You could get in the door of your first home quicker with a Home Ambition package. It's designed to help you save for your first home and give you a helping hand with some of the costs along the way.
You'll receive a complete package of products and services including:
- An initial planning session
- Current Account
- Savings and Call Accounts
- Investments - short to medium term
- Thoroughbred Card
- Tools to help you search for your home
- Contributions toward your legal fees and building inspection costs.
Initial planning session
In your planning session you’ll use our tools to develop a realistic deposit for your first home and work our a budget and savings plan to achieve it. You’ll get:
- A good idea of how much you need for a deposit, plus a plan to save it
- You can work through the planning session with one of our experienced staff, or online using our savings calculators and budget planners.
Current Account
A simple, flexible account for your day-to-day banking needs.
- With Home Ambition you need to have your main income (e.g. wages or salary) direct credited to a National Bank everyday account.
- We offer you a range of accounts with fee options to suit the way you like to bank.
Savings and Call Accounts
Choose the account that suits the way you like to save.
- National Bank eSaver - Every dollar earns interest and Premium interest is earned each month you make no withdrawals and deposit at least $20 (not including credit interest) on or before the last business day of each month. Also, higher withdrawal fees help you avoid the temptation to dip into your savings.
- National Bank Online Account - Rewards you with a competitive rate of interest on balances over $2,000 and has no monthly account or transaction fees.
Investments - short to medium term
- National Bank Call Fund - Designed for customers who want tax effective, compeitive returns with flexible access to their investment.
Thoroughbred Card
Apply for the one card that does it all.
- Our Thoroughbred Card is a credit and cash card in one – use it for credit purchases and to access your cheque and savings accounts.
- CashBack Rewards programme - we reward you with cash, so you can reward yourself anyway you like. Terms and conditions apply to CashBack Rewards. For more information please visit www.cashbacks.co.nz
- Up to 55 days’ interest-free credit (see www.nationalbank.co.nz for our current interest rates).
Special Thoroughbred Card benefits for Home Ambition customers:
- Apply for a new Thoroughbred Card (Visa or MasterCard) and we’ll waive the first year’s annual account fee
- You’ll get 5,000 bonus CashBack Reward points to get you started.
Tools to help you search for you home
To help you search for your dream home we’ll provide you with a free:
- ‘Streetwise Homebuyer’ book – a comprehensive guide to buying a home, including what to look for, things to consider, guidelines on using professionals like real estate agents and lawyers, and much more.
- QV E-Valuer report – an automated estimate of a property’s market value for most New Zealand homes.
These benefits will be available to you once you have been on the Home Ambition package for at least six months.
We may also be able to give you:
Contributions toward your legal fees and building inspection costs
Once you’ve successfully purchased your first home and drawn down your National Bank home loan, we’ll give you a:
- $500 contribution toward legal fees
- $500 contribution for building inspection costs.
To be eligible for these special benefits, you must be on our Home Ambition package for at least six months before your home loan application date.
You can apply for a Home Ambition package online or at any National Bank branch.
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The content on our site is for information only. You should obtain professional advice relevant to your circumstances. Our lending criteria, terms, conditions and fees apply to all loans. Home Ambition criteria apply. Read our disclosure statement. Contact us for more details.
A copy of the National Bank Call Fund Investment Statement and the Bank’s disclosure statement, prepared under the Securities Markets Act 1988, are available on request from any National Bank branch, free of charge. ANZ Investment Services (New Zealand) Limited is the issuer/manager of the National Bank Call Fund. The New Zealand Guardian Trust Company Limited is the Trustee of the Fund. The National Bank of New Zealand, part of ANZ National Bank Limited is the distributor of units in the Fund. Units in the Fund do not represent deposits or other liabilities of ANZ National Bank Limited. An investment in the Fund is subject to investment risk, including possible delays in repayment and loss of income and principal invested. No member of the ANZ National Bank Limited Group, The New Zealand Guardian Trust Company Limited or any other person guarantees (either partially or fully) ANZ Investment Services (New Zealand) Limited or the capital value or performance of any products issued by them.