Everyday accounts
Everyday accounts
Fee type |
Connect Plus |
Personal |
Fee type |
Account fee |
Connect Plus |
Free |
Personal |
Free |
Fee type |
ATM withdrawals¹ |
Connect Plus |
Free |
Personal |
Free |
Fee type |
ATM deposit¹ |
Connect Plus |
Free |
Personal |
Free |
Fee type |
EFTPOS withdrawals |
Connect Plus |
Free |
Personal |
Free |
Fee type |
Staff assisted withdrawal |
Connect Plus |
Free |
Personal |
Free |
Fee type |
Staff assisted deposits |
Connect Plus |
Free |
Personal |
Free |
Savings accounts
Savings accounts
Fee type |
WebSaver |
Horizon Savings |
Fee type |
Account fee |
WebSaver |
Free |
Horizon Savings |
Free |
Fee type |
ATM withdrawals¹ |
WebSaver |
N/A |
Horizon Savings |
$1 per withdrawal |
Fee type |
ATM deposit¹ |
WebSaver |
N/A |
Horizon Savings |
Free |
Fee type |
EFTPOS withdrawals |
WebSaver |
N/A |
Horizon Savings |
$1 per withdrawal |
Fee type |
Staff assisted withdrawals |
WebSaver |
$3 per withdrawal |
Horizon Savings |
$1 per withdrawal |
Fee type |
Online banking and TSB app transfers between own accounts |
WebSaver |
Free |
Horizon Savings |
Free |
Fee type |
Staff assisted deposits |
WebSaver |
Free |
Horizon Savings |
Free |
If a fee applies, that fee is deducted from the account at the end of each calendar month.
Investment accounts
Investment accounts
Fee type |
Premier |
Fee type |
Account fee |
Premier |
Free, or $10 each month that the balance falls below $5,000 |
Fee type |
ATM withdrawals¹ |
Premier |
Free |
Fee type |
ATM deposits¹ |
Premier |
Free |
Fee type |
EFTPOS withdrawals |
Premier |
Free |
Fee type |
Staff assisted withdrawals |
Premier |
Free |
Fee type |
Online banking and TSB app transfers between own accounts |
Premier |
Free |
Fee type |
Staff assisted deposits |
Premier |
Free |
If a fee applies, that fee is deducted at the end of each calendar month.
Youth and Student accounts
Youth and Student accounts
Fee type |
Youth |
Student First |
Fee type |
Account fee |
Youth |
Free |
Student First |
Free |
Fee type |
ATM withdrawals¹ |
Youth |
Free |
Student First |
Free |
Fee type |
ATM deposit¹ |
Youth |
Free |
Student First |
Free |
Fee type |
EFTPOS withdrawals |
Youth |
Free |
Student First |
Free |
Fee type |
Staff assisted withdrawals |
Youth |
Free |
Student First |
Free |
Fee type |
Staff assisted deposits |
Youth |
Free |
Student First |
Free |
Club and Society account
Club and Society account
Fee type |
Club and Society |
Fee type |
Account fee |
Club and Society |
Free |
Fee type |
ATM withdrawals¹ |
Club and Society |
Free |
Fee type |
ATM deposit¹ |
Club and Society |
Free |
Fee type |
EFTPOS withdrawals |
Club and Society |
Free |
Fee type |
Staff assisted withdrawals |
Club and Society |
Free |
Fee type |
Staff assisted deposits |
Club and Society |
Free |
Business accounts
Business accounts
Fee type |
Business Cheque |
Business Everyday |
Business On Call |
Fee type |
Monthly fee |
Business Cheque |
$3 per month |
Business Everyday |
$10 per month |
Business On Call |
Free |
Fee type |
ATM withdrawals¹ |
Business Cheque |
$0.25 per transaction |
Business Everyday |
Free |
Business On Call |
N/A |
Fee type |
ATM deposit¹ |
Business Cheque |
$0.25 per transaction |
Business Everyday |
Free |
Business On Call |
N/A |
Fee type |
EFTPOS and Debit Mastercard withdrawal |
Business Cheque |
$0.25 per transaction |
Business Everyday |
Free |
Business On Call |
N/A |
Fee type |
Staff assisted withdrawals |
Business Cheque |
$0.25 per transaction |
Business Everyday |
Free |
Business On Call |
Free |
Fee type |
Staff assisted deposits |
Business Cheque |
$0.25 per transaction |
Business Everyday |
Free |
Business On Call |
Free |
Fee type |
Online banking and TSB app transfers between own accounts |
Business Cheque |
$0.25 per transaction |
Business Everyday |
Free |
Business On Call |
Free |
If a fee applies, that fee is deducted at the end of each calendar month.
EFTPOS
EFTPOS
Fee type |
Fee amount |
Fee type |
Replacement of lost or damaged cards |
Fee amount |
$10 per card |
Fee type |
Domestic courier fee |
Fee amount |
$4 per card |
Fee type |
International courier fee |
Fee amount |
Contact us for a quote |
EFTPOS Daily limits
EFTPOS Daily limits
|
Limit amount |
|
Cash withdrawals within New Zealand |
Limit amount |
$1,000 |
|
Purchases |
Limit amount |
$3,000 |
Daily limits are based on 24-hour periods New Zealand time.
Service fees
Online & TSB app
Online & TSB app
Fee type |
Fee amount |
Fee type |
Online access and app download |
Fee amount |
Free |
Fee type |
Regular payment or regular transfer set-up |
Fee amount |
Free |
Fee type |
Non payment (insufficient funds) fee |
Fee amount |
$2.50 per failed payment (not applicable to failed payments between your own TSB accounts) |
Fee type |
TSB online security token |
Fee amount |
$25 per token |
Phone Banking
Phone Banking
Fee type |
Fee amount |
Fee type |
Telephone access fee |
Fee amount |
$10 per user, per six month period (First payment in advance, and six monthly thereafter) |
Fee type |
Transfers between your own TSB accounts |
Fee amount |
Free |
Fee type |
Payment establishment fee |
Fee amount |
$3 per authority |
Fee type |
Bill payment and standard payee payment |
Fee amount |
Free |
Txt Banking
Txt Banking
Fee type |
Fee amount |
Fee type |
TXT Banking set-up fee |
Fee amount |
Free |
Fee type |
TXT Banking transaction fee |
Fee amount |
40 cents per two way message transaction |
Alerts
Alerts
Fee type |
Fee amount |
Fee type |
TXT Alert |
Fee amount |
Free |
Fee type |
Email Alert |
Fee amount |
Free |
Direct Debits
Direct Debits
Fee type |
Fee amount |
Fee type |
Establishment fee |
Fee amount |
$3 per authority (does not apply to Premier accounts) |
Fee type |
Reactivating fee |
Fee amount |
$3 per authority |
Fee type |
Non payment (insufficient funds) fee |
Fee amount |
$2.50 per failed payment |
Fee type |
Alteration fee |
Fee amount |
$3 per authority for any alteration |
Automatic Payments
Automatic Payments
Fee type |
Fee amount |
Fee type |
Establishment fee* |
Fee amount |
$3 per authority, for payments to all non TSB accounts (does not apply to Premier accounts) |
Fee type |
Reactivating fee* |
Fee amount |
$3 per authority |
Fee type |
Hold payment fee* |
Fee amount |
$3 per authority |
Fee type |
Alteration fee* |
Fee amount |
$3 per authority for any alteration |
Fee type |
Payment service charge* |
Fee amount |
25 cents for payments to another bank (does not apply to Premier accounts) |
Fee type |
Non payment (insufficient funds) fee |
Fee amount |
$2.50 (does not apply to payments between your TSB accounts) |
Unauthorised Overdraft
Unauthorised Overdraft
Fee type |
Fee amount |
Fee type |
Fee |
Fee amount |
$10 per month |
In the event your account becomes overdrawn by more than $20 without TSB’s prior authorisation, the above Unauthorised Overdraft Fee will be charged on the last day of that month. The fee won’t be charged if the unauthorised overdraft is corrected by 10.45pm the day following the account becoming overdrawn.
Interest is charged on the daily overdrawn balance at the Bank’s Unauthorised Overdraft interest rate, which is calculated daily and charged to the account at the end of that calendar month.
Foreign Exchange Services
See here for all of our foreign exchange service fees.
Business Bank
Business Bank
Fee type |
Fee amount |
Fee type |
Business Bank monthly access |
Fee amount |
Free |
Fee type |
TSB Online Security Token |
Fee amount |
$25 per token |
Fee type |
Direct Credit payments or one-off payments to TSB accounts |
Fee amount |
Free |
Fee type |
Direct Credit payments or one-off payments to other banks accounts |
Fee amount |
Free |
Fee type |
Standard payee and tax payments |
Fee amount |
Free |
Fee type |
Direct Debit payments |
Fee amount |
$0.35 per transaction |
Xero
Xero
Fee type |
Fee amount |
Fee type |
Xero signup fee |
Fee amount |
Free |
Fee type |
Xero backdated transactions |
Fee amount |
$10 per account selected |
Same-Day cleared payments
Same-Day cleared payments
Fee type |
Fee amount |
Fee type |
Same-day cleared payment fees - no notification required |
Fee amount |
$20 per payment |
Fee type |
Same-day cleared payment fees - where notification is required to payee |
Fee amount |
$25 per payment |
Cash handling fee (Business customers only)
Cash handling fee (Business customers only)
Fee type |
Fee amount |
Fee type |
Cash handling and change requests |
Fee amount |
Free for up to $3,000 per day, then $3 per additional $1,000 |
Auditors Confirmation Report
Auditors Confirmation Report
Fee type |
Fee amount |
Fee type |
Report fee |
Fee amount |
$60 per hour (minimum fee $15) |
Non-profit organisations are exempt from this fee.
Direct Credit recovery
Direct Credit recovery
Fee type |
Fee amount |
Fee type |
Recovery service fee |
Fee amount |
$35 per transaction (no fee charged to the customer if the payment was a bank error) |
Statements & slip searches
Statements & slip searches
Fee type |
Fee amount |
Fee type |
First statement per quarter |
Fee amount |
Free |
Fee type |
Second and subsequent statement per quarter |
Fee amount |
$2 per statement (Charged at the end of your statement period. Loan and overdraft accounts are exempt.) |
Fee type |
Statement reprints |
Fee amount |
$4 per copy. This includes both statement history/reprints and copies from archives. |
Fee type |
Screen printouts |
Fee amount |
$1 |
Fee type |
Slip searches |
Fee amount |
$60 per hour (minimum fee $15) |
Fee type |
Payment trace fee |
Fee amount |
$2 per trace |
Staff assisted transfer to other banks
Staff assisted transfer to other banks
Fee type |
Fee amount |
Fee type |
Transfer fee |
Fee amount |
$4 per transaction |
Don't forget to read this bit
1. Use of ATMs not owned by any bank in New Zealand may incur a service fee (in addition to standard account transaction fees) for which TSB receives a commission.