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For Parents

If you’re having sleepless nights worrying about how your new student will make ends meet, relax. Our student package comes with loads of great benefits to help put your mind at rest.

Who can apply for this package?

Students need to be currently attending a government recognized tertiary institution and/or completing a NZ Qualifications Authority course (NZQA) and/or studying for a NZQA qualification relating to their work, in order to qualify for this account.

The student package

1) Transaction Account

  • No account transaction or monthly administration fees.
  • Free withdrawals using EFTPOS and at over 700 ANZ and National Bank ATMs
  • 3 months’ free mobile phone banking, so they can check their account balance and get account alerts and reminders anytime, anywhere
  • Internet banking with free registration and unlimited access, so they can manage their accounts and view their transaction history, 24/7
  • ANZ Phone Direct, which comes with free registration, and gives them someone to talk to 24/7

2) Student Overdraft

Students can apply for an interest-free overdraft of up to $2,000, until the tertiary course is finished. It’s our way of making sure your kid doesn’t get caught short, should something crop up.

3) Student Loan

Students can apply for a personal loan of up to $6,000 at our special low interest rate, and they have the flexibility to repay it for up to five years. So if they need to buy a car, or furnish their first flat, this could come in handy.

4) Credit Card

Students can apply for an ANZ VISA CLASSIC or ANZ STANDARD MASTERCARD with a credit limit of $500. We’ll even waive the first year’s annual account fee. Great for emergencies or online purchases.

Options for saving

We also offer three savings accounts for students:

  • Online Call Account: This account is ideal for international students, or students who receive a grant at the beginning of the year. It offers competitive interest on every dollar in your account when the daily balance is over $2,000. There are also no monthly or transaction fees, and access is available 24/7, via Internet and Phone Banking. With this account, you cannot access overdraft facilities, cheque books, ATMs or EFTPOS machines. Also, you cannot make transactions at ANZ branches, arrange automatic payments from your account to another bank, or make bill payments and direct debits.
  • ANZ Serious Saver: This account helps students save with rewards for saving $10 a week – great for if they have a part time job and want to save their pay. Features include built-in spending safeguards, and a personalised statement.
  • ANZ Term Deposits: This product offers competitive interest rates for fixed terms, helping students make their money work harder for them – especially if they’re saving for the long term.

If you have any questions please contact us

Eligibility, lending criteria and fees apply. Full details, including terms, conditions and a copy of our Disclosure Statement can be obtained from any ANZ branch.

The Student Savings Tips are for information purposes only and do not represent the views of ANZ. To the extent permitted by law, ANZ does not accept responsibility or liability from the use of this information