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Orbit

Orbit

Repay or redraw at your own pace

  • Combines your cheque, savings and home loan accounts in one easy-to-manage package.
  • Reduce your total debt by directing all your income into this account.
  • Unlimited transactions for a $12 monthly account fee.
Orbit
More about
Interest rates and fees
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More about

Orbit is ideal if you need an ongoing credit limit which allows you to access funds at any time.

  • Make repayments at your own pace.
  • It's like an overdraft on a transaction account with no set principal repayments.
  • Redraw additional funds up to your credit limit anytime without having to apply.
  • Access your account however you like. You can use ATMs, EFTPOS and cheques, as well as ASB branches, phone banking and FastNet Classic.
  • Interest is calculated daily, at our standard variable home loan rate, and paid monthly.


Orbit Graph
For illustrative purposes only.

Terms and Conditions: ASB's home loan criteria and a fee of $400 may apply. Early repayment adjustments may also apply. A low equity premium may apply. You will also need to have an ASB account. Loans for business purposes are excluded and are for New Zealand residential property only. Orbit Home Loans are subject to specific lending criteria including minimum income levels and periodic reviews. ASB may also require an updated registered valuation and/or income verification.