How it works

  • No account management or transaction fees on your everyday accounts. Service fees apply.

  • You can apply for a low rate, fee free overdraft of up to $2,000. View recent changes.

  • You can apply for a Low Rate Mastercard® with a limit of up to $1,000. No annual account fee for the first year if you’re taking up a Kiwibank Credit Card for the first time, then $25 every six months.

  • Started working and looking for a Personal or Car Loan? You can apply to borrow from $2,000 to $15,000 at a special interest rate of with no application fee (other fees apply).

  • You can get a flat account with no account management or transaction fees, with a Visa Debit Card or an EFTPOS card for you and one other flatmate. Service fees apply.

  • Do your banking on the go with our mobile app for iPhone and Android.

The app requires a minimum of Apple iOS version 9.3 or Android OS version 4.1.

Eligibility and entitlements

To be eligible for the Graduate Pack, you must have successfully completed a qualification requiring at least one year of full or part–time study at a New Zealand University, Polytech or NZQA approved place of study.

You’re entitled to the benefits of the Graduate Pack for up to two years after you successfully complete your studies, and after that, Kiwibank’s standard rates and fees will apply.

To be eligible for a Kiwibank Low Rate Mastercard, personal loan or overdraft, you need to be aged 18 years or over, be a permanent New Zealand resident, have a good credit history and have any income paid into your Kiwibank account. You must also meet Kiwibank credit and lending criteria for an overdraft or credit card, and Latitude credit and lending criteria for a personal loan.

To be eligible for the flat account, you must have your main transaction account with Kiwibank.

If you’re opening a new account with Kiwibank, we’ll need to see some ID to verify your identity and your address at your local Kiwibank.

Latitude Personal loans and car loans are provided by Latitude Financial Services Limited ('Latitude'). Kiwibank receives a commission for referring a personal loan to Latitude. Latitude's lending criteria, terms and conditions and fees apply. Where new lending is consolidated with an existing Kiwibank or Latitude provided personal loan, a blended interest rate will apply.

Download Kiwibank’s Disclosure Statement (PDF 331.0 KB) or pick up a copy at your local Kiwibank.