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 6 months special | 4.69% | $1,296.39 | $466,699.47 | Go to site |
| SBS Bank 6 months | 5.29% | $1,388.10 | $499,714.65 | Go to site |
| SBS Bank Residential /First Home Floating Rate | 5.84% | $1,474.73 | $530,902.84 | Go to site |
| SBS Bank 12 months special | 4.49% | $1,266.49 | $455,937.66 | Go to site |
| SBS Bank 12 months | 5.09% | $1,357.19 | $488,590.03 | Go to site |
| SBS Bank 18 months special | 4.69% | $1,296.39 | $466,699.47 | Go to site |
| SBS Bank 18 months | 5.29% | $1,388.10 | $499,714.65 | Go to site |
| SBS Bank 24 months special | 4.89% | $1,326.62 | $477,584.27 | Go to site |
| SBS Bank 24 months | 5.49% | $1,419.32 | $510,956.02 | Go to site |
| SBS Bank 36 months special | 5.15% | $1,366.43 | $491,915.03 | Go to site |
| SBS Bank 36 months | 5.75% | $1,460.39 | $525,740.79 | Go to site |
| SBS Bank 48 months special | 5.55% | $1,428.75 | $514,350.87 | Go to site |
| SBS Bank 48 months | 6.15% | $1,524.59 | $548,853.65 | Go to site |
| SBS Bank 60 months special | 5.68% | $1,449.28 | $521,741.49 | Go to site |
| SBS Bank 60 Months | 6.29% | $1,547.35 | $557,045.46 | 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 | 3.55% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 36 months | 4.15% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 12 months | 3.55% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 18 months | 3.75% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 24 months | 4% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 6 months | 3.45% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 13 Months | 3.85% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 3 months | 3% |
$1,000.00 |
$5,000,000.00 |
Go to site |