Media alert
Friday 6 June 2014
ASB introduces new five year fixed rate special
ASB is introducing a new five year fixed rate special of 6.85% p.a.
The special five year rate applies to new and existing lending for customers who have at least 20% equity (i.e. a Loan
to Valuation Ratio of less than or equal to 80%), an ASB credit card and have salary or wages credited to their main
transaction account with ASB. The new five year special rate is in addition to our revised two year fixed special of
5.85% p.a.
“This new five year fixed term special provides customers with a great rate and certainty over the long term as we
approach the Reserve Bank’s review of the Official Cash Rate on 12 June,” says Shaun Drylie, ASB General Manager of
Product and Strategy.
Rates are effective from 5pm Friday 6 June 2014.
For more information go to asb.co.nz/homelending
ENDS