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Interest Rates and Fees

Our Personal Loan Rates and Fees

Interest Rates are subject to change

Personal Loans Interest Rate

* The interest rate charged for loans partially secured by Police Superannuation Scheme (PSS) or Government Superannuation Fund (GSF) is determined by the loan amount versus the value of the PSS or GSF.

Loans fully secured by PSS or GSF

9.50% pa

Loans partially secured by PSS or GSF

From 10.70% - 13.75% pa *

Loans secured by Motor Vehicles

12.95% pa

Unsecured up to a maximum of $5,000

17.00% pa

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 or Mobile Banking

Top Up Fees for Loans Fully Secured by PSS or GSF, Loans Partially Secured by PSS or GSF, Loans secured by Motor Vehicles 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 and Fees

Interest Rates are subject to hange

Home Loans Interest Rate

Floating rate

5.19% pa

1 year fixed rate

4.79% 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 5.00% pa

Mortgage Discharge - Release Fee

$75

Our Overdraft Rates and Fees

Interest Rates are subject to change

Overdraft Interest Rate

$0.01 - $1,000

14.95% pa

$1,000.01 +

17.55% pa

Overdraft Fees

Overdraft Establishment Fee

$15

Our Term Deposit Rates

Interest Rates are subject to change

Term Deposits Interest Rate

3 months

2.80% pa

4 months

3.20% pa

5 months

3.20% pa

6 months

3.30% pa

7 months

3.30% pa

8 months

3.30% pa

9 months

3.50% pa

12 months

3.40% pa

18 months

3.80% pa

24 months

3.85% pa

Our Savings Account Rates and Fees

Interest rates are subject to change

Achiever Saver Balance Interest Rate

$1 +

1.50% pa

Achiever Saver Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Mobile Banking

FREE

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

FREE

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

$5 per month

Other Fees

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

Bonus Saver Balance Interest Rate

Base Interest rate is 1.20% pa. Bonus Interest rate of 1.20% pa only if no withdrawals and a minimum deposit of $20 (excluding Credit Interest) is made during the calendar month.

$1 +

2.40% pa (Combined Interest Rate)

Bonus Saver Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Mobile Banking

FREE

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

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 on charged

Christmas Club Balance Interest Rate

You can also qualify for an extra reward of a New World voucher in November 2017*

$1 +

1.25% pa

Christmas Club Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Mobile Banking

FREE

Direct Debit Dishonour Fee

$25

Automatic Payments - Dishonour Fee

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 on charged

Future Saver Balance Interest Rate

Base Interest rate is 1.00% 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.

$1 +

2.25% pa (Combined Interest Rate)

Future Saver 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

Mobile Banking

FREE

Debit MasterCard Annual Fee

FREE

EFTPOS Transaction Fee (NZ)

FREE

ATM Transaction FEE (NZ)

$1.50

Debit MasterCard Replacement Card Fee

$5.00

Overseas ATM Transaction Fee

$7.50

Overseas EFTPOS Transaction Fee

FREE

Foreign Currency Fee

2.25% of the $NZ amount

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

No Charge

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

$5 per month

Other Fees

Debit MasterCard voucher search charges may be charged. Courier charges for replacement card(s), e.g. Debit 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

Transaction & Goal Account Balance Interest Rate

$0 - $2,000

0.00% pa

$2000.01 +

0.25% pa

Transaction & Goal 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

Mobile Banking

FREE

Debit MasterCard Annual Fee

FREE

EFTPOS Transaction Fee (NZ)

FREE

ATM Transaction Fee (NZ)

$1.50

Debit MasterCard Replacement Card Fee

$5.00

Overseas ATM Transaction Fee

$7.50

Overseas EFTPOS Transaction Fee

FREE

Foreign Currency Fee

2.25% of the $NZ amount

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

FREE

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

$5 per month

Other Fees

Debit MasterCard voucher search charges may be charged. Courier charges for replacement card(s), e.g. Debit 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

Education Saver Account Interest Rates

Effective 1 February 2015 no new Education Saver Accounts will be opened

$1 - $3000

0.00% pa

$3000.01 - $4000

0.25%

$4000.01

1.25%

Education Saver Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Mobile Banking

FREE

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

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 on charged

Target Saver Account Interest Rates

Effective 1 February 2015 no new Target Saver Accounts will be opened

$1 - $3,000

0.00% pa

$3,000.01 - $4,000

1.25% pa

$4,000.01 +

1.50% pa

Target Saver Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Mobile Banking

FREE

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

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 on charged

Teen Saver Account Interest Rates

Effective 1 February 2015 no new Teen Saver Accounts will be opened

$1 +

0.75% pa

Teen Saver Fees

Monthly Account Fee

FREE

Deposit Fee

FREE

Bank Cheque Fee

FREE

Internet Banking

FREE

Telephone Banking

FREE

Mobile Banking

FREE

Direct Debits Dishonour Fee

$25

Automatic Payments - Dishonour Fee

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 on charged