Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Kiwibank Rate Changes

We are making changes to our Term Deposit and fixed Home Loan rate cards effective Thursday 31st August.

Term Deposit Card

Interest Tier:$10,000+ $5,000 - $9,999
 Current RateNew RateChange Current RateNew RateChange
1 year5.90%6.00%0.10% 5.80%5.90%0.10%
        
Interim interest       
1 year5.90%6.00%0.10% 5.80%5.90%0.10%
       
Home Loan Card      
Headline Special: 6.99% p.a. fixed for one year. Min 20% equity.    
       
ProductPrevious Special Rate*New Special Rate*Previous Standard Rate (>80LVR)New Standard Rate (>80LVR)  
Variable / Offset8.50% 8.50%   
Revolving8.55% 8.55%   
6 month fixed 7.15% 8.15%   
1 year fixed 6.99% 7.99%   
2 year fixed 6.79%6.89%7.79%7.89%  
3 year fixed 6.49%6.69%7.39%7.59%  
4 year fixed 6.29%6.49%7.19%7.39%  
5 year fixed 6.29%6.49%7.19%7.39%  
       
       
* Minimum 20% equity. (Specials are also available for First Home Loan customers).  
+ For all Bridging loans, the interest rate will be 1% above Kiwibank’s variable interest rate.  
             
Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.