A high fixed interest rate for your savings. You choose the time frame.
Why open a Vivier & Co account?
Our Account Charges
Whenever you make a deposit or receive interest, we apply no transfer fees between New Zealand and your country or we refund your other bank’s charges to your account with us. We also apply no account charges of our own, as long as the aggregate balance across all your accounts stays above a relatively modest level, as set out opposite. We only apply a charge if you opt for a debit card, where we pass on nominal fees from MasterCard, or if you withdraw some or all of a deposit. Similarly, we do not pay the cost of posting account opening forms to New Zealand. On this basis, opening and maintaining an account is free.
* or equivalent in foreign currency
** applied/credited retrospectively as average balance changes over the year.
Our Deposit Rates
The rates above are current as at today but subject to change. They apply from the date your deposit is placed for at least as long as your selected period of notice. However, on an account on notice of one year or less, if withdrawal is requested within three months of the initial placement or renewal, the rates are reduced by 1%. An account on notice of one year or more attracts a loyalty bonus: a one-off interest uplift of +0.5% pa on our published rates. The rate is applied twelve months after the deposit is placed, assuming notice has not already been given, and remains in place until withdrawal. Finally, although we pay all interest without taxes, it is up to you to declare income in your place of residence.
Accounts on notice of less than 12 months are subject to a maximum deposit of EUR 60,000 or equivalent in other currencies. Accounts on notice of 12 months or more are subject to a maximum deposit of EUR 1,200,000 or equivalent in other currencies.