Fees and Charges
- With the Basic Bank Account, you will to not have to pay a fee for maintaining the account or day-to-day transaction fees for the first 12 months
- After 12 months we will review your account and you may be charged fees and charges if the value of lodgements to your account exceeds a certain threshold. This threshold is equivalent to the national minimum hourly rate of pay (as declared from time to time in accordance with Section 11 of the National Minimum Wage Act 2000) multiplied by 2,080 (i.e. 40 hour week x 52 weeks of the year). If this is applicable to your account you will be notified 2 months in advance of this change
- Only one account can be held per customer.
Please refer to the product terms and conditions for more information.
For more information, please see our brochure: