How to be eligible for student benefits:
To apply for student benefits, you will need to have any income direct credited to your YouMoney account and qualify under either of the following criteria:
- Full or part time students and apprentices (enrolled in at least one paper per semester, for at least 12 months), while you are studying through an NZQA accredited tertiary provider
OR
- Those who have graduated from such a course within the past 12 months.
Your eligibility for student benefits expires 5 years after you apply, or 2 years after you graduate, unless you reapply, or discontinue studying (in which case you are no longer eligible for the student benefits).
To apply for an overdraft, you must be 18 years or over and be a permanent NZ resident. Lending criteria and facility fees apply unless otherwise stated. Up to $1,000 interest free overdraft for first year students, $1,500 for second year students and $2,000 for third and subsequent year students and graduates. Once you are no longer eligible for the interest free overdraft, the bank’s prevailing Personal Overdraft Base Interest Rate (plus a customer margin set out in the Overdraft Agreement you have with us) will apply to the overdraft.
YouMoney fee waiver/discount is available if you meet the student benefits eligibility criteria. Service fees may still apply. Terms and fees apply.
$10 annual fee waived for the first 12 months when you get a BNZ Flexi Debit Visa at the time of opening a new YouMoney transaction account. After the first 12 months, you will be charged a $10 annual fee.
Apple Pay works with iPhone 6 and later in stores, apps and websites in Safari; with Apple Watch in stores and apps; with iPad Pro, iPad Air 2 and iPad mini 3 and later in apps and websites; and with Mac in Safari with an Apple Pay enabled iPhone 6 or later or Apple Watch. For a list of compatible devices, see support.apple.com.
To use Google Pay, you need an NFC-enabled Android™ device (KitKat 4.4+) and the BNZ Mobile Banking app.
Online and phone purchases made on international orders charged in a foreign currency will incur a foreign currency service fee.
Foreign currency service fees and overseas ATM withdrawal fees apply. Electronic transaction charges apply for Flexi Debit Visa purchases.
A month refers to the period from the last business day of the previous calendar month to the second to last business day of the current calendar month. For the month that an account is opened, the opening balance is nil. In order to qualify for bonus interest, a deposit must be made to the account (not including any interest paid) at any time before the end of that month, and must be greater than any withdrawal made. Bonus criteria regarding one withdrawal a month still applies.
BNZ Investment Services Limited, a wholly owned subsidiary of BNZ, is the Issuer and Manager of the BNZ KiwiSaver Scheme. Download a copy of the BNZ KiwiSaver Scheme Product Disclosure Statement PDF 1.7MB, or pick up a copy from a BNZ store. Investments made in the BNZ KiwiSaver Scheme do not represent deposits or other liabilities of BNZ or any other member of the National Australia Bank Limited group, and are subject to investment risk, including possible delays in repayment and loss of income and principal invested. None of BNZ, any other member of the National Australia Bank Limited group, the Supervisor, any director of any of them, the Crown or any other person guarantees (either fully or in part) the performance or returns of the BNZ KiwiSaver Scheme or the repayment of capital.
If you’ve been a regular contributor to KiwiSaver for three years or more, you might be eligible for a grant to help you buy your first home. You could get $1,000 a year for each year you’ve been a KiwiSaver member (up to a maximum of $5,000) if your first home will be an existing home. Or, you could get $2,000 a year for each year you’ve been a KiwiSaver member (up to a maximum of $10,000) if your first home will be newly built. This grant is administered and paid by Housing New Zealand. For more information and details about how to apply, please visit the Housing New Zealand website or call Housing New Zealand on 0800 801 601.
To apply for an Advanced Personal Loan, you must be 18 years or over and be a permanent NZ resident. Lending criteria and facility fees apply unless otherwise stated.
Maintenance sometimes required. Mobile coverage and data required to access BNZ online banking services and the BNZ Mobile Banking App.
Apple, the Apple logo, Apple Pay, Apple Watch, iPad, iPhone, iTunes, Mac, Safari and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries.
Android, Google Pay, and the Google logo are trademarks of Google LLC.
