NBS Flexi

Providing total flexibility - combining your home loan and overdraft facility into one easy to manage transactional account. The NBS Flexi simplifies your finances and can help minimise your interest, while providing you with a ready line of credit (up to an agreed limit).



NBS Flexi is ideal if you need an ongoing credit limit which allows you to access funds at any time.

  • Combines your home loan and overdraft into on simple and easy-to-manage account
  • Your borrowings attract NBS' current variable home loan interest rate, calculated on a daily basis, debited monthly
  • Make repayments at your own pace
  • No base or transactions fees


You will be given a maximum credit limit (based on NBS Lending Criteria) which you can repay and redraw at your own pace. To assist you in becoming mortgage free, you can choose to have the credit limit gradually reduce at whatever pace suits your needs.

NBS Flexi Loan

Interest rates start from  6.10%p.a.
No interest is paid on credit balances. The interest rate you'll be offered will be different depending on your financial situation. Interest rates are subject to change.

NBS Flexi Fees

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
Fees are subject to change.  For descriptions of the above fees refer to NBS' current loan agreement specific terms example.


NBS Service Fees

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
Document Searches $25.00 per half hour (minimum charge $25.00)
NBS Debit Mastercard Annual Card Fee $10.00
NBS Debit Mastercard Replacement Card Fee $10.00
NBS Lifestyle Net and NBS Mobile joining fee FREE
Interest is calculated daily, debited monthly on the last business day of each month. Fees are subject to change.

NBS' Current Loan Agreement Specific Terms and General Lending Terms are available free of charge from any NBS branch.

NBS lending criteria and the above terms apply. You will also need to have an NBS account.

This facility is periodically reviewed and you may be required to provide an updated valuation and income verification.

Your satisfaction is important to us.

NBS aims to provide you with the highest quality of service at all times.  If you have a problem, concern, or complaint about any part of our service, please let us know as soon as you can so that we can sort it out quickly.

We have an Internal Complaints Procedure to resolve any issues.

NBS is committed to responsible lending and has adopted the guidelines produced by the Financial Services Federation.

The Responsible Lending Guidelines have been developed by the Financial Services Federation with the assistance of a variety of stakeholders including the NZ Federation of Budgeting Services, Consumer NZ, the Families Commission Debt Working Group, the Retirement Commissioner, and officials from the Ministry of Consumer Affairs, and the Ministry of Social Development.
The Guidelines aim to improve consumer protection, raise standards across the consumer credit industry, and deliver better outcomes for borrowers and lenders and set out specific steps that lenders may need to take to assess if a credit contract will be suitable for a consumer.