Personal FreePlan
A personal current account for rural customers that combines control with flexibility.
OverviewRatesFeesAccount Information
Personal FreePlan offers all the advantages of Business FreePlan for your personal banking - a flexible source of cash you can access at any time for any purpose, plus the convenience of managing all your finances through one bank. It could also lower your total costs of banking.
Personal FreePlan offers:
- A current account with a credit limit you can draw on as often as you need, for any purpose.
- Competitive interest on credit balances.
- A fixed monthly fee which covers all transactions, including Automatic Payments and Direct Debits
- A Thoroughbred Card, Gold Thoroughbred Card or National Bank VISA Classic with up to 55 days free credit
- The ability to do your banking without leaving your farm - online, through our DirectLink Online or through our Freephone and Freepost facilities.
If you haven't already done so, see how Business FreePlan could work for your farming business.
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.
| Credit Interest Rates |
→$0 - $1,999
|
1.00% pa |
→$2,000 - $4,999
|
1.00% pa |
→$5,000 - $19,999
|
1.25% pa |
→$20,000 - $199,999
|
1.50% pa |
→$200,000+
|
2.00% pa |
Fees
|
| |
| →Monthly account fee covering all manual and automated transactions |
$5.00 |
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).
FreePlan - how it works
You have a personal credit limit you can draw on as often as you need, for any purpose.
So, as your personal 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 .