Kiwibank drops fixed home loan to lowest ever

20/03/2020

We're committed to making real, positive impact where it matters for New Zealanders and New Zealand. Our latest one-year fixed term will be the lowest rate Kiwibank has ever offered.

Home loan fixed card

Headline Special: 3.09% p.a. fixed for one year. Min 20% equity. Effective Monday 23rd March.

Floating rate changes effective for new customers Friday 20 March and existing customers on 3 April. See all home loan rates.

Product

New Special Rate p.a.

Current Special Rate p.a.*

New Standard Rate p.a. (>80LVR)

Current Standard Rate p.a (>80LVR)

1 year fixed

3.09%

3.45%

3.84%

4.20%

Variable / Offset

4.40%

5.15%

4.40%

5.15%

Revolving

4.45%

5.20%

4.45%

5.20%

Kiwibank Term Deposit interest rate changes

Effective Monday 23 March 2020

  • No change to 6 month headline special
  • 60-day to 150-day Term Deposit rates decrease by 0.25%
  • 200-day and 9-month rates decrease by 0.15%
  • 1-year to 5-year Term Deposit rates decrease by 0.10%

Change applies to Business, PIE and Retail Term Deposits. See all Term Deposit rates.


Media enquiries contact: Kara Tait, Kiwibank External Communications Manager - 027 475 3521