Free Up account

Get our easy to manage everyday account with no monthly account or electronic transaction fees. This is great for your day-to-day banking needs.
Kids squeezing lemons

Key features & benefits

  • No monthly account fee and free online transactions.

  • Bank online through internet banking and the mobile app.

  • You can open multiple Free Up accounts with custom nicknames and images to help you keep on top of your money.

  • Can be opened at any age with no minimum balance.

  • No transaction fees if you're under 19 years of age.

  • You can choose between an EFTPOS or a Visa Debit Card.

Rates & fees

Account management fee


Electronic transactions - Online, EFTPOS, automatic payment, direct debit, bill payment


Electronic transfers between your Kiwibank accounts


ATM withdrawal


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

Deposits at a Kiwibank branch

One free deposit per month; $3 per transaction after that

Withdrawals at a Kiwibank branch

$3 per transaction

Interest rate

Free Up (hard-coded) for balances $0+

How it works

Open a Free Up account

If you’d like to open a Free Up account, let’s get started.

If you’re opening a new account with us, you'll need to verify who you are. You can do this from anywhere using your smartphone. Otherwise, you’ll need to take some ID and proof of address to your nearest Kiwibank.

If you're opening a new account for your child, we'll need to verify you and your child's identity, address, and that you are the child’s parent or legal guardian. Please bring some ID, proof of address, and proof of your relationship, such as an original birth certificate, court order or letter from Oranga Tamariki - Ministry for Children to your appointment.

New to Kiwibank?

Welcome! Complete our online application form to join Kiwibank and open your first account.

Join now

Already a Kiwibank customer?

Log in to internet banking and go to Apply & Open to make it happen.

Log in to Internet Banking

Other accounts you may be interested in