Public notices

If you require more information on any of these notices please visit your local BNZ store or phone 0800 269 562.

View Financial Markets Authority (FMA) notices

Call account interest rate changes

Effective from 03 April 2017

Our new interest rates for new and existing customers are decreasing as follows:

Product
interest rate p.a.*
new INTEREST RATE P.A.*

Business First OnCall Acount

0.35% p.a.

0.25% p.a.

Farm First Call 

0.35% p.a.

0.25% p.a.

BNZ Private Banking

0.35% p.a.

0.25% p.a.

Interest rates are subject to change. Full details, Standard Terms and Conditions, a copy of our current disclosure statements and Qualifying Financial Entity Disclosure Statement may be obtained from any BNZ store. If you require more information, please visit your local BNZ store or phone 0800 269 562.

HomeAdvantage Mastercard interest rate changes

Effective for statements with a closing date of 14 April 2017 or later

The purchase interest rate for HomeAdvantage Mastercard credit cards is increasing as follows: 

Current purchase interest rate
new purchase interest rate
 5.79% p.a.  5.90% p.a.

Interest rates are subject to change. Full details, Standard Terms and Conditions, a copy of our current disclosure statement and Qualifying Financial Entity Disclosure Statement may be obtained from any BNZ store. If you need more information, please visit a BNZ store or phone 0800 269 562.

Home loan variable interest rate changes 

Effective from 28 February 2017

Our variable interest rates for new home loan customers effective from 28 February 2017, and existing home loan customers effective from 14 March 2017, are increasing as follows: 

Product
Current variable interest rate p.a.
New variable interest rate p.a.
 TotalMoney 5.79% 5.90%
 Stanrdard/Fly Buys 5.79% 5.90% 
BNZ Advantage 5.79% 5.90%

Interest rates are subject to change. Full details, Standard Terms and Conditions, a copy of our current disclosure statement and Qualifying Financial Entity Disclosure Statement may be obtained from any BNZ store. If you need more information, please visit a BNZ store or phone 0800 269 562.

Home loan variable interest rate changes 

Effective from 28 February 2017

Our variable interest rates for revolving credit home loan customers are increasing as follows: 

Product
Current variable interest rate p.a.
New variable interest rate p.a.
Rapid Repay 5.85% 5.95%
Mortgage One 6.40% 6.50%

Interest rates are subject to change. Full details, Standard Terms and Conditions, a copy of our current disclosure statement and Qualifying Financial Entity Disclosure Statement may be obtained from any BNZ store.  If you need more information, please visit a BNZ store or phone 0800 269 562.

BNZ issued OneSmart Accounts - Closure

Effective from 01 March 2017 all OneSmart Accounts issued by Bank of New Zealand will be closed (the date of closure has been extended from what was previously advised, 01 February 2017).

This is in accordance with clause 7.3 of the OneSmart Account Terms & Conditions. 

Cardholders will have until 28 February 2017 to transfer the balance to their new OneSmart Account (issued by Travelex Card Services Limited) or withdraw any funds. 

From 09 February 2017, cardholders will no longer be able to load funds to their OneSmart Account issued by Bank of New Zealand.

This is in accordance with clause 11.4 of the OneSmart Account Terms & Conditions.

You can view the OneSmart Account Terms & Conditions at www.airnewzealand.co.nz/onesmart

HomeAdvantage Mastercard interest rate changes

Effective for statements with a closing date of 23 February 2017 or later

The purchase interest rate for HomeAdvantage Mastercard credit cards is increasing as follows: 

Current purchase interest rate
new purchase interest rate
 5.64% p.a.  5.79% p.a.

Home loan variable interest rate changes 

Effective from 25 January 2017

Our variable interest rates for existing home loan customers are increasing as follows: 

Product
Current variable interest rate p.a.
New variable interest rate p.a.
 TotalMoney  5.64%  5.79%
 Stanrdard/Fly Buys  5.64% 5.79% 
 BNZ Advantage 5.64%   5.79%

Home loan variable interest rate changes 

Effective from 11 January 2017

Our variable interest rates for revolving credit home loan customers are increasing as follows: 

Product
Current variable interest rate p.a.
New variable interest rate p.a.
Rapid Repay 5.70% 5.85%
Mortgage One 6.25% 6.40%

Call and Achiever Savings account interest rate changes

Effective from 23 December 2016

We are removing and/or reducing credit interest on certain tiers for existing customers on certain accounts that we no longer offer. The changes are as follows:

Call
APPLIES TO
INTEREST RATE P.A.*

Personal Call

 

$0-$499,999

$500,000+

0.00%

0.10%

Business Advantage Call

$0-$499,999

$500,000+

0.00%

0.10%

Achiever savings
APPLIES TO
INTEREST RATE P.A.*

Base rate

Bonus rate

Maximum potential yield

$0-$4,999

$0-$4,999

$0-$4,999

0.00%

0.05%

0.05%

Base rate

Bonus rate

Maximum potential yield

$5,000+

$5,000+

$5,000+

0.00%

0.05%

0.05%

* Interest rates are subject to change. Full details, Standard Terms and Conditions, TotalMoney Terms and Conditions, BNZ Cash PIE and BNZ Term PIE Terms and Conditions, a copy of our current disclosure statement and Qualifying Financial Entity Disclosure Statement may be obtained from any BNZ store.

If you require more information please visit your local BNZ store or phone 0800 269 562.

TotalMoney account interest rate changes

Effective from 23 December 2016

We are removing and/or reducing credit interest on certain tiers for new and existing customers. The changes are as follows:

TotalMoney (credit funds only)
APPLIES TO
INTEREST RATE P.A.*

TotalMoney

 

$0-$99,999

$100,000+

0.00%

0.10%

* Interest rates are subject to change. Full details, Standard Terms and Conditions, TotalMoney Terms and Conditions, BNZ Cash PIE and BNZ Term PIE Terms and Conditions, a copy of our current disclosure statement and Qualifying Financial Entity Disclosure Statement may be obtained from any BNZ store.

If you require more information please visit your local BNZ store or phone 0800 269 562.