Tertiary Pack

Kiwibank’s Tertiary Pack is loaded with good stuff for students:

  • No account management or transaction fees on your everyday accounts
  • Interest free overdraft of $1,000 in your first year and $2,000 in your second and subsequent years. With a monthly fee of just $2.
  • A Low Rate MasterCard with a $500 limit. No annual fee if you’re taking up a Kiwibank Credit Card for the first time.
  • Free use of ATMs on university campuses
  • Five free TXT banking messages a month

Managing your money

Students know how to make a little go a long way. We can help you manage your money on a shoestring.

  • With our Bill Blaster account, you can put money aside for expenses like rent, bills and loan repayments. Don’t get caught short on rent day ever again.
  • Want to know what you’ve got right now? You can check your balance and transfer funds on your smartphone. Take a look at our iPhone or Android apps.
  • Got something you need to save for? Check out our Temptation Calculator to see what you might be able to save by cutting back on those non-essentials.
  • With a Back–up Saver, your money is on hand but you still earn interest. You can even personalise your account to help you save towards goals, like ‘Sam’s big OE’. The perfect partner to your Tertiary Pack.
  • Credit cards can be useful, but you need to know how to use them wisely. Our online video guide answers your top credit card questions.
  • Studying often coincides with moving into a new flat. Kiwibank makes it easy with our flat accounts, which can be set up with two people’s names and two EFTPOS cards. If you set up your flat account as a Free Up, it will also be free of electronic transaction fees and monthly account fees.

Your budget

Budgeting can be tricky, especially when you’re living on a student allowance. A budget puts you in control, and helps you figure out how much you’ll need tomorrow, next week or next month.

Our online budgeting tool, heaps!, is free and easy to access through internet banking. It helps you see what you’re spending your money on, and you can set targets and track how you’re going against your goals. You can use it with any of your accounts including your Tertiary Pack or Back–up Saver account. You can even use it you’re not a Kiwibank customer.

For heaps of useful information and other handy stuff, check out Sorted. Sorted has different tools to help you with all areas of your financial life.

Student loans and allowances

It pays to apply for student loans and allowances well ahead of time. You can apply online on the StudyLink website. Even if you get an allowance, think about working part–time or in your holidays. The less student debt you have, the easier life will be down the track.

Useful websites

You may also be interested in:

To be eligible for the Tertiary Pack, you must be studying full or part-time at a New Zealand University, Polytech, Industry Training Organisation or NZQA approved place of study for a minimum of one year. To be eligible for a Kiwibank Low Rate MasterCard or interest free overdraft, you need to be aged 18 or over, be a permanent New Zealand resident, have a good credit history and have any income paid to your Kiwibank account. Service fees may apply. Download Kiwibank’s Disclosure Statement (PDF 600.4 kB) or pick up a copy at your local Kiwibank.