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Bonus Bonds |
One specific way to save and have a chance to win cash prizes.
Bonus Bonds are specifically and impressive savings with opportunities to win cash prizes every month tax free - including the first prize of $ 1 million, a $ 100,000 grant and a prize of $ 50,000. Also most awards of $ 5,000, $ 500, $ 100, $ 50 and $ 20!
The mix of prizes in a month can still change the minimum quantity of first prizes will be based on the structure of the prizes above.
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How it works
More Bonus Bonds have, the more chance you have of winning. For example, $ 20 in bonds Bonus allows you 20 chances to win and $ 5,000 in bonds Bonus gives you a chance to win 5,000.
Your bonus bonds are suitable for the first monthly premium designs when they have held for a full month following the date of purchase and a minimum of $ 20 applies.
Bonus Bonds also make thoughtful gifts and excellent for anyone, whatever the occasion - birthdays, weddings, Christmas or to say congratulations.
How to buy
Buying Bonus Bonds for the first time
When you buy Bonus Bonds for the first time, you'll need to be registered as a bondholder and buy a minimum of $20 worth of Bonus Bonds, either. One of the five default KiwiSaver scheme makers appointed by the Government.
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