Finding the best bank in New Zealand for you can be a challenge. That’s why we’ve created this comprehensive guide to the best banks in New Zealand. We’ve researched the different banks and services available and put together the ultimate list of the best banks in New Zealand. Read on to find out which bank is the best for you.

Full List of New Zealand Banks

Bank Year of Foundation Number of Branches Financial Products and Services Official Website
ANZ Bank 1835 200+ Personal banking, business banking, loans, credit cards, investments, insurance anz.co.nz
ASB Bank 1847 170+ Personal banking, business banking, loans, credit cards, investments, insurance asb.co.nz
Bank of India NZ 1952 5 Personal banking, business banking, loans, remittances, trade finance bankofindia.co.nz
Citibank NZ 1974 2 Personal banking, wealth management, global banking services citibank.co.nz
Co-operative Bank 1928 30+ Personal banking, business banking, home loans, credit cards, investments, insurance co-operativebank.co.nz
Heartland Bank 2011 10+ Business banking, home loans, motor vehicle finance, rural finance heartland.co.nz
HSBC 1987 15+ Personal banking, business banking, loans, credit cards, investments, insurance hsbc.co.nz
Kiwibank 2002 250+ Personal banking, business banking, home loans, credit cards, investments, insurance kiwibank.co.nz
Rabobank NZ 1990 30+ Business banking, rural banking, savings accounts, investments, insurance rabobank.co.nz
SBS Bank 1869 15+ Personal banking, home loans, savings accounts, investments, insurance sbsbank.co.nz
TSB Bank 1850 90+ Personal banking, home loans, savings accounts, investments, insurance tsb.co.nz
Westpac 1861 180+ Personal banking, business banking, home loans, credit cards, investments, insurance westpac.co.nz

Highest-Rated New Zealand Banks

Take a closer look at some best, in our opinion, banks. For each, we will write the fullest review, so you can pick the write bank to deal with.

ASB Bank

ASB Bank is one of the largest banks in New Zealand, with over 200 branches across the country. ASB offers a range of services, including personal banking, business banking, and investment advice. They also offer a range of competitive interest rates and financial products.

Kiwibank

Kiwibank is a popular bank in New Zealand, offering a range of banking services, including personal banking, business banking, and investment advice. They also offer competitive interest rates and a range of financial products.

Westpac

Westpac is one of the largest banks in New Zealand, with over 150 branches across the country. Westpac offers a range of services, including personal banking, business banking, and investment advice. They also offer competitive interest rates and a range of financial products.

ANZ

ANZ is the largest bank in New Zealand, with over 200 branches across the country. ANZ offers a range of services, including personal banking, business banking, and investment advice. They also offer competitive interest rates and a range of financial products.

BNZ

BNZ is one of the oldest banks in New Zealand, with over 100 branches across the country. BNZ offers a range of services, including personal banking, business banking, and investment advice. They also offer competitive interest rates and a range of financial products.

SBS Bank

SBS Bank is one of the smallest banks in New Zealand, with just over 20 branches across the country. SBS offers a range of services, including personal banking, business banking, and investment advice. They also offer competitive interest rates and a range of financial products.

Best E-Wallet Options in New Zealand Banks

As digital payment methods continue to gain popularity, e-wallets have become a convenient and secure way to make transactions. In New Zealand, several e-wallet options are available to cater to the needs of individuals and businesses alike. In this article, we will explore some of the best e-wallet options in New Zealand, including Poli Pay, and highlight their acceptance as payment methods across various online services.

Poli Pay

Poli Pay is a popular e-wallet option in New Zealand, offering a range of features and services. It allows users to store funds securely and make quick payments online. Poli Pay supports multiple currencies and provides a user-friendly interface for easy navigation. This e-wallet option is widely accepted across various online services, including but not limited to:

    • E-commerce platforms: Poli Pay can be used as a payment method on popular e-commerce websites, such as Amazon, eBay, and AliExpress.
    • Food delivery apps: Many food delivery services, such as Uber Eats and Deliveroo, accept Poli Pay as a convenient payment option.
    • Travel and accommodation: Poli Pay is accepted by major travel booking platforms like Booking.com and Expedia, allowing users to book flights, hotels, and rental cars seamlessly.
  • Online entertainment: Streaming services like Netflix and Spotify, as well as gaming platforms like Steam and PlayStation Network, also accept Poli Pay for subscription payments and in-app purchases.

Read more about Poli Casino NZ.

PayPal

PayPal is a widely recognized and trusted e-wallet option that has a strong presence in New Zealand. It offers secure and seamless online transactions, allowing users to link their bank accounts or credit cards for easy fund transfers. PayPal is accepted on numerous online platforms, including:

  • E-commerce websites: PayPal is a popular payment option on platforms like Trade Me, New Zealand’s largest online marketplace.
  • Freelance platforms: Websites such as Upwork and Freelancer.com accept PayPal, making it convenient for freelancers to receive payments.
  • Online services: PayPal is accepted by many digital service providers, including domain registration services, web hosting providers, and online learning platforms.

Official website: PayPal

Apple Pay

Apple Pay is a mobile payment solution provided by Apple, available to users of compatible Apple devices. It allows users to make secure transactions using their iPhones, iPads, Apple Watches, or Macs. In New Zealand, Apple Pay is accepted at various locations, including:

  • Retail stores: Many brick-and-mortar shops, including supermarkets, clothing retailers, and restaurants, have enabled contactless payments through Apple Pay.
  • Apps and online services: Apple Pay can be used as a payment method in numerous iOS apps and online platforms, ranging from ride-sharing services like Uber to retail apps like The Warehouse.

Official website: Apple Pay

Google Pay

Similar to Apple Pay, Google Pay is a mobile payment solution provided by Google. It allows users to make payments using their Android devices or Google accounts. In New Zealand, Google Pay is accepted at various places, including:

  • Physical stores: Many merchants have adopted contactless payments through Google Pay, allowing users to tap their phones to make payments.
  • Online platforms: Google Pay can be used as a payment option on various websites and apps, including Google services like Google Play Store and YouTube Premium.

Official website: Google Pay

Please note that the acceptance of e-wallets may vary across different platforms and merchants. It’s always recommended to check with the specific service or merchant to confirm their accepted payment methods.

Summing Up

Choosing the right bank can often be a daunting task. That’s why it becomes imperative to delve deep into the specifics of each bank to ensure you bag the best deal according to your requirements. Here are some crucial factors to weigh in when making your decision:

  • Financial stability
  • Interest rates
  • Fees and charges
  • Customer service quality
  • Range of products and services

We trust that this guide has been instrumental in helping you find the most suitable bank in New Zealand. If you require further assistance or have any queries, please feel free to reach out to us. And don’t forget to read our other articles: