You can download our new rates and fees guide here.
If you have any questions please feel free to call us on 0800 229 943 or email enquiries@nzcubaywide.co.nz
| Everyday saver | |
| Up to $4,999 | 0.15% p.a. |
| $5,000 to $19,999 | 0.25% p.a. |
| $20,000 to $99,999 | 0.35% p.a. |
| $100,000 and over | 0.45% p.a. |
> Maximum deposit $1.5 million per customer
> Interest rates quoted apply to the whole account balance
> Interest calculated on the minimum daily balance and paid monthly
> Interest rates are indicative only and may be subject to change without notice
| Online saver | |
| $1,000 to $19,999 | 0.25% p.a. |
| $20,000 and over | 0.50% p.a. |
> Customers must register for internet banking and opt for email statements
> Maximum deposit $1.5 million per customer
> Interest rates quoted apply to the whole account balance
> Interest calculated on the minimum daily balance and paid monthly
> Interest rates are indicative only and may be subject to change without notice
| Loyalty saver | |
| Interest | 0.35% p.a.* |
*Loyalty saver existing accounts only, no new accounts can be opened.
> Maximum deposit $1.5 million per customer
> Interest rates quoted apply to the whole account balance
> Interest rates are indicative only and may be subject to change without notice
| Christmas saver | |
| Interest | 0.50% p.a. |
> Maximum deposit $1.5 million per customer
> Interest rates quoted apply to the whole account balance
> Interest rates are indicative only and may be subject to change without notice
| Kids saver (ages 0-10 yrs) | |
| Interest | 0.75% p.a. |
> Maximum deposit $1.5 million per customer
> Interest rates quoted apply to the whole account balance
> Interest rates are indicative only and may be subject to change without notice
| Everyday | |
| Interest | 0.00% p.a. |
| Everyday unlimited | |
| Interest | 0.00% p.a. |
| Bill pay | |
| Interest | 0.00% p.a. |
| Freedom (ages 11-17yrs) | |
| Interest | 0.75% p.a. |
> Maximum deposit $1.5 million per customer
> Interest rates quoted apply to the whole account balance
> Freedom account: Interest is calculated on the minimum daily balance and paid monthly
> Interest rates are indicative only and may be subject to change without notice
| Term | Interest rate |
| 1 month | 0.20% p.a. |
| 2 months | 0.20% p.a. |
| 3 months | 0.50% p.a. |
| 4 months | 0.60% p.a. |
| 5 months | 0.75% p.a. |
| 6 months | 1.15% p.a. |
| 9 months | 1.30% p.a. |
| 12 months | 1.50% p.a. |
| 18 months | 1.60% p.a. |
| 24 months | 1.75% p.a. |
| 36 months | 2.00% p.a. |
| 48 months | 2.20% p.a. |
| 60 months | 2.30% p.a. |
> Interest is calculated on a daily basis
> Investors are advised of their options prior to maturity
> Maximum deposit $1.5 million per customer
> Minimum deposit is $1,000 for adults and $500 for children under 18 years old
> These are indicative rates only and may be subject to change without notice
> If an early withdrawal is approved by Credit Union Baywide, a reduced rate of interest will apply as follows:
a) If a term deposit is withdrawn, in full or in part, within the first 30 days, 0% interest will be applied to the withdrawn portion.
b) Where the term deposit is withdrawn, in full or in part, before the maturity date but after the first 30 days, a reduced interest rate will be applied calculated using the advertised rate at the time the term deposit was opened, for the actual term the money was invested (as determined at our discretion), less 2%. The applicable interest rate will not reduce below 0%.
| Floating | |
| Floating | 5.65% p.a. |
| Fixed | |
| 6 months | 3.99% p.a. |
| 12 months | 3.95% p.a. |
| 18 months | 3.95% p.a. |
| 24 months | 3.85% p.a. |
NZCU Central members with Home loans disbursed before 16th August 2020 have a floating interest rate of 9.95% p.a. Please contact us to see if you’re eligible to apply for the new floating rate. Terms and conditions and normal lending criteria will apply.
> Other rates may apply depending on your personal circumstances and level of equity
> Interest rates are indicative only and may be subject to change without notice
Our interest rates for personal finance loans are priced using a risk matrix that takes into consideration a range of factors including your credit score and affordability. Based on the assessment of your financial information provided we will assign a risk grade and the corresponding interest rate could apply.
|
|
Secured loan |
Unsecured loan |
|
Grade |
Interest rate p.a.* |
Interest rate p.a.* |
|
Orange A |
7.90% |
8.90% |
|
Orange B |
9.90% |
10.90% |
|
Yellow A |
11.90% |
12.90% |
|
Yellow B |
13.90% |
14.90% |
|
Green A |
15.90% |
16.90% |
|
Green B |
18.90% |
19.90% |
|
Blue A |
21.90% |
22.90% |
|
Blue B |
24.90% |
25.90% |
> These are indicative personal loan rates only and may be subject to change without notice
| Overdraft type | Interest rate |
| Authorised overdraft | 19.90% p.a. |
|
Unauthorised overdraft |
21.90% p.a. |
> These are indicative rates only and may be subject to change without notice.
| Pocket loan interest rate | 29.00% p.a. |
> These are indicative rates only and may be subject to change without notice.
To view our fees click here.
Credit Union Baywide shares are secured by a first ranking security of Credit Union Baywide's assets.
The current Credit Risk Statement, Product Disclosure Statement and other disclosure statements are available here or from any of our branches.
Phone: 0800 229 943 or (06) 873 1100
Email: enquiries@nzcubaywide.co.nz
