ASB bank accounts interest rates and fees

Rates, fees and charges may change

Savings On Call

Credit interest rate
$10,000 - $24,999.99
$25,000 - $49,999.99
$50,000 - $99,999.99

Savings Plus

Base interest

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

Full reward interest

Calculated daily and paid quarterly (on balances up to and including $2,000,000). You can make 1 withdrawal during the first 5 days of the calendar quarter. No other withdrawals are permitted.

Combined base plus full reward interest

Partial reward interest

Calculated daily and paid quarterly (on balances up to and including $2,000,000). You can make 1 withdrawal but if that withdrawal is during the first 5 days of the calendar quarter then you can make a second withdrawal at any time during that calendar quarter. 

Combined base plus partial reward interest

Balances above $2 million earn base interest only.


Credit interest rate

Visa Debit card

Card fee every 6 months
Overseas card delivery

ASB FastCash fees and limits

Card fee 
Overseas card delivery
Daily purchase limit
Daily ATM withdrawal limit

Service charges and overseas transaction charges apply. For details of fees applicable to your account(s) accessible by your ASB Fastcash card please see our Guide to Fees, which is also available at any ASB branch.

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 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+

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

Service charges apply


Interest Rates



Tertiary & Graduate

0.00% per annum while this Account is an ASB Tertiary or Graduate account. After this time interest will be charged at our unsecured overdraft rate.


Standard fee, including for temporary limits

Tertiary and Graduate

Monthly unarranged overdraft fee


Interest is calculated daily and charged monthly.

ASB's Personal Banking Terms and Conditions apply.

Service fees may apply.

Refer to our Guide to fees for other applicable fees. Accelerater, MoneyMaker, Flexisave, PrizeSaver, Unlimited, Fastsaver, Omni, Tertiary, Graduate and Job Starter accounts are no longer sold. Please see here or enquire at your nearest ASB branch for details on 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