Public notices

If you require more information on any of these notices please visit your local BNZ store or phone 0800 269 562View Financial Markets Authority (FMA) notices.

Notification of changes to BNZ Internet Banking Terms and Conditions

Effective 5 May 2015

We would like to advise our customers that we are changing the BNZ Internet Banking Terms and Conditions, with effect from 5 May 2015.

The BNZ Internet Banking Terms and Conditions have been redesigned to be clearer and easier for our customers to understand. Specific changes include:

  • Alignment with the BNZ Standard Terms and Conditions
  • New and updated sections for payments and telegraphic transfers.

For a copy of the BNZ Standard Terms and Conditions visit bnz.co.nz or any BNZ store. The new BNZ Internet Banking Terms and Conditions will be available from 5 May 2015.

If you have any questions, give us a call on 0800 275 269.

Notification of changes to GlobalPlus Credit Cards

Effective 1 May 2015

With effect from 1 May 2015, we are changing the Terms and Conditions, fees, standard earn rates and interest free days of our BNZ GlobalPlus Classic and Gold Cards, GlobalPlus Platinum Visa Card and GlobalPlus Business Visa Card.

The amended terms will be in the consolidated BNZ Advantage Credit Card Terms and Conditions which will be available on bnz.co.nz and in BNZ Stores from 1 May 2015. 

Changes include:

  • GlobalPlus Credit Cards will be called BNZ Advantage Credit Cards.
  • Cash back will be earned on BNZ Advantage Credit Cards.
  • Airpoints™ will not be earned and all references to Airpoints, Air New Zealand and GlobalPlus have been removed.
  • Required changes due to the consolidation of the 3 sets of terms.
  • The terms are clearer and easier to understand

From 1 May 2015 the fees, earn rates and interest free days on our BNZ Advantage credit cards, with a comparison to the current, will be as follows:

Classic

 CurrentFrom 1 May 2015
  Airpoints Cash back
Earn rate - Visa & Mastercard 1APD:$150 spend $1:$150 spend
Earn rate - AMEX 1APD:$100 spend $1:$150 spend
Annual fee $55 $48
Additional/joint fee $12.90 $12
Interest free days up to 44 up to 55

Gold

 CurrentFrom 1 May 2015
  Airpoints Cash back
Earn rate - Visa & Mastercard 1APD:$100 spend $1:$100 spend
Earn rate - AMEX 1APD:$67 spend $1:$100 spend
Annual fee $105 $80
Additional/joint fee $34.90 $25
Interest free days up to 44 up to 55

Platinum Visa

 CurrentFrom 1 May 2015
  Airpoints Cash back
Earn rate 1APD:$90 spend $1:$75 spend
Annual fee $200 $145
Additional/joint fee $0 $20
Interest free days up to 44 up to 55

Business Visa

 CurrentFrom 1 May 2015
  Airpoints Cash back
Earn rate 1APD:$90 spend $1:$75 spend

 

Notification to BNZ Home Loan customers

Effective 1 May 2015

GlobalPlus Home Loans are no longer available for new customers to take out, or for existing customers to switch to.

If you currently have a GlobalPlus Home Loan, we’ve written to you with more detail of the changes to your loan.

Notification of changes to BNZ Flexi Debit Visa Terms and Conditions

Effective from 17 March 2015

We would like to advise our customers that we are changing the BNZ Flexi Debit Visa Terms and Conditions, with effect from 17 March 2015.

The BNZ Flexi Debit Visa Terms and Conditions have been redesigned to be clearer and easier for our customers to understand. Specific changes include:

  • Clarification that the BNZ Standard Terms and Conditions also apply, as a BNZ Flexi Debit Visa relates directly to a transaction or savings account.
  • Updating the time period to advise Terminal, EFTPOS and Card faults from 30 days of the date of the last statement to within 60 days of the date of the transaction.

For a copy of the BNZ Standard Terms and Conditions visit bnz.co.nz or any BNZ store. The new Flexi Debit Visa Terms and Conditions will be available from 17 March 2015.

If you have any questions, give us a call on 0800 275 269.

Rapid Save credit interest rate changes

Effective from 16 February 2015

The following Rapid Save account credit interest rates will apply for new and existing customers.

Rapid SaveApplies toInterest rate p.a.
Base rate $0+ 0.10%
Bonus rate $0+ 3.80%
Maximum potential yield $0+ 3.90%

 

CallApplies toInterest rate p.a.*
Personal OnCall $0+ 2.80%
Business First OnCall $0+ 2.80%
Farm First Call $0+ 2.80%
Private Bank Call $0+ 2.80%
Client Funds Call $0+ 2.80%

 

TotalMoney (credit funds only)Applies toInterest rate p.a.*
TotalMoney $0-$99,999
$99,999+
1.15%
2.80%

 

PIEApplies toInterest rate p.a.*
Cash PIE $0+ 3.15%

* 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 require more information please visit your local BNZ store or phone 0800 269 562

Rapid Save credit interest rate changes

Effective from 12 January 2015

The following Rapid Save account credit interest rates will apply for new and existing customers.

Rapid SaveApplies toInterest rate p.a.
Base rate $0+ 0.10%
Bonus rate $0+ 3.90%
Maximum potential yield $0+ 4.00%