Business FreePlan is designed specifically for farmers, to help you manage the cash flow fluctuations that come with the seasonal nature of farming. It combines ready access to cash to meet your fluctuating needs through the year, with the convenience of managing all your finances through one bank. Business FreePlan gives you a flexible way to manage your day to day finances which could also lower your total cost of banking.

Business FreePlan offers:

• A current account that earns you competitive interest on credit balances, with a Thoroughbred Card or Cashpoint card to use at ATMs and EFTPOS.
• A fixed monthly fee which covers all transactions including Automatic Payments and Direct Debits.
• A pre-approved overdraft limit based on your total business
• A credit card - your choice of Thoroughbred Card or National Bank VISA Classic with which you can take advantage of up to 55 days free credit
• The ability to do your banking without leaving your farm - online, though our DirectLink Online service or through our Freephone and Freepost facilities
• Long term borrowing - you can choose from a number of National Bank options for long term financing of land, plant, stock and development. You can operate them in conjunction with a Business FreePlan to have all your finances working together.

FreePlan isn't just for farming businesses - you can enjoy the same advantages for your personal finances with Personal FreePlan.

For the Bank's latest lending interest rates please contact a Rural Manager at any branch or call 0800 807 711.

Interest rates displayed are subject to change.

Notes

Automated transactions include touchtone phone banking, automatic payments, direct debits (including loan repayments), DirectLink PC banking.

Manual transactions include cheques and transactions handled by our staff at branch or by phone. (Please note that balances and basic account enquiries at a branch are free).

Business FreePlan - how it works

You have a credit limit you can draw on as often as you need, for any purpose. So, as your cash requirements fluctuate, so does your FreePlan balance. You can repay principal at any time, or simply pay the monthly interest.

How FreePlan lowers the total cost of banking

Interest on your outstanding balance is calculated daily, at competitive rates. You can keep the balance down (and reduce your interest costs) by direct crediting your income to your FreePlan account then withdrawing money when you need to.

For more information

Call 0800 807 711 or contact a Rural Manager at your nearest National Bank branch.

Our normal lending criteria apply. Read our current disclosure statement.