Rates & fees
Everyday & savings accounts
Interest rates are subject to change. Service fees may apply.
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Everyday |
Savings |
Savings |
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Interest rates |
Free Up (hard-coded) for balances Free Up (hard-coded) |
Notice Saver 32 days $2,000 + (active) for 32 days notice period Notice Saver 90 days $2,000 + (active) for 90 days notice period |
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Transaction fees* |
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Deposit at Kiwibank branch |
$3 per transaction No fee for the first deposit each month |
No fee |
No fee |
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Withdrawal at Kiwibank branch |
$3 per transaction |
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Account management fee |
No fee |
No fee |
No fee |
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Transfers – for electronic transfers between your Kiwibank accounts |
No fee |
No fee |
No fee |
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Electronic transactions – online, EFTPOS, automatic payments, direct debit, bill payment |
No fee |
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ATM withdrawal2 |
No fee |
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Inoperative account management fee |
When you haven’t initiated any transactions for one year and have a balance of less than $200 across all your everyday and savings account(s). $30 per year. This fee is charged across all your everyday and savings account(s). If there's less than $30 across all your everyday and savings account(s), we'll take whatever balance is in your account(s). Accounts with $0 balance before or after the fee is charged will be closed. |
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An unauthorised overdraft rate of 22% p.a. will apply if your account goes into negative balance or exceeds any agreed overdraft limit. Interest rates are subject to change.
*You don’t pay transaction fees on your personal banking, everyday and savings accounts if you're under 19 years of age, over 65 years of age, or a non-profit organisation.
1 Immediate withdrawal charges may apply.
2 There are service fees relating to other ATM transactions.
We stopped offering our Now, Bill Blaster and Front Runner everyday accounts, and our Back-up Saver, Fast Forward Saver and First Saver savings accounts. If you have one of these accounts you can find information about their rates and fees on our products no longer offered page.
Retail products aren't available to financial institutions or wholesale customers.
Limits
Limits
Maximum amount for ATM withdrawals |
The maximum amount that you can withdraw from ATMs using your ATM/EFTPOS card or Visa Debit Card. $2,500 per day. |
Maximum amount for purchases |
The maximum amount that you can purchase using your ATM/EFTPOS card or Visa Debit Card. $5,000 per day. |
Maximum amount for withdrawals and purchases from an account |
The maximum amount that you can withdraw from an account using ATM/EFTPOS cards and Visa Debit Cards linked to that account. $7,500 per day. |
Open an account
If you're keen to open an account with Kiwibank, let's get started.
New to Kiwibank?
Welcome! Complete our online application form to join Kiwibank and open your first account.
Join nowAlready a Kiwibank customer?
Log in to internet banking and go to Apply & Open to make it happen.
Log in to Internet BankingIf you’re opening a new account with Kiwibank, we'll need to verify your identity and address. You can do this from anywhere using your smartphone. Otherwise, you’ll need to take acceptable forms of ID and proof of address to your nearest Kiwibank. Please give us a call to book an appointment before you visit.
Standard terms & conditions
Terms and conditions, and fees apply. Interest rates, fees and limits subject to change. See all personal banking fees and limits and investments terms and conditions.
Kiwibank Notice Saver is a fund within a Portfolio Investment Entity (PIE). Units in Kiwibank Notice Saver are distributed by Kiwibank Limited and are issued by Kiwibank Investment Management Limited.
Retail products aren't available to financial institutions or wholesale customers.