Term investment rates
Interest rates for term deposits and ASB Term Fund.
Term Deposit and ASB Term Fund
|
Term
|
$5,000+
|
|---|---|
|
30 Days
|
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60 Days
|
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90 Days
|
|
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4 Months
|
|
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5 Months
|
|
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6 Months
|
|
|
9 Months
|
|
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12 Months
|
|
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18 Months
|
|
|
2 Years
|
|
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3 Years
|
|
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4 Years
|
|
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5 Years
|
|
Rates of return are before tax and any fees, and can change at any time. Minimum investment of $5,000. Rates are not available to financial institutions or where all ASB term investments held either solely or jointly with any person are over $10 million. Rates are subject to change.
Depending on the term, returns can be paid quarterly, six-monthly, annually or at the end of the term. Returns can be paid monthly for investments of $10,000 or more with a term of six months or longer.
Rates current as at .
Open a Term Deposit or ASB Term Fund now
ASB's term deposit Terms and Conditions apply. Minimum deposit $5,000. Rates are not available to financial institutions or where all ASB term investments held either solely or jointly with any person is over $10 million. Rates are subject to change.
For more information on ASB Term Fund refer to the ASB Cash Fund and ASB Term Fund Terms and Conditions. Units in the ASB Term Fund are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). Investments made in the ASB Term Fund are not deposits with ASB. ASB guarantees account balances and returns due but not paid (less fees and any PIE tax). The guarantee is unsecured.