TARGET SAVER ACCOUNT
More reasons to smile
Be in to win a share of $25,000 every month!
Do you want to reach your savings goals faster?
Be in to win a share of $25,000 every month with your Target Saver Account.
Every $100 in your account will be a chance to win one of five $5,000 cash prizes every month! All new and existing Target Saver Account holders will be included in the draw.
With your Target Saver Account:
- Every $100 in your account gives you another chance to win!
- Earn interest on every dollar.
- Access your funds via NBS Internet Banking, the NBS Mobile Banking App, or in-branch.
- Interest calculated daily and paid monthly.
- One free withdrawal per month.
Our winners
Janet McLellan, Westport
Janet England, Nelson
Robert and June Stewart, Nelson
Susan Syron, Westport
John Brunnenkreef, Richmond
Rates & Fees
| NBS Target Fees | |
|---|---|
| Monthly Base Fee | None |
| Transfers via NBS Mobile or Internet Banking | 1 per month free |
| Subsequent Withdrawals | $5.00 |
| Automatic Payment, Direct Debit | N/A |
|
Fees are subject to change. |
|
| NBS Target Rates | |
|---|---|
| NBS TARGET - All credit balances | 1.00% p.a. |
|
Published rate effective 1 August 2023. Interest rates are subject to change. |
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Terms and Conditions
NBS Target Saver account Promotion Terms and Conditions along with NBS General Terms and Conditions apply. NBS’s current Product Disclosure Statement is available free of charge at any NBS branch. Service fees may apply.
There are five cash prizes of $5,000 (“Prizes”) to be won every month. The promotional period dates (“Promotional Period”) for October 2024 are:
Promotional period: 21 October 2024 - 17 November 2024, Draw date: 18 November 2024, Announcement date: 21 November 2024
Not sure if a Target Saver Account is the best option for you?
Whether you’re a seasoned saver, or a new investor wanting to start your savings journey, we’ve got account options to help you reach your financial goals. This is saving and investing made easy. This is banking for life.
SAVINGS
Target Saver Account
A savings account with a chance to win cash every month.
1.00% p.a.
- Cash prizes every month – five draws per month of $5,000*
- Earn interest on every dollar in your account
- Access to funds allowed anytime, with one free withdrawal every month**
- Interest is calculated daily and paid monthly
- No monthly base fee
Interest rates are subject to change. *One entry for every $100 held in the account (Coming soon). **A $5 withdrawal fee applies for subsequent withdrawals.
SAVINGS
Call Account
Grow your savings faster.
2.25% p.a.
- Grow your savings faster
- Earn interest on every dollar in your account
- Interest is calculated daily and paid monthly
- Access to funds allowed anytime, with two free withdrawals every month*
- No monthly base fee
Interest rates are subject to change. *A $5 withdrawal fee applies for subsequent withdrawals.
SAVINGS
Term Investment
Maximise your savings over the long term by locking in a competitive interest rate for a fixed period.
Fixed terms range from 30 days to 36 months
- Minimum $5,000 deposit
- Save for a long-term goal
- Get competitive rates
- Great long-term investment options
- Enjoy fixed returns
- Fixed terms range from 30 days to 36 months
- Interest can be paid monthly, quarterly or on maturity
Interest rates are subject to change. Early withdrawal fee may apply if the term is broken before the maturity date.