Term investment rates
Interest rates for term deposits and ASB Term Fund.
Term Deposit and ASB Term Fund
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Term
|
$5,000+
|
|---|---|
|
30 Days
|
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60 Days
|
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90 Days
|
|
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4 Months
|
|
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5 Months
|
|
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6 Months
|
|
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9 Months
|
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12 Months
|
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18 Months
|
|
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2 Years
|
|
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3 Years
|
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4 Years
|
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5 Years
|
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Rates of return are before tax and any fees, and can change at any time. Minimum investment of $5,000. The maximum investment across all ASB term investment accounts held either solely or jointly with any person is $10 million. Rates are not available to financial institutions. Rates are subject to change.
Depending on the term, returns can be paid quarterly, six-monthly, annually or at the end of the term. Returns can be paid monthly for investments of $10,000 or more with a term of six months or longer.
Rates current as at .
Open a Term Deposit or ASB Term Fund now
ASB's term deposit Terms and Conditions apply. Minimum deposit $5,000. Rates may change. Rates not available to financial institutions. Maximum amount across all term deposits held either solely or jointly with any person is $10 million.
For more information on ASB Term Fund refer to the ASB Cash Fund and ASB Term Fund Terms and Conditions. Units in the ASB Term Fund are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). Investments made in the ASB Term 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.
