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ASB raises select term deposit rates

ASB raises select term deposit rates

Source: ASB

17 September 2026

ASB has today made increases to its 12-month, 24-month and 5-year term deposit rates. Lending rates remain unchanged.

  • 12-month Term Deposit increasing 10 bps to 4.00%
  • 24-month Term Deposit increasing 10 bps to 4.50%
  • 5-year Term Deposit increasing 25 bps to 5.00%

ASB regularly reviews its interest rates to reflect market conditions and ensure it continues to offer competitive saving and borrowing options for customers.

The updated rates will be available from today.

MIL OSI