Interest Rates & Fees

View NBS Term Investment and specific product interest rates here. Our fees are also transparent and listed below.

Interest rates and fees are subject to change.

 

Term Investment

30 days 2.00% p.a.
90 days 2.75% p.a.
6 months 3.50% p.a.
9 months 3.60% p.a.
12 months 3.60% p.a.
24 months 4.00% p.a.
36 months 4.05% p.a.
Minimum $5,000 deposit
NBS's rates of interest for a particular deposit term are based on the expectation that the funds will be deposited for the full term. NBS is not obliged to accept a request for early withdrawal of a term deposit and if it does decide to accept such a request, it may charge an early withdrawal fee in the form of a 2% per annum reduction in the interest rate calculated for the term of the term deposit.
Interest rates are subject to change at anytime without notice. However, once you open your term deposit the rate is fixed for the term you selected.
NBS is not a registered bank.

 

Interest Rates

NBS Access

Interest paid on credit balances over $10,000                                                                    1.00% p.a.

Cheque

NBS CHEQUE - Interest paid on credit balances over $10,000 1.00% p.a.
NBS COMMERCIAL CHEQUE - No interest is paid on Commercial Cheque credit balances NIL
NBS RURAL CHEQUE - No interest is paid on Rural Cheque credit balances NIL
NOT FOR PROFIT - Interest paid on credit balances over $5,000 1.00% p.a.
NOT FOR PROFIT - Interest paid on credit balances over $50,000 2.00% p.a.

Call

Interest rate apply to Personal, Commercial, Rural and Not for Profit Call Accounts
NBS CALL - All credit balances                                                                                                 2.00% p.a.

Target

Interest rates apply to Personal and Not for Profit Target Accounts
NBS TARGET - Interest paid on credit balances $100 - $99,999                                       1.00% p.a.
NBS TARGET - Interest paid on credit balances over $100,000 1.50% p.a.

Career Launcher

No interest is paid on Career Launcher credit balances NIL

Youth Account

All Credit balances                                                2.00% p.a.

NBS Home Loans

1 Year Fixed                                     5.10% p.a
2 Year Fixed 5.45% p.a.
Variable 6.10% p.a.
NBS Flexi Loan - Interest rates start from 6.10% p.a.

NBS Commercial Lending

Fixed interest rates start from                             6.10% p.a.
Variable and Flexi interest rates start from 6.60% p.a.

NBS Personal Loans

Interest rate range 12.00%p.a. - 19.95% p.a.

Dealer Introduced Consumer Loans

Interest rate range                  9.90% p.a. - 19.95% p.a.

Overdraft Facility

Personal Interest rate range                  10.00% p.a. - 16.00% p.a.
Commercial interest rates start from 9.95% p.a.
Rural interest rates start from 9.95% p.a.
Interest rates are subject to change.
Monthly base fee with paper statements $15.00
Monthly base fee without paper statements None
NBS Mobile and Lifestyle Net fees None
EFTPOS withdrawal $0.50
Other Bank ATM Transaction fees $1.50
Manual Transactions  $3.00
Electronic transactions: include NBS ATM transactions, automatic payments,bill payments, one-off payments, direct debits, direct credits,and  Lifestyle Net transfers.
Manual transactions: include staff assisted external transfers and Lifestyle Net assisted transactions.
Monthly base fee with paper statements $15.00     
Monthly base fee without paper statements None
NBS Mobile and Lifestyle Net fees None
EFTPOS withdrawal $0.50     
Other Bank ATM Transaction fees $1.50  
Manual Transactions  $3.00
Electronic transactions: include NBS ATM transactions, automatic payments, bill payments, one-off payments, direct debits, direct credits,and  Lifestyle Net transfers.       
Manual transactions: include staff assisted external transfers and Lifestyle Net assisted transactions.   
Monthly base fee None
Transfers via NBS Mobile or Lifestyle Net (2 per month) Free
Automatic payment, direct debit N/A
Subsequent withdrawals $5.00
 Staff assisted branch transactions and Lifestyle Net assisted transactions (2 per month) Free
Subsequent withdrawals $5.00
Monthly base fee None
If your balance drops below $100 $5.00
Transfers via NBS Mobile or Lifestyle Net (1 per month) Free
Automatic payment, direct debit N/A
Subsequent withdrawals $5.00
Staff assisted branch transactions and Lifestyle Net Free
Assisted transactions (1 per month)
Subsequent withdrawals $5.00
Monthly base fee None
NBS Mobile and Lifestyle Net fees None
First 20 EFTPOS withdrawals None
Subsequent EFTPOS withdrawals  $0.50
Other Bank ATM Transaction fees  $1.50
Manual Transactions $3.00
Electronic transactions: Include NBS ATM transactions, automatic payments, bill payments, one-off payments, direct debits, direct credits,and Lifestyle Net transfers.
Manual transactions: Include cheque and staff assisted branch transactions and Lifestyle Net assisted transactions.
No base or transactions fees  NIL
Other Bank ATM Transaction fees  $1.50

NBS Residential Term, Residential Redraw, NBS Interest Only

Loan Establishment Fee From $400.00
Interest Rate Review From $150.00
Discharge Mortgage Fee $130.00
Default Interest Rate                                                                                                                                              4.00% p.a. above annual interest rate
Default Administration Fee $100.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00
Early Repayment Adjustment $500.00 (minimum charge)
Early Repayment Administration Cost $100.00

NBS Build Loan

Loan Establishment Fee                                                                                                                                        From $400.00
Documentation Fee From $150.00
Discharge Mortgage Fee $130.00
Default Interest Rate 10.00% p.a. above annual interest rate
Default Administration Fee $25.00
Unarranged Excess Fee $25.00
Dishonour Fee $30.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00

NBS Flexi

Monthly base fee                                               $15.00
NBS Mobile and Lifestyle Net internal transfer fees $0.20
EFTPOS withdrawal $0.50
Other Bank ATM Transaction fees $1.50

Manual Transactions: Include cheque and staff assisted branch transactions

and Lifestyle Net assisted transactions                                                                                                      

$0.50
Establishment Fee 1.00% (minimum charge $500)
Documentation Fee for Limit Increase 1.00% of increase limit (minimum charge $250)
Discharge Mortgage Fee $130.00
Default Interest Rate                                                                                                                                                              10.00%p.a. above annual interest rate
Default Administration Fee $25.00
Unarranged Excess Fee $25.00
Dishonour Fee $30.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00

Welcome Home Loan

Loan Establishment Fee From $400.00
Lenders Mortgage Insurance Premium 1.00% of the loan amount
Interest Rate Review From $150.00
Discharge Mortgage Fee $130.00
Default Interest Rate                                                                                                                                              4.00% p.a. above annual interest rate
Default Administration Fee $100.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00
Early Repayment Adjustment $500.00 (minimum charge)
Early Repayment Administration Cost $100.00

Early Repayment Adjustment (ERA)

Calculating the cost of an ERA is a complicated calculation and is not the same for everyone. There are many factor that are taken into account when working out an ERA cost, therefore we recommend you contact us for a quote. You'll find more information on the procedure for calculating the cost of an ERA in your loan agreement.

Fees are subject to change. 
Establishment Fee $250.00
Default Interest Rate                                                                                                                                                   4.00% p.a. above annual interest rate
Default Administration Fee $100.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Early Repayment Adjustment NIL
Early Repayment Administration Cost $100.00
Duplicate Statement Fee $15.00
NBS Establishment Fee $200.00
Dealer Documentation Fee $245.00
Default Interest Rate                                                                                                                                                   5.00% p.a. above annual interest rate
Default Administration Fee $100.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicated Statement Fee $15.00
Early Repayment Adjustment NIL
Early Repayment Administration Cost $100.00
Overdraft Establishment Fees 1.00% (minimum charge $25.00)
Overdraft Facility Fee (Arranged)                                                                                     0.13% (minimum charge $5.00) of the limit
Overdraft Facility Fee (Unarranged) 0.25% (minimum charge $20.00) of the highest daily limit
Default Interest Rate 10.00% p.a. above annual interest rate
Default Administration Fee $25.00
Unarranged Excess Fee $25.00
Dishonour Fee $30.00
Insurance Arrears Payment $15.00
Rates Arrears Payment $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00
New Automatic Payment/Alter Automatic Payment - Via Branch or Lifestyle Net assisted $3.00
New Automatic Payment/Alter Automatic Payment - Via Lifestyle Net unassisted FREE
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Branch or Lifestyle Net assisted $3.00
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Lifestyle Net unassisted FREE
Unpaid Automatic Payment/Bill Payment $15.00
Bank Cheque Issue $5.00 per cheque
Stopped Cheques $30.00 per cheque
Dishonoured Cheques/Direct Debits $30.00 per item
Cheque Clearance - 2 FREE per suffix, per day; then $0.25 per cheque
Special Answer Clearance on Cheques $30.00 per cheque
Statement Printing $2.00 per page
Overdraft Establishment Fees 1.00% (minimum charge $25.00)
Overdraft Facility Fee (Arranged) 0.13% (minimum charge $5.00) of the limit
Overdraft Facility Fee (Unarranged) 0.25% (minimum charge $20.00) of the highest daily limit
Document Searches $25.00 per half hour (minimum charge $25.00)
NBS AccessDebit Mastercard Annual Card Fee $10.00
NBS AccessDebit Mastercard Replacement Card Fee $10.00
NBS Lifestyle Net and NBS Mobile joining fee FREE
Annual Card Fee                                                                               $10.00
Replacement Card Fee $10.00

New Zealand Transaction Fees

NBS ATM Transaction or Enquiry FREE
Other Bank ATM Transaction or Enquiry $1.50
EFTPOS Transaction (including contactless, online and MOTO) $0.50

International Transaction Fees

Offshore Service Margin (of the $NZ value of the transaction) 2.25%
 EFTPOS Transaction (including contactless, online and MOTO)  $0.50
 ATM Transaction  $6.00
 ATM Enquiry  $1.50
Please note: International ATMs may apply a surcharge, this should be drawn to your attention before you proceed with your transaction. This surcharge will be added to your withdrawal, converted to NZ dollars (if required) and debited against your account.
Some merchants may apply a charge for using contactless or for internet transactions; it is the merchants responsibility to notify you of any additional charges at the time of sale. These are usually added to the purchase price.
MOTO - Mail Order/Telephone Order

Offshore service margins explained

The offshore margin fee is charged by us when you use you card to make overseas transaction. For overseas transactions made using you AccessDebit Mastercard Offshore Service Margins of 2.25% of the converted NZ dollar amount of the transaction are charged. For purchases refunded back to your AccessDebit Mastercard Offshore Service Margins of 2.25% are charged to your account. The margins that are charged may differ from the margins that were charged for the original transaction due to fluctuations in the conversion rate. The converted amount and the Offshore Service Margin will be debited from your nominated bank account and detailed on your statement.

Monthly base fee     $5.00
NBS Mobile and Lifestyle Net internal transfer fees $0.20
EFTPOS withdrawal    $0.50
Other Bank ATM Transaction fees   $1.50
Manual Transactions: Include cheque and staff assisted branch transactions and Lifestyle Net assisted transactions  $0.50
Monthly base fee  None
Electronic Transactions - fees are charged on a per transaction basis
Transfers via NBS Mobile or Lifestyle Net (2 per month) Free
Automatic payment, direct debit N/A 
Subsequent withdrawals $5.00
Manual Transactions - fees are charge on a per transaction basis
Staff assisted branch transactions and Lifestyle Net assisted transactions (2 per month) Free
Subsequent withdrawals $5.00

Fixed Rate, Interest Only

Loan Establishment Fee From $400.00
Interest Rate Review From $150.00
Discharge Mortgage Fee $130.00
Default Interest Rate                                                                                                                                           4.00% p.a. above annual interest rate
Default Administration Fee $100.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00
Early Repayment Adjustment $500.00 (minimum charge)
Early Repayment Administration Cost $100.00

Variable Rate

Loan Establishment Fee From $400.00
Interest Rate Review From $150.00
Discharge Mortgage Fee $130.00
Default Interest Rate                                                                                                                                           4.00% p.a. above annual interest rate
Default Administration Fee $100.00
Insurance Arrears Payment Fee $15.00
Rates Arrears Payment Fee $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00

Commercial Flexi

Monthly base fee $15.00
NBS Mobile and Lifestyle Net internal transfer fees $0.20
EFTPOS withdrawal $0.50
Other Bank ATM Transaction fees $1.50
Manual Transactions: Include cheque and staff assisted branch transactions and Lifestyle Net assisted transactions               $0.50
Establishment Fee 1.00% (minimum charge $500)
Documentation Fee for Limit Increase 1.00% of increase limit (minimum charge $250)

Early Repayment Adjustment (ERA)

Calculating the cost of an ERA is a complicated calculation and is not the same for everyone. There are many factor that are taken into account when working out an ERA cost, therefore we recommend you contact us for a quote. You'll find more information on the procedure for calculating the cost of an ERA in your loan agreement.

 Fees are subject to change.
Overdraft Establishment Fees 1.00% (minimum charge $25.00)
Overdraft Facility Fee (Arranged) 0.18% (minimum charge $5.00) of the limit
Overdraft Facility Fee (Unarranged)                                                                                     0.25% (minimum charge $20.00) of the highest daily limit
Default Interest Rate 10.00% p.a. above annual interest rate
Default Administration Fee $25.00
Unarranged Excess Fee $25.00
Dishonour Fee $30.00
Insurance Arrears Payment $15.00
Rates Arrears Payment $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00
New Automatic Payment/Alter Automatic Payment - Via Branch or Lifestyle Net assisted $5.00
New Automatic Payment/Alter Automatic Payment - Via Lifestyle Net unassisted FREE
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Branch or Lifestyle Net assisted $5.00
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Lifestyle Net unassisted FREE
Unpaid Automatic Payment/Bill Payment $15.00
Bank Cheque Issue $5.00 per cheque
Stopped Cheques $30.00 per cheque
Dishonoured Cheques/Direct Debits $30.00 per item
Cheque Clearance - 2 FREE per suffix, per day; then $0.25 per cheque
Special Answer Clearance on Cheques $30.00 per cheque
Statement Printing $2.00 per page
Overdraft Establishment Fees 1.00% (minimum charge $25.00)
Overdraft Facility Fee (Arranged) 0.18% (minimum charge $5.00) of the limit
Overdraft Facility Fee (Unarranged) 0.25% (minimum charge $20.00) of the highest daily limit
Document Searches $25.00 per half hour (minimum charge $25.00)
NBS AccessDebit Mastercard Annual Card Fee $10.00
NBS AccessDebit Mastercard Replacement Card Fee $10.00
NBS Lifestyle Net and NBS Mobile joining fee FREE

Cash Handling - Cash Transactions

Count While you Wait

Deferred Count

FREE up to $1,000 of notes and for up to $100 of coin per day; and then

$3.00 per $1000 of notes or part thereof, $3.00 per $100 of coin or part thereof per banking

$2.50 per $1000 of notes or part thereof, $2.50 per $100 of coin or part thereof per banking

Fees for cash count are rounded to the nearest $1,000 for notes and $100 for coin per banking

Supplying Notes and Coin to non-NBS Customers  
Notes $5.00 per transaction for the first $1,000, and $2.00 for each subsequent $1,000
Coin $5.00 per transaction for the first $100, and $2.00 for each subsequent $100
Annual Card Fee                                                                               $10.00
Replacement Card Fee $10.00

New Zealand Transaction Fees

NBS ATM Transaction or Enquiry FREE
Other Bank ATM Transaction or Enquiry $1.50
EFTPOS Transaction (including contactless, online and MOTO) $0.50

International Transaction Fees

Offshore Service Margin (of the $NZ value of the transaction) 2.25%
 EFTPOS Transaction (including contactless, online and MOTO)  $0.50
 ATM Transaction  $6.00
 ATM Enquiry  $1.50
Please note: International ATMs may apply a surcharge, this should be drawn to your attention before you proceed with your transaction. This surcharge will be added to your withdrawal, converted to NZ dollars (if required) and debited against your account.
Some merchants may apply a charge for using contactless or for internet transactions; it is the merchants responsibility to notify you of any additional charges at the time of sale. These are usually added to the purchase price.
MOTO - Mail Order/Telephone Order

Offshore service margins explained

The offshore margin fee is charged by us when you use you card to make overseas transaction. For overseas transactions made using you AccessDebit Mastercard Offshore Service Margins of 2.25% of the converted NZ dollar amount of the transaction are charged. For purchases refunded back to your AccessDebit Mastercard Offshore Service Margins of 2.25% are charged to your account. The margins that are charged may differ from the margins that were charged for the original transaction due to fluctuations in the conversion rate. The converted amount and the Offshore Service Margin will be debited from your nominated bank account and detailed on your statement.

Monthly base fee     $5.00
NBS Mobile and Lifestyle Net internal transfer fees $0.20
EFTPOS withdrawal    $0.50
Other Bank ATM Transaction fees   $1.50
Manual Transactions: Include cheque and staff assisted branch transactions and Lifestyle Net assisted transactions  $0.50
Monthly base fee None
Transfers via NBS Mobile or Lifestyle Net (2 per month) Free
Automatic payment, direct debit N/A
Subsequent withdrawals $5.00
 Staff assisted branch transactions and Lifestyle Net assisted transactions (2 per month) Free
Subsequent withdrawals $5.00
Monthly base fee $15.00
NBS Mobile and Lifestyle Net internal transfer fees $0.20
EFTPOS withdrawal $0.50
Other Bank ATM Transaction fees $1.50
Manual Transactions: Include cheque and staff assisted branch transactions and Lifestyle Net assisted transactions $0.50
Establishment Fee 1.00% (minimum charge $500)
Documentation Fee for Limit Increase 1.00% of increase limit (minimum charge $250)
Overdraft Establishment Fees 1.00% (minimum charge $25.00)
Overdraft Facility Fee (Arranged) 0.18% (minimum charge $5.00) of the limit
Overdraft Facility Fee (Unarranged)                                                                                     0.25% (minimum charge $20.00) of the highest daily limit
Default Interest Rate 10.00% p.a. above annual interest rate
Default Administration Fee $25.00
Unarranged Excess Fee $25.00
Dishonour Fee $30.00
Insurance Arrears Payment $15.00
Rates Arrears Payment $25.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00
New Automatic Payment/Alter Automatic Payment - Via Branch or Lifestyle Net assisted $5.00
New Automatic Payment/Alter Automatic Payment - Via Lifestyle Net unassisted FREE
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Branch or Lifestyle Net assisted $5.00
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Lifestyle Net unassisted FREE
Unpaid Automatic Payment/Bill Payment $15.00
Bank Cheque Issue $5.00 per cheque
Stopped Cheques $30.00 per cheque
Dishonoured Cheques/Direct Debits $30.00 per item
Cheque Clearance - 2 FREE per suffix, per day; then $0.25 per cheque
Special Answer Clearance on Cheques $30.00 per cheque
Statement Printing $2.00 per page
Overdraft Establishment Fees 1.00% (minimum charge $25.00)
Overdraft Facility Fee (Arranged) 0.18% (minimum charge $5.00) of the limit
Overdraft Facility Fee (Unarranged) 0.25% (minimum charge $20.00) of the highest daily limit
Document Searches $25.00 per half hour (minimum charge $25.00)
NBS AccessDebit Mastercard Annual Card Fee $10.00
NBS AccessDebit Mastercard Replacement Card Fee $10.00
NBS Lifestyle Net and NBS Mobile joining fee FREE
Overdrafts are calculated daily, debited monthly on the last business day of each month. Fees are subject to change.
Annual Card Fee                                                                               $10.00
Replacement Card Fee $10.00

New Zealand Transaction Fees

NBS ATM Transaction or Enquiry FREE
Other Bank ATM Transaction or Enquiry $1.50
EFTPOS Transaction (including contactless, online and MOTO) $0.50

International Transaction Fees

Offshore Service Margin (of the $NZ value of the transaction) 2.25%
 EFTPOS Transaction (including contactless, online and MOTO)  $0.50
 ATM Transaction  $6.00
 ATM Enquiry  $1.50
Please note: International ATMs may apply a surcharge, this should be drawn to your attention before you proceed with your transaction. This surcharge will be added to your withdrawal, converted to NZ dollars (if required) and debited against your account.
Some merchants may apply a charge for using contactless or for internet transactions; it is the merchants responsibility to notify you of any additional charges at the time of sale. These are usually added to the purchase price.
MOTO - Mail Order/Telephone Order

Offshore service margins explained

The offshore margin fee is charged by us when you use you card to make overseas transaction. For overseas transactions made using you AccessDebit Mastercard Offshore Service Margins of 2.25% of the converted NZ dollar amount of the transaction are charged. For purchases refunded back to your AccessDebit Mastercard Offshore Service Margins of 2.25% are charged to your account. The margins that are charged may differ from the margins that were charged for the original transaction due to fluctuations in the conversion rate. The converted amount and the Offshore Service Margin will be debited from your nominated bank account and detailed on your statement.