How it works

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

  • Get a Visa Debit Card, it comes with payWave and the $10 annual fee is waived while you’re on the Tertiary Pack.

  • You can apply for a low rate, fee free overdraft of up to $1,000 in your first year and up to $2,000 in your second and subsequent years.

  • You can apply for a Low Rate Mastercard® with a limit of up to $500. No account fee for the first year if you’re taking up a Kiwibank Credit Card for the first time.

  • 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 & entitlements

To be eligible for the Tertiary Pack, you must be studying full or part–time at a New Zealand University, Polytech, Industry Training Organisation or NZQA approved place of study for a minimum of one year.

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

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.

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

Kiwibank reserves the right to amend these promotion terms and conditions at any time.