It’s
awesome for under 19s
Dynamic Money is a great account for young people1. It has
all the features you’d expect from your transaction account including
zero monthly base fees and no transaction fees for under 19s2,
plus Dynamic Money pays you interest so you can watch your money grow.
What makes Dynamic Money
so good?
Dynamic Money has zero monthly base fees and no charge
for transactions for under 19s2.
Interest is paid monthly, based on how much money
you've got in your account3.
You can access your money at any time using the phone,
internet, an ATM
or EFTPOS4.
We’ll send you statements so you can watch
your account grow and keep an eye on what you’re spending your
money on.
If you don't already
have a BNZ account you'll need to bring into BNZ store two forms
of suitable I.D. (at least one must be a Photo I.D., such as a
passport or driver's licence).
1.
Dynamic Money is only available to individual
personal customers who can satisfy our normal account opening
criteria.
2.
A month refers to the period from the last business
day of the previous calendar month to the second to last business
day of the current calendar month inclusive. Transactions include
BNZ ATM, BNZ Internet Banking, EFTPOS, Automatic Payments, Direct
Debits and Direct Credits. Fees for Telegraphic Transfers will
still apply. Some Service Fees still apply.
3.
The average monthly credit balance is the sum
of the end of day balances for the month divided by the number
of days in the month. A ‘month’ refers to the period
from the last business day of the previous calendar month to the
second to last business day of the current month inclusive.
4.
After you have turned 13 your parent or guardian
can arrange with the Bank for you to operate the account on your
own, this includes applying for a 24 Hour Banking Card.