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Business rates, fees and agreements

Business rates

The following information is current from  and is subject to change.

 

Overdraft and Flexible Facilities

  • Business Overdraft Base Rate:  (a margin will also apply)

Rates are subject to change. If you go over your credit limit we can charge you an excess interest rate. Unless stated otherwise in your facility agreement, the excess rate will be the Business Overdraft base rate plus 15% p.a.

Lending criteria, terms, conditions and fees apply.

  • Business Bank Indicator Rate (BBIR) and Commercial Overdraft base rate:  (a margin will also apply)

Rates are subject to change. If you go over your credit limit we can charge you an excess interest rate.  Unless stated otherwise in your facility agreement, the excess rate will be the BBIR and Commercial Overdraft base rate plus 15% p.a. 

Lending criteria, terms, conditions and fees apply.

  • Business Flexible Facility base rate:  (plus margin)

Rates are subject to change. A lending margin above the Business flexible facility base rate applies. If you go over your credit limit we can charge you an excess interest rate. The excess rate is our Business flexible facility base rate plus 15% p.a. 

Lending criteria, terms, conditions and fees apply.

  • Commercial Flexible Facility floating base rate:  (a margin will also apply)

Rates are subject to change. If you go over your credit limit we can charge you an excess interest rate. Unless stated otherwise in your facility agreement, the excess rate will be the Commercial Flexible Facility base rate plus 15% p.a.

Lending criteria, terms, conditions and fees apply.

 

Term Loans

  • Business Term Loan floating base rate:  (a margin will also apply)

Rates are subject to change. 

Lending criteria, terms, conditions and fees apply.

  • Business Plus Loan floating base rate:  (a margin will also apply)

Rates are subject to change. 

Lending criteria, terms, conditions and fees apply.

  • Business Specialised Loan floating base rate:  (a margin will also apply)

Rates are subject to change. 

Lending criteria, terms, conditions and fees apply.

  • Business Term Loan floating or fixed interest rates. Please contact us on 0800 269 249  
  • Commercial Loan floating or fixed interest rates: Please contact us on 0800 269 249  

Lending criteria, terms, conditions and fees apply.

  • CIR base rate effective from    (a margin will also apply)

Rates are subject to change.

Lending criteria, terms, conditions and fees apply.

 

Deposits

  • Business Premium Call Account interest rate:   

Rates are subject to change. A copy of our Reserve Bank Disclosure Statement is available on this website or on request from any ANZ branch, free of charge.

 

  • Non-Profit Organisation Current Account interest rate:    

Accrued on a daily basis and paid six monthly on the last business day of February and August.

Rates are subject to change. A copy of our Reserve Bank Disclosure Statement is available on this website or on request from any ANZ branch, free of charge.

 

Scheme Maximum Interchange Reimbursement Fees

Interchange reimbursement fees are fees paid by an acquirer (the financial institution that processes the card transaction on behalf of the merchant) to an issuer (the financial institution that issued the card to the cardholder). The Interchange Reimbursement Fees are the current maximum rates set by each Scheme (Visa, Mastercard and/or UnionPay) for purchases made by holders of a New Zealand issued card.

The following fees are current as at 17 August 2020 and are subject to change by the Schemes without notice. All fees outlined in the tables below are a percentage of the transaction amount unless a dollar amount is specified.

New Zealand National Net Credit Interchange Fees

Fee Program Visa Classic Visa Gold Visa Platinum Visa Signature Visa Commercial
Industry Program – Charities 0.39% 0.39% 0.39% 0.39%
Strategic Merchants – Card Present (CP) and Card Not Present (CNP) – Rate 1 0.50% 0.50% 0.50% 0.50%
Strategic Merchants – CP and CNP – Rate 2 0.55% 0.55% 0.55% 0.55%
Strategic Merchants – CP and CNP – Rate 3 0.60% 0.60% 0.60% 0.60%
Strategic Merchants – CP and CNP – Rate 4 0.70% 0.70% 0.70% 0.70%
Strategic Merchants – CP and CNP – Rate 5 0.80% 0.80% 0.80% 0.80%
Strategic Merchants – CP and CNP – Rate 6 0.98% 0.98% 0.98% 0.98%
Industry Program – Government, Utilities & Telecommunications NZ$0.70 NZ$0.70 NZ$0.70 NZ$0.70
Industry Program – Insurance NZ$1.00 NZ$1.00 NZ$1.00 NZ$1.00
Industry Program – Recurring Payments 0.70% 0.70% 0.70% 0.70%
Contactless Program 0.65% 1.25% 1.37% 2.00%
Electronic 0.85% 1.85% 1.97% 2.00%
Standard 1.25% 1.85% 1.97% 2.00%

New Zealand National Net Debit Interchange Fees*

Fee Program Visa Consumer Visa Commerical
Industry Program – Charities 0.39% 0.39%
Strategic Merchants – Card Present – Rate 1 NZ$0.02 NZ$0.02
Strategic Merchants – Card Present – Rate 2 NZ$0.03 NZ$0.03
Strategic Merchants – Card Present – Rate 3 NZ$0.04 NZ$0.04
Strategic Merchants – Card Present – Rate 4 NZ$0.05 NZ$0.04
Strategic Merchants – Card Not Present – Rate 1 0.50% 0.50%
Strategic Merchants – Card Not Present – Rate 2 0.55% 0.55%
Strategic Merchants – Card Not Present – Rate 3 0.60% 0.60%
Strategic Merchants – Card Not Present – Rate 4 0.70% 0.70%
Strategic Merchants – Card Not Present – Rate 5 0.80% 0.80%
Strategic Merchants – Card Not Present – Rate 6 0.98% 0.98%
Industry Program – Government, Utilities & Telecommunications NZ$0.70 NZ$0.70
Industry Program – Insurance NZ$1.00 NZ$1.00
Industry Program – Recurring Payments 0.70% 0.70%
Electronic – Card Present 0.20% 0.20%
Standard – Card Not Present 1.10% 2.00%

 

* Excludes EFTPOS transactions (defined as face-to-face card present transactions utilising account selection and PIN) switched domestically to issuer.

New Zealand National Net Prepaid Interchange Fees

Fee Program Visa Consumer Visa Commerical
Industry Program – Charities 0.39% 0.39%
Strategic Merchants – Card Present 0.39% 0.39%
Strategic Merchants – Card Not Present – Rate 1 0.50% 0.50%
Strategic Merchants – Card Not Present – Rate 2 0.55% 0.55%
Strategic Merchants – Card Not Present – Rate 3 0.60% 0.60%
Strategic Merchants – Card Not Present – Rate 4 0.70% 0.70%
Strategic Merchants – Card Not Present – Rate 5 0.80% 0.80%
Strategic Merchants – Card Not Present – Rate 6 0.98% 0.98%
Industry Program – Government, Utilities & Telecommunications NZ$0.70 NZ$0.70
Industry Program – Insurance NZ$1.00 NZ$1.00
Industry Program – Recurring Payments 0.70% 0.70%
Electronic – Card Present 0.60% 2.00%
Standard – Card Not Present 1.25% 2.00%

New Zealand Intracountry Credit Interchange Rates

Interchange rates
Interchange Category Name Rate
Charities 0.00%
Strategic Merchants 1 0.50%
Strategic Merchants 2 0.60%
Strategic Merchants 3 0.70%
Strategic Merchants 4 1.10%
Strategic Merchants 5 1.50%
Tokenised Contactless 0.50%
Contactless (excluding Commercial Cards) 0.50%
Government Services & Utilities 0.70%
Petroleum 0.60%
Recurring Payments - Tokenised 0.80%
Recurring Payments - Other 1.10%
Commercial Premium 2.20%
Commercial 2.10%
Tokenised Online 1.40%
Consumer Elite - Card Present 2.00%
Consumer Elite - Card Not Present 2.25%
Consumer Super Premium 1 - Card Present 2.00%
Consumer Super Premium 1 - Card Not Present 2.25%
Consumer Super Premium 2 - Card Present 1.85%
Consumer Super Premium 2 - Card Not Present 2.15%
Consumer Premium - Card Present 1.85%
Consumer Premium - Card Not Present 2.10%
Consumer Standard - Card Present 0.85%
Consumer Standard - Card Not Present 1.65%

 

New Zealand Intracountry Debit Interchange Rates

debit interchange rates
Interchange Category Name Rate
Charities 0.00%
Contactless Micropayment (<=$15) 0.20%
Contactless Strategic Merchants 1 NZ$ 0.06
Contactless Strategic Merchants 2 NZ$ 0.10
Strategic Merchants 1 0.30%
Strategic Merchants 2 0.35%
Strategic Merchants 3 0.40%
Strategic Merchants 4 0.90%
Strategic Merchants 5 1.10%
Tokenised Contactless 0.20%
Commercial  1.50%
Contactless 0.20%
Consumer - Card Present 0.15%
Government & Utilities 0.50%
Petroleum 0.50%
Recurring Payments - Tokenised 0.60%
Recurring Payments - Other 0.90%
Tokenised Online 1.00%
Consumer Premium - Card Present 1.20%
Consumer Premium - Card Not Present 1.50%
Consumer - Card Not Present 1.25%

 

New Zealand Intracountry Prepaid Interchange Rates

Prepaid interchange rates
Interchange Category Name Rate
Charities 0.00%
Contactless Micropayment (<=$15) 0.20%
Strategic Merchants 1 0.40%
Strategic Merchants 2 0.40%
Strategic Merchants 3 0.40%
Strategic Merchants 4 0.90%
Strategic Merchants 5 1.10%
Tokenised Contactless 0.20%
Commercial 1.50%
Contactless 0.20%
Government Services & Utilities 0.50%
Petroleum 0.50%
Recurring Payments - Tokenised 0.70%
Recurring Payments - Others 0.70%
Tokenised Online 1.00%
Consumer Premium - Card Present 1.20%
Consumer Premium - Card Not Present 1.50%
Consumer - Card Present 0.50%
Consumer - Card Not Present 1.25%
UnionPay interchange rates
Interchange Payment Type Interchange Fee
POS Transactions 1.10%
MOTO 1.50%
Recurring 1.10%
Internet Transactions  
– Airline, Education & Insurance 1.15%
– All other Interchange category codes 1.20%

ANZ Domestic Card Issuing Interchange Reimbursement Fees

ANZ, as an issuer of Visa branded payment cards, has set the following interchange reimbursement fees that will apply to purchases made by holders of an ANZ New Zealand issued Visa card.

The following fees are current as at 17 August 2020 and are subject to change by ANZ without notice. All fees outlined in the tables below are a percentage of the transaction amount unless a dollar amount is specified.

Visa Credit Card Transactions

Fee Program Visa Classic Visa Gold Visa Platinum Visa Commercial
Industry Program – Charities 0.00% 0.00% 0.00%
Strategic Merchants – Card Present (CP) and Card Not Present (CNP) – Rate 1 0.50% 0.50% 0.50%
Strategic Merchants – Card Present (CP) and Card Not Present (CNP) – Rate 2 0.55% 0.55% 0.55%
Strategic Merchants – Card Present (CP) and Card Not Present (CNP) – Rate 3 0.60% 0.60% 0.60%
Strategic Merchants – Card Present (CP) and Card Not Present (CNP) – Rate 4 0.70% 0.70% 0.70%
Strategic Merchants – Card Present (CP) and Card Not Present (CNP) – Rate 5 0.80% 0.80% 0.80%
Strategic Merchants – Card Present (CP) and Card Not Present (CNP) – Rate 6 0.98% 0.98% 0.98%
Industry Program – Government, Utilities & Telecommunications NZ$0.70 NZ$0.70 NZ$0.70
Industry Program – Insurance NZ$1.00 NZ$1.00 NZ$1.00
Industry Program – Recurring Payments 0.70% 0.70% 0.70%
Contactless Program 0.65% 1.25% 2.00%
Electronic 0.85% 1.85% 2.00%
Standard 1.25% 1.85% 2.00%

Visa Debit Card Transactions*

Fee Program Visa Consumer
Industry Program – Charities 0.00%
Strategic Merchants – Card Present – Rate 1 NZ$0.02
Strategic Merchants – Card Present – Rate 2 NZ$0.03
Strategic Merchants – Card Present – Rate 3 NZ$0.04
Strategic Merchants – Card Present – Rate 4 NZ$0.05
Strategic Merchants – Card Not Present – Rate 1 0.50%
Strategic Merchants – Card Not Present – Rate 2 0.55%
Strategic Merchants – Card Not Present – Rate 3 0.60%
Strategic Merchants – Card Not Present – Rate 4 0.70%
Strategic Merchants – Card Not Present – Rate 5 0.80%
Strategic Merchants – Card Not Present – Rate 6 0.98%
Industry Program – Government, Utilities & Telecommunications NZ$0.70
Industry Program – Insurance NZ$1.00
Industry Program – Recurring Payments 0.70%
Electronic - Card Present 0.20%
Standard - Card Not Present 1.10%

*Excludes EFTPOS transactions (defined as face-to-face card present transactions utilising account selection and PIN) switched domestically to issuer.

ANZ Business credit cards

Lending criteria, terms, conditions and fees apply

Fees and charges

The main fees and service charges are detailed below. For details on all fees and charges, please refer to ANZ’s Fees and Charges brochure (PDF 156kB)

ANZ Business transaction accounts

Unless otherwise advised to you, the following fees apply to the ANZ Business Current Account, ANZ Cheque Account, ANZ Commercial Cheque Account and ANZ Business Premium Current Account.

  • Monthly account fee: $8.50 
  • Transaction fee: 200 free transactions a month. $0.20 for each additional automated or manual transaction.
  • Service fees:
    • Cheque clearance fee - $0.25 per cheque deposited
    • Cash handling fee*
      • Deposits less than $3,000 per business processing day – waived.
      • Deposits of $3,000 and over per business processing day – 0.25% of total cash deposited.

*To be charged per customer, on the total cash amount deposited or withdrawn in any one business day.


ANZ Business Premium Call Account **

  • Monthly account fee: Nil 
  • Transaction fee: No charge for automated or manual transactions.
  • Service fees:
    • Cheque clearance fee - $0.25 per cheque deposited (one free cheque deposit per business day)
    • Cash handling fee* –
      • Deposits less than $3,000 per business processing day – Waived.
      • Deposits of $3,000 and over per business processing day – 0.25% of total cash deposited.

* To be charged, per customer, on the total cash amount deposited or withdrawn in any one business day.

** Not a transaction account


ANZ Non-Profit Organisation Current Account

Non-profit organisations are exempt from payment of the following fees on one ANZ Non-Profit Organization Current Account:

  • Monthly account fees.
  • Automated and manual transaction fees.
  • Automatic and Bill Payment establishment, amendment and suppression fees.
  • Cash handling fees.
  • Cheque clearance fees.

Our account opening and eligibility criteria apply. A copy of our Reserve Bank Disclosure Statement is available on this website or on request from any ANZ branch, free of charge.

ANZ Business Overdraft

  • Monthly Overdraft Management fee
    Unless agreed otherwise in your facility agreement, 0.12% (minimum $5.00 a month).
    Calculated and charged monthly as a percentage of the highest agreed overdraft credit limit available during that month.
  • Overdraft Application fee
    A minimum amount of either $75.00 or 1% of the approved credit limit or increase, whichever is greater (ANZ will advise you if the application fee is higher than the minimum amount of $75.00).

ANZ Commercial Overdraft

  • Overdraft Management Fee, and Overdraft application fees apply, as agreed in your facility agreement

ANZ Business Flexible Facility

  • Monthly account fee: $12.50  
  • Transaction fee: No charge for automated or manual transactions.
  • Monthly Overdraft Management fee:  0.50% p.a. calculated and charged monthly as a percentage of the highest agreed flexi limit during that month (minimum $5 a month).
  • ANZ Business Flexible Facility application fee: Up to 1% of loan amount with a minimum of $250.
  • Service Fees:
    • Cheque clearance fee - $0.25 per cheque deposited
    • Cash handling fee for deposits of $3,000 and over per business processing day – 0.25% of total cash deposited.

ANZ Commercial Flexible Facility

  • Monthly account fee: Nil 
  • Transaction fee: $5.00 per transaction. The first five transactions in each calendar month are free.
  • Monthly Overdraft Management fee: Unless agreed otherwise in your facility agreement, 0.12%.  Calculated and charged monthly as a percentage of the highest agreed limit available during that month.
  • Overdraft application fee: Up to 1% of loan amount with a minimum of $250.
  • Service fees:
    • Cheque clearance fee - Nil
    • Cash handling fee for deposits  - Nil

Note, other Non-Standard Fees may apply in addition to any fees stated. For details on all fees and charges, please refer to ANZ’s Fees and Charges Brochure, or your Relationship Manager. 

ANZ Lending criteria, fees and terms and conditions apply to overdrafts.

Automated transactions include EFTPOS, Visa Debit, ATM, and mobile wallet transactions, as well as electronic payments and other transactions made using ANZ Internet Banking, ANZ goMoney, Phone Banking and ANZ Direct Online.

Manual transactions include cheques and transactions handled by our staff for you, including at a branch, by phone, or online. Balances and basic account enquiries at a branch are free. We process any deposits received through ANZ Fast Deposit Boxes as staff-assisted, manual transactions.

Other Account and Overdraft fees 

  • Unarranged overdraft fee: $5.00
    Applies if we choose to let you make payments or withdrawals or we pay any cheques or take any fees or charges, when you don’t have enough money in your account. We’re lending you money you don’t have and you must repay that money as soon as possible or when we ask. We charge the fee each month if you exceed your approved overdraft limit, or your account becomes overdrawn, by more than $10.00, for more than one day. This is charged in addition to excess interest.

Automated Payroll Fee – SmartPayroll

In addition to any other fees charged in relation to the services provided by SmartPayroll, your nominated account will be charged a bank fee (currently $0.24 per transaction processed by us) which may be varied from time to time on not less than 14-days’ notice. Total fees will be charged monthly on the 20th of the month following transaction processing. This fee is for the purpose of SmartPayroll transactions and the normal fees and charges applicable to your existing service with us will still apply. If you have any questions in relation to any of the fees, please contact an ANZ Business Specialist.

Business Overdrafts

ANZ Commercial Loan

ANZ Business Loan

Merchant services

ANZ FastPay

ANZ Business Flexible Facility

Business Agreements