National Bank: National Bank Freedom

By: The National Bank  06-Dec-2011
Keywords: Mobile Phone, Financial Adviser, Online Banking

An everyday account with unlimited automated and manual transactions. Plus your monthly account fee (normally $5.00) will be waived if you deposit at least $2,500 into the account each month*.

  • You have 24 hour, 365 day access to your money.
  • You can have the flexibility of an overdraft facility.

*Deposits exclude transfers made between any of your National Bank accounts.

This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. If you wish to consult one of The National Bank's financial advisers, please contact us on 0800 18 18 18.

Rates

No credit interest paid.

Fees

→Monthly account fee

Waived if you deposit at least $2,500 into the account each month*

$5.00
→Automated transaction fee Nil
→Manual transaction fee Nil
→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)
→No annual fee for a Visa Debit Card attached to a Freedom Account

*Deposits exclude transfers made between any of your National Bank accounts.

Notes

Automated transactions include EFTPOS, Mobile Phone Banking, ATM withdrawals or transfers, automatic payments, bill payments, direct debits, direct credits, and also include transactions made through Touchtone Phone Banking and Online Banking.

Manual transactions include cheques, ATM deposits and transactions handled by our staff in branch or over the phone. (Please note that balances and basic account enquiries in branch are free).

Ideal if you make lots of transactions

A National Bank Freedom Account gives you all the options for accessing your money.

Cashpoint ATMs

EFTPOS

You can pay for clothes, petrol, groceries or eating out using EFTPOS with a Cashpoint Card. Over 50,000 outlets throughout New Zealand accept EFTPOS. It’s also a convenient way to obtain cash.

Touchtone Phone Banking

Online Banking

Automatic payments or direct debits

If there’s something you need to pay on a regular basis, such as your rent or Visa bill, you can set up an automatic payment or direct debit. The payment will then be made automatically from your account.

Manual banking options

An overdraft for cashflow convenience

For the flexibility to cover unexpected expenses, special purchases or cash shortages between pay-days you can apply for an overdraft.

The information in this article was current at 02 Dec 2011

Keywords: Financial Adviser, Mobile Phone, Online Banking, Overdraft

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No member of the ANZ National Bank Limited Group, The New Zealand Guardian Trust Company Limited or any other person guarantees ANZ Investment Services Limited or the capital value or performance of any products issued by those companies. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008.