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ASB bank accounts interest rates and fees

Rates, fees and charges may change

Streamline

All Balances Interest Rate
All balances
Fee Amount
Monthly base fee 
(pay no monthly base fee if you stop paper statements through FastNet Classic)
Transfer between your ASB accounts (via online banking, FastPhone and ASB ATM),
Fast Deposit boxes
Bill payment, one-off payment, IRD payment, ATM withdrawal
EFTPOS withdrawal
Automatic payment, direct debit
Branch deposit
Withdrawal, transfer, IRD payment, one-off payment,
(via branch, contact centre, business banking centres and ASB Virtual Branch)
Cheque

Fees are charged on a per transaction basis.

Service charges apply

Omni

Balance Interest Rate
All balances
Fee Amount
Monthly base fee
Transfer between your ASB accounts (via online banking,
FastPhone and ASB ATM),
Fast Deposit boxes
Bill payment, one-off payment, IRD payment, ATM withdrawal
EFTPOS withdrawal
Automatic payment, direct debit
Branch deposit
Withdrawal, transfer, IRD payment, one-off payment,
(via branch, contact centre, business banking centres and ASB
Virtual Branch)
Cheque

Fees are charged on a per transaction basis.

Service charges apply

Unlimited

Balance Interest rate
$0 - $99,999
$100,000+
Fee Amount
Monthly base fee
Transfer between your ASB accounts (via online banking,
FastPhone and ASB ATM),
Fast Deposit boxes
Bill payment, one-off payment, IRD payment, ATM withdrawal
EFTPOS withdrawal
Automatic payment, direct debit
Branch deposit
Withdrawal, transfer, IRD payment, one-off payment,
(via branch, contact centre, business banking centres and ASB
Virtual Branch)
Cheque

Fees are charged on a per transaction basis.

Service charges apply

Savings On Call

Balance Interest rate
<$10,000
$10,000 - $24,999.99
$25,000 - $49,999.99
$50,000 - $99,999.99
$100,000+

Monthly base fee

Transfers and deposits

Via online banking, Fastphone, ASB ATM, banking (to your own ASB accounts), FastDeposit boxes or branch deposits.

Payments and withdrawals

Bill payments, one-off payments, IRD payments and ATM withdrawals*.

Manual transfers via branch, contact centre, business banking and ASB Virtual Branch.

Fees are charged on a per transaction basis.

*Withdrawals from a savings account are available from ASB ATMs if you link it to a transaction account.

Service charges apply

Savings Plus

Base interest

Calculated daily and paid monthly regardless of transactional activity or balance.

p.a.

Full reward interest

Calculated daily and paid quarterly (on balances up to and including $2,000,000) if you make no withdrawals during a calendar quarter.

p.a.

Combined base plus full reward interest

If you make no withdrawal during a calender quarter.

p.a.

Partial reward interest

Calculated daily and paid quarterly (on balances up to and including $2,000,000) if you make one withdrawal during a calendar quarter.

p.a.

Combined base plus partial reward interest

If you make one withdrawal during a calendar quarter.

p.a.

Balances above $2 million earn base interest only.

Monthly base fee

Transfers and deposits

Via online banking, Fastphone, ASB ATM, banking (to your own ASB accounts), FastDeposit boxes or branch deposits.

Payments and withdrawals

Bill payments, one-off payments, IRD payments and ATM withdrawals*. Also includes manual transfers via branch, contact centre, business banking and ASB Virtual Branch.

Fees are charged on a per transaction basis.

*Withdrawals from a savings account are available from ASB ATMs if you link it to a transaction account.

Service charges apply

FastSaver

All balances

p.a.

Monthly base fee

Transfers and deposits

Via online banking, Fastphone, ASB ATM, banking (to your own ASB accounts), FastDeposit boxes or branch deposits.

Payments and withdrawals

Bill payments, one-off payments, IRD payments and ATM withdrawals*. Also includes manual transfers via branch, contact centre, business banking and ASB Virtual Branch.

Fees are charged on a per transaction basis.

The first chargeable electronic and staff-assisted transaction per month is free for FastSaver

*Withdrawals from a savings account are available from ASB ATMs if you link it to a transaction account.

Service charges apply

Headstart, Job starter's, Tertiary and Graduate accounts

Balance Interest rate
Headstart
Job Starter's
Tertiary
Graduate
Fee Amount
Monthly base rate
Transfer between your ASB accounts (via online banking,
FastPhone and ASB ATM),
Fast Deposit boxes
Bill payment, one-off payment, IRD payment, ATM withdrawal
EFTPOS withdrawal
Automatic payment, direct debit
Branch deposit
Withdrawal, transfer, IRD payment, one-off payment,
(via branch, contact centre, business banking centres and ASB Virtual Branch)
Cheque

Fees are charged on a per transaction basis.

Service charges apply

Visa Debit card

Fee Amount
Card fee every 6 months (free for Tertiary and Job starter's)
Overseas card delivery
Replacement card
Teller assisted at other NZ banks
Overseas withdrawal fee (Teller or ATM)

Visa Debit fee free cards are available for the life of the Tertiary account and the first two years of the Job starter’s account from the date it is issued. At the end of this period standard interest rates and fees will apply.

ASB FastCash or Cashflow card

Fee Amount
Overseas withdrawal fee (Teller or ATM)

Overseas transactions

Overseas transactions will either first be converted into US dollars and then into New Zealand dollars or converted directly at an exchange rate selected by Visa, from available wholesale rates (or, if applicable, the Government mandated rate).

The Offshore Service Margin is a margin charged by us when you use your card to make an overseas transaction. An overseas transaction is a transaction made in currency other than in New Zealand.

For overseas transactions made using your Visa Debit card offshore service margins of 2.10% are charged on the converted New Zealand dollar amount of the transaction.

For purchases refunded back to your Visa Debit card offshore service margins of 2.10% are charged to your account. The margins that are charged to your account may differ from the margins that were charged for the original transaction due to fluctuations in the conversion rate.

For overseas transactions using your ASB FastCash or Cashflow card offshore service margins of 1.1% are charged on the converted New Zealand dollar amount of each cash transaction.

The converted amount and the offshore service margins will be debited from your nominated bank account and detailed on your statement.

You will be charged ASB FastCash card fees and margins if you select cheque or savings when using your ASB credit card overseas.

ASB Cash Fund

ASB Cash Fund account balance
Rate of return
Balance < $10,000
Balance $10,000 - $24,999.99
Balance $25,000 - $49,999.99
Balance $50,000 - $99,999.99
Balance $100,000 - $19,999,999.99
Balance $20,000,000+
Fee Amount
Base and transaction fees

Service fees will apply.

The rates of return are before tax and any fees. A $500 minimum balance is required. Rates of return can change at any time.

Overdrafts

Interest rates
Secured
Unsecured/partially secured
Unarranged
Establishment fees
Standard fee, including for temporary limits
Job starter, Tertiary and Graduate
Online applications

Monthly overdraft facility fee (arranged)

The greater of 0.12% of the overdraft limit and 0.12% of the highest daily overdrawn balance (minimum charge $2).

Monthly unarranged overdraft fee

0.12% of the highest daily overdrawn balance (minimum charge $10).

Refer to our Guide to Fees for other applicable fees. Accelerator, MoneyMaker, Flexisave and Prizesaver accounts are no longer sold. Please enquire at your nearest ASB branch for details of these accounts. Transactions completed via FastNet Business on personal bank accounts will be charged applicable FastNet Business fees. Please refer to the Guide to Business Banking Fees.

For more information on ASB Cash Fund refer to the ASB Cash Fund and ASB Term Fund Terms and Conditions. Units in the ASB Cash Fund are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). Investments made in the ASB Cash 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.

Rates and fees current as at

Bank AccountsASB bank account rates & fees