Interest rates

Interest rates

Success saver
Up to $4,999 1.00% p.a.
$5,000 to $19,999 1.25% p.a.
$20,000 to $99,999 1.50% p.a.
$100,000 and over 1.75% p.a.

 

> Maximum deposit $1 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 2.00% p.a.
$20,000 and over 2.00% p.a.

 

Customers must register for internet banking and opt for email statements

> Maximum deposit $1 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

 

Goal saver 
Interest 0.75% p.a.

 

> Maximum deposit $1 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

 

Loyalty saver 
Interest 0.00% p.a.

 

> Maximum deposit $1 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 1.50% p.a.

 

> Maximum deposit $1 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

 

Jimmy J junior saver (ages 0-10 yrs)
Interest 1.75% p.a.

 

> Maximum deposit $1 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.

 

Bfree youth (ages 11-17yrs)
Interest 1.50% p.a.

 

> Maximum deposit $1 million per customer

> Interest rates quoted apply to the whole account balance

Bfree youth 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 1.25% p.a.
2 months 1.25% p.a.
3 months 2.50% p.a.
4 months 3.00% p.a.
5 months 3.00% p.a.
6 months 3.35% p.a.
9 months 3.40% p.a.
12 months 3.50% p.a.
18 months 3.55% p.a.
24 months 3.60% p.a.
36 months 3.75% p.a.
48 months 4.00% p.a.
60 months 4.10% p.a.

 

> Interest is calculated on a daily basis

> Investors are advised of their options prior to maturity

> Maximum deposit $1 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 NZCU 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%.

  

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Floating  
Floating 6.15% p.a.
Fixed  
6 months 5.60% p.a.
12 months 5.20% p.a.
18 months 5.30% p.a.
24 months 5.25% p.a.

 

> 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 personal loan rates
Risk grade Orange Yellow Green Blue
Interest rate %p.a. 8.90% 13.90% 17.90% 21.90%

 

Unsecured personal loan rates
Risk grade Orange Yellow Green Blue
Interest rate %p.a. 11.90% 15.90% 19.90% 23.90%

 

> These are indicative unsecured personal loan rates only and may be subject to change without notice

 

Overdraft type Interest rate
Authorised overdraft 19.90% p.a.
Unauthorised overdraft 21.00% 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 NZCU 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