Banks - who is best?
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Category: General Chat
Forum Name: General Chat
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URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=35957
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Topic: Banks - who is best?
Posted By: minik8e
Subject: Banks - who is best?
Date Posted: 28 September 2010 at 12:36pm
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So I'm after some opinions on which banks offer the best services.
I am currently with TSB, but they a) don't offer interest on savings accounts and b) don't offer a Debit card. I am after somewhere that I can have a few accounts (bills, savings, car, general etc.) as well as a debit card, and am also thinking about opening an account for Jade and Amber to put a small amount of money in per week. I don't want to have to pay much in fees - I mainly use electronic banking (eftpos and internet banking). Who do you recommend, and why? |
Replies:
Posted By: kebakat
Date Posted: 28 September 2010 at 12:56pm
| We have bnz total money which means we can have up to 10 accounts. All the accounts earn interest every month. It costs us $10 a month but I just love being able to have that many accs and I can open them online myself. |
Posted By: BeLoved
Date Posted: 28 September 2010 at 12:58pm
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We are with ASB and I find them fantastic! ------------- http://alterna-tickers.com"> 
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Posted By: Mucky_Tiger
Date Posted: 28 September 2010 at 1:06pm
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BNZ because they have total money.
plus you get flybuys if you have a credit card. DP has a credit card, uses it as his eftpos card, then puts the money in each fortnights pay. so hes still using his own money - but gets flybuys on it.  it got us a breadmaker
and you can have your 10 accounts max all linked up with total money, or you can open the girls one each (in there name) and have 8 yourself, and link them together for the 10 total money ones. (so im lead to beleive) |
Posted By: amme_eilyk
Date Posted: 28 September 2010 at 1:35pm
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I would rate national bank among the top. Also ASB is very good. BNZ is also fine. I'm not sure about kiwibank as I have never dealt with them.
Westpac is fine but they are not always the best at keeping information confidential i.e. I found out about an account my grandma had in trust for me that I shouldnt have through them, also the same thing happened with accounts my uncle had for me and my brother. my credit card also got sent to my mils house instead of to me. I have had nothing but problems with TSB so in my experience would not recommend. But we do have a debit card so i'm not sure why you wouldnt. But we get charged for absolutely everything. Currently I we are with the national bank, tsb and westpac. We are looking to get out of tsb as soon as our mortgage is up and either go to national or westpac depending on who has the best deal. |
Posted By: clover
Date Posted: 28 September 2010 at 1:42pm
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We're with National, on the whole pretty good. Our mortgage is with Kiwibank and I find them fantastic for that but I don't know if I'd do my day to day banking with them.
Do you mean a Visa Debit card? The one that you can use like a visa but that you've got your own funds on already? ------------- http://lilypie.com"> 
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Posted By: E&L+1
Date Posted: 28 September 2010 at 2:45pm
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We are with National and Westpac.
I like national better than westpac but accounts/kiwisaver for DD were better with westpac so we have an account with them. National have been fantastic I've been with them for over 10 years and never considered changing and DP moved his banking across when we combined finances too. ------------- http://lilypie.com">  http://lilypie.com">
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Posted By: astral_monkey
Date Posted: 28 September 2010 at 3:27pm
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In my lifetime I've been with ASB, BNZ, National, Kiwibank and RaboDirect.
DH and I were both with National when we got together, but switched to Kiwibank at the start of the year so we could get a Welcome Home Loan through them. We also have a savings account with RaboDirect. I absolutely love RaboDirect for savings! It's an online only account and you transfer money into and out of a nominated account (eg. my Kiwibank account). My savings are getting the best interest rate and even though I can get access to the $'s whenever I want they are out of sight and out of mind so I'm not as likely to dip in!!! Oh, and you can open as many accounts as you want and there's no minimum and no fees. ------------- http://lilypie.com" rel="nofollow">  |
Posted By: _SMS_
Date Posted: 28 September 2010 at 3:27pm
We have this too. We also have our mortgage with total money. I have a debit card from BNZ too :) And there Credit Cards give you flybuys  -------------  
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kebakat wrote:Posted By: kebakat
Date Posted: 28 September 2010 at 3:38pm
| You can also get credit cards with BNZ that do airpoints instead of flybuys which is what we do. We have like 800 airpoints sitting there |
Posted By: jazzy
Date Posted: 28 September 2010 at 3:53pm
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We have been with kiwibank for awhile & we are happy with them. We have an everyday account that we pay no fees on & a saving account.
We have a debit card & no credit cards. I am thinking of opening up a few more accounts & kids acounts. But we are going to do kiwisaver for the kids also. |
Posted By: .Mel
Date Posted: 28 September 2010 at 4:14pm
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We're with National and have been for the past 8 years.
I also have an account with WP - have been with them for 15 years.. They both have good and bad points... ------------- Mr Mellow (16) Miss Attitude (8) Destructa Kid (3) 
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Posted By: RedHeadDuck
Date Posted: 28 September 2010 at 5:14pm
| We're with national bank and BNZ. Mortgage with NB but we run pretty much all our savings through BNZ with the total money account. We have a debit plus card with BNZ it's great as we have to transfer the $$ through to it so it reduces impulse shopping. We've got about 8 accounts set up for different stuff, it's WONDERFUL! |
Posted By: kiwigal
Date Posted: 28 September 2010 at 5:49pm
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Same here |
Posted By: pikelets
Date Posted: 28 September 2010 at 6:26pm
Ditto! We don't pay any fees and I find their internet banking awesome. Streamline has no fees for electronic transactions. Their banking is realtime so no delays and I know it sounds silly, but some banks only let you put numbers as references and that is a pain when you look back at your statements, but asb let you put letters as references eg from Mum and Dad or whatever. ------------- http://lilypie.com"> 
 3 Angels - Dec10 / Mar11 / Dec11
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Posted By: flakesitchyfeet
Date Posted: 28 September 2010 at 7:12pm
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Another vote for BNZ total money. We have pocket money accounts, a general account, an account for each of the kids, a mortgage account, the mortgage itself, credit cards, a christmas account, and a holiday account...and we pay the one fee. Brill! -------------  http://lilypie.com"> |
Posted By: Babe
Date Posted: 28 September 2010 at 7:57pm
Totally recommend BNZ! Same reasons as above 
I can't UNrecommend ASB enough they have been nothing but dreadful in their dealings with us!! They charge us for anything they possibly can, refused to help us when DPs hours/income got cut and their call staff can be so rude!! I would never use them again nor could I recommend them to anyone! -------------   
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Posted By: minik8e
Date Posted: 28 September 2010 at 9:06pm
I've got no problems whatsoever with TSB, but their services that they offer are very restricted unless you have a significant amount in your accounts. I've been with them since I was about 7, on and off, and don't pay any fees at all. I didn't even know they offered the debit card.... clover - yep I mean like a VISA debit. I don't want a credit card (and most people probably wouldn't give me one anyway, even though I can get a mortgage - go figure) but sometimes there's stuff that I like to buy online, so need the VISA aspect of it. I think I'm going to have to look at BNZ... |
Posted By: whitewave
Date Posted: 28 September 2010 at 10:03pm
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Totally with astral monkey about RaboDirect, we have our savings with them too. Good interest rates, really easy to use and you can have multiple accounts with no fees. We have a savings account for Campbell, as well as for us and an emergency fund account. Awesome!
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Posted By: WestiesGirl
Date Posted: 29 September 2010 at 12:25am
We are with ASB and  them
I my ASB debt card too  ------------- Our Angel July 08 Gone but not forgotten
And to complete our family, our princess has arrived 
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Posted By: kiwigal
Date Posted: 29 September 2010 at 1:15am
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We have a streamline account as well. They seem to have a much better interest than any other bank esecially if you want to put some money into a term deposit. I totally forgot that Dh has a overdraft account with kiwibank but it is A real PITA if we want to deposit money into our account as we have to wait a couple of days for the money to go through. |
Posted By: kiwi2
Date Posted: 29 September 2010 at 9:03am
| We are with westpac and only have been with them. They were the only ones that would give us a mortgage 12 years ago which was a good bet as they now have had three mortgages from us so they have made a killing on interest. We also have the same lady we applied for our first mortgage to deal with. She is like a personal manager and we email or call her direct if there are any issues. This I love but I am not sure if this is something they are sposed to do or if it is just the relationship we have built up with her over the years. She is friends with our lawyer so when we buy a place she pops over before work to the lawyers and drops docs in etc. So convenient. |
Posted By: Renee & Lauren
Date Posted: 29 September 2010 at 9:16am
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we have our joint accounts with ASB and find them great but I have a account with Kiwibank and have found them quite good to deal with too. ------------- http://lilyslim.com">  http://lilypie.com">
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