You can choose the term that suits you
  • You can be certain that the interest rates will not change for the term you select
  • You have the choice of having regular interest payments on terms over six months
  • We’ll offer you a number of choices at maturity
  • You can be sure our rates are always competitive
  • For investments of $250,000 or more, interest rates are available on request
  • You can monitor your Term Investment using Internet Banking*
  • You can check your balance using Phone Banking*

You can contact us right now to get started. We’ll help you to open a new Term Investment, so you can begin earning a great interest rate today.

For a copy of our Investment Statement, Prospectus or a New Account Form, contact your nearest branch or click on the Forms link above to download a copy.

*Southern Cross is a division of Heartland Building Society. Southern Cross savings accounts and term investments (Deposits) are issued by Heartland Building Society, which comprises the businesses of MARAC, CBS Canterbury, Southern Cross Building Society and PGG Wrightson Finance.   Heartland Building Society has a BBB- (Outlook Stable) credit rating from Standard & Poor’s. See our Investment Statement or click here for more details about the credit rating. Minimum investment for a term investment is $1,000. Our current Investment Statement can be obtained by calling us on 0800 657 935 or by clicking here.