ASB gives Kiwis the chance to pay-it-forward with term deposit donation offer

ASB is celebrating its 11-year partnership with Ronald McDonald House Charities® New Zealand by launching a term deposit offer which will see the bank donate up to $100,000 to the charity on their customers' behalf.

"We've proudly supported the team at Ronald McDonald House Charities® New Zealand for more than a decade and we've seen first-hand how tirelessly they work supporting families with children in hospital away from home. We're trying to help raise awareness of the important work they do and help raise valuable funds for them at the same time.

"From now until early June, when a customer takes out an eight-month term deposit we'll donate $10 to Ronald McDonald House Charities® New Zealand up to $100,000. Those donations will help provide vital accommodation and support to families who are already dealing with enough stress and uncertainty," says Craig Sims, ASB executive general manager retail banking.

ASB's eight-month donation term deposit rate is subject to change but is currently 3.25% p.a. and is effective from 20 May 2019. The donation offer will run until the $100,000 donation goal is reached or until 10 June 2019.

Conditions apply.

For more information about ASB Term Deposits go to https://www.asb.co.nz/term-investments

About ASB as National Premier Partner of Ronald McDonald House Charities:
ASB has been working with Ronald McDonald House Charities in Auckland and Wellington since 2008. ASB has provided funding for the Grafton Mews family kitchen in Auckland, and the community room in Wellington. In addition, ASB staff volunteer their time at the houses, cooking thousands of plates of food each year for families' dinners. Along with making RMHC New Zealand the official charity partner of ASB events such as the NZ Art Show and the ASB Christchurch Marathon.