Every rate, every fee, for everyone to see.

You can download our rates and fees guide.

Information on fees

If you are over 65 years of age, under 18 years of age, registered as a full-time student or you have a home loan with us then you will benefit from some fee exemptions as detailed below.

Type	Debit Mastercard 'approved transactions'	Debit Mastercard 'declined transactions'	Staff-assisted+
Under 18	FREE	FREE	FREE
Student	FREE	N/A	FREE
Home Loan	FREE	FREE	N/A
Over 65	N/A	N/A	FREE

+Staff-assisted transactions include withdrawals, internal transfers, external payments and one-off statement requests handled by our staff in branch, by phone or by email.

When fees are charged

The Debit Mastercard Administration Fee (per card) is charged monthly.

All other fees are charged on the day of the transaction.

How to reduce account costs and other free services

All internal transfers between Unity accounts using mobile banking and internet banking are free.
Set up and amend recurring transactions/payments using internet banking or mobile banking.
If you need some cash, ask to withdraw some money when making a payment with your Debit Mastercard (note: you will need to insert and enter your PIN to avoid any merchant fees for contactless payment)

Transaction accounts

Everyday

Everyday account fees
Account management (per month)	no charge
Electronic transactions^	no charge

^Transactions made with your Unity Debit Mastercard are not included as electronic transactions. See below for Debit Mastercard fees.

Freedom (11 - 17 year olds)

Freedom account fees (FEE FREE)
Account management (per month)	no charge
Electronic transactions	no charge

Bill Pay

Bill Pay account fees
Account management (per month)	no charge
Electronic transactions	no charge

Savings accounts

Everyday saver

Everyday saver fees
Account management (per month)	no charge
Electronic transactions^	35c

^Transactions made with your Unity Debit Mastercard are not included as electronic transactions. See below for Debit Mastercard fees.

Online saver

Online saver fees
Account management (per month)	no charge
Electronic transactions	35c

Kids saver (0 - 10 year olds)

Kids saver
Account management (per month)	no charge
Electronic transactions	no charge

Christmas saver

Christmas saver fees
Account management (per month)	no charge
Electronic transactions	n/a
Withdrawal fee*	$20 (Free Nov - Jan)

*Withdrawals and transfers made between 1 February - 31 October, through any channel, will incur a $20 fee which will be charged on the day.

Loyalty saver

Loyalty saver fees*
Account management (per month)	no charge
Electronic transactions	n/a
Withdrawal fee (per withdrawal)	$10

*Loyalty saver existing accounts only, no new accounts can be opened.

Debit Mastercard Fees

Fee type	Fee ($)	Frequency
New card (including joint)	Free	First card only
New / replacement card	$10	Each
Debit Mastercard transaction fee - Domestic (approved and declined) Applies to all Debit Mastercard transactions processed within New Zealand. A declined transaction fee applies when there isn’t enough money in your account to complete the transaction.	$0.35c	Each
Debit Mastercard Administration Fee (per card)	$1.50	Per month
Recurring payments cancellation (when completed by a Unity staff member)	$15	Each
Disputed card transaction fee	$15	Per enquiry
Overseas/International Mastercard fees
Overseas ATM transaction fee	$7 NZD	Per transaction
International Debit Mastercard transaction fee (approved and declined) Applies to all Debit Mastercard transactions processed Internationally. A declined transaction fee applies when there isn’t enough money in your account to complete the transaction.	$0.80c	Per transaction
Foreign currency conversion fee (on the NZD converted value of the foreign currency transaction)	2.25%	Per transaction
ATM Fees
Unity ATM transactions	$0	N/A
Non-Unity ATM transactions Includes withdrawal, decline, balance enquiry. Normal transaction fees also apply. Additional ATM provider fees may also apply.	$1	Per transaction

Other fees

Service fees

Fee type	Fee ($)	Frequency
Staff assisted transactions Includes withdrawals, internal transfers, external payments and one-off statement requests handled by our staff in branch, by phone or by email. *Free for under 18, over 65 and full-time students.	$5*	Per transaction
Payment set-up fees (AP and DD)
Automatic payment (AP) Set up or amend an Automatic Payment via a Unity staff member	$5	Per transaction
Direct Debit (DD) Set up a Direct Debit via a Unity staff member	$5	Per transaction
Westpac branch transactions
Deposit cash at a Westpac branch	$2.50	Per deposit
Cash handling at a Westpac branch	$0.25c	Per $100 of part thereof

Overdraft fees

Application fee

$75

Insufficient funds fees

Insufficient funds fees
Direct Debit Honour Fee Charged when a direct debit is processed even though there weren’t enough funds in the account.	$20	Per transaction
Direct Debit Dishonour Fee Charged when a payment cannot be made because: (a) the account exceeds an approved overdraft limit; or (b) the account is overdrawn without an overdraft facility.	$20	Per transaction
Retry Fee Insufficient Funds Charged when an automatic payment fails due to insufficient funds. Automatic payments are cancelled after three consecutive failed attempts. If the payment remains active, fees will continue to apply.	$10	Per transaction

Lending fees

Lending fees
Type	Fee ($)	Frequency
Personal loan
Approval fee - charged at disbursement	$200^	Per disbursement
Approval fee - where loan is fully secured by shares	Free	N/A
VIR (Vehicle Information Report)	$12.19	Per disbursement
PPSR (Personal Property Securities Register)	$17.25	Per disbursement
Home loan
Approval fee - charged at disbursement	Free	N/A
Lenders Mortgage Insurance Premium (payable for Kāinga Ora First Home Loans only)	1.2% of total amount borrowed	One off cost
Early Repayment fee - applies to fixed term loans if loan is repaid before the fixed term ends.	$30 plus interest recovery costs^*
Prepare mortgage or caveat discharge forms	$100	Per loan
Default and other fees
Reminder letter	$20	Per letter
Repossession warning notice administration	$50	Per notice
Repossession warrant administration	$100	Per warrant
Debt recovery agent visit	As per invoice	N/A
Property law notice administration	$350	Per notice
Post-repossession fee	$100	Each

^Where Unity incurs a charge from another organisation when acting on a member’s behalf, Unity Credit Union will pass these costs on to the member.

Due to the nature of these charges the exact cost will not be known until the time of application. Examples of such cost include, but are not limited to, legal costs and disbursements or costs associated with the registration, variation and discharge of securities. If you would like further information about these possible charges, please contact us on 0800 229 943.

*If you repay part or all of your fixed-rate home loan early e.g. during the fixed-rate period, an Early Repayment fee (also known as a break fee) may apply. This fee reflects the loss we may incur when a fixed-rate loan is repaid early and is calculated in line with your loan agreement.

Non standard fees

Type	Fee ($)	Frequency
Transaction search fee	$15	Per enquiry
Direct credit recovery fee	$50	Per enquiry
Direct credit trace fee	$25	Per enquiry

Other charges

Where Unity incurs a charge from another organisation when acting on a member’s behalf, Unity will pass these costs on to the member. Due to the nature of these charges, the exact cost will not be known until the time of application. Examples of such costs include, but are not limited to, legal costs and disbursements or costs associated with the registration of securities. If you would like further information about these possible charges please contact us on 0800 229 943.

Daily Limits

Internet and Mobile Banking

$5,000 daily limit for external transactions.
No limits for internal transactions between your own accounts.

Debit Mastercard

$10,000 daily limit (online payments and using EFTPOS terminal with PIN)

ATM

$2,000* daily limit

*Non-Unity ATM's may enforce their own limits that may be lower than Unity's limit.

To view our interest rates click here.

The product issuer is Unity Credit Union, trading as Unity. T&Cs apply. Lending approval fees and other fees apply. All variable interest rates, fees and returns are subject to change without notice. The Product Disclosure Statement and other important information is available here or on request from Unity. Unity savings are shares secured by a first ranking security over Unity’s assets.

Phone: 0800 229 943
Email: enquiries@unitymoney.co.nz