Interest Rates

Our current interest rates

Term Deposit Rates

Interest Rates are subject to change

Term Deposits Interest Rate
1 months 1.10% pa
2 months 1.60% pa
3 months 2.85% pa
4 months 3.10% pa
5 months 3.40% pa
6 months 3.45% pa
9 months 3.70% pa
12 months 3.45% pa
15 months 3.45% pa
18 months 3.75% pa
24 months 4.00% pa
Christmas Club
Balance Interest Rate
$1+ 2.00% pa

Based on the minimum monthly balance

Christmas Club Fees
Monthly Account Fee FREE
Deposit Fee FREE
Bank Cheque Fee FREE
Internet Banking FREE
Mobile Banking FREE
Direct Debits Dishonour Fee $10
Automatic Payments – Dishonour Fee FREE
Dormant Account Fee FREE
Access TXT Fee $0.70

All Text Balances

Other Fees Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/or cash deposit fees may be on charged.
Bill Pay Account
Balance Interest Rate
$1+ 0.00% pa
Bill Pay Account Fees
Monthly Account Fee FREE
Deposit Fee FREE
Bank Cheque Fee FREE
Internet Banking FREE
Mobile Banking FREE
Direct Debits Dishonour Fee $10
Automatic Payments – Dishonour Fee FREE
Dormant Account Fee FREE
Access TXT Fee $0.70

All Text Balances

Other Fees Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/or cash deposit fees may be on charged.
Special Savings Accounts
Balance Interest Rate
$1 + 1.00% pa

 

Based on the minimum monthly balance

Special Savings Accounts Fees
Monthly Account Fee FREE
Deposit Fee FREE
Bank Cheque Fee FREE
Internet Banking FREE
Mobile Banking FREE
Direct Debits Dishonour Fee $10
Automatics Payments – Dishonour Fee FREE
Dormant Account Fee FREE
Access TXT Fee $0.70

 

All Text Balances

Other Fees Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/or cash deposit fees may be on charged.
Primary Share Accounts
Balance Interest Rate
$1 + 0.50% pa

 

Based on the minimum monthly balance

Primary Share Accounts Fees
Monthly Account Fee FREE
Deposit Fee FREE
Bank Cheque Fee FREE
Internet Banking FREE
Mobile Banking FREE
Direct Debits Dishonour Fee $10
Automatics Payments – Dishonour Fee FREE
Dormant Account Fee FREE
Access TXT Fee $0.70

 

All Text Balances

Other Fees Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/or cash deposit fees may be on charged.
AccessDebit Mastercard
Balance Interest Rate
$1 0.50% pa

 

 

Based on the minimum monthly balance

AccessDebit Mastercard Fees
Monthly Account Fee FREE
Deposit Fee FREE
Bank Cheque Fee FREE
Direct Debits – Establishment Fee FREE
Automatic Payments – Establishment Fee FREE
Bill Payee Set Up Fee FREE
Additional Statement Fee FREE
Internet Banking FREE
Mobile Banking FREE
AccessDebit Mastercard Annual Fee FREE
AccessDebit Mastercard Replacement Card Fee FREE
ATM Transaction Fee (NZ) $1.50

 

 

Some ATMs may also apply a surcharge to withdrawals from their ATMs. This should be drawn to your attention before you proceed with your transaction. This surcharge amount will be added to your withdrawal amount, converted to NZ dollars (if required) and debited to your account with your withdrawal.

Some merchants may apply a charge for using Contactless or for Internet transactions. It is a merchant responsibility to notify you of any additional charges at the time of sale. These are usually added to the purpose price.

ATM Balance Enquiry, EFTPOS Transaction and Declined Transaction $0.30 per transaction
Overseas ATM Transaction Fee $7.00

 

 

Some ATMs may also apply a surcharge to withdrawals from their ATMs. This should be drawn to your attention before you proceed with your transaction. This surcharge amount will be added to your withdrawal amount, converted to NZ dollars (if required) and debited to your account with your withdrawal.

Some merchants may apply a charge for using Contactless or for Internet transactions. It is a merchant responsibility to notify you of any additional charges at the time of sale. These are usually added to the purpose price.

 

Overseas ATM Balance Enquiry, EFTPOS Transaction and Declined Transaction $0.80 per transaction
Foreign Currency Fee 2.25% of the $NZ transaction charge
Direct Debits Dishonour Fee $10
Automatic Payments – Dishonour Fee FREE
Dormant Account Fee FREE
Access TXT Fee $0.70

 

 

All Text Balances

Other Fees AccessDebit Mastercard voucher search charges may be charged. Courier charges for replacement card(s), e.g. AccessDebit Mastercard courier fee (domestic only).

 

 

Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/or cash deposit fees may be on charged. Government Duties, Taxes and Merchant Fees may be charged.

Loan Provider
Balance Interest Rate
$1+ 0.00% pa
Loan Provider Fees
Monthly Account Fee FREE
Deposit Fee FREE
Bank Cheque Fee FREE
Internet Banking FREE
Mobile Banking FREE
Direct Debits Dishonour Fee $10
Automatic Payments – Dishonour Fee FREE
Dormant Account Fee FREE
Access TXT Fee $0.70

All Text Balances

Other Fees Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/or cash deposit fees may be on charged.
Personal Loan Interest Rate
Loans above $5,000 – secured by Motor Vehicles* 11.95% pa
Loans under $5,000 – secured by Loan Provider Account with a balance less than the loan amount 11.95% pa
* Motor Vehicle loans are secured and registered on the Personal Property Securities Register (PPSR). A PPSR charge of $23.00 applies.
Personal Loans Fees
Personal Loan Establishment Fee – loans over $20,000 $250
Personal Loan Establishment Fee – loans $5,000 – $19,999 $150
Personal Loan Establishment Fee – loans $4,999 and less $100
Personal Loan Establishment Fee – Top Up – loans over $20,000 $250
Personal Loan Facility Agreement – Top Up – – loans $5,000 – $19,999 $150
Personal Loan Facility Agreement – Top Up – – loans $4,999 and less $100
Loan Restructure $50
Instant Personal Loans Interest Rate
Instant Loans – secured by Loan Provider that has a balance equal to or greater than the loan amount 9.95% pa
Personal Loans Fees
Instant Loans – secured by Loan Provider that has a balance equal to or greater than the loan amount FREE

Interest Rates are subject to change

Home Loans Interest Rate
Floating Rate 6.50% pa
Home Loans Fees
Home Loans Establishment Fee $250
Home Loans Facility Agreement – Top Up $250
Home Loan Restructure $50
Default Interest Rate Shall be the Annual Interest Rate for the Home Loan, as varied from time to time, plus 5.00% pa
Default Fee $5
Bad Debt Collection Fees

All charges/costs as claimed by Collection Agency to be included in the debt being collected.

Other Charges

Where NZFCU incurs a charge from another organisation when acting on a member’s behalf including credit checks, legal costs and disbursements or costs associated with the registration of securities, New Zealand Firefighters Credit Union will pass these costs on to the member. Due to the nature of these charges the exact cost will not be known until the time of application.

If you would like further information about these possible charges please contact us on 0508 613 328.

For loans, New Zealand Firefighters Credit Union terms and conditions and normal lending criteria apply.

All variable rates, fees and returns are subject to change without notice.

The current Product Disclosure Statement, other disclosure statements and rates and fees are available on the Offer Register at www.business.govt.nz/disclose, on www.firefighters.co.nz, or on request from New Zealand Firefighters Credit Union.

New Zealand Firefighters Credit Union is proud to be a credit union and not a registered bank.