Are my Bonus Bonds still valid?

Are my Bonus Bonds still valid?

50 years after being created Bonus Bonds are to be closed down. Bonus Bond investors who held on to their bonds will get $1.10 for each of them, ANZ Investment Services says. ANZ announced the closure of the giant Bonus Bonds trust in August but withdrawals were suspended in October.

Can I still withdraw my Bonus Bonds?

You can redeem your Bonus Bonds at any time before the intended wind up and benefit from any prize draws that you may be eligible for. You don’t need to do it straight away as the scheme continues to run. If you have an active MyBonusBonds account, log in and select ‘Cash in My Bonds’ from the left hand menu.

How much is a unit of Bonus Bonds?

A single bonus bond or unit translates to one dollar, and each unit owned has a chance of winning.

How do I withdraw my bonus bonds ANZ?

ANZ customers and non-customers can cash in their bonds online if they have an active mybonusbonds account by logging in and selecting the “cash in my bonds” option. They can either select an existing bank account number or add a new account to have the money deposited into.

How do I claim my bonus bonds ANZ?

Simply get in touch by calling the Bonus Bonds Wind-up Contact Centre, on 0800 266 374 between 8am and 6pm, Monday to Friday. Please note, you don’t need to come into an ANZ branch – when you call they will let you know how to provide the details of your bank account.

How can I get free money in NZ?

Unclaimed Money

  1. Trust money.
  2. Maori Trustee funds.
  3. Solicitor Trust Fund accounts.
  4. Bank deposits.
  5. Employee benefits.
  6. Insurance proceeds.
  7. Unclaimed property funds.

How can I make free money in NZ?

19 Lucrative Ways to Make Money Online in New Zealand

  1. Take paid online surveys.
  2. Share your online activity.
  3. Scan your groceries.
  4. Get cashback and free signup bonuses with Ebates/Rakuten.
  5. Start a Service business.
  6. Become a Freelance Writer.
  7. Become a Trademe Seller.
  8. Data entry.

How do I claim bonus bonds?

Do you pay tax on bonus bonds?

​Bonus Bonds pays all tax on the prizes (the interest), which means whatever you win won’t be treated as income. For bondholders who pay tax, that gives some advantage to the investment.

Are Bonus Bonds Government guaranteed?

But Bonus Bonds attracts people who don’t like making decisions about their money.” ANZ has invested the Bonus Bonds funds in low-risk assets. The programme has a AAA credit rating, but it’s not protected by the government’s guarantee scheme.

How do I claim a bond?

To file a claim for a savings bond that is lost, stolen, or destroyed, complete a Claim for Lost, Stolen, or Destroyed United States Savings Bonds (FS Form 1048). Please sign the form in the presence of an authorized certifying officer (available at a bank, trust company, or credit union).

Is there an expiry date on Bonus Bonds?

Each Bonus Bond has a unique identifying number (such as 14804 895816) and will be entered automatically into monthly draws for prizes. There are no fees charged, and your Bonds have no expiry date.

How much can you invest in Bonus Bonds?

You can invest in Bonus Bonds with as little as $20, which will buy you 20 bonds valued at $1 each. Each Bonus Bond has a unique identifying number (such as 14804 895816) and will be entered automatically into monthly draws for prizes. There are no fees charged, and your Bonds have no expiry date.

When does the Bonus Bonds scheme end in New Zealand?

With low interest rates continuing to reduce the Bonus Bonds prize pool, the Bonus Bonds scheme closed to new investment on 25 August 2020 and ANZ Investment Services New Zealand Limited (ANZIS) announced the intention to begin winding up the Scheme no later than the end of October 2020.

What happens to Bonus Bonds in a wind up?

In a wind-up situation, no Bonus Bonds can be purchased or redeemed and we will return funds to bondholders as they become available. There will no longer be a monthly prize draw. You are not able to cash in your Bonus Bonds, instead you will receive one or more distributions from the Scheme during the wind-up process.

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