Mybonusbonds Form
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People also ask
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How do I find out if I still have Bonus Bonds?
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.
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Are Bonus Bonds still valid?
In August 2020, ANZ announced that the Bonus Bonds scheme would be wound up in October 2020, stating that "low interest rates had reduced the investment returns of the scheme affecting the size of its prize pool".
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What can you do with Bonus Bonds?
You can invest or withdraw without penalty, and each bonus bond is worth $1. A bonus bond will not increase or decrease in value, so if you invest $1,000, you buy 1,000 bonds, and will receive $1,000 when you withdraw your investment. Each $1 bond has the same chance of winning a prize.
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What happened to Bonus Bonds?
Bonus Bonds, a Kiwi investment institution that was introduced by the Government in 1970, is winding up. ANZ has been running the scheme since 1990, but decided two years ago that the bonds had done their dash and started the process of reuniting punters with their cash.
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How did Bonus Bonds work?
What Were Bonus Bonds? People with Bonus Bonds invested their money in a giant low-return diversified fund that paid out the interest it earned through monthly prize draws, giving bondholders a small chance of winning $1 million each month, or far more likely, one of numerous smaller prizes.
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How do Bonus Bonds work?
A bonus bond will not increase or decrease in value, so if you invest $1,000, you buy 1,000 bonds, and will receive $1,000 when you withdraw your investment. Each $1 bond has the same chance of winning a prize. As it is a lottery, the more bonds you hold, the higher chance you have of winning.
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Can I still cash in my Bonus Bonds?
As at 26 February 2024, the Bonus Bonds Scheme was fully wound up and any unclaimed Bonus Bonds wind-up distributions have become subject to the Unclaimed Money Act 1971 (UMA).
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What are the prizes for Bonus Bonds?
Each month the trust paid out a total of NZ$7.9 million, consisting of 248,000 random tax-paid cash prizes, based on the amount invested, with three top prizes: one of $1,000,000, one of $100,000 and one of $50,000.
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