How do I reinvest my ASB Term Investment?
Last Updated: 30 Oct 2024
If your term investment has matured and you're within five days of maturity, you can use either FastNet Classic internet banking or the ASB Mobile Banking app to make changes to your investment:
To reinvest using FastNet Classic:
- Log into FastNet Classic.
- On the Balances page, select the term investment you want to reinvest.
- Follow the simple steps to reinvest and select new terms and rates.
Or use the ASB Mobile banking app:
- Log into the ASB Mobile app.
- On the Accounts page, select the term investment you want to reinvest.
- Follow the simple steps to reinvest and select new terms and rates.
You can also visit our helpful How to guide that will step you through the process. Further information can be found here.
Did this answer your question?
Related Answers
-
No, once a term deposit or ASB Term Fund account is set up you won’t be able to add more ...
-
Yes, if your investment in a term deposit or an ASB Term Fund account is for a term of six ...
-
If you've earned more than NZ$20 worth of interest at the end of the tax year (i.e. 31 March) and ...
-
Term deposit With a term deposit you can access your money earlier, but you’ll have to give us 31 days’ ...
-
There are two key differences between a term deposit and an ASB Term Fund account: How the investment is taxed, ...
-
When you have a term investment, you earn interest on the principal you’ve invested. And when that principal and interest ...
-
You'll need to calculate your interest and Resident Withholding Tax manually. In FastNet Classic you can locate the details from ...
-
Term deposit history cannot currently be viewed in FastNet Classic internet banking. If you’d like to view your term deposit ...
-
A 31 day notice period is required to comply with a regulatory standard which affects Australian owned banks. ANZ, BNZ ...
-
If you're able to make an early withdrawal we apply a reduced rate of interest to the amount that is ...
