Updated 16th May 2019
| Everyday Accounts | |
| S1, S2, S3 & S4 (Transactional Accounts) | 0.00% p.a.* |
> Unlimited transactions permitted.
> Interest calculated on the daily balance and paid monthly.
> Account eligible for annual bonus interest.
| Goal Saver | |
| $ 0 - $ 999 | 1.00% p.a.* |
|
$1,000 - $4,999 |
2.00% p.a.* |
| $5,000 + | 2.75% p.a.* |
> Interest calculated daily and paid monthly.
> Account eligible for annual bonus interest
| Loan Provider | |
| Funds held for loan security (whole balance) | 2.00% p.a.* |
> Interest calculated daily and paid monthly
| Christmas Saver | |
| $ 0 - $5,000 | 4.00% p.a.* |
| $5,000 + | 2.75% p.a.* |
> Save by regular deposits to account.
> No Withdrawals Permitted.
> Interest calculated daily, paid annually on 31 October.
> Funds are available for withdrawal between 1 November to 31 December.
> Interest Rate includes loyalty benefit. Not eligible for bonus dividend.
| Jimmy J Junior saver (ages 0-11 yrs) | |
| Interest Rate | 3.25% p.a.* |
> No minimum balance.
> Interest calculated daily and paid monthly.
> Birthday card and deposit of $5.00 to account with regular deposits
> Membership Certificate for New accounts.
> Not eligible for bonus dividend
* Interest rates are indicative only and subject to change without notice.
Maximum deposit $150,000 per member
| Account fees | |
| Goal Saver | Unlimited transactions using Internet Banking |
| Jimmy J Junior Saver | Unlimited transactions using Internet Banking |
| Dishonoured Automatic Payments (AP) & Direct Debits (DD) | |
| $0.00 | Inwards (dishonoured by bank) |
| $7.50 | Outwards (dishonoured by NZCU) |
| $0.00 |
Rejected external APs (first is free) |
| Cheque Services | |
| $10.00 | Stopped Cheque |
| Dormant Accounts | |
| $3.00 | Dormant account monthly fee |
| ACCESSCARD® & AccessDebit card fees | |
| EFTPOS |
$0.30 per transaction thereafter |
| ATM |
$1.15 per withdrawal thereafter |
| Glenbrook Site ATM | $1.15 per withdrawal thereafter $0.90 per balance enquiry or decline |
| PaypassTM Tap & Go for purchases $80 and under (AccessDebit only) | maximum of 5 transactions per day to a maximum of $150 |
| ATM - Maximum Cash withdrawal amount per day (including overseas) | $ 1,500 |
| EFTPOS - Maximum purchase amount (including overseas) | $10,000 |
| Overseas transactions | |
| Overseas ATM withdrawal - AccessCard Overseas ATM withdrawal - AccessDebit Card |
NZ$7.00 |
| Overseas Eftpos transaction, Enquiry and Declines | NZ$0.80 |
| AccessCard multi currency conversion fee (applied at the prevailing buy rate by Mastercard®) |
1.10% |
| AccessDebit foreign currency fee (on the NZ$ value of the transaction) | 2.25% |
| Overseas Transactions - only available where the Maestro label is displayed | |
| Service fees | |
| ACCESSCARD New & Replacement cards |
$6.00 |
| AccessDebit New and Replacement card |
$6.00 |
| ACCESSCARD & AccessDebit administration fee |
$1 per card, charged monthly |
| AccessDebit Voucher Search Charges | $57.50 per disputed transaction |
Personal loan rates
| Security Type | Interest Rate |
| Pledged Loans | 8.00% p.a. |
| Secured loans greater than $20,000 | 9.95% p.a. |
| Secured loans less than $20,000 | 11.50% p.a. |
| Partially Secured | 11.50% p.a. |
| Unsecured | 14.00% p.a. |
Personal loan fees
| Personal Loan Approval | $50 |
| Personal Loan redraw (available if loan is in advance) | Free |
| Third Party Charges (vehicle check and registering security over vehicle) | $31.75 (cost for one vehicle only) |
| Home Loan | |
| Floating | 5.50% p.a. |
> Other rates may apply depending on your personal circumstances and level of equity.
> Interest rates are indicative only and may be subject to change without notice.
Home loan fees
| $250 | Home loan - approval |
Other charges
Where the Credit Union incurs a charge from another organisation when acting on a customer’s behalf including credit checks, legal costs and disbursements or costs associated with the registration of securities, the Credit Union will pass these costs on to the customer. Due to the nature of these charges the exact cost will not be known until the time of application. If you would like further information about these possible charges please contact us on 0508 692 848.
| Overdraft type | Interest rate |
| Secured | 11.50% p.a |
| Unsecured | 14.00% p.a. |
> These are indicative rates only and may be subject to change without notice.
Overdraft fees
| $50 | Approval |
| Term | Interest rate |
| 3 months | 2.75% p.a. |
| 6 months | 3.10% p.a. |
| 12 months | 3.20% p.a. |
> Interest is calculated on a daily basis and paid at maturity. Interest can be paid to a nominated account monthly. For deposits of 6 months and over, interest can be
compounded quarterly.
> Investors are advised of their options prior to maturity.
> Maximum deposit $150,000 per member.
> Minimum deposit is $1,000
> These are indicative rates only and may be subject to change without notice.
> Where a term deposit is withdrawn prior to the maturity date, the applicable interest rate will be that equivalent to the term that has run since investment, less 1%.
e.g. Original investment 12 months - deposit withdrawn after 7 months, 6 months rate applies less 1%. The interest rate will not reduce below 0%.
Early withdrawals will only be considered for genuine hardship.
| Foreign Cash | Free |
| MCCP - Mastercard Multi Currency Cash Passport | Free |
| Telegraphic Transfers | $15 |
| Foreign Currency Bank Draft | $10 |
| Deposit of Foreign Cheque | Free |
NZCU Steelsands does not buy foreign cash back.
