Effective from 2 November 2020 the rates of some TSB Everyday and Investment accounts have decreased. See below for what rates have been effected.
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100% NZ owned and independent bank
Everyday and Savings
| Account | New |
|---|---|
| Horizon | 0.25% p.a. |
| WebSaver ($1,000 and over) | 0.25% p.a. |
| Cash PIE | 0.25% p.a |
| Youth | 0.25% p.a |
Premier
| Current rate p.a. | Portion of balance between |
|---|---|
| 0.10% p.a | on the portion of the balance up to $19,999 |
| 0.15% p.a | on the portion of the balance from $20,000 to $34,999 |
| 0.25% p.a | on the portion of the balance from $35,000 to $49,999 |
| 0.40% p.a | on the portion of the balance from $50,000 to $99,999 |
| 0.50% p.a | on the portion of the balance over $100,000 |
Business On Call
| Interest per annum | Portion of balance between |
|---|---|
| 0.05% p.a | $5,000 to $99,999 |
| 0.10% p.a | $100,000 to $999,999 |
| 0.10% p.a | $1,000,000 and over |