GlobalPlus home loan

Earn Airpoints Dollars on all outstanding balances.

  • Tailored repayment option
  • Choose a fixed, variable or combination of interest rates

More detail

Earn Airpoints Dollars just for having a home loan

Only a GlobalPlus home loan1 lets you earn Air New Zealand Airpoints Dollars every month based on the balance of your loan. For every $1,000 you have outstanding each year, you’ll earn one Airpoints Dollar2. This means an average outstanding balance of $100,000 over a year, will earn 100 Airpoints Dollars in that year, and they’ll be paid out monthly.

Choose how you’d like to repay your loan

GlobalPlus home loans have plenty of flexibility so you can set your loan up to suit your lifestyle. Choose fixed or floating interest rates, or a combination of the two.

Make lump-sum repayments even with fixed interest

Making lump-sum repayments is a great way to repay your loan faster and reduce the overall cost of interest. With a floating GlobalPlus home loan you can repay any amount in a lump sum whenever you like. And a fixed rate GlobalPlus home loan lets you repay up to 5% of the original loan amount a year without worrying about early repayment charges. 

 Floating Home Loan Interest Rate3,4
This rate may differ for existing home loan customers. For more information please call us free on 0800 ASK BNZ (0800 275 269)
Current Interest Rate % p.a. View rates here

 Fixed Home Loan Interest Rates3,4
Term Current Interest Rate % p.a.
6 months
1 year
18 months
2 years
3 years
4 years
5 years
7 years

 Service Fees5
Fee Name What is the fee?
Establishment Fee
Personal Lending to individuals6		 Up to $400
Establishment Fee
All other lending including but not limited to cases where investment properties, family trusts or companies are involved		 Up to 1% of loan amount.
Rollover/Re-fix Fee
(Re-fix the interest rate on your home loan)		 $1507
Top Up Fee
(Apply to increase your overall home loan borrowing)		 $2507
Re-documentation Fee
(New loan agreements or amendments are required for services such as product changes, borrower changes, some types of repayment changes etc)		 $2507
Re-draw Fee
(Re-draw funds that your original loan approval covered, but that you may have repaid faster than the minimum requirement. Re-draw cannot take place while your loan is on a fixed interest rate, but you can ask us to Re-draw funds when your fixed period is about to expire)		 $25


Next steps

Apply online nowFind a store 0800 275 269

Small print

  1. BNZ (and its related companies) do not guarantee the redemption of Airpoints Dollars or that Airpoints Dollars will continue to be offered for products or services provided by them.
  2. Airpoints Dollars earning rates can change without notice. 
  3. GlobalPlus home loans are not included in group balance calculations for fee rebate or other purposes.
  4. For interest rates applicable to packaged offers, please call us free on 0800 ASK BNZ (0800 275 269)
  5. Account Fees may be charged in addition to Service Fees and that all fees are subject to change without notice.
  6. For individual customers (where the customer is a natural person and not a company/trust) if the loan is primarily for personal, domestic, or household purposes.
  7. For all non-personal lending (including but not limited to cases where investment properties, family trusts or companies are involved) a fee of up to 1% of the loan may be charged for this service.

Air New Zealand Airpoints Programme terms and conditions apply. An Airpoints joining fee may apply.

Our lending criteria and establishment or re-documentation fees applies. A Low Doc or Low Equity Interest Rate Premium may apply. Loans are not available for business purposes or packaged offers. A higher interest rate may apply to loans if the application is accepted but does not meet our standard lending criteria.