Interest Rates and Fees

Our Personal Loan Rates

Interest Rates are subject to change

Personal Loans

Interest Rate

Loans fully secured by PSS or GSF

9.95% pa

Loans partially secured by PSS or GSF

From 10.70% - 13.75% pa *

Unsecured up to a maximum of $5,000

17.00% pa

* The interest rate charged for loans partially secured by PSS or GSF will vary between 10.70% and 13.75% per annum, which is determined by the loan amount versus the security value amount of the PSS or GSF.

Personal Loans Fees

Personal Loan Establishment Fee

$100

Personal Loan Facility Agreement Variation Fee

$50

Top Up Fees for Loans secured by PSS or GSF

Flat fee of $5 per top up when completed
through Internet Banking

Top Up Fees for Loans Fully Secured by PSS or GSF Loans Partially Secured by PSS or GSF and Unsecured Personal Loans

Flat fee of $10 per top up when completed by Police
and Families Credit Union on your behalf

Our Home Loan Rates

Interest Rates are subject to change

Home Loans

Interest Rate

Floating rate

5.99% pa

1 year fixed rate

5.49% pa

Home Loans Fees

Home Loans Establishment Fee

$100

Home Loans Facility Agreement Variation Fee

$50

Top Up Fees for Home Loans

Flat fee of $10 per top up when completed by Police
and Families Credit Union on your behalf

Default Interest Rate

Shall be the Annual Interest Rate for the Home Loan, as varied from time to time, plus 5 per cent per annum (pa)

Mortgage Discharge - Release Fee

$75

Our Term Deposit Rates

Interest Rates are subject to change

Term Deposits

Interest Rate

3 months

3.75% pa

4 months

3.75% pa

5 months

3.75% pa

6 months

4.10% pa

7 months

4.10% pa

8 months

4.10% pa

9 months

4.20% pa

12 months

4.30% pa

18 months

4.40% pa

24 months

4.50% pa

Our Savings Account Rates

Interest rates are subject to change

Transactional Account

Balance

Interest Rate

$0.00 - $100.00

0.00% pa

$100.01 - $1000.00

0.25% pa

$1000.01 - $2000

0.50% pa

$2000.01 +

1.00% pa

Transactional Account 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

Telephone Banking

FREE

ATM/EFTPOS Card Annual Fee

FREE

EFTPOS Fee (NZ)

FREE

ATM Fee (NZ)

$1.50

EFTPOS/Debit Replacement Card Fee

$5

Overseas ATM Fee

$7.50

Overseas EFTPOS Fee

FREE

Foreign Currency Fee

2.25% of the $NZ amount

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

NO CHARGE

Telegraphic Transfer Fee

$25

Dormant Account Fee (will be refunded if your account is reactivated)

$5 per month

Unauthorised Overdraft

17.55%

Other Fees

AccessDebit MasterCard voucher search charges may be charged. Courier charges for replacement card(s), e.g. AccessDebit MasterCard courier fee (domestic and international). Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/ or cash deposit fees may be charged

Christmas Club

Balance

Interest Rate

$1+

2.50% pa

Christmas Club Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Dormant Account Fee (will be refunded if your account is reactivated)

$5 per month

Other Fees

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

Achiever Saver

Balance

Interest Rate

$1+

3.25%

Achiever Saver Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Dormant Account Fee (will be refunded if your account is reactivated)

$5 per month

Other Fees

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

Bonus Saver

Balance

Interest Rate

$1 +

4.30% pa (Combined Interest Rate)

Base Interest rate is 2.15% pa. Bonus Interest rate of 2.15% pa only if no withdrawals and a minimum deposit of $20 (excluding Credit Interest) is made during the calendar month.

Bonus Saver Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Dormant Account Fee (will be refunded if your account is reactivated)

$5 per month

Other Fees

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

Future Saver

Balance

Interest Rate

$1 +

3.75% pa (Combined Interest Rate)

Base Interest rate is 2.50% pa. Bonus Interest rate of 1.25% pa only if no withdrawals and a minimum deposit of $20 (excluding Credit Interest) is made during the calendar month.

Future Account 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

Telephone Banking

FREE

ATM/EFTPOS Card Annual Fee

FREE

EFTPOS Fee (NZ)

FREE

ATM Fee (NZ)

$1.50

EFTPOS/Debit Replacement Card Fee

$5

Overseas ATM Fee

$7.50

Overseas EFTPOS Fee

FREE

Foreign Currency Fee

2.25% of the $NZ amount

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

NO CHARGE

Telegraphic Transfer Fee

$25

Dormant Account Fee (will be refunded if your account is reactivated)

$5 per month

Unauthorised Overdraft

17.55%

Other Fees

AccessDebit MasterCard voucher search charges may be charged. Courier charges for replacement card(s), e.g. AccessDebit MasterCard courier fee (domestic and international). Fees charged by other banks, e.g. telegraphic transfer fee, dishonour fee, special answer fee and/ or cash deposit fees may be charged


The Police and Families Credit Union is not a registered bank