Everyday account
Interest rates are subject to change. Service fees may apply.
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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*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.
*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.
Upcoming changes to our savings and investment accounts
From 24 August 2022, you'll no longer be able to open a new Back-up Saver, Fast Forward Saver or First Saver account. If you already have one or more of these accounts, you'll be able to continue to use them as normal for now.
We're also making some changes to our Online Call, PIE Online Call, PIE Term Deposit and Notice Saver accounts. Learn more about the changes.
Savings accounts
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.
Kids accounts
Interest rates are subject to change. Service fees may apply.
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First Saver |
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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 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 |
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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.
You don’t pay transaction fees if you're...
- Under 19 years of age
- Over 65 years of age
- A non-profit organisation.
- A Graduate Pack customer (for two years after you successfully complete your studies)*
- A Tertiary Pack customer (while you meet our Tertiary Pack requirements)*
*As of 1 February 2021, we no longer offer our Tertiary and Graduate Packs to customers.
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. |
Open an account
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.
New to Kiwibank?
Welcome! Complete our online application form to join Kiwibank and open your first account.
Join nowAlready a Kiwibank customer?
Log in to internet banking and go to Apply & Open to make it happen.
Log in to Internet BankingStandard 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.
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. You can find information about the Tertiary Pack and Graduate Pack on our products no longer offered page.