Compare accounts rates and fees

Know how much interest you’re earning, what fees you’re paying and the transaction limits on your Kiwibank everyday and savings accounts.

Everyday accounts

Interest rates are subject to change.

 

Free Up

Now - monthly1

Now - pay as you go

Bill Blaster

Front Runner

Account management fee

Free

$5 per month

Free

Free

Free if $4000 in account2

Interest rates

for balances

for balances

for balances

for balances

for balances

for balances

for balances $4,000 - $99,000

for balances

Deposits and withdrawals at a Kiwibank branch3

$3 per transaction (one free deposit per month)

Free

$3 per transaction (one free deposit per month)

$3 per transaction (one free deposit per month)

Free

Electronic transfers between your Kiwibank accounts

Free

Free

Free

Free

Free

Electronic transactions4

Free

Free

$0.40 per transaction

Free

Free

ATM withdrawal5

Free

Free

$0.80 per withdrawal

Free

 

Free Up

Now - monthly1

Now - pay as you go

Bill Blaster

Front Runner

Account management fee

Free

$5 per month

Free

Free

Free if $4000 in account2

Interest rates

for balances

for balances

for balances

for balances

for balances

for balances

for balances $4,000 - $99,000

for balances

Deposits and withdrawals at a Kiwibank branch3

$3 per transaction (one free deposit per month)

Free

$3 per transaction (one free deposit per month)

$3 per transaction (one free deposit per month)

Free

Electronic transfers between your Kiwibank accounts

Free

Free

Free

Free

Free

Electronic transactions4

Free

Free

$0.40 per transaction

Free

Free

ATM withdrawal5

Free

Free

$0.80 per withdrawal

Free

1 The $5 flat monthly fee plan isn't available to companies, trusts or organisations.

2 A flat monthly fee of $15 applies if the combined balance of all your Front Runner accounts drops below $4,000 during any month. Service fees may apply.

3 Service fees (including cash handling and cheque clearance fees) may apply.

4 Electronic transactions include online, EFTPOS, automatic payment, direct debit and bill payment. Limits apply to phone banking.

5 Service fees may apply to a balance enquiry or overseas ATM.

A note about cheques

Kiwibank is phasing out cheques. See the timings and ways we can support you through this transition. Find out more.

Savings accounts

Interest rates are subject to change.

 

Fast Forward Saver

Back-up Saver

First Saver

Notice Saver

Online Call

Interest rates1

for balances

Please note interest breakdown.

for balances

for balances

for 32 days and 90 days notice period for balances $0 - $1,999

for 32 days notice period for balances $2,000+

for 90 days notice period for balances $2,000+

for balances

for balances

Please note interest breakdown.

Account management fee

Free

Free

Free

Free

Free

Deposits and withdrawals at Kiwibank branch2

Free deposits; one free withdrawal of any type per month, then $5 per withdrawal

$3 per transaction (one free deposit per month)

$3 per transaction (one free deposit per month)

Free deposits; withdrawal N/A

Electronic transfers between your Kiwibank accounts

Free

Free

Free

Free

Free

Kiwibank ATM withdrawal3

$1 per withdrawal

Withdrawal fee - automatic payment, bill payment and direct debit

One free withdrawal of any type per month, then $5 per withdrawal

$1 per withdrawal

Withdrawal fee - EFTPOS, online

$1 per withdrawal

 

Fast Forward Saver

Back-up Saver

First Saver

Notice Saver

Online Call

Interest rates1

for balances

Please note interest breakdown.

for balances

for balances

for 32 days and 90 days notice period for balances $0 - $1,999

for 32 days notice period for balances $2,000+

for 90 days notice period for balances $2,000+

for balances

for balances

Please note interest breakdown.

Account management fee

Free

Free

Free

Free

Free

Deposits and withdrawals at Kiwibank branch2

Free deposits; one free withdrawal of any type per month, then $5 per withdrawal

$3 per transaction (one free deposit per month)

$3 per transaction (one free deposit per month)

Free deposits; withdrawal N/A

Electronic transfers between your Kiwibank accounts

Free

Free

Free

Free

Free

Kiwibank ATM withdrawal3

$1 per withdrawal

Withdrawal fee - automatic payment, bill payment and direct debit

One free withdrawal of any type per month, then $5 per withdrawal

$1 per withdrawal

Withdrawal fee - EFTPOS, online

$1 per withdrawal

1 Breakdown of interest for Online Call and Fast Forward Saver below.

Fast Forward Saver rewards you with bonus interest each calendar month when you make no withdrawals or transfers; and deposit at least $20, on or before the last business day of the month. Just be aware, any interest earnt doesn't count as a deposit.

Balance

Base rate

Bonus rate

Total rate

Online Call rewards you with bonus interest each calendar month when you make no withdrawals or transfers; and have a minimum balance of $2,000 in your account at any time.

Balance

Base rate

Bonus rate

Total rate

$0 - $1,999

$2,000 +

Balance

Base rate

Bonus rate

Total rate

$0 - $1,999

$2,000 +

2 Service fees (including cash handling and cheque clearance fees) may apply.

3 Service fees may apply to a balance enquiry or overseas ATM.

Fees

You don’t pay transaction fees if you're...

  • A Kiwibank Home Loan customer
  • under 19 years of age
  • a Tertiary Pack customer (while you meet our Tertiary Pack requirements)
  • a Graduate Pack customer (for two years after you successfully complete your studies)
  • a non-profit organisation
  • over 65 years of age.

Inoperative account management fee

When you haven’t initiated any transactions for one year and have a balance of less than $200 across all your everyday and savings account(s).

$30 per year. This fee is charged across all your everyday and savings account(s). If there is less than $30 across all your everyday and savings account(s), we'll take whatever balance is in your account(s). Accounts with $0 balance before or after the fee is charged will be closed.

Notice Saver immediate withdrawal charge

When you request an immediate withdrawal of part or all of your money from Notice Saver without giving the required notice.

The amount of the charge varies depending on the amount being withdrawn, the current rate of return for your Notice Saver and the length of the required notice period.

The immediate withdrawal charge is based on the lesser of:

  • the amount withdrawn multiplied by the current rate of return divided by the number of days in the year. This is then multiplied by the notice period;
  • the interest earned and accrued over the previous period equivalent to the notice period.

Service fees and international accounts and services fees still apply.

Limits

Maximum amount for ATM withdrawals

The maximum amount that you can withdraw from ATMs using your ATM/EFTPOS card or Visa Debit Card.

$2,500 per day.

Maximum amount for purchases

The maximum amount that you can purchase using your ATM/EFTPOS card or Visa Debit Card.

$5,000 per day.

Maximum amount for withdrawals and purchases from an account

The maximum amount that you can withdraw from an account using ATM/EFTPOS cards and Visa Debit Cards linked to that account.

$7,500 per day.