Upcoming & recent changes
Home loans, business loans & savings variable rate change – 13 October 2025
We’re making rate changes to our variable home loans and savings accounts across personal and business accounts. We're also changing our standard business and housing backed loans.
These rate changes impact Variable, Offset and Revolving home loans, Variable, Overdraft and Revolving business loans, and our Notice Saver, Online Call, PIE Online Call and Business Online Call accounts.
Variable, Offset & Revolving home loans
We're decreasing our rates on the following home loans from:
- Monday 13 October 2025 for new loans
- Tuesday 28 October 2025 for existing loans.
| Empty header |
Previous rate |
New rate |
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Variable home loan |
6.15% p.a. |
5.80% p.a. |
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Offset home loan |
6.15% p.a. |
5.80% p.a. |
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Revolving home loan |
6.20% p.a. |
5.85% p.a. |
Business Variable, Overdraft & Revolving loans
We're decreasing our rates for new and existing standard business and housing backed loans. These will decrease by 0.35% p.a. on:
- Monday 13 October 2025 for new loans
- Tuesday 28 October 2025 for existing loans.
We're decreasing our Asset Finance Variable rates by 0.35% on:
- Monday 13 October 2025 for new loans
- Tuesday 28 October 2025 for existing loans (effective from the next repayment date).
If these changes affect you, we'll contact you prior to the interest rate changing in accordance with your loan agreement.
Notice Saver, Online Call, PIE Online Call & Business Online Call accounts
We're decreasing our rates from Monday 13 October 2025 on the following accounts.
Notice Saver
| Empty header |
Previous rate |
New rate |
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90 Day Notice Saver |
2.85% p.a. |
2.35% p.a. |
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32 Day Notice Saver |
2.30% p.a. |
1.80% p.a. |
Online Call, PIE Online Call & Business Online Call
| Empty header |
Previous rate |
New rate |
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| Empty header |
Base rate |
Bonus rate |
Base rate |
Bonus rate |
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Online Call |
2.00% p.a. |
0.00% p.a. |
1.50% p.a. |
0.00% p.a. |
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PIE Online Call |
2.00% p.a. |
0.00% p.a. |
1.50% p.a. |
0.00% p.a. |
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Business Online Call |
2.00% p.a. |
0.05% p.a. |
1.50% p.a. |
0.05% p.a. |
Displayed interest rates are subject to change.
Kiwibank PIE Online Call Fund and Kiwibank Notice Saver are funds within a Portfolio Investment Entity (PIE). Units in Kiwibank PIE Online Call Fund and Kiwibank Notice Saver are distributed by Kiwibank Limited and are issued by Kiwibank Investment Management Limited.
For a full list of our current interest rates, please visit our rates and fees page.
Date effective: 13 October 2025
Date published: 9 October 2025
Changes to our Personal Banking Fees & Limits – 4 November 2025
Summary of changes
We're making some changes to our Personal Banking Fees and Limits.
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Fees we're removing |
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Everyday, savings and investment account service fees |
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Credit card service fees |
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Fees we're reducing |
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Everyday, savings and investments account service fees (ATM/EFTPOS card and Visa Debit Card) |
International transaction fee reducing from 2.5% to 1.85%. |
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Fees we're changing |
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Debit and credit card fees |
International transaction fee will be charged when you use your card for a transaction that is processed overseas. This includes where the merchant charges you in New Zealand Dollars (NZD). |
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Limits we're increasing |
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Everyday, savings and investments account limits (ATM/EFTPOS card and Visa Debit Card) |
The daily maximum amount for purchases will increase from $5,000 per day (current) to $10,000 per day. |
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Download a copy of the updated Personal Banking Fees and Limits effective from 4 November 2025.
Date effective: 4 November 2025
Date published: 1 October 2025
Changes to our Business Banking Fees & Limits – 4 November 2025
Summary of changes
We're making some changes to our Business Banking Fees and Limits.
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Fees we're removing |
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Transaction account, savings accounts and investments transaction fees |
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Credit card service fees |
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Fees we're reducing |
Empty header | |
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Everyday, savings and investments account service fees (ATM/EFTPOS card and Visa Debit Card) |
International transaction fee is reducing from 2.5% to 1.85%. |
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Fees we're changing |
Empty header | |
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Debit card and credit card fees |
International transaction fee will be charged when you use your card for a transaction that is processed overseas. This includes where the merchant charges you in New Zealand Dollars (NZD). |
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Limits we're increasing |
Empty header | |
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Everyday, savings and investments account - Maximum amount for purchases (ATM/EFTPOS card and Visa Debit Card) |
Increase maximum amount for purchases from $5,000 per day (current) to $10,000 per day. |
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Download a copy of the updated Business Banking Fees and Limits effective from 4 November 2025.
Date effective: 4 November 2025
Date published: 1 October 2025
Changes to our Business Credit Card Terms & Conditions - 4 November 2025
Summary of changes
We’re making some changes to our Business Credit Card Terms and Conditions.
- 16. When do foreign exchange changes apply? will be replaced with: 16. What foreign currency exchange rates apply? When a Cardholder uses their Card for foreign currency transactions, the transactions will be converted to NZ$ at a rate of exchange determined by the Card Scheme on the date it sends the transaction details to us.
Download a copy of the updated Business Credit Card Terms and Conditions effective from 4 November 2025.
Date effective: 4 November 2025
Date published: 1 October 2025
Changes to our Credit Card Terms & Conditions - 4 November 2025
Summary of changes
We're making some changes to our Credit Card Terms and Conditions.
- References to Airpoints credit cards have been removed, as these products are no longer offered.
- Additional clarification has been added to explain how payment reversals for dishonoured payments (such as failed direct debits) are treated. If a payment to your credit card account is dishonoured and reversed, the reversal will be treated as a transaction and will incur interest from the date of the failed payment if your closing balance is not paid in full by the due date.
Download a copy of the updated Credit Card Terms and Conditions effective from 4 November 2025.
Date effective: 4 November 2025
Date published: 1 October 2025
Previous public notices
For previous public notices, see our archived public notices.