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.
View NBS Term Investment and specific product interest rates here. Our fees are also transparent and listed below.
| 30 days | 2.00% p.a. |
| 90 days | 2.75% p.a. |
| 6 months | 3.30% p.a. |
| 9 months | 3.60% p.a. |
| 12 months | 3.50% p.a. |
| 24 months | 3.85% p.a. |
| 36 months | 4.00% p.a. |
| Interest paid on credit balances over $10,000 | 1.00% p.a. |
| 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. |
| NBS CALL - All credit balances | 2.00% p.a. |
| 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. |
| No interest is paid on Career Launcher credit balances | NIL |
| All Credit balances | 2.00% p.a. |
| 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. |
| Fixed interest rates start from | 6.10% p.a. |
| Variable and Flexi interest rates start from | 6.60% p.a. |
| Interest rate range | 12.00%p.a. - 19.95% p.a. |
| Interest rate range | 9.90% p.a. - 19.95% p.a. |
| 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. |
| 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.
| 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 |
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.
| 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 |
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 |
| 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 |
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.