• Minimum investment NZ$5,000 ($10,000 for monthly return payments and specials).
• The combined balance of all ASB Term Fund accounts recorded under the same unique account number determines the rate of return.
• For terms of less than six months, returns are paid at maturity. For longer terms you can choose to have returns paid monthly or at maturity or compounded quarterly, six monthly or annually. Monthly returns cannot be compounded.
• Rates of return are before tax and any fees.
• Maximum total ASB Term Fund accounts of $10,000,000 per customer.
• Rates not available to financial institutions.
• ASB's Terms & Conditions and
Term Fund Investment Statement apply.