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Compare the interest rates, transaction fees and limits on our everyday and savings accounts.
Interest rates are subject to change. Service fees may apply.
On Thursday 25 March 2021 we stopped offering our Now, Bill Blaster and Front Runner everyday accounts. If you have one of these accounts you can find information about their rates and fees on our products no longer offered page.
Free Up |
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Interest rates |
for balances |
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Transaction fees* |
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Account management fee |
Free |
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Deposits and withdrawals at a Kiwibank branch1 |
$3 per transaction (one free deposit per month) |
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Electronic transfers between your Kiwibank accounts |
Free |
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Electronic transactions2 |
Free |
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ATM withdrawal3 |
Free |
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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's 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. |
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*You don’t pay transaction fees if you're 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, or over 65 years of age.
1 Service fees may apply.
2 Electronic transactions include online, EFTPOS, automatic payment, direct debit and bill payment.
3 Service fees may apply to a balance enquiry or overseas ATM.
Interest rates are subject to change. Service fees may apply.
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Fast Forward Saver |
Back-up Saver |
First Saver |
Notice Saver1 |
Online Call |
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Interest rates2 |
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 breakdown2 |
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Transaction fees* |
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Account management fee |
Free |
Free |
Free |
Free |
Free |
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Deposits and withdrawals at Kiwibank branch3 |
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 |
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Electronic transfers between your Kiwibank accounts |
Free |
Free |
Free |
Free |
Free |
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Kiwibank ATM withdrawal4 |
— |
$1 per withdrawal |
— | — | — |
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Withdrawal fee - automatic payment, bill payment and direct debit |
One free withdrawal of any type per month, then $5 per withdrawal |
$1 per withdrawal |
— | — | — |
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Withdrawal fee - EFTPOS and online |
— |
$1 per withdrawal |
— | — | — |
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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's 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. |
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*You don’t pay transaction fees if you're 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, or over 65 years of age.
1 There are no transaction fees on our Notice Saver account. However early withdrawal charges may apply. Find out more.
2 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.
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Balance |
Base rate |
Bonus rate |
Total rate |
|---|---|---|---|
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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.
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Balance |
Base rate |
Bonus rate |
Total rate |
|---|---|---|---|
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$0 - $1,999 |
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$2,000 + |
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3Service fees may apply.
4 Service fees may apply to a balance enquiry or overseas ATM.
Interest rates are subject to change. Service fees may apply.
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First Saver |
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|---|---|
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Interest rates |
for balances |
|
Transaction fees* |
|
|
Account management fee |
Free |
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Deposits and withdrawals at Kiwibank branch |
$3 per transaction (one free deposit per month) Service fees may apply. |
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Electronic transfers between your Kiwibank accounts |
Free |
|
Kiwibank ATM withdrawal |
— |
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Withdrawal fee - automatic payment, bill payment, direct debit, EFTPOS and online |
— |
*You don’t pay transaction fees if you're under 19 years of age.
As of 1 February 2021, we no longer offer our Tertiary Pack and Graduate Pack to customers. If you're currently on a Graduate or Tertiary Pack, you won't be able to extend it past the agreed expiry date, but your benefits will continue until then.
Interest rates |
The interest rate you'll receive on your account depends on the everyday account that you have with us. |
Fees |
You don't pay the following transaction fees on our everyday accounts if you're a Tertiary or Graduate Pack customer.
Service fees may apply. |
*As of 1 February 2021, we no longer offer our Tertiary and Graduate Packs to customers.
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. |
If you're keen to open an account with Kiwibank, let's get started.
If you’re opening a new account with Kiwibank, we'll need to verify your identity and address. You can do this online if you have a RealMe verified identity. Otherwise, you’ll need to bring acceptable forms of ID and proof of address to your nearest Kiwibank. Please give us a call to book an appointment before you visit.
Standard terms and conditions
Terms and conditions, and fees apply. Interest rates, fees and limits subject to change. See all personal banking fees and limits and investments terms and conditions.
Kiwibank Notice Saver is a fund within a Portfolio Investment Entity (PIE). Units in Kiwibank Notice Saver are distributed by Kiwibank Limited and are issued by Kiwibank Investment Management Limited.
Retail products aren't available to financial institutions or wholesale customers.