Transaction accounts rates and fees

 TotalMoney Transaction Accounts1 - Interest Rates and Fees
Credit Balance Interest Rates
Current % p.a
Effective 14 March 2011		 Loading ($0 - $99,999)

Loading ($100,000 +)
Monthly2 base or account management fee $10.00 Charged to one TotalMoney account.
No account fees apply to the following: No charges for deposits12 and withdrawals. It also includes the set up and amendment of Automatic Payments and Bill Payments using Internet Banking*. Other Service Fees still apply.

 

 Life Stage Transaction Accounts - Interest Rates and Fees
  Dynamic Money3 MyMoney1 Smart Money4 Silver Service5
Credit Balance Interest Rates
Current % p.a		 Loading ($0+) Loading Loading Loading
Monthly2 base or account management fee No charge $5.00 No charge No charge
Manual Transaction Fee:
(Cheques7, Store and Staff Assisted transactions).		 No charge No charge 75 cents* No charge
Electronic Transaction Fee (Internet, Electronic (including EFTPOS, Direct Debits and Telephone Banking), Automatic Payments6 and ATM transactions) No charge No charge 35 cents* No charge

 

 Personal Transaction Accounts - Interest Rates and Fees
  Ready Money11 Campus Pack8 Graduate Pack9
Credit Balance Interest Rates
Current % p.a		 Loading Loading Loading
Monthly2 base or account management fee $3.50 None None
Manual Transaction Fee:
(Cheques7, Store and Staff Assisted transactions).		 75 cents No charge No charge
Electronic Transaction Fee (Internet, Electronic (including EFTPOS, Direct Debits and Telephone Banking), Automatic Payments6 and ATM transactions) 35 cents No charge No charge

 

Overdraft facility fees and Unarranged overdraft fees
  Campus Pack8 Graduate Pack9
 TotalMoney1 MyMoney1
Overdraft establishment fee
(Payable on establishment of facility)		 No Facility Fee for overdraft establishment. Other Facility Fees may apply No Facility Fee for overdraft establishment. Other Facility Fees may apply $30.00 $30.00
Overdraft facility fee10
 (Payable monthly in arrears)		 $2.00 per month $2.00 per month $5.00 per month $5.00 per month
Unarranged overdraft fee10
 (Payable monthly in arrears for overdrawn balances greater than $20)		 $2.00 per month $2.00 per month $10.00 per month $10.00 per month
  Smart Money4 Ready Money11 Silver Service5  
Overdraft establishment fee
(Payable on establishment of facility)		 $30.00 $30.00 $30.00  
Overdraft facility fee10
(Payable monthly in arrears)		 $5.00 per month $5.00 per month $5.00 per month  
Unarranged overdraft fee10
 (Payable monthly in arrears for overdrawn balances greater than $20)		 $10.00 per month $10.00 per month $10.00 per month  

 

If you would like more information on any of the transaction accounts featured above, send us an email with your query or phone us any time on 0800 ASK BNZ (0800 275 269).

Small print

  1. TotalMoney and MyMoney are not available for business purposes.
  2. 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 calendar month and the second to last business day of the current month, inclusive.
  3. Dynamic Money is especially designed for individual personal customers under the age of 19 who can satisfy our normal account opening criteria to qualify for reduced fees.
  4. Smart Money is especially designed for personal customers under the age of 30 who can satisfy our normal account opening criteria to qualify for reduced fees. No charges for deposits to the account or for the first two staff assisted withdrawals per month. No charges for the combined total of your 30 most expensive BNZ ATM, BNZ Internet and electronic transactions each month (non-BNZ ATM transactions not included). Automatic payments are included in the 30 electronic transactions.
  5. Must have National Superannuation payment or equivalent retirement income direct credited into this account to qualify for fee savings.
  6. Payments into your account from other parties by way of BNZ Internet Banking, Automatic Payment or ATM are classed as Electronic Transactions.
  7. Government stamp duty charges for cheques apply. Cheque book facility fee of $1 per month applies.
  8. Campus Pack is only available to full or part time students studying for a minimum duration of one year at a New Zealand NZQA-accredited tertiary institution, and that have
    their income direct credited to their Campus Pack account. ‘Part time’ means being enrolled for at least one paper per semester.
  9. Graduate Pack is only available if you have graduated from a tertiary level course within the last 12 months.
  10.  Debit interest charges also apply, minimum charge $1.00.
  11. Account Fee Rebates may apply.
  12. Fees for Telegraphic Transfers will still apply.

*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.

Service Fees are not included in the Monthly Fee Rebates. Fees are subject to change. See our Personal Account Service and Facility Fee brochure in store.

Personal and Business Account Rebates may also apply.