Business Saver account

Your ASB Business Saver lets you put your cash reserve, tax provisions or even surplus day-to-day funds into an interest-bearing account.

Benefits at a glance

  • No monthly base fee, or electronic transfer fees to transfer between your own ASB accounts
  • Your money is on call so you can access it anytime
  • Every dollar in your account earns the same interest rate
  • The first chargeable electronic or manual transaction is free each month

Is it right for my business?

ASB Business Saver could be suitable for any business that wants to manage their short term cash reserves.

Business Saver is not designed to act as your main transaction account. Using it for making payments will lead to unnecessary fees.

Key features

Every dollar earns interest

Your Business Saver account pays the same rate of interest on every dollar, no matter how small your balance. Interest is calculated daily and paid every month.

Online accounting integration

You can link your Business Saver to Xero or MYOB for easy account reconciliation and management.

Low fees

No monthly base fee, and the first chargeable electronic or manual transaction per month is free.

ASB Business Hub

Need help jumpstarting your business? With content about digitising your business and managing your cashflow, through to managing the impact of COVID-19 on business and how to optimise and create efficiencies, the ASB Business Hub is here to help you.

The hub also includes a range of customer stories, digitisation guides and discounted offers from our partners, such as Xero and MYOB.

Check it out

Interest rates and fees

Interest rate

Monthly base fee


Via online banking, Fastphone, and ATM (to your own ASB accounts), or FastDeposit boxes.
Cash deposits may incur a cash handling fee.

Electronic self-service transactions

Bill payment, one-off payment, IRD payment and ATM withdrawals (available at ASB ATMs if linked to a transaction account).

FastNet Business bulk payment

Plus 20c per payment within the bulk payment

Manual Staff-assisted transactions

Branch Deposits and manual staff-assisted withdrawals, transfers and payments

Direct Debit and automatic payments are not available for Business Saver.
Interest rates and fees subject to change at any time. Service charges and service fees also apply.

See all Business accounts interest rates and fees.

Next steps

Talk to an expert

Our business and rural experts can help you choose the right products and services for your business.

Find an expert

Enquire online

Tell us about your business and how we can help, and one of our team will get back to you.

Enquire now

Visit a branch

Visit us at one of our many branches across New Zealand.

Find a branch

You might also like

Savings On Call

A tiered interest account where higher balances earn more. If you have more than $10,000 in your account, it will give you a higher interest rate than a Business Saver account.

Savings Plus

A savings account that rewards you for not making withdrawals - could be ideal for longer-term tax provisions with regular deposits.

Term Deposit

If you have funds you won’t need for 30 days or more, term deposit interest rates could be ideal.

ASB's Business, Rural and Corporate Banking terms and conditions apply to Business Saver. Business Saver is not available to financial institutions. ASB's terms apply to the other accounts and a copy of the investment statement for Savings Plus is available on request.

Business banking Business Saver account