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Rates and fees

Quickly see our various types of interest rates, fees and charges. Each of our product pages includes the specific rates and fees that apply to that product.

Products and services

Fee exemptions

Superannuitants

If you have your New Zealand National Superannuation, War, Widows or Army pension direct credited to your Omni account, up to $20 per month is exempt from transaction fees on the account receiving the direct credit.

Total relationship of more than $200,000 with ASB

If you have a ‘total relationship’ greater than $200,000, up to $20 per month is exempt from transaction fees on one Omni account with the same unique account number.

Your 'total relationship’ is calculated monthly and combines the balances of all your accounts and loans except credit cards and unit trusts. The calculation uses the month-end balance of loans and the average monthly balance for all other relevant accounts (including term deposits and Orbit home loans).

  • If you would like to apply for these exemptions please contact your nearest ASB branch.
  • Service charges apply to all these exemption packages.

Service charges

Automatic payment or bill payment

New or amended automatic payment or bill payment authority.

Via branch, contact centre or ASB Virtual Branch

Via FastNet Classic

Other bank ATM use

Other NZ bank ATM use

Applies to balance enquiries and cash withdrawals. This fee is in addition to any base and transaction fees and no exemptions apply.

Overseas ATM use

Also applies to teller assisted transactions.

FastNet Classic internet and FastPhone phone banking

Please note that tansaction fees may apply. FastPhone calls from mobile phones will incur your standard mobile phone charges.

Fee Amount
Netcode mobile usage
Netcode token
Replacement Netcode token
FastPhone calls (unlimited)
TXT alert
Email alert
Business Cash Plan

Statements

Fee Amount
Replacement statement
Statement over the counter
Online statement

Unpaid transactions

Fee Amount
Dishonoured cheque
Unpaid automatic payment/bill payment/
IRD payment/direct debit
Stopped cheque

Special payments

Special answer on cheque

Bank cheque

Manual staff-assisted transaction charges may also apply.

Deposit or transfer to another New Zealand bank

For example via branch, business banking centre or contact centre. ASB cheque clearance and cash handling fees also apply.

each

Cash for non-ASB customers

Supplying notes to non-ASB customers

First $1,000 (or part thereof) per transaction

Each subsequent $1,000 (or part thereof) per transaction

Supplying coins to non-ASB customers

First $100 (or part thereof) per transaction

Each subsequent $100 (or part thereof) per transaction

Staff assisted searches

Signature checking/faxing fee

Document searches

($15 minimum)

per hour


Contact centre high use fee

First 5 calls per month per person

Subsequent calls


per call

Cash Handling

Applies to total daily deposits on savings accounts.

Please note: fees for coins are rounded up to the nearest $100 and for notes up to the nearest $1,000 per deposit.

Cash deposits

The first up to $300 of coins and up to $3,000 of notes per day, per account, and then:

Count while you wait

Per $100 of coins or part thereof, per deposit.
Per $1,000 of notes or part thereof, per deposit.

per

ASB FastDeposit/FastCount

Per $100 of coins or part thereof, per deposit.

per

Per $1,000 of notes or part thereof, per deposit.

per

Cheque clearance

Applies to savings accounts.

First 2 cheques per account, per day

Additional cheques charged at:

Counter deposits

per cheque

ASB FastDeposit

per cheque

Overseas Transactions - FastCash, CashFlow and Visa Debit Cards

Overseas card 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 card transaction.

For overseas card transactions made using your FastCash or Cashflow card Offshore Service Margins of 1.10% of the converted New Zealand dollar amount are charged. For overseas card transactions made using your Visa Debit card Offshore Service Margins of 2.10% of the converted New Zealand dollar amount are charged.

For purchases refunded back to your Visa Debit card account Offshore Service Margins of 2.10% of the converted New Zealand dollar amount of the transaction are charged to your card account. The margins that are charged to your card account may differ from the margins that were charged for the original transaction due to fluctuations in the conversion rate.

The converted amount and the Offshore Service Margins will be debited from your nominated bank account and detailed on your statement.

Interest rates and fees current as at .

Service charges are subject to change. Full terms and conditions for the banking products and services and ASB's Disclosure Statement apply and are available online or from any ASB branch.

Fees relating to the ASB KiwiSaver Scheme and ASB Investment Funds may change. For more information about fees, refer to the ASB KiwiSaver Scheme Product Disclosure Statement, the ASB Investment Funds Product Disclosure Statement and the register of offers of financial products at www.business.govt.nz/disclose.

ASBRates and fees