Get your career off to a great start with a bank account designed with Graduates in mind.
After you graduate or finish your apprenticeship, a Graduate account can help you get to where you're going next. It's a two year package that has no transaction or base account fees, and you may be eligible for an interest free overdraft of up to $2,000 while you are on a Graduate account. You can also apply for a personal loan at a special rate or apply for Visa Light with no account fee, ever. Or a new Visa Rewards with no account fee for a year.
You can ask for a Graduate package if you've graduated from a NZQA tertiary institution or finished your apprenticeship in the last two years.
After two years we'll move you to a Streamline account (Streamline rates and fees will apply).
ASB's terms and lending criteria apply. Other fees apply including a monthly overdraft facility fee of 0.12% of the limit and highest daily overdraft balance, whichever is greater (minimum charge $2). Only persons 18 years or older who are NZ residents or citizens can apply for credit. Interest free overdraft available for period you are eligible for graduate account. After this standard rates will apply. See asb.co.nz for details. After one year the standard credit card account fee will apply for Visa Rewards. Please refer to our fees page. For credit products you must be a New Zealand resident or citizen and for your overdraft, your income must be credited to the ASB Graduate account.