Bank of New Zealand

The Bank of New Zealand has been an integral part of New Zealand's past for over 150 years.

The Bank of New Zealand has been an integral part of New Zealand’s past for over 150 years. This financial institution offers a variety of products and services, including savings and investments, mortgages, credit cards, personal loans, insurance, and banking for both immigrants and those living abroad.

Canstar's Bank of the Year - Credit Cards
Canstar Innovation Excellence Awards 2023

Products on offer


Product Rate Monthly Payment Total Payment Amount
Bank of New Zealand Classic 2 years 6.89% $1,645.82 $592,493.54 Go to site
Bank of New Zealand Standard/Fly Buys 2 years 7.49% $1,747.37 $629,054.10 Go to site
Bank of New Zealand Classic 3 years 6.79% $1,629.12 $586,484.97 Go to site
Bank of New Zealand Standard/Fly Buys 3 years 7.39% $1,730.28 $622,901.49 Go to site
Bank of New Zealand Classic 4 years 6.75% $1,622.47 $584,088.53 Go to site
Bank of New Zealand Standard/Fly Buys 4 years 7.35% $1,723.46 $620,446.95 Go to site
Bank of New Zealand Classic 5 years 6.75% $1,622.47 $584,088.53 Go to site
Bank of New Zealand Standard/Fly Buys 5 years 7.35% $1,723.46 $620,446.95 Go to site
Bank of New Zealand Classic 6 months 7.39% $1,730.28 $622,901.49 Go to site
Bank of New Zealand Standard/Fly Buys 6 months 7.99% $1,833.77 $660,156.67 Go to site
Bank of New Zealand Standard/Fly Buys Floating 8.69% $1,957.22 $704,599.63 Go to site
Bank of New Zealand Rapid Repay Revolving 8.69% $1,959.22 $705,319.63 Go to site
Bank of New Zealand Mortgage One Revolving 8.69% $1,959.22 $705,319.63 Go to site
Bank of New Zealand TotalMoney Offset 8.69% $1,967.22 $708,199.63 Go to site
Bank of New Zealand Classic 1 year 7.35% $1,723.46 $620,446.95 Go to site
Bank of New Zealand Standard/Fly Buys 1 year 7.95% $1,826.80 $657,648.13 Go to site
Bank of New Zealand Classic 18 months 7.15% $1,689.53 $608,230.80 Go to site
Bank of New Zealand Standard/Fly Buys 18 months 7.75% $1,792.11 $645,157.88 Go to site

Product Interest Rate Purchases Balance Transfer Annual Account Fee Interest Free Days
BNZ Lite Visa 12.90%% $15 every 6mos Up to 55 days Go to site
BNZ Advantage Visa Classic 20.95%% $20 every 6mos Up to 55 days Go to site
BNZ Advantage Visa Platinum 18.95%% $45 every 6mos Up to 55 days Go to site

Product Car Insurance Type Legal Liability Damaged by Uninsured Vehicle
Third Party, Fire & Theft Insurance Third party, Fire, Theft Up to $20,000,000 Up to $3,000 Go to site
Supreme Cover Comprehensive Up to $20,000,000 No Go to site
Third Party only Third party Up to $20,000,000 Up to $3,000 Go to site

Product Interest Rate Purchases Balance Transfer Annual Account Fee Interest Free Days
BNZ Advantage Visa Business 18.95%% $50 every 6mos Up to 50 days Go to site
BNZ Business First Lite Visa 14.95%% $5/month per card Up to 55 days Go to site
BNZ Purchasing Visa 18.95%% $2/month per card Up to 40 days Go to site

Product Interest Rate Establishment Fee Monthly Overdraft Fee
MyMoney for Business + Overdraft 12.15%% 0.15% per month (min $5.00) Go to site
Business First Transact + Overdraft 12.15%% 0.15% per month (min $5.00) Go to site
Business First OnCall + Overdraft 12.15%% Go to site

Product Minimum Deposit Amount Maximum Deposit Amount Rate
YouMoney

-

-

0% Go to site
Rapid Save

-

-

4.55% Go to site

Product Rate Minimum Deposit Maximum Deposit
90 – 119 days 4.2%

$2,000.00

$5,000,000.00

Go to site
60 – 89 days 3%

$2,000.00

$5,000,000.00

Go to site
2 years 5.65%

$2,000.00

$5,000,000.00

Go to site
18 months 5.9%

$2,000.00

$5,000,000.00

Go to site
270 – 364 days 6.1%

$2,000.00

$5,000,000.00

Go to site
1 year 6.1%

$2,000.00

$5,000,000.00

Go to site
30 – 59 days 2.75%

$2,000.00

$5,000,000.00

Go to site
3 years 5.35%

$2,000.00

$5,000,000.00

Go to site
7 – 29 days 2.75%

$2,000.00

$5,000,000.00

Go to site
5 years 5.25%

$2,000.00

$5,000,000.00

Go to site
210 – 239 days 6%

$2,000.00

$5,000,000.00

Go to site
190 – 209 days 6.05%

$2,000.00

$5,000,000.00

Go to site
240 – 269 days 6%

$2,000.00

$5,000,000.00

Go to site
160 – 179 days 5%

$2,000.00

$5,000,000.00

Go to site
180 – 189 days 6.05%

$2,000.00

$5,000,000.00

Go to site
120 – 149 days 4.3%

$2,000.00

$5,000,000.00

Go to site
150 – 159 days 5%

$2,000.00

$5,000,000.00

Go to site
4 years 5.3%

$2,000.00

$5,000,000.00

Go to site