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ASB Lifts Term Deposit Rates
ASB has made changes to its term deposit rates,
increasing seven out of eight of its short-term
rates.
ASB’s short-term deposit rates will increase by up to 0.35% across different terms between one month and 12 months.
ASB’s six-month term deposit rate is market leading across the major banks at 5.55%. Longer-term term deposit rates (18 months to 60 months) are unchanged and remain the most competitive main bank rates on offer.
ASB’s term deposit rate changes below, effective Thursday 18 May 2023.
ASB Bank
Helping you get one step ahead.
In 1847, ASB opened as the Auckland Savings Bank with the pledge: 'to serve the community; to grow and to help Kiwis grow'. And that is very much what ASB is about today.
ASB is a leading provider of integrated financial services in New Zealand including retail, business and rural banking, funds management and insurance.
ASB strives to consistently provide its customers with outstanding service and innovative financial solutions. They're dedicated to providing simple financial products that allow their customers to bank with them how and when they want.
We all have our own ways to measure progress, and our own stories about the things that matter to us. Whatever way you choose to measure progress, and whatever your goals, ASB is there to help you get one step ahead.
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