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Thread: Cheapest / best bank?

  1. #1
    Join Date
    Oct 2004
    Location
    Wellington
    Posts
    384

    Default Cheapest / best bank?

    Can anyone advise on which is the Cheapest / best bank? I have no idea which to go for. Kiwibank looks pretty cheap? Any recomendations?

  2. #2
    Join Date
    Sep 2004
    Location
    Wellington, NZ - Yay!
    Posts
    1,091

    Default

    Hiya Adam,

    I don't know about being cheap but ASB are really helpful - we've got a personal banker who knows us both by first name which is great when we call her to arrange anything.

    They may not give the best rates but the service is excellent! They were recommended to us by a Kiwi couple who have moved around nearly all the banks in Welly over the last 20 years.

    They only needed to take a copy of our passports to arrange the account & they gave us cashpoint cards & pin numbers on the spot.

    Sarah

  3. #3
    Join Date
    Aug 2004
    Location
    Rotorua, NZ
    Posts
    440

    Default

    Hi Adam

    I second Sarah, we are with ASB bank and they are very helpfull and friendly

    Jules

  4. #4
    Join Date
    Aug 2004
    Location
    Mount Maunganui
    Posts
    227

    Default

    If you can keep a certain amount (usually $1000) in your account minimum, most banks have accounts that do not charge you any fees

  5. #5
    Join Date
    Aug 2004
    Location
    Auckland; Milwaukee, Surabaya
    Posts
    859

    Default

    $1000 minimum for most banks? hmmm

  6. #6
    Join Date
    Aug 2004
    Location
    Inland Canterbury, NZ
    Posts
    8,390

    Default

    With National Bank it's $5000 last time we checked.

  7. #7
    Join Date
    Aug 2004
    Location
    Mount Maunganui
    Posts
    227

    Default

    Still they do have those accounts...the ANZ is $1000

  8. #8
    Join Date
    Aug 2004
    Location
    Inland Canterbury, NZ
    Posts
    8,390

    Default

    Definitely investigating that Radders.. thanks..

    At first $5000 seemed an okay balance to keep.. further down the line $1000 is more achieveable!

  9. #9
    Join Date
    Sep 2004
    Location
    Auckland since Jan 05
    Posts
    513

    Default

    only me!
    I agree with Moorf we have obviously got the same account with nb as her and will have to investigate the others further!!

    linda x

  10. #10
    Join Date
    Oct 2004
    Location
    london - auckland 5/05
    Posts
    618

    Default

    we hear asb.

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