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 | 6.69% | $1,613.15 | $580,733.47 | Go to site |
| SBS Bank 24 months | 7.29% | $1,713.94 | $617,018.73 | Go to site |
| SBS Bank 36 months special | 5.99% | $1,498.77 | $539,556.00 | Go to site |
| SBS Bank 36 months | 6.59% | $1,596.59 | $574,772.81 | 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 | 7.24% | $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 |
Term Deposits
| Product | Rate (p.a.) | Minimum Deposit | Maximum Deposit | |
|---|---|---|---|---|
| 6 months | 5.95% |
$1,000.00 |
$5,000,000.00 |
Go to site |
| 3 months | 4.2% |
$1,000.00 |
- |
Go to site |
| 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 |