Kiwibank and BNZ are the latest banks to raise their long-term interest rates.
All the major banks have increased their fixed rates in recent days.
Kiwibank's two year rate is up 0.3% to 6.39% and its five year rate to 8.3%.
But the bank has cut its floating rate to 5.79%.
The BNZ has raised its fixed rates by up to 0.46% but reduced its floating rates.