When you get it, you gotta put it somewhere. Under the mattress, at the back of the freezer, buried out the back just won’t cut it. So, let’s look at what will cut it at SBS. Setting savings goals and achieving them is a great feeling. At SBS Bank, we have a range of saving, investment and wealth management options that cover all stages of life and all financial circumstances. So take a moment to think about your goals, and let’s make your money work for you.

A simple way to save money from your everyday account, earning interest while still having access to your money anytime, anywhere. Watch your money grow and still have the flexibility to transfer money in or out - an online savings account makes it easy to start saving.

Grow your savings

  • No Minimum opening balance
  • Earn interest on every dollar
  • Access online via Internet Banking or Mobile App
  • Interest calculated daily and paid monthly
  • No posted statement so Internet Banking is a must 

Open online

You need to be:

  • At least 18 years of age
  • A New Zealand citizen or permanent resident
  • Opening an account for personal use
  • Completing the application yourself


Easy, online saving

  • Unlimited online transfers 
  • No monthly account fees or charges
  • No temptation - no card access!

Important information

  • Direct debit and Automatic payments are not allowed on this account

1.85% p.a.


Interest rates are subject to change. Account opening and eligibility criteria, fees and charges, and terms and conditions apply.

The Incentive Saver account is designed to accelerate your savings, while helping you manage the temptation to spend. All you have to do is make a monthly deposit and not make any withdrawals within the three month period to earn bonus interest!

Accelerate your savings

  • No opening balance
  • Interest calculated daily and paid quarterly
  • Base interest paid every quarter
  • Bonus interest paid quarterly if you make monthly deposits and don't make any withdrawals within the three month period
  • Access balance and transaction lists online
  • Statements posted quarterly

supporting goal-based saving

  • No monthly account fees or charges

0.55% p.a.

Base Rate+

2.80% p.a.

Bonus Rate=

3.35% p.a.

potential Rate

Interest rates are subject to change. Account opening and eligibility criteria, fees and charges, and terms and conditions apply.

SBS Call Account

SBS Bank Standard Call accounts are on-call interest bearing accounts intended for larger amounts. On-call accounts are designed for savers who have large sums that they would like to periodically put aside from day-to-day activities for a period.

These sums can earn interest but are still accessible when required.

Set aside your savings

  • No minimum opening balance
  • Withdrawals can be made without penalty
  • Interest is calculated daily and paid quarterly
  • Unlimited transactions
  • No monthly account charges or transaction fees
  • Internet Banking access to account available.

1.90% p.a.


Interest rates are subject to change. Account opening and eligibility criteria, fees and charges, and terms and conditions apply.

KiwiSaver can be an effective way to regularly put a little aside for your future, which if you're employed can be from every pay and your employer. KiwiSaver is a voluntary savings scheme that is designed to help with your long-term retirement savings. KiwiSaver is designed to be easy. While KiwiSaver is primarily to save for your retirement, it has other benefits for first homebuyers too. If you would like to know more about how KiwiSaver can help you into your first home check out our First Home Loan page by clicking here.

Saving for retirement

  • Regularly put a little aside for your future
  • Choice of Regular contributions deducted from your pay (3% - 10%)
  • Employers contributions can match 3% of your pay
  • Annual government contribution of up to $521.43
  • Designed to be easy

First Home Buyers

  • If you have never owned a home before:
    • You may withdraw your savings to put towards your first home
    • You may also be eligible for a First Home Grant


For more information on KiwiSaver visit www.ird.govt.nz/kiwisaver
For information on the the Lifestages KiwiSaver Scheme, which we offer, visit our KiwiSaver page.


Funds Administration New Zealand Limited (FANZ), a wholly owned subsidiary of SBS Bank, is the issuer and manager of the Lifestages KiwiSaver Scheme (the “Scheme”). Investments in the Scheme do not represent deposits or other liabilities of FANZ or SBS Bank, and are subject to investment risk. The investment risk includes possible delays in repayment and loss of income or contributions invested. The principal and returns of the Funds are not guaranteed or secured in any way by FANZ, SBS Bank or any other person. For more information see the Lifestages KiwiSaver Scheme Product Disclosure Statement available from lifestages.co.nz and the register of offers of financial products at www.disclose-register.companiesoffice.govt.nz


Retrieve application

To continue an application you have previously saved you will need the username and password you saved the application under.

Saved Applications