Student First

At a glance

• No account fee. 
• Use of New Zealand bank-owned ATMs¹ for free. 
• Access to your money through EFTPOS, ATMs, online banking and the TSB app. 
• Minimum deposit of $350. 
• Only available for personal use.
• Must meet eligibility criteria. 

Eligibility criteria

To be eligible to hold a Student First account, you must meet the following requirements: 

• You must be a New Zealand citizen or permanent resident. 
• You must be enrolled in a course that lasts for at least one year at a university, polytechnic, industry training organisation or NZQA approved place of study in New Zealand. 
• Your student loan or student allowance payments must be paid into the Student First account. 

Once you've completed your studies, you can still enjoy the benefits of a Student First account for a further year. After that period (or if you become ineligible to hold a Student First account), you will need to choose a different TSB everyday account for your banking needs as you will no longer be eligible to hold a Student First account.  

Don't forget to read this bit

1. Use of ATMs not owned by a bank in New Zealand may incur a service fee (in addition to standard account transaction fees) for which TSB may receive a commission.  

TSB’s account opening criteria apply. Service fees may apply and are subject to change. More details can be found here. 

When you bank with TSB you agree to our General Terms.