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Student and graduate packages
WestpacStarting out
Our Student and Graduate Pacs take care of your banking so you can focus on your studies, or your new job – and just get on with living life the way you want.
3
Contents
4 How can we help you?
6 What does Student Pac give you?
8 What does Graduate Pac give you?
10 What does it cost?
11 Like to apply?
12 Like to know more?
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How can we help you?
We can help you: – save money every day – you can do most of your banking
for free.
– with more ways to access your money with the Westpac Debit MasterCard®.
– make the most of your savings with savings accounts that encourage you to save more.
– have a bit of extra credit when you need it, with a credit card* and/or an interest free overdraft*.
– take care of your belongings with car and contents insurance.
Studying full-time?When you’re studying full-time, it’s important to keep everything else in life as simple as you can – like the money side of things. You don’t want to stress about bank charges or the odd cash crisis – you want a bank that understands what being a student is like. That’s why we’ve created Student Pac. It can help simplify things and keep costs down – it may even mean you have a bit of extra cash when you need it.
To find out more see page 6.
Recently graduated?Congratulations! Even though things are changing, it’s still important to have a banking package that keeps things simple and gives you the flexibility you need. A Graduate Pac can help keep costs down, and offers you extra support while you’re getting established. Like access to extra credit (just in case) or a loan to help you make those larger purchases, such as a new car or furniture.
To find out more see page 8.
* Westpac’s current lending criteria and terms and conditions apply to all applications and transfers.
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6
Student Pac
What does Student Pac give you?
Student Pac puts all your banking together in one simple package. You could get:
– an everyday Easy Access student account with no monthly account maintenance or transaction fees^.
– a Debit MasterCard with the $10 annual fee waived for the course of your student life. It works like a credit card except that you’ll be using money from your Easy Access student account.
– a Save and Win student account with the chance to win monthly cash prizes ranging from $50 to $1000^^.
– access to Online Banking, Mobile Banking and email and txt alerts.
– access to contactless payment technology – the faster, simpler way to pay for small purchases under NZD$80.
– the chance to apply for an interest-free overdraft of up to $2000*.
– the chance to apply for a Low Rate or Standard MasterCard® with a limit of up to $1000. We’ll also waive the first year’s annual fee**.
– the option to apply to join the Westpac KiwiSaver Scheme***.
– the chance to apply for Westpac Renters’ Contents and/or Vehicle Cover****.
For more information on Student Pac, visit westpac.co.nz/studentpac or give us a call on 0800 400 600 between 7am and 11pm any day of the week.
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Who can get Student Pac?You can apply for Student Pac if you’re a New Zealand resident studying full-time at an NZQA approved tertiary institute for at least 12 weeks. There’s more about Student Pac – what it costs and how to apply, on page 10.
What happens after your course?This great deal doesn’t have to end when your course ends. If you have a Student Pac, we note the date your course is due to end and will automatically get in touch and move you on to a Graduate Pac when the time comes. All you need to do is keep us updated if your circumstances change.
^ Other service fees may apply, for example clearance fees and fees for use of other banks’ ATMs. For details please ask for our Transaction and Service Fees brochure or call us on 0800 400 600 for a copy.
^^ Subject to the Save and Win student prize draw eligibility criteria and terms and conditions available at westpac.co.nz/studentpac. You can get a copy of the current disclosure statement for Westpac New Zealand Limited from any Westpac branch in New Zealand free of charge
* Westpac’s applicable lending criteria and terms and conditions apply to all applications for finance. An establishment fee may apply for personal loans.
** Westpac’s current credit card lending criteria apply to all applications and transfers. MasterCard Conditions of Use apply. MasterCard and the MasterCard Brand Mark are registered trade marks of MasterCard International Incorporated.
*** BT Funds Management (NZ) Limited is the scheme provider, and Westpac New Zealand Limited is the distributor, of the Westpac KiwiSaver Scheme (“Scheme”). Investments made in the Scheme do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited or other members of the Westpac group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances and loss of investment value, including principal invested. None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac group of companies, The New Zealand Guardian Trust Company Limited (as trustee), or any director or nominee of any of those entities, or any other person guarantees the Scheme’s performance, returns or repayment of capital. A copy of the investment statement for the Scheme is available from any branch of Westpac.
**** Westpac Renters’ Contents and Vehicle Cover are arranged by Westpac New Zealand Limited (“Westpac”) and underwritten by Lumley General Insurance (N.Z.) Limited (“Lumley”). Westpac does not guarantee the obligations of, or any products issued by Lumley. More detail can be found in the policy document. The availability of any insurance cover is subject to the acceptance and approval of a complete application.
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What does Graduate Pac give you?
Graduate Pac puts all your banking together in one simple package. You could get:
– an everyday Easy Access account with no monthly account maintenance or transaction fees^.
– a Debit MasterCard with the annual fee waived for the first year. It works like a credit card except you’ll be using your own money from your Easy Access graduate account.
– an Online Saver or Online Bonus Saver account^^. Earning you a higher rate of interest with no monthly maintenance or transaction fees^.
– access to Online Banking, Mobile Banking and email and txt alerts.
– access to contactless payment technology – the fast, simple way to pay for small purchases under NZD$80.
– the chance to apply for an interest-free overdraft of up to $2000*.
– a personal loan* at a special ‘graduate’ rate to help you buy those things you need such as a car or furniture for your new place.
– the chance to apply for a Low Rate or Standard MasterCard® with a limit of up to $1000. We’ll also waive the first year’s annual fee**.
– the option to apply to join the Westpac KiwiSaver Scheme***.
– the chance to apply for Westpac Renter’s Contents and/or Vehicle Cover****.
For more information on Graduate Pac, visit westpac.co.nz/graduatepac or give us a call on 0800 400 600 between 7am and 11pm any day of the week.
Graduate Pac
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What happens after the first year?Graduate Pac discounts are designed to help you get established in the year following graduation. After that, you’ll automatically move on to an Electronic transaction account. Like your Easy Access graduate account, with your Electronic account, transactions are free. And if you stop your printed statements via online banking, you’ll pay no monthly account maintenance fee^. Any overdraft you have will shift to the current standard interest rate.
Who can get Graduate Pac?You can apply for a Graduate Pac if you’re a New Zealand resident and within the last 12 months you’ve completed and qualified in an NZQA-approved tertiary course that took at least one semester (minimum 12 weeks). But of course if you already have a Student Pac, you don’t need to apply. We’ll automatically move you on to a Graduate Pac when your course is due to end. All you need to do is let us know if your circumstances change. There’s more about Graduate Pac – what it costs and how to apply – over the page.
^ Other service fees may apply, for example clearance fees and fees for use of other banks’ ATMs. For details please ask for our Transaction and Service Fees brochure or call us on 0800 400 600 for a copy.
^^ To operate the Online Saver or Online Bonus Saver account, you must hold a Westpac transaction account. Any transfers from your Online Saver or Online Bonus Saver account are to be made directly to your transaction account. For details please ask for our Transaction and Service Fees brochure or call us on 0800 400 600 for a copy. You can get a copy of the current disclosure statement for Westpac New Zealand Limited from any Westpac branch in New Zealand free of charge.
* Westpac’s applicable lending criteria and terms and conditions apply to all applications for finance. An establishment fee may apply for personal loans.
** Westpac’s current credit card lending criteria apply to all applications and transfers. Credit card Conditions of Use apply. MasterCard Conditions of Use apply. MasterCard and the MasterCard Brand Mark are registered trade marks of MasterCard International Incorporated.
*** BT Funds Management (NZ) Limited is the scheme provider, and Westpac New Zealand Limited is the distributor, of the Westpac KiwiSaver Scheme (“Scheme”). Investments made in the Scheme do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited or other members of the Westpac group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances and loss of investment value, including principal invested. None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac group of companies, The New Zealand Guardian Trust Company Limited (as trustee), or any director or nominee of any of those entities, or any other person guarantees the Scheme’s performance, returns or repayment of capital. A copy of the investment statement for the Scheme is available from any branch of Westpac.
**** Westpac Renters’ Contents and Vehicle Cover are arranged by Westpac New Zealand Limited (“Westpac”) and underwritten by Lumley General Insurance (N.Z.) Limited (“Lumley”). Westpac does not guarantee the obligations of, or any products issued by Lumley. More detail can be found in the policy document. The availability of any insurance cover is subject to the acceptance and approval of a complete application.
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What does it cost?
Monthly account maintenance* Free
Electronic Transactions*
EFTPOS, ATM**, automatic payments and direct debits once set up (service fee applies to set up or amend), direct credit, bill payments, online and phone banking payments
Free
Manual transactions*
Cheques, ATM deposits, deposits and withdrawals at a branch Manual transactions not available for Online Saver or Online Bonus Saver.
Free
Debit MasterCard annual account fee Waived for Student Pac and first year of Graduate Pac (normally $10)
Student or Graduate overdraft
– establishment fee
– debit interest
– line of credit charge (LCC)
Waived (normally $25.00)
Interest free to agreed limit
0.1% per month(min. $3 per month)
Student or Graduate credit card hotpoints® credit card account
Low Interest MasterCard
$44 annual account fee (first year free)$65 annual account fee (first year free)
Graduate Personal loan
– establishment fee
– debit interest
$250
Subject to change, check at time of loan application
Phone Banking– first 5 calls a month– calls after that
Free50c each
Mobile Banking (email and txt alerts)
– email alerts
– txts from Westpac (txt balance enquiry, txt transfer confirmations and txt alerts)
Your mobile service provider’s normal txt charges apply when you send a txt to Westpac.
Free
Free
Student Save and Win account– manual transactions– electronic transactions
$3 per transaction$1 per transaction
Your Student or Graduate Pac is designed to keep your costs low. Here’s how your Easy Access account works.
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Please also bring: Students Graduates
Forms of identification. Please see our list of acceptable identification available at westpac.co.nz/AML
ü üDetails of any income you have, such as payslips ü üYour IRD number ü üDetails of your student allowance and student loan üSomething to prove you are a full-time tertiary student such as your course fee receipts or confirmation letter
üSomething to show you’ve graduated, like a copy of your academic record or qualification
üProof of address. Please see our list of acceptable proof of address documentation available at westpac.co.nz/AML
ü ü
Applying is easy. Just fill in the application form (there are forms for both the Easy Access student and graduate accounts at the back) and bring it into one of our branches.
Like to apply?
Please note if your application is approved, you’ll need to have any income you earn paid straight into your Easy Access Account.
* Other service fees may apply, for example overdrawing your account without an overdraft and setting up and amending automatic payments and direct debits. For details please ask for our Transaction and Service Fees brochure or call us on 0800 400 600 for a copy.
** Any transactions made at another bank’s ATM will incur an additional $1 charge.
hotpoints® is a registered trademark of Westpac Banking Corporation. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
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Like to know more?
Call 0800 400 600 between 7am and 11pm, 7 days a week or visit your nearest Westpac branch.
You can also visit us at westpac.co.nz to find out about other ways we can help.
Easy Access student account application
Westpac use only Authority No. Date DAy / moNth / y eAr
If you have any questions or need help completing this form, please call 0800 400 600.
to: the manager, Westpac BrANCh NAme
A: Personal details
* ie. Where we can contact you if you shift.
** This is for the Government’s Resident Withholding Tax (RWT) calculation. If you don’t tick anything and/or don’t provide your IRD number, we will use the higher tax rate.
mr mrs ms miss other (please specify)
First name(s) Surname
home address NUmBer & Street
SUBUrB toWN/CIty
Postal or other permanent mailing address* NUmBer & Street
SUBUrB toWN/CIty PoStCoDe
Phone number: day time 0- home 0-
mobile Date of birth DAy / moNth / yeAr
email:
ID type ID number expiry
ID type ID number expiry
IrD number **tax rate (tick one circle) 10.5% 17.5% 30% 33%
Signature Date DAy / moNth / yeAr
By signing this you are bound by the Declaration, Easy Access student terms and conditions, Debit MasterCard Declaration (if applicable) and Westpac’s General Terms and Conditions
Co-borrower signature reqUIreD IF APPlICANt IS UNDer 18 yeArS oF Age Date DAy / moNth / yeAr
By signing this you are bound by the Declaration, Easy Access student account terms and conditions, Debit MasterCard Declaration (if applicable) and Westpac’s General Terms and Conditions
B: Study details
Please supply proof of your enrolment eg. course fee receipts or enrolment confirmation letter
University, Polytech or College of education Course completion date DAy / moNth / yeAr
Course/Degree enrolled in Current year of study (eg. first/final year)
C: Easy Accessstudent terms and conditions
to qualify for an easy Access student account, you must:• beaNewZealandresidentstudyingfulltimeatanNZQAaccreditedtertiaryinstituteforatleastonesemester(minimum12weeks)
and • haveyourstudentallowance,loan,salary,wagesoranyotherformofincomepaiddirectlytoyourEasyAccessstudentaccount.
In addition to Westpac’s general terms and Conditions, the following conditions apply:• feesarechargedinaccordancewiththeStudentandGraduatePackagesbrochureandWestpac’sTransactionandServiceFees
brochure. • thefees,chargesandinformationcontainedinthesedocumentsaresubjecttochangefromtimetotime.• youcanonlyhaveonetertiarypackageatanybank,andyoucanonlyhaveoneEasyAccessstudentaccount.• ifyou’reunder18yearsofage,thisapplicationformmustbeco-signedbyyourparentorguardianasco-borrower.• afteryourcoursefinishes,yourEasyAccessstudentaccountwillautomaticallychangetoanEasyAccessgraduateaccount.• theEasyAccessgraduateaccountisonlyavailablefor12months,afterwhichyouraccountwillautomaticallychangetoan electronic account and standard fees and charges will apply.
D: Declaration I:• agreetobeboundbyalltermsandconditionssetoutinthis
application in addition to any other conditions that may apply.• acknowledgehavingbeenprovidedwiththeWestpacGeneral
terms and Conditions brochure and agree to be bound by the terms set out in that brochure as amended or replaced from time to time.
• agreetoreadtheWestpacGeneralTermsandConditionsbrochure as it contains important statements about my rights and obligations.
• certifythatallinformationsuppliedinthisapplicationistrue,correct and complete in every respect and understand that if it is not true, correct and complete, this application may be declined and I may be liable to Westpac.
• acknowledgethatIhavetherighttoaccessandcorrectmypersonalinformationheldbyWestpacsubjecttotheprovisionsof the Privacy Act 1993.
What I have authorised. I authorise:• theco-borrowersignatorynamedinthisapplicationtooperate
this account, issue instructions to Westpac in any form and do everything relating to my relationship with Westpac for this account. this is called the banker/customer relationship as provided in Westpac’s general terms and Conditions.
• otherpeopletobeaddedtoorremovedfromthisaccountauthority.
• thisauthoritytoapplytotheaccountslistedoverpagesubjecttomy signing rule. Nobody can delegate the authority I have given them.
• Westpacanditsrelatedcompaniestousealltheinformationthatthey hold about me now or in the future to make available to me the full range of financial services offered by them and, if I apply for and am issued a Debit masterCard, I authorise Westpac to provide me from time to time with details of products and services which may be purchased with the card.
continued overleaf
D: Declaration continued
Receiving and acting on instructions by fax, phone,electronically or other meansAs part of doing business, Westpac may communicatewith me by fax, phone or electronically and may accepttelephone, facsimile, electronic or other instructions in thecourse of the banker/customer relationship. however,Westpac:•isnotobligedtoacceptthoseasinstructions;and•willnotbeliabletomeoranyotherpartyifthe instructions are unauthorised, forged or fraudulently given and Westpac could not have reasonably detected that from the instructions received.
Indemnify Westpacto the maximum extent permitted by law I will indemnify Westpac for its losses in acting on such instructions.
Adding or removing people to/from the authorityAdditional authorised persons may be appointed and any authorised person may be removed only by notice in writing to Westpac signed in the same manner as this form.
E: Financial details
1. What is your average monthly income before tax? $ a month
2. WhatareyourtotalsavingsorinvestmentswithWestpac? $
3. What are your total savings or investments with banks other than Westpac? $
4. Please tick the one which best describes your living arrangements
hostel renting live with parents/guardians boarding own home
5. What is your student-related debt (eg. student loan)? $
6. What is your other debt (eg. credit cards, hPs, personal loans)? $
7. how much are your home loan, board or rent payments? $ a month
8. how much are your payments on your other debts? $ a month
9. If applicable, how much do you pay for child support? $ a month
F: Student Pac benefits
yes, I’d like to open an easy Access student account
yes, I’d like to open a Save and Win account
yes, I’d like to apply for a Debit masterCard
yes, I’d like to set up online Banking
yes, please provide a quote for my car and/or contents insurance
yes, I’d like to apply for an overdraft.
yes, I’d like to apply for a credit card
Credit card limit Overdraft limit Total limit
(min $300 – max $1,000 (Min$0–Max$2,000) (must not exceed $3,000)
G: Debit MasterCard details
Please complete if you have indicated above that you would like to apply for a Debit MasterCard
Password (required for identification when calling Westpac):
your name as you would like it to appear on your card:
Declaration:• IagreetobeboundbyanyconditionswhichmaybeimposedbyWestpacrelatingtoWestpacDebitMasterCard,includingWestpac’sGeneralTermsand
Conditions. If my application is approved, I agree that use of my card will indicate I have agreed to be bound by the Conditions of Use accompanying the card.• IauthoriseWestpactomakenecessaryenquiriesconcerningNewZealandresidencystatusfromwhateversourceitconsidersappropriate,andauthoriseanyparty
approached to provide such information.• IauthoriseWestpactodisclosemyrelevantpersonalinformation(includingdefaultinformation)toanycreditreportingagencythatWestpachasasubscriber
agreement with (currently Baycorp Advantage) and I also understand that such reporting agencies will use the information provided to them by Westpac to update their credit reporting database and may disclose any information that they hold on me to their own customers. Westpac may also use the credit reporting agency’s monitoring service to receive updates, if any, of the information it holds about me.
• IauthoriseWestpactodisclosemyrelevantpersonalinformation(includingdefaultinformation)toanypersonWestpacmayappointtocollectanyoutstandingdebt.• Iacknowledgethatfeesandchargeswillapplytotheuseofthecard.DetailsoffeesandchargesareprovidedintheTransactionandServiceFeesbrochure.
H: Application checklist
Check you’ve got everything you’ll need to take with you to a Westpac branch to open your account:
personal identification (please refer to Westpac’s approved list of identification documents available at www.westpac.co.nz/Aml)
proof of address (eg. electricity bill in your name)
proof that you’re a qualifying student – such as your course fee receipts or course confirmation letter
details of your student allowance or loan and any other income (eg. payslips)
IrD number
Westpac use onlyBranch numberBank SuffixAccount number
0 3
relevant attachments provided:
proof of enrolment eg. course fees receipt, proof of registration/enrolment or study fees receipt
proofofincomeeg.letterfromemployer/WINZ/parents,previous3monthsbankstatements
Statement of position obtained:
systemloadingscompletedwithfixedexpirydateset;
creditcheckobtained;allrelevantsectionscompleted;
allotherstudentpackagesrepaid;
phonebankingandonlinebankingloaded;
ensured requested credit card and overdraft limit meets the criteria given in Section F of this form.
this is an account opening authority. Please file with your other authorities.
If applicable: easy Access student account opened
Save and Win account opened
masterCard requested
online Banking set up
Insurance quotation(s) completed
overdraft processed
Credit card application received
Authority No.
masterCard and the masterCard Brand mark are registered trademarks of masterCard International Incorporated. YoucangetacopyofthecurrentdisclosurestatementforWestpacNewZealandLimitedfromanyWestpacbranchinNewZealandfreeofcharge.WestpacNewZealandLimited. 72458WP-1409-14STUDENT
Easy Access graduate account application
Westpac use only Authority No. Date DAy / moNth / y eAr
If you have any questions or need help completing this form, please call 0800 400 600.
to: the manager, Westpac BrANCh NAme
A: Personal details* ie. W here we can contact you if you shift.
** This is for the Government’s Resident Withholding Tax (RWT) calculation. If you don’t tick anything and/or don’t provide your IRD number, we will use the higher tax rate.
mr mrs ms miss other (please specify)
First name(s) Surname
home address NUmBer & Street
SUBUrB toWN/CIty
Postal or other permanent mailing address* NUmBer & Street
SUBUrB toWN/CIty PoStCoDe
Phone number: day time 0- home 0-
mobile Date of birth DAy / moNth / yeAr
email:
ID type ID number expiry
ID type ID number expiry
IrD number **tax rate (tick one circle) 10.5% 17.5% 30% 33%
Signature Date DAy / moNth / yeAr
By signing this you are bound by the Declaration, Easy Access graduate account terms and conditions, Debit MasterCard Declaration (if applicable) and Westpac’s General Terms and Conditions
B: Graduation details
Please supply proof of your graduation eg. a copy of your academic record or qualification
University, Polytech or College of education course graduation date DAy / moNth / yeAr
C: Easy Access graduate account terms and conditions
to qualify for an easy Access graduate account you must:
• beaNewZealandresident.
• havecompletedorqualifiedinacoursethatlastedatleastonesemester(minimum12weeks)atanNZQAaccreditedtertiaryinstitution
withinthepast12months.
• haveyoursalary,wagesoranyotherincomepaiddirectlytoyourEasyAccessgraduateaccount.
InadditiontoWestpac’sGeneralTermsandConditions,thefollowingconditionsapply:
• feesarechargedinaccordancewiththeStudentandGraduatePackagesbrochureandWestpac’sTransactionandServiceFees
brochure.
• thefees,chargesandinformationcontainedinthesedocumentsaresubjecttochangefromtimetotime.
• youcanonlyhaveonegraduatepackageatanybank,andyoucanonlyhaveoneEasyAccessgraduateaccount.
• theEasyAccessgraduateaccountisonlyavailablefor12months,afterwhichyouraccountwillautomaticallychangetoanElectronic
accountandstandardfeesandchargeswillapply.
D: Declaration I:• agreetobeboundbyalltermsandconditionssetoutinthis
application in addition to any other conditions that may apply.
• acknowledgehavingbeenprovidedwiththeWestpacGeneralterms and Conditions brochure and agree to be bound by the terms set out in that brochure as amended or replaced from time to time.
• agreetoreadtheWestpacGeneralTermsandConditionsbrochure as it contains important statements about my rights and obligations.
• certifythatallinformationsuppliedinthisapplicationistrue,correct and complete in every respect and understand that if it is not true, correct and complete, this application may be declined and I may be liable to Westpac.
• acknowledgethatIhavetherighttoaccessandcorrectmypersonalinformationheldbyWestpacsubjecttotheprovisionsof the Privacy Act 1993.
What I have authorised. I authorise:• thesignatorynamedinthisauthoritytooperatethisaccount(s)
anddoeverythingrelatingtomyrelationshipwithWestpacforthis account(s) (this is called the banker/customer relationship, and as provided in Westpac’s General terms and Conditions).
• otherpeopletobeaddedtoorremovedfromthisaccountauthority.
• thisauthoritytoapplytotheaccountslistedoverpagesubjectto my signing rule. Nobody can delegate the authority I have given them.
• Westpacanditsrelatedcompaniestousealltheinformationthattheyholdaboutmenoworinthefuturetomakeavailableto me the full range of financial services offered by them and, if I apply for and am issued a Debit masterCard, I authorise Westpactoprovidemefromtimetotimewithdetailsofproductsandserviceswhichmaybepurchasedwiththecard.
continued overleaf
masterCard and the masterCard Brand mark are registered trademarks of masterCard International Incorporated. YoucangetacopyofthecurrentdisclosurestatementforWestpacNewZealandLimitedfromanyWestpacbranchinNewZealandfreeofcharge.WestpacNewZealandLimited.
D: Declaration continued
Receiving and acting on instructions by fax, phone, electronically or other meansAspartofdoingbusiness,Westpacmaycommunicatewithyouby fax, phone, electronically and may accept telephone, facsimile, electronic or other instructions in the course of the banker/customerrelationship.However,Westpac:• isnotobligedtoacceptthoseasinstructions;and• willnotbeliabletomeoranyotherpartyiftheinstructions
are unauthorised, forged or fraudulently given and Westpac could not have reasonably detected that from the instructions received.
Indemnify WestpacTothemaximumextentpermittedbylawIwillindemnifyWestpacfor its losses in acting on such instructions.Adding or removing people to/from the authorityAdditional authorised persons may be appointed and any authorisedpersonmayberemovedonlybynoticeinwritingtoWestpac signed in the same manner as this form.
E: Financial details
1. What is your average monthly income before tax? $ a month
2. WhatareyourtotalsavingsorinvestmentswithWestpac? $
3. WhatareyourtotalsavingsorinvestmentswithbanksotherthanWestpac? $
4. Pleaseticktheonewhichbestdescribesyourlivingarrangements
hostel renting livewithparents/guardians boarding ownhome
5. What is your student debt (ie. student loan)? $
6. What is your other debt (eg. credit cards, hPs, personal loans)? $
7. Howmuchareyourhomeloan,boardorrentpayments? $ amonth
8. Howmuchareyourpaymentsonyourotherdebts? $ amonth
9. Ifapplicable,howmuchdoyoupayforchildsupport? $ amonth
F: Graduate Pac benefits
yes, I’d like to open an easy Access graduate account yes, I’d like to open a savings account
yes, I’d like to apply for a Debit masterCard®
yes, I’d like to set up online Banking
yes, please provide a quote for my car and/or contents insurance
Yes,I’dliketoapplyforaPersonalLoan
yes, I’d like to apply for an overdraft
yes, I’d like to apply for a Credit Card
Credit card limit Overdraft limit Total limit
(min $300 – max $1,000 (Min$0–Max$2,000) (must not exceed $3,000)
G: Debit MasterCard details
Please complete if you have indicated above that you would like to apply for a Debit MasterCard
Password(requiredforidentificationwhencallingWestpac):
Yournameasyouwouldlikeittoappearonyourcard:
Declaration:• IagreetobeboundbyanyconditionswhichmaybeimposedbyWestpacrelatingtoWestpacDebitMasterCard,includingWestpac’sGeneralTermsandConditions.
Ifmyapplicationisapproved,IagreethatuseofmycardwillindicateIhaveagreedtobeboundbytheConditionsofUseaccompanyingthecard.• IauthoriseWestpactomakenecessaryenquiriesconcerningNewZealandresidencystatusfromwhateversourceitconsidersappropriate,andauthoriseanyparty
approached to provide such information.• IauthoriseWestpactodisclosemyrelevantpersonalinformation(includingdefaultinformation)toanycreditreportingagencythatWestpachasasubscriber
agreementwith(currentlyBaycorpAdvantage)andIalsounderstandthatsuchreportingagencieswillusetheinformationprovidedtothembyWestpactoupdatetheircreditreportingdatabaseandmaydiscloseanyinformationthattheyholdonmetotheirowncustomers.Westpacmayalsousethecreditreportingagency’smonitoring service to receive updates, if any, of the information it holds about me.
• IauthoriseWestpactodisclosemyrelevantpersonalinformation(includingdefaultinformation)toanypersonWestpacmayappointtocollectanyoutstandingdebt.• Iacknowledgethatfeesandchargeswillapplytotheuseofthecard.DetailsoffeesandchargesareprovidedintheTransactionandServiceFeesbrochure.
H: Application checklist
Checkyou’vegoteverythingyou’llneedtotakewithyoutoaWestpacbranchtoopenyouraccount:
personal identification (please refer to Westpac’s approved list of identification documentsavailableatwww.westpac.co.nz/AML)
proof of address (eg. electricity bill in your name)
proof that you’re a qualifying graduate (e.g. your academic record)
detailsofyourstudentallowanceorloanandanyotherincome (eg. payslips)
IrD number
Westpac use only
Branch numberBank SuffixAccount number
0 3
relevant attachments provided:
proof of graduation
confirmation of income to be direct credited to account
Statementofpositionobtained;
systemloadingscompletedwithfixedexpirydateset;
creditcheckobtained;allrelevantsectionscompleted;
allotherstudentpackagesrepaid;
phonebankingandonlinebankingloaded;
ensured requested credit card and overdraft limit meets the criteria given in Section F of this form.
Thisisanaccountopeningauthority.Pleasefilewithyourotherauthorities.
If applicable:
easy Access graduate account opened
Savings account opened
masterCard requested
online Banking set up
Insurance quotation(s) completed
overdraft processed
Credit card application received
Personal loan application received
Authority No.
GRAD72458WP-1409-14
The information in this brochure and the terms and conditions for the Westpac Student and Graduate Packages are current as at 7 September 2014 and may vary from time to time at Westpac’s discretion. Terms and conditions apply to all Westpac products and services. See the relevant brochure for full details of each product or service. Other fees / charges may apply. For full details, refer to our latest pricing list which is available from any Westpac branch free of charge. Westpac’s current lending criteria apply to all applications for finance. Westpac’s current Credit Card lending criteria apply to all applications and transfers. Credit Card Conditions of Use apply. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. Hotpoints terms and conditions apply. hotpoints® is a registered trademark of Westpac Banking Corporation. Terms, conditions, exclusions and limits apply to all applications for insurance. For further details see the relevant policy document. Westpac Renters’ Contents and Vehicle Cover are arranged by Westpac New Zealand Limited (“Westpac”) and underwritten by Lumley General Insurance (N.Z.) Limited (“Lumley”). Westpac does not guarantee the obligations of, or any products issued by Lumley. More detail can be found in the policy document. The availability of any insurance cover is subject to the acceptance and approval of a complete application. Westpac’s general terms and conditions apply. If you’re under 18 years of age, your parent or guardian may need to co-sign for some products and services. You can get a copy of the current disclosure statement for Westpac New Zealand Limited from any Westpac branch in New Zealand free of charge.
Westpac New Zealand Limited.
72458WP-14 09-14
