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
Mortgages
| Product | Rate (p.a.) | Monthly Payment | Total Payment Amount | |
|---|---|---|---|---|
| Bank of New Zealand Standard 3 years | 5.69% | $1,450.29 | $522,103.26 | Go to site |
| Bank of New Zealand Standard 4 years | 5.79% | $1,466.17 | $527,821.25 | Go to site |
| Bank of New Zealand Standard 5 years | 5.89% | $1,482.13 | $533,567.05 | Go to site |
| Bank of New Zealand Standard 6 months | 5.99% | $1,498.17 | $539,340.39 | Go to site |
| Bank of New Zealand Standard Floating | 7.44% | $1,738.82 | $625,974.90 | Go to site |
| Bank of New Zealand Rapid Repay Revolving | 7.54% | $1,757.94 | $632,859.06 | Go to site |
| Bank of New Zealand Mortgage One Revolving | 7.54% | $1,757.94 | $632,859.06 | Go to site |
| Bank of New Zealand TotalMoney Offset | 7.54% | $1,765.94 | $635,739.06 | Go to site |
| Bank of New Zealand Standard 1 year | 5.79% | $1,466.17 | $527,821.25 | Go to site |
| Bank of New Zealand Standard 18 months | 5.59% | $1,434.48 | $516,413.37 | Go to site |
| Bank of New Zealand Standard 2 years | 5.59% | $1,434.48 | $516,413.37 | Go to site |
Credit Cards
| Product | Int. Rate Purchases (p.a.) | Balance Transfer | Annual Account Fee | Interest Free Days | |
|---|---|---|---|---|---|
| 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 | |
| BNZ Lite Visa | 13.50% | $5 every 6mos | Up to 55 days | Go to site |
Car Insurance
| Product | Car Insurance Type | Legal Liability | Damaged by Uninsured Vehicle | |
|---|---|---|---|---|
| Third Party, Fire & Theft Insurance | Third party, Fire, Theft | Up to $20,000,000 property damage, $1,000,000 bodily damage | Up to $3,000 | Go to site |
| Supreme Cover | Comprehensive | Up to $20,000,000 property damage, $1,000,000 bodily damage | No | Go to site |
| Third Party only | Third party | Up to $20,000,000 property damage, $1,000,000 bodily damage | Up to $3,000 | Go to site |
Business Credit Cards
| Product | Int. Rate Purchases (p.a.) | 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 |
Business Overdrafts
| Product | Interest Rate (p.a.) | Establishment Fee | Monthly Overdraft Fee | |
|---|---|---|---|---|
| MyMoney for Business + Overdraft | 12.00% | 0.15% per month (min $5.00) | Go to site | |
| Business First Transact + Overdraft | 12.00% | 0.15% per month (min $5.00) | Go to site | |
| Business First OnCall + Overdraft | 12.00% | Go to site |
Savings Accounts
| Product | Minimum Deposit Amount | Maximum Deposit Amount | Rate (p.a.) | |
|---|---|---|---|---|
| Rapid Save |
- |
- |
3.75% | Go to site |
| YouMoney |
- |
- |
0% | Go to site |
Term Deposits
| Product | Rate (p.a.) | Minimum Deposit | Maximum Deposit | |
|---|---|---|---|---|
| 30 – 59 days | 2.5% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 3 years | 4.4% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 7 – 29 days | 2.5% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 5 years | 4.4% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 210 – 239 days | 5% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 190 – 209 days | 5.1% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 240 – 269 days | 4.9% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 160 – 179 days | 4.75% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 180 – 189 days | 5.1% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 120 – 149 days | 4.2% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 150 – 159 days | 4.75% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 4 years | 4.4% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 90 – 119 days | 4.1% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 60 – 89 days | 2.85% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 2 years | 4.35% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 18 months | 4.55% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 270 – 364 days | 4.9% |
$2,000.00 |
$5,000,000.00 |
Go to site |
| 1 year | 4.75% |
$2,000.00 |
$5,000,000.00 |
Go to site |