Ready Money

Get fee rebates up to $40 per month.

  • Good for home loan or term deposit customers
  • Optional text or email alerts1
  • No charge for deposits2
  • Overdraft available

More detail

With Ready Money there are no restrictions on the way you can do your banking. Debit card, telephone and internet banking, ATMs, EFTPOS and BNZ tellers are all available to help you manage your money. You also have the option of using cheques3, direct debits and bill payments, plus you can have your income paid directly into your account.

Cut costs with fee rebates

The more banking you do with us the higher your monthly fee rebate4 can be. The rebate starts at $5 a month for a combined total of $25,000 to $49,999 and goes right up to $40 a month for $300,000 or more. Service fees are not included in monthly rebates.

The option to apply for an overdraft

If you need to withdraw more than you have in your account you can apply for an overdraft5. It's an easy way to get a small loan to see you through. Arranging an overdraft facility ahead of time means it's always there when you need it. Plus you're more likely to avoid the embarrassment and inconvenience of having a payment declined.

Avoid surprises - get text or email alerts

You can set alerts1 to tell you when a transaction has gone through, how much money you have, or when you're nearing your limit. And by setting 'do not disturb' times you won't be woken up by an alert. Our internet banking service puts you in control of your alerts; you can change them as often as you choose.

  Rates and fees
Interest rates
Credit Balance Interest Rates
Current % p.a		 View rates here
Monthly6 base or account management fee $3.50
Fees
No account fees apply to the following: No charge for deposits2
Manual Transaction Fee:
(Cheques3, Store and Staff Assisted transactions).		 75 cents. Service Fees may apply
Electronic Transaction Fee (Internet*, Electronic (including EFTPOS, Direct Debits and Telephone Banking), Automatic Payments7 and ATM* transactions) 35 cents. Service Fees may apply
Overdraft facility fees and unarranged overdraft fees
Overdraft establishment fee $30.00 (Payable on establishment of facility)
Overdraft facility fee8 $5.00 per month (Payable monthly in arrears)
Unarranged overdraft fee8 $10.00 per month (payable monthly in arrears for overdrawn balances greater than $20)

Next steps

Apply online nowFind a store 0800 275 269

Small print

  1. Text Alerts cost 25c.
  2. Fees for Telegraphic Transfers will still apply.
  3. Government stamp duty charges for cheques apply.
  4. Account Fee Rebates may apply. Service Fees are not included in the Monthly Fee Rebates. Fees are subject to change. For more information about our standard fees, please ask for our Personal Account, Service and Facility Fees brochure from your nearest store.
  5. Lending criteria, establishment fee and facility fees apply.
  6. Fees are charged on the last business day of each calendar month and are based on the period between the last business day of the previous calender month and the second to last business day of the current month, inclusive.
  7. Payments into your account from other parties by way of BNZ Internet Banking, Automatic Payment or ATM are classed as Electronic Transactions.
  8. Debit interest charges also apply, minimum charge $1.00.

* Although the Telephone and Internet Banking and ATM services will normally be available 24 hours a day, maintenance of the system is required from time to time. Accordingly, certain options may not be available for an average of three hours a week. This maintenance, however, will be carried out at times which will cause the least disruption to you.

Account opening criteria apply.  Details, Standard Terms and Conditions, disclosure statement may also be obtained free at any BNZ store.