Everything on this page is taken from BNZ's own published pages. Nobody there has reviewed or supplied it, and we are not them.
We hold figures for 8 of their products, each with the date it was read. If one is out of date, the page it came from is linked beside it.
Products we track
Credit cards
2 products$10 · 13.50%
Fee$10Rate13.50%Overseas2.25%DaysUp to 55
Conditions
- BNZ charge $5 every six months; shown here annualised.
- Cash advances are charged at 22.95% p.a.
Checked 16 September 2026
Source$90 · 18.95%
Fee$90Rate18.95%Overseas2.25%DaysUp to 44
Conditions
- BNZ charge $45 every six months; shown here annualised.
- Purchases and cash advances are both charged at 18.95% p.a.
Checked 16 September 2026
SourceEveryday accounts
1 productYouMoney
No monthly account fee · 0.00% a year
FeeNo monthly account feeTxnsNo transaction feesInterest0.00% a yearOverseas2.25% on BNZ Flexi Debit VisaSource Conditions
- There is no charge, including for unlimited withdrawals.
- BNZ pay credit interest after the bank month ends; a 'bank month' ends on the second to last business day of a calendar month.
- BNZ publish a credit interest rate of 0%, which is a stated rate rather than an absence.
Checked 17 September 2026
SourceBusiness accounts
1 productBusiness First Transact
No monthly base or account fee. · No allowance, no fees
Monthly feeNo monthly base or account fee.Transaction feesNo transaction feesIncludedNo allowance, no feesInterestNot publishedEligibilityTurnover under $5 million
Conditions
- The account charges no electronic or manual transaction fee, so no allowance applies.
- Generally for small and medium enterprises whose turnover is under $5 million a year.
- BNZ state this is generally for everyday business banking needs, and other account-opening criteria apply.
- Service and facility fees may apply, and overdraft facility and unarranged overdraft fees are charged on top.
- BNZ publishes no credit interest rate for the account; the only rate on the page is the overdraft base rate, which is a borrowing cost rather than interest paid.
- BNZ charges account fees on the first day of each bank month for the previous bank month; a bank month ends on the second-to-last business day of a calendar month.
Checked 18 September 2026
SourceKiwiSaver schemes
1 productBNZ KiwiSaver Scheme
None · 0.30%–0.45%
Member feeNoneFund charge0.30%–0.45%Funds8
Conditions
- BNZ state at https://www.bnz.co.nz/personal-banking/kiwisaver that the scheme 'has no monthly member fee'.
8 funds in this scheme
Cash FundFund charge0.30%Performance feeNot published
First Home Buyer FundFund charge0.45%Performance feeNot published
Conservative FundFund charge0.45%Performance feeNot published
Moderate FundFund charge0.45%Performance feeNot published
Default FundFund charge0.35%Performance feeNot published
Balanced FundFund charge0.45%Performance feeNot published
Growth FundFund charge0.45%Performance feeNot published
High Growth FundFund charge0.45%Performance feeNot published
Checked 17 September 2026
SourceSavings accounts
1 productRapid Save
2.20% p.a. on every dollar · Not published
Base rate2.20% p.a. on every dollarBonus rateNone.Bonus conditionsNone.TotalNot publishedNoticeOn call; one free withdrawal a monthFees$0; then $3 per withdrawal
Conditions
- One rate applies on every dollar, whatever the balance.
- The first withdrawal each bank month is free; each further withdrawal costs $3.
Term deposits
1 productTerm deposit
3.60% p.a. · 4.05% p.a.
3 mo2.90% p.a.6 mo3.60% p.a.9 mo3.70% p.a.12 mo4.05% p.a.18 mo4.30% p.a.24 mo4.35% p.a.5 yr4.85% p.a.
Conditions
- Minimum deposit: $2,000. Rates apply to the first $5,000,000 of total deposits with BNZ.
- Interest paid: Monthly or at maturity, depending on the type and term of the deposit.
- Early withdrawal: Allowed if BNZ agrees; the reduced rate is a percentage of the original rate set by the remaining term, and a break fee may apply.Source
- BNZ's featured rates (180 days 3.60% p.a., 270 days 3.70% p.a., 1 year 4.05% p.a.) are identical to the standard rates in its term deposit table, so no standout promotional rate is carried beside them.
- The BNZ Term PIE table on the same page is a separate product with a different tax treatment and is not carried in these columns.
- BNZ publishes 7, 30, 60, 90, 120, 150, 180, 210, 240 and 270-day terms and 1, 18-month, 2, 3, 4 and 5-year terms; only the seven compared terms are carried.
Youth accounts
1 productYouMoney for kids
No monthly account fee and no transaction fees. · 0% p.a. credit interest, as BNZ publishes it.
AgeA parent or guardian opens and operates it for a child under 13; from 13 the child can open and operate it themselves and remove a parent if they choose. No closing age.Monthly feeNo monthly account fee and no transaction fees.Interest0% p.a. credit interest, as BNZ publishes it.Bonus conditionsNone: the account pays no credit interest.CardAn Eftpos card from 10, with a parent or guardian completing an indemnity form for 10 to 12 year olds; a Flexi Debit Visa in the child's own name from 13.At the limitNo age limit. The account continues unchanged with the holder's age.
Conditions
- BNZ's children's page states the YouMoney account pays no credit interest. BNZ also offers Rapid Save on its own page, a savings account paying 2.20% p.a. on every dollar with one free withdrawal each bank month and $3 for each subsequent withdrawal.
SourceEvery figure on this page was read from BNZ's own published pages. We are not BNZ and this page is not theirs.