Account at a glance

  • No transaction fees or monthly account fees if you have a minimum balance of $4,000 across your Front Runner accounts (a $15 monthly fee applies if balance drops below $4,000).

  • You’re rewarded with higher interest the more money you have in your account.

  • Access your money anytime with internet, mobile, text and phone banking as well as ATM and EFTPOS.

  • Get a Visa Debit Card, which works like a standard EFTPOS card, for online, over the phone, mail order and overseas purchases.

  • Ability to apply for an overdraft to help you cover unexpected expenses or purchases.

  • Set up and track your savings goals inside this account with Goal Tracker.

  • Use our smart services including PayStream, Sweep or Alerts.

Rates and fees

Interest rates


Interest rate




Account management fee

Free if $4000 in account

Deposits and withdrawals at Kiwibank branch *


Electronic transfers between your Kiwibank accounts


Electronic transactions

Online, EFTPOS, automatic payment, direct debit, bill payment


ATM withdrawal **


* A cheque clearance fee will apply to cheque deposits. This is set out in the service fee section under account general service fees.

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

Read more about our rates and fees


All Front Runner accounts must be held by the same person(s).

Front Runner is only available to personal customers, trusts and non-profit organisations. A flat monthly fee of $15 applies if the combined balance of all your Front Runner accounts drops below $4,000 during any month.

If you’re opening a new account with Kiwibank, you'll need to verify your identity and address. You can do this if you have a RealMe verified identity. Otherwise, you need to bring two forms of ID and proof of address at your local Kiwibank. Please give us a call to book an appointment before you visit.

Service fees may apply. Interest and fees calculated on a maximum of four accounts. Interest rates subject to change.

Download Kiwibank’s Disclosure Statement (PDF 474.3 KB) or pick up a copy at your local Kiwibank.