Police Home Loans
When you decide to buy a home there are a lot of things to think about and do. Choosing the right home loan can be just as important as finding the perfect home.
The Police Welfare Fund has worked with ANZ and The National Bank, to create the Police Banking Package. The package offers special discounts and benefits to Police Welfare Fund members and their immediate families.
Eligibility is at the discretion of the Police Welfare Fund. Members must remain a member of the Police Welfare Fund and have their salary deposited to a transaction account with ANZ or The National Bank (such as the ANZ Go Account or The National Bank Freedom Account).
Special benefits of the package include:
- Special discounts on home loan interest rates
- Transaction accounts designed to save you money on fees
- A dedicated 0800 number for Police Banking Package members
- Legal fee contribution of up to $500
Your choice of bank
The Police Banking Package is available from both ANZ and The National Bank. They are two of New Zealand’s leading banks, with a long and proud history of helping New Zealanders get ahead.
Package details
The Police Banking Package offers the following special benefits. (These benefits are subject to change).
Home Loans
Police Banking Package members benefit from special discounts on interest rates for floating rate, fixed rate and flexible home loans:
|
|
ANZ |
The National Bank |
|---|---|---|
|
Currently 5.24% p.a. on floating rate loans (subject to change) |
0.50% p.a. off the Thoroughbred Home Loan Floating interest rate loans (subject to change) |
|
0.25% off our fixed interest rate loans (not applicable to existing fixed rate loans) |
0.25% off our fixed interest rate loans (not applicable to existing fixed rate loans) |
|
0.50% off our FlexiPlus Home Loan |
0.50% off our Flexible Home Loan, plus the monthly account fee is waived |
|
Up to $500 |
Up to $500 |
Plus, for a limited time, a special offer of six months free home insurance.
Find out more
Find out more about ANZ or The National Bank’s current home loan interest rates.
Whatever your situation, ANZ and The National Bank can tailor a home loan solution to suit your circumstances, and provide information and resources to help you right through the home buying process.
* Where borrowing over 80% of a property’s value is approved, a low equity premium on a graduated scale will apply and a registered valuer’s report will be required. ANZ and The National Bank’s lending criteria, terms and conditions and fees apply. Applications through brokers are not eligible for package concessions.
Transaction Accounts
The ANZ Go Account is designed for people who like to do their banking electronically. There’s no monthly account fee and no fees for electronic transactions - including managing your money via ANZ Internet Banking, Phone Direct or TXT Banking*, plus unlimited use of EFTPOS and ANZ and National Bank ATMs (although fees apply for using other banks’ ATMs). There’s a $3 fee for manual transactions, such as writing cheques or transactions that generally require help from ANZ staff in branches or our call centre – but if you do all your banking electronically, you could pay no account or transaction fees at all.
*Standard download and text fees from your mobile phone provider will apply. Statements will be delivered electronically via ANZ Internet Banking once this function is available. Until electronic statements are available, paper statements will be provided at no charge.
The National Bank Freedom account is a transaction account that gives you the freedom to bank any way you want (including in-branch, via Internet banking, using EFTPOS or writing cheques) – and save money on bank fees. You can make as many manual and electronic transactions as you like for a low monthly account fee of just $5. Plus, your monthly account fee is refunded if your deposits into the Freedom account total at least $2,500 each month (e.g. by simply having your salary direct credited).*
*Deposits exclude transfers made between any of your National Bank accounts. Your monthly account fee may not be refunded until the beginning of the following month.
Other products and services
Through the Police Banking Package you can also access a comprehensive range of banking products and services for all your financial needs, including saving, investing, lending, international services and more. Visit the ANZ and/or National Bank websites for more information about their range of products and services or talk to their dedicated Police Banking Package consultants on the numbers below about how they can help you achieve your financial goals.
What about insurance — do I need some and what kind should I get?
The Police Welfare Fund can provide insurance protection to cover your Police Home Loan and insure your property from loss or damage, with a special offer - for a limited time - of six months worth of free home insurance.
The insurance options mentioned on this website are not provided by ANZ or The National Bank. Police Welfare Fund Police Life Insurance and Police Life Insurance Extra are underwritten by AIA. Police Fire & General Insurance is underwritten by Lumley General Insurance (NZ) Limited.
To find out more or apply for the Police Banking Package, simply call:
ANZ: 0800 ANZ 2 YOU (0800 782 836) OR The National Bank: 0800 800 808
ANZ and The National Bank's lending criteria, terms, conditions and fees apply. All Police Banking Package details are current as at 3 June 2011 and are subject to change. A copy of each bank's current disclosure statement may be obtained through any branch of ANZ or The National Bank of New Zealand (part of ANZ National Bank Limited).
