Westpac NZ offers special term deposit rate to boost rescue helicopter fundraising

Hard on the heels of a hugely successful Chopper Appeal month, Westpac NZ is giving customers the chance to further support New Zealand’s nationwide helicopter network with a special term deposit offer to boost their savings.

For a limited time effective Tuesday 7 July, Westpac is bumping up its 9-month term deposit rate by 0.1% p.a. to 3.70% p.a. – the best of the five biggest banks’ advertised rates on that term, as of Monday afternoon – and will donate $10 to the local rescue helicopter trust of every customer who opens a new deposit on that term during the offer period.

Westpac NZ Head of Everyday Banking Products, Simon Macdonald, says the bank knows how much rescue helicopters mean to New Zealanders and is working to help them support good causes while growing their money.

“Our recent research shows that 85% of New Zealanders believe the choppers play a very important role in keeping New Zealanders safe, while one in four say they’ve needed the potentially lifesaving support of a rescue helicopter, or know someone who has,” Mr Macdonald says.

“Last year the national network of rescue helicopters flew more than 9,300 potentially lifesaving missions, and we’re proud to have been supporting them for more than 40 years.

“This is our chance to help our customers support good causes like the choppers, while also boosting their savings.

“We know good savings habits make a big difference in the long run. Whether you’re a borrower or a saver, we’re here to help you make a plan to achieve your money goals.”

The final total raised during Westpac’s annual Chopper Appeal Month in May is still being tallied, but it’s on track to be the biggest fundraising year ever.

“Chopper fundraising is a year-round community effort for Westpac teams around the country, including quiz nights, raffles, bake sales, gala dinners, the Chopper Bike Ride, and other recreational events,” Mr Macdonald says.

“In addition to our sponsorship arrangements with many of New Zealand’s rescue helicopter trusts, Westpac funds the marketing and administration costs of the Chopper Appeal and distributes all funds raised back to the donors’ local trust.

“It’s a huge part of who we are and a really important partnership to help keep New Zealanders safe.”

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