Graduate package

Get your career off to a great start with a bank account designed with graduates in mind.

Apply now

Finished the hard yards of getting qualified? Congrats! Whether you’ve found a graduate job or are busy searching for that exciting new work opportunity, the ASB Graduate package is full of perks to help with your next chapter.

Perks of the package

No base or transaction fees for two years

Make the most of the Graduate package's fee and rate savings with no transaction or base fees for the two years you are on the Graduate account.

Apply for a debit and credit card if you need it

Access your own money anywhere with a Visa Debit card. Or, you could apply for a Visa Light with no account fee ever or a Visa Rewards with no account fee in your first year as a grad.

Zero-interest overdraft for two years

Throw down a safety net for yourself with a zero-interest overdraft for the two years you have the Graduate account - your just-in-case buffer of up to $2,000.

Note: a monthly facility fee will apply.

Is it right for me?

You've done the hard work getting your qualification. Now it's time to dive into your next exciting chapter. The ASB Graduate package is designed to help you to get ahead with your money, for your first two years of working. After this period, we'll move you to a Streamline account where standard rates and fees will apply.

You can switch from any bank or from your ASB Tertiary package, as long it's been less than two years since you completed your apprenticeship or graduated from an NZQA tertiary institution.

Get more with ASB

1. Pay your way

Use Apple Pay in stores or online with any compatible Apple device. Fast, secure and easy. Go contactless with other simple ways to pay, like Fitbit Pay and ASB Virtual.

2. Online banking

Up late? Starting at the crack of dawn? Bank online when it suits you with FastNet Classic internet banking. Or on the go with the ASB Mobile Banking app. Keep your money safe with features like Card Control where you can lock your card if you misplace it, change the PIN and more.

3. Saving for a goal

Start saving for your goals with a savings account. Boost your savings with Save the Change, the modern-day automated piggy bank. Check out these savings tips and make the most of ASB’s tools.

3. Protect and grow

Protect yourself and the things most important to you. Our car and contents insurance may come in handy, especially if you've moved out of home and into a flat. Set yourself up for your big future with the ASB KiwiSaver Scheme.

Questions you might have

  • I’m a new customer. How easy is it to switch from my current bank?

    Switching bank accounts might seem a bit overwhelming but it’s never been more simple to switch to ASB! Once you apply for your chosen account, you’ll get a dedicated Personal Switcher who’ll manage everything for you. 

  • Do I need to have graduated from a university and how long after this am I eligible for the Graduate account?

    To be eligible for the Graduate account you either need to have graduated from an NZ tertiary institution or have completed your apprenticeship. You can open a Graduate account any time up to two years after you graduate or complete your apprenticeship.

  • How do I provide proof of graduation or apprentice completion?

    Graduates, you’ll need a copy of your qualification (Degree/Diploma) i.e. Certificate or official transcript of academic record or written confirmation from your tertiary institution confirming you have successfully completed your qualification. 

    Qualified apprentices, you’ll need proof of trade registration or written confirmation from your employer, ITO or tertiary institution confirming successful completion of your apprenticeship. 

    Existing customers, if you’ve been on an ASB Tertiary account for 3 years or more, you’ll get automatically moved to a Graduate account unless you’re still studying and want to renew your Tertiary account. 

  • What’s an overdraft and how can I get one?

    An overdraft is a loan, with an agreed limit that you can use any time, and pay off at your own pace provided that you always keep it within its agreed limit. To find out more about overdrafts, how you could get one and how to manage it, visit our Overdrafts page. 

  • What happens to my interest-free overdraft after 2 years of being on the Graduate account?

    Once you’ve been on the Graduate account for 2 years, you will automatically be transferred to a Streamline account and your overdraft will incur interest at our standard unsecured overdraft interest rate. To find out more about overdrafts and costs that may be associated with them, visit our Overdrafts page. See our rates and fees.

  • What Visa card do most graduates get and how can I get one?

    You can choose from three of our Visa cards. 

    The most popular credit card with our other Graduate customers is ASB Visa Light. It’s a great choice, with a low interest rate on purchases, no account fee ever, and a special smart rate purchase feature as well. 

    If you want to earn True Rewards from your spending, you can go for an ASB Visa Rewards. Every dollar you spend earns you True Rewards Dollars, which you can spend at our partner stores.

    Not keen on credit cards? Use your own money to make purchases online or with payWave, with an ASB Visa Debit card

    You can also explore other credit card options.

  • What's the difference between the Graduate, Tertiary and Job starter's packages?

    The ASB Tertiary package is for students who are currently studying at any NZ tertiary institution or completing their apprenticeship. The ASB Job starter's package is specially designed for 18-20 year olds who are planning to go straight into the workforce after school, or have already started working. The ASB Graduate package is designed to give anyone who's just finished their studies or apprenticeship a helping hand in their next chapter - starting work.

  • How can I complete automatic payments on my Graduate account and are there costs?

    Now that you’ve graduated, you might be starting to pay bills - you can do this easily by setting up automatic payments in the ASB mobile app or FastNet Classic and it’s free! Find out how to set up automatic payments.

Apply for a Graduate package

Apply online

Get started today and apply online. You'll be good to go in no time.

Apply online

Call us

We're here to help.

0800 803 804

Visit a branch

Visit us at one of our many branches across New Zealand.

Find a branch

You might also be interested in

Comparing borrowing options

Curious about loans? Find out the important stuff on our different lending options and how you could borrow-clever.

Getting help with saving

Putting money aside now gives you a lot more options down the track. Start achieving your goals with a savings plan.

Investing for beginners

Ever wondered what investing is all about? Find out more about starting out in investing and explore ASB’s options. 

ASB's terms, eligibility and lending criteria apply.

After two years you will move to a standard account and standard rates and fees will apply. To apply for credit you must be 18 years or older, a NZ resident or citizen, and for an overdraft, your income must be credited to the ASB Graduate account. If eligible, the interest-free overdraft is only available for period you are eligible for a graduate account. After this standard rates will apply. A monthly overdraft facility fee of 0.12% of the limit and highest daily overdraft balance, whichever is greater (minimum charge $2) applies. No ASB Visa Rewards credit card account fee for a year. Rates and fees may change. Refer to asb.co.nz for other fees and charges. For ASB Visa Light, rates fees and more details on the Smart Rate purchase feature see asb.co.nz/light. Fees and Card Conditions of Use apply. After one year the standard credit card account fee will apply for Visa Rewards. Please refer to our fees page.

Interests in the ASB KiwiSaver Scheme (Scheme) are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). ASB provides Scheme administration and distribution services. No person guarantees interests in the Scheme. Interests in the Scheme are not deposits or other liabilities of ASB. They are subject to investment risk, including possible loss of income and principal invested. For more information see the ASB KiwiSaver Scheme Product Disclosure Statement available from this website and the register of offers of financial products at www.disclose-register.companiesoffice.govt.nz (search for ASB KiwiSaver Scheme).

The availability of insurance cover is subject to your application being approved. Terms, conditions and exclusions apply. For full details, refer to the relevant policy document which is available from ASB Bank Limited. This insurance is underwritten by IAG New Zealand Limited (IAG). See further information regarding IAG's financial strength rating.

Bank AccountsASB Graduate account