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, we’ll need to see some ID to verify your identity and your address at your local Kiwibank.

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

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