Asb Term Deposit Rates

Asb term deposit rates calculator

A term deposit lets you lock in a high interest rate, while choosing a term to suit your specific needs. With a NAB Term Deposit you: can open a term deposit with $5,000 or more; can choose a fixed term to suit your needs - from 30 days to five years; pay no application or monthly account fees. ASB's sharp cut in some home loan rates has brought a matching cut in their term deposit rate offers. But the bank didn't cut every rate; in fact it raised the six month rate to 3.40% from 3.25% (shifting the incentive from nine months). Fixed rate mortgages have a set interest rate so that the monthly principal and interest payment stays the same for the life of the loan. We offer Fixed Rate Conforming Loans at both 15 and 30 year terms. Adjustable Rate Mortgages (ARM) An ARM will typically feature a fixed interest rate for an introductory period.

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