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Savings & Term Deposits

Compare savings accounts and term deposit rates from banks across Papua New Guinea.

Savings Accounts

InstitutionProductRateMin BalanceInterest Paid
Bank South PacificBSP Kids Savings AccountUp to 2.00% p.a.View details
Bank South PacificBSP Personal Savings AccountUp to 1.95% p.a.View details
Bank South PacificBSP Plus Saver AccountUp to 3.50% p.a. (tiered — higher rate applies to balances over K25,000)K25,000View details
Kina BankKina Cash Management AccountMarket-leading daily interest rate (variable — contact Kina Bank for current rate)K5,000View details
Kina BankKina Tomorrow Savings AccountUp to 4% p.a. (1% standard + 3% bonus interest, paid monthly)View details

Rates and terms shown are for comparison purposes and may change. Confirm current details with the institution before applying. Last verified Jul 3, 2026.

Term Deposits

InstitutionProductRateMin BalanceInterest Paid
Bank South PacificBSP Term DepositFixed, guaranteed rate — contact BSP for current rate by term lengthView details
Kina BankKina Fixed Deposit AccountCompetitive fixed rate, tiered by balance (K5,000-K99,999 and K100,000-K499,999 bands) — updated weekly, see Kina Bank's published weekly rate sheetK5,000View details

Rates and terms shown are for comparison purposes and may change. Confirm current details with the institution before applying. Last verified Jul 3, 2026.