Ready to switch?

If you're already a TSB customer you can apply to transfer to the Fisher Funds KiwiSaver Scheme through Online Banking. It’s quick and easy - simply click ‘Apply’ to get started, and then choose ‘KiwiSaver’ from the available options.

 

Apply through Online Banking

Join

Joining is easy. As long as you're living in New Zealand and you’re a New Zealand citizen (or entitled to permanent residence), you're eligible to join the Fisher Funds KiwiSaver Scheme. Fill out our online form and one of the team will be in touch to get things moving.

 

Message us

 


 

Deposit booster - How it works

  1. Join or switch to the Fisher Funds KiwiSaver Scheme

  2. When you go to buy your first home with TSB, let us know you've been with the Fisher Funds KiwiSaver Scheme for 12 months or over

  3. We'll check if you're eligible for the $1,500 deposit booster

  4. If you're eligible the $1,500 will be paid at the time of settlement by TSB. This can be arranged to be deposited into your account with us, or be paid directly to your solicitor

 


 

KiwiSaver has a range of benefits that can help get you through the front door sooner:

KiwiSaver first-home withdrawal: After three years of membership in a KiwiSaver scheme you may be able to withdraw your KiwiSaver funds when buying your first home. A minimum balance of $1,000 must remain in the KiwiSaver account after the withdrawal. Eligibility criteria applies.

KiwiSaver First Home Grant: You may be able to access a grant to be put towards your first home purchase after three years of membership in a KiwiSaver including: 

  •  Existing home: up to $5,000 for individuals or up to $10,000 for couples
  •  New build: up to $10,000 for individuals and up to $20,000 for couples.

The KiwiSaver First Home Grant is subject to additional eligibility criteria which can be found here

Government Contribution: If you’re contributing and aged between 18 and 65 you can receive up to $521 a year in Government Contribution (Member Tax Credit)

Choice of contribution rates: Choose to contribute 3%, 4%, 6%, 8% or 10% of your gross pay.

 


 

First Home Loan 

The First Home Loan is another option that could get you into your first home faster. It's a Housing New Zealand initiative that allows recipients to purchase a home with as little as 5% deposit. This can be used alongside KiwiSaver’s first home buyer benefits. Criteria applies.

 

  • *Don't forget to read this bit:

    Terms and conditions

    * $1,500 deposit booster incentive is available after twelve months of Fisher Funds KiwiSaver Scheme membership and is one per loan or associated loan, paid on drawdown of the loan for customer’s first owner-occupied home. Minimum loan value of $150,000. If repayment or refinance happens within the first 24 months, then 100% of the value of the incentive will be repayable to the Bank. If repayment or refinance takes place between 25-48 months, then 50% of the value of the incentive is repayable. Deposit booster incentive may be withdrawn by the bank at any time without notification.

    Lending: TSB Bank Limited’s current lending criteria, interest rates and fees apply. Quoted interest rates are applicable for residential housing loans up to 80% of valuation. An interest margin of 0.50% will apply for loans in excess of 80% of valuation (excludes First Home Loans). A 1% low equity insurance premium is applicable for First Home Loans. Interest rates may change at any time without notification. Floating and other fixed rate options are also available. A fixed loan prepayment fee may apply on fixed rate loans. Not available through brokers.

    KiwiSaver: Fisher Funds Management Limited (“Fisher Funds”) is the issuer and TSB Bank Limited (“TSB”) distributes the Fisher Funds KiwiSaver Scheme (the “Scheme”) on behalf of Fisher Funds. A copy of the Product Disclosure Statement  for the Scheme is available from TSB and Fisher Funds. Interests in the Scheme are subject to investment risk including possible loss of income and principal invested. Neither TSB nor any other person guarantees (either partially or fully) interests in the Scheme (including the repayment of any capital value or the performance of those securities). An investment in the Scheme is not a deposit with TSB.