Home Ambition
It's a complete package to help you save for your first home.
Home Ambition combines a number of products and services to make sure you reach
your goals as quickly and easily as possible.
An Initial Planning Session
This session, with one of our experienced banking consultants will help you set
a savings goal and work out how to achieve it. We have a range of tools to help
you develop your own budget and savings plans. You will come away with a good idea
of how much you will need for a deposit and a realistic plan of action to achieve
it. We may also be able to provide you with a conditional pre-approval for your
home loan, which will give you an indication of how much you can afford to spend.
Current Account
You need to have your main income direct credited to an everyday transactional account
at The National Bank as part of the Home Ambition package.
We have a range of current accounts
you can choose from. In the initial planning session we can provide you with details
of your account options which can help you decide which current account is best
for you.
A choice of savings accounts
Choose the account that suits the way you like to save
National Bank eSaver
- You earn Premium interest if you make no withdrawals and deposit at least $20 (not
including credit interest) each calendar month
- Higher withdrawal fees help you avoid the temptation to dip into your savings.
National Bank Online Account
- Pays Interest on every dollar in your account, and has no monthly account or transaction
fees.
Investments - short to medium term
The National Bank Call Fund
has been designed for customers who want tax effective, competitive returns and
easy access to their investment.
Thoroughbred Card
It's your CashBack Rewards card with access to your cash and phone banking, plus
a credit card all in one.
Once you're a Home Ambition customer, apply for a new
Thoroughbred Card (Visa or MasterCard) - we'll waive the first year's
annual account fee, and you'll receive a bonus of an additional 5,000 CashBack Points
when it is issued. And, when you transfer your balance
from another bank's credit card to a National Bank Thoroughbred Card, you get a
reduced interest rate on the balance transferred, for the first six months following
the transfer date.
Tools to help you search for your 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 appliction date.
Visit our Home Buyers Centre for
a complete resource on buying, selling, investing, or building a home. It includes
tips, checklists, and calculators, and you can also register for our email updates.
Contact Us
To talk to someone about saving for your home or the Home Ambition package, call
us on 0800 18 18 18 or visit your nearest branch
of
The National Bank.