Freedom Years is a special package for customers who have National Superannuation (or an equivalent private scheme) credited directly to any of our National Bank Freedom, Classic or Select accounts.
The package allows you to do your banking in all the usual ways at a very low cost. It's just one of a number of benefits to help you enjoy some of the best years of your life.
The Freedom Years package includes:
- National Bank Term Deposits, with the ability to have interest paid into a nominated account monthly
- Entitlement to an over 50's discount on Principal Protect premiums for house and contents cover
- You can apply for the flexibility of an overdraft facility with your current account
- A Thoroughbred Card or Cashpoint Card – gives you easy ways to access your account using money machines, EFTPOS, Touchtone Phone Banking and Online Banking
- No annual fee for a Visa Debit attached to a Freedom account.
Our calculators can help you work out a personal budget and how long your retirement funds will last. Planning for your retirement has some useful advice on both financial and lifestyle issues.
Rates
|
No credit interest paid at present. |
Fees
|
| →Monthly account fee |
waived |
| →Transaction fees |
waived |
| →Monthly overdraft management fee (Calculated as a percentage of the agreed overdraft limit or the overdrawn balance - whichever is the greatest) |
0.12% (min $5.00) |
Notes
Automated transactions include EFTPOS, Mobile Phone Banking, money machine transactions, automatic payments, bill payments, direct debits, direct credits, and also include transactions made through touchtone phone banking and Online Banking.
The automated withdrawal fee still applies for Automatic Payments.
Manual transactions include cheques and transactions handled by our staff at branch or by phone. (Please note that balances and basic account enquiries at a branch are free.)
Service and access fees (non-standard fees) may apply in addition to any fees stated above.
Is it for you?
Freedom Years is a package for customers who have National Superannuation (or an equivalent private scheme)
credited directly to their National Bank everyday account.
A choice of low cost everyday accounts
With no monthly account fee and no automated or manual transaction fees on your everyday account, the Freedom Years package means less expenses to budget for - no matter how often you use it.
(You can save on your other accounts by taking advantage of
our
money saving tips.)
Overdraft flexibility
For flexibility to manage your day to day cashflow or to cover unexpected expenses or special purchases you
can apply for an overdraft.
24 hour, 365 day access to your account
With all the options for 24 hour, 365 day banking you can access your account any way you like.
You can have a cheque book, or have transactions handled by our staff at your nearest branch.
You can use money machines and
EFTPOS. For regular payments you can use direct
debits or automatic payments.
You can pay bills, transfer funds and get account balances simply by picking up any touchtone phone in New
Zealand or overseas. Find out more at the touchtone phone banking
page or register by calling 0800 28 28 28.
You can also register for Online Banking. You can create
or delete bill payees and pay bills to them, transfer funds, create amend and delete automatic payments, see a
summary of transactions over the last 100 days and get account balances onscreen when it suits you.
A credit card with no annual account fee
With Freedom Years you can apply for a Thoroughbred Card
or Visa Classic with no annual account fee to pay. Or, you can apply
for a Gold Thoroughbred Card and pay only half the
annual account fee. Thoroughbred Card can be either a Visa or Mastercard - it's your choice.
Term Deposits
If you have $5,000 or more to invest, a Term Deposit offers peace
of mind and the certainty of a fixed return with terms ranging from 30 days to five years. Interest can be paid directly
into your nominated account each month for Term Deposits 180 days or longer.
Rates are reviewed regularly to ensure they are
among the most competitive available.
Principal Protect Insurance
With Freedom Years, you are entitled to a discount off premiums for your house and contents insurance with
Principal Protect. This discount is in addition to any other
discount you may receive.
Ask a staff member at any branch of The National Bank. Or phone 0800 18 18 18 – you may be able to open the package without actually having to come in to see us.
Our normal lending criteria apply. Read our current .