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 (p.a.) | Monthly Payment | Total Payment Amount | |
|---|---|---|---|---|
| SBS Bank 24 months special | 6.49% | $1,580.10 | $568,837.73 | Go to site |
| SBS Bank 24 months | 7.09% | $1,680.07 | $604,826.24 | Go to site |
| SBS Bank 36 months special | 6.35% | $1,557.14 | $560,572.15 | Go to site |
| SBS Bank 36 months | 6.95% | $1,656.52 | $596,348.87 | Go to site |
| SBS Bank 48 months special | 6.19% | $1,531.08 | $551,188.84 | Go to site |
| SBS Bank 48 months | 6.79% | $1,629.78 | $586,719.43 | Go to site |
| SBS Bank 60 months special | 6.19% | $1,531.08 | $551,188.84 | Go to site |
| SBS Bank 60 Months | 6.79% | $1,629.78 | $586,719.43 | 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 | 7.14% | $1,688.51 | $607,865.39 | Go to site |
| SBS Bank 12 months | 7.74% | $1,791.09 | $644,793.35 | Go to site |
| SBS Bank 18 months special | 6.89% | $1,646.47 | $592,730.40 | Go to site |
| SBS Bank 18 months | 7.49% | $1,748.07 | $629,305.57 | Go to site |
Credit Cards
| Product | Int. Rate Purchases (p.a.) | Balance Transfer | Annual Account Fee | Interest Free Days | |
|---|---|---|---|---|---|
| SBS Visa Credit Card | 19.65% | $0 | Up to 55 days | Go to site |
Term Deposits
| Product | Rate (p.a.) | Minimum Deposit | Maximum Deposit | |
|---|---|---|---|---|
| 9 months | 6.05% |
$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 | 5.95% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 18 months | 5.95% |
$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 | 6.05% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 3 months | 4.2% |
$1,000.00 |
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Go to site |