Cashing in your Bonus Bonds
Cashing in your Bonus Bonds is easy.
You can do this:
- Online through MyBonusBonds, or
- By completing a Bonus Bonds Redemption Request Form at an ANZ branch (you'll need to show appropriate identification to verify your identity and signature).
Bonus Bonds purchased within the last 4 business days can't be cashed in via MyBonusBonds - you'll need to come into an ANZ branch.
How long does it take through MyBonusBonds?
If you make a cash in request through MyBonusBonds before 7pm on a business day, you'll normally receive payment the next day (for example, if you submit your request on Monday before 7pm you'll normally receive payment on Tuesday). For requests after 7pm or on weekends or public holidays, add an extra business day.
How long does it take at an ANZ branch?
If you make a cash in request at an ANZ branch, you'll normally receive payment within five working days.
How will you receive payment?
If you cash in Bonus Bonds, you’ll receive payment by either direct credit to your bank account, or cheque (if you’ve requested to receive payment by cheque). If you receive payment by direct credit we’ll also write and let you know when the payment is made.
If you’ve previously chosen to receive payment by cheque, you may want to consider choosing direct credit instead as it will save you time and effort - you won’t have to wait for the cheque to arrive and you won’t need to take it into your bank to deposit. When next cashing in your Bonus Bonds, simply tell us your bank account when you are in any ANZ branch and we will make payment directly into your account. Remember to bring appropriate identification.