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COMPANY PROFILE

NZ Best Rates

Catalogue record · Not independently verified
Website
nzbestrates.com ↗
Jurisdiction
New Zealand
Investment assessment
Not assessed

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Financial Markets Authority

Catalogue reference · Recorded date: 2023-12-05. Confirm the exact legal entity and current status with the authority.

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Commercial name
NZ Best Rates
Authority jurisdiction
New Zealand
Authority reference
64
Categories
1
Category details
Unregistered/Unlicensed entity offering financial products or services
Additional catalogue information
We are concerned that NZ Best Rates may be operating a scam. Its website claims to offer a way to compare and find the best term deposit rates in New Zealand, while also providing information on choosing term deposits. We believe this website is a front, used to collect personal information from New Zealanders, which then enables overseas scammers to contact them with fictitious investment opportunities. We have received a report of a victim who was contacted with a fake TSB term deposit investment offer, after entering personal details on the NZ Best Rates website. This website states that investments up to $100K are safe as they are covered under the “Depositor Compensation Scheme”. No such scheme is currently offered in New Zealand. We recommend New Zealanders exercise extreme caution when dealing with this website and not provide it with any personal information. Entity name: NZ Best Rates Associated name: BR2023 Website: www.nzbestrates.com Telephone: +6498862573 Email: [email protected]
Validation date
2023-12-05
Modification date
2023-12-05
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