Interest Rates

Our current interest rates

Term Deposit Rates

Interest Rates are subject to change without Notice.

Term Deposits Interest Rate
1 months 1.25% pa
2 months 2.00% pa
3 months 2.85% pa
4 months 3.10% pa
5 months 3.25% pa
6 months 3.30% pa
9 months 3.55% pa
12 months 3.50% pa
15 months 3.50% pa
18 months 3.70% 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+ 0.50% 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
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 +

0.20% 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

0.20% 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 and Savings Provider

Balance Interest Rate
$1+ 0.50% pa
Loan and Service 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.

Our Overdraft Interest Rates and Fees

 

Type Minimum Amount Maximum Amount Facility Term
Overdraft Facility $100 $1,000 On Demand
Type Authorised Overdraft Interest Rate Unauthorised Overdraft Interest Rate Establishment Fee
Overdraft Facility 13.95% 18.95% $50
Personal Loan Interest Rate
Normal Lending Criteria Applies

Loans above $20,000 – fully secured by Motor Vehicles* and a caveat over residential property**

9.95% pa
Loans above $5,000 – secured by Motor Vehicles* 11.95% pa
Loans – unsecured (maximum $10,000) 13.95% pa
* Motor Vehicle loans are secured and registered on the Personal Property Securities Register (PPSR). A PPSR charge of $23.00 applies.

** Personal Loans that are secured by way of a caveat registration over residential property, will incur a fee of $267.50

Personal Loans Fees
Personal Loan Establishment Fee – loans over $20,000 $250
Personal Loan Establishment Fee – loans $5,000 – $20,000 $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 – $20,000 $150
Personal Loan Facility Agreement – Top Up – loans $4,999 and less $100
Loan Restructure $50
Personal Property Securities Register (PPSR) charge $23
Caveat registration over residential property $267.50
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

Normal Lending Criteria Applies

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

Normal Lending Criteria Applies

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.