Term deposits

Term deposits

Interest rates are subject to change at any time without notice. However, once you open your term deposit its rate is fixed for the term you selected.

  • Minimum NZ$5,000 deposit, with a maximum of NZ$250,000 per customer.
  • The combined balance of all investment deposits recorded under the same unique account number determines the interest rate.
  • If term deposits are broken before the maturity date, a reduced interest rate will be paid on the funds invested.

Interest Rates

Term $5,000-$9,999 $10,000-$49,999 $50,000+
9 Months Special 

-

 5.10% p.a. * 5.10% p.a. *

To apply for a Term Deposit special call the Investor Express Line on 0800 650 506 or visit any ASB branch.

* effective 27 February, Interest paid on maturity only.
Term$5,000-$9,999$10,000-$49,999$50,000+
30 Days2.00 % p.a.3.00 % p.a.3.00 % p.a.
60 Days2.25 % p.a.3.00 % p.a.3.00 % p.a.
90 Days3.00 % p.a.3.75 % p.a.3.75 % p.a.
4 Months3.00 % p.a.4.70 % p.a.4.70 % p.a.
5 Months3.00 % p.a.3.75 % p.a.3.75 % p.a.
6 Months3.00 % p.a.4.00 % p.a.4.00 % p.a.
9 Months3.00 % p.a.4.10 % p.a.4.10 % p.a.
12 Months3.00 % p.a.5.00 % p.a.5.00 % p.a.
18 Months3.00 % p.a.5.40 % p.a.5.40 % p.a.
2 Years3.00 % p.a.5.50 % p.a.5.50 % p.a.
3 Years3.00 % p.a.6.00 % p.a.6.00 % p.a.
4 Years3.00 % p.a.6.25 % p.a.6.25 % p.a.
5 Years3.00 % p.a.6.75 % p.a.6.75 % p.a.

As at: 14 March 2010

Terms and conditions: Please ensure you have read and understood the investment statement for ASB term deposits prior to applying for any term deposit . A copy of ASB's Disclosure Statement is available free of charge from any ASB branch.
Get in touch with us:
Call our Investor Express line:

0800 650 506