Asb Bank Limited

ASB Bank Investment Rates

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ASB Bank is a leading New Zealand bank that offers a range of investment products, including term deposits, savings accounts, and investment funds.

ASB Bank investment rates are competitive, and the bank offers a variety of options to suit different investment needs and goals.

What are ASB Bank’s current investment rates?

ASB Bank’s current investment rates as of October 25, 2023 are as follows:

Term deposits

  • 30 days: 2.50% p.a.
  • 60 days: 2.85% p.a.
  • 90 days: 4.20% p.a.
  • 4 months: 4.20% p.a.
  • 5 months: 4.50% p.a.
  • 6 months: 6.00% p.a.
  • 9 months: 6.10% p.a.
  • 1 year: 6.10% p.a.
  • 2 years: 6.00% p.a.
  • 3 years: 6.00% p.a.
  • 4 years: 6.10% p.a.
  • 5 years: 5.65% p.a.

Savings accounts

  • ASB Cash Fund: 2.90% p.a.

Investment funds

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  • ASB Growth Fund: 5.00% p.a.
  • ASB Balanced Fund: 4.50% p.a.
  • ASB Conservative Fund: 4.00% p.a.

How do I choose the right investment product for me?

When choosing an investment product, it is important to consider your individual investment needs and goals. Some factors to consider include:

  • Your investment horizon: How long do you plan to invest your money for?
  • Your risk tolerance: How much risk are you comfortable with?
  • Your investment goals: What are you hoping to achieve with your investment?

If you are unsure which investment product is right for you, you can speak to an ASB Bank financial advisor.

Benefits of investing with ASB Bank

There are a number of benefits to investing with ASB Bank, including:

  • Competitive investment rates: ASB Bank offers competitive investment rates on its term deposits, savings accounts, and investment funds.
  • Range of investment products: ASB Bank offers a range of investment products to suit different investment needs and goals.
  • Expert advice: ASB Bank has a team of experienced financial advisors who can help you choose the right investment product for you and develop an investment plan.
  • Security: ASB Bank is a leading New Zealand bank with a strong track record. Your investments are protected by the New Zealand Deposit Guarantee Scheme.

ASB Bank offers a range of investment products with competitive rates. When choosing an investment product, it is important to consider your individual investment needs and goals.

You can speak to an ASB Bank financial advisor for expert advice.

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