SBS Bank
Founded in 1869 by James Walker Bain, Southland Building Society (SBS) aimed to provide the people of the south with a secure place for their savings and an opportunity for homeownership. Today, SBS stands as a mutual bank, owned by its members, committed to serving New Zealanders’ financial well-being. As a member-owned bank, 100% of SBS profits stay within New Zealand, contributing directly to the local economy and communities.
Canstar 2022 Bank of the Year - First Home Buyer
Products on offer
Mortgages
| Product | Rate | Monthly Payment | Total Payment Amount | |
|---|---|---|---|---|
| SBS Bank 24 months special | 6.85 | $1,639.79 | $590,323.03 | Go to site |
| SBS Bank 24 months | 7.45 | $1,741.22 | $626,840.76 | Go to site |
| SBS Bank 36 months special | 6.65 | $1,606.52 | $578,346.15 | Go to site |
| SBS Bank 36 months | 7.25 | $1,707.15 | $614,572.61 | Go to site |
| SBS Bank 48 months special | 6.55 | $1,589.99 | $572,395.69 | Go to site |
| SBS Bank 48 months | 7.15 | $1,690.21 | $608,473.95 | Go to site |
| SBS Bank 60 months special | 6.55 | $1,589.99 | $572,395.69 | Go to site |
| SBS Bank 60 Months | 7.15 | $1,690.21 | $608,473.95 | Go to site |
| SBS Bank 6 months special | 7.35 | $1,724.15 | $620,694.98 | Go to site |
| SBS Bank 6 months | 7.95 | $1,827.53 | $657,911.03 | Go to site |
| SBS Bank Residential /First Home Floating Rate | 8.74 | $1,966.93 | $708,095.06 | Go to site |
| SBS Bank 12 months special | 7.24 | $1,705.45 | $613,961.67 | Go to site |
| SBS Bank 12 months | 7.84 | $1,808.41 | $651,027.76 | Go to site |
| SBS Bank 18 months special | 6.99 | $1,663.24 | $598,766.10 | Go to site |
| SBS Bank 18 months | 7.59 | $1,765.23 | $635,483.67 | Go to site |
Credit Cards
| Product | Interest Rate Purchases | Balance Transfer | Annual Account Fee | Interest Free Days | |
|---|---|---|---|---|---|
| SBS Visa Credit Card | 19.65% | $0 | Up to 55 days | Go to site | |
| SBS Pink Ribbon Visa | 19.95% | $55 | Up to 55 days | Go to site |
Term Deposits
| Product | Rate | Minimum Deposit | Maximum Deposit | |
|---|---|---|---|---|
| 9 months | 6.15 |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 36 months | 5.3 |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 12 months | 6.05 |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 18 months | 5.6 |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 24 months | 5.6 |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 6 months | 6.1 |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 3 months | 4.2 |
$1,000.00 |
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Go to site |