Your questions answered

You may have a number of questions following the changes announced around the Bonus Bonds scheme, so we’ve provided the following FAQs to help answer these.

  • Expand/collapse listFuture of Bonus Bonds
    • Expand/collapse listWhy has ANZIS made the decision to stop accepting new investments into Bonus Bonds and potentially wind up the scheme?
    • Expand/collapse listWho is ANZIS?
    • Expand/collapse listI love Bonus Bonds, how has ANZIS determined this is in my best interest?
    • Expand/collapse listWhat does this mean for Bonus Bonds as of today?
    • Expand/collapse listWhat happens to purchases that were in progress when ANZIS stopped purchases?
    • Expand/collapse listCan I still cash in my Bonus Bonds? And could this change in the future?
    • Expand/collapse listWhat are reserves?
    • Expand/collapse listDoes this have to happen now with the country already facing the challenges of COVID-19?
    • Expand/collapse listIf a lot of customers redeem their bonds, what impact will it have on those who choose to leave their Bonus Bonds in?
    • Expand/collapse listHow long would it take to wind up the scheme?
    • Expand/collapse listWhat is the difference between closure and wind up?
    • Expand/collapse listWill any ANZ products be affected by the decision to close and the intention to wind up Bonus Bonds?
    • Expand/collapse listHow does Bonus Bonds compare to Lotto?
    • Expand/collapse listWhy wasn’t I contacted directly about no new sales being accepted?
    • Expand/collapse listShould I be concerned about the safety of my Bonus Bonds?
    • Expand/collapse listWhy doesn't the Bonus Bonds scheme reduce its management fee?
    • Expand/collapse listYou keep encouraging people to save, yet you’re considering doing away with a popular product – why?
    • Expand/collapse listI recently bought Bonus Bonds, why was I not informed sooner?
    • Expand/collapse listI have money in Bonus Bonds. What should I do now?
    • Expand/collapse listCan someone else manage the Bonus Bonds scheme?
    • Expand/collapse listHow are customers with incorrect contact details being informed of changes to the Scheme?
    • Expand/collapse listI currently have my payment method set to “reinvest”. If I win a prize in the October draw, will the prize be reinvested?
    • Expand/collapse listWhat happens if I still have funds in the scheme when it goes into wind-up?