ASB term deposits make it easy to earn competitive interest.
Easy to open. Simply choose:
- How long you want to invest for.
- How you'd like the interest to be paid.
You can open a personal term deposit by logging into FastNet Classic, a business term deposit via FastNet Business, or either can be opened at any ASB branch or by calling 0800 650 506.
Interest frequency options
- Interest can be paid monthly, quarterly, six-monthly, annually or at the end of the term.
- For term deposits of six months or longer, interest can be compounded to your investment. That way you’ll earn interest on your interest.
Investing for a regular income
- If you plan to earn a regular income from your term deposit, ask about our monthly interest option.
- You'll need to invest a minimum of $10,000 for a term of at least six months.
Please make sure you have read and understood the Investment statement for term deposits before you apply for any term deposit.