Bank Commissions & Clawbacks

  • ANZ

    0.85% on fixed loans

    0.425%     on revolving limit

    3 year client cashback lock in

    Clawback

    0-9 months - 100%

    10-18 months - 66%

    19-27 months - 33%

  • AIA (ASB in Disguise)

    0.6% Upfront

    0.2% trail from the first month

    3 year client cashback lock in

    Clawback

    0-12 months - 100%

    Yes, 1 year clawback only

    NO APPS THAT WOULD GO TO BUSINESS BANKING - EG: Client as employees or over$250k turnover

  • ASB

    0.85% on fixed loans

    0.595% on revolving

    3 year client cashback lock in

    Clawback

    0-6 months - 100%

    6-12 months - 75%

    12-18 months - 50%

    18- 27 months - 25%

  • TSB

    0.85% Upfront

    On all loan types

    4 year client cashback lock in

    Clawback

    0-14 months - 100%

    14-28 months - 50%

  • SBS

    0.85% Upfront on fixed

    75% of 0.85% on revolving

    3 year client cashback lock in

    Capped at $15,000 max commission

    Clawback

    0-6 months - 100%

    7-12 months - 75%

    13-18 months - 50%

    19-24 months - 25%

  • Co-operative

    0.85% Upfront on fixed

    0.595% on revolving limit

    3% on personal loans

    3 year client cashback lock in. Clawback calculated monthly.

    Clawback

    0-9 months - 100%

    10-18 months - 66^

    19-27 months - 33%

  • BNZ

    0.55% Upfront

    0.15% instant trail

    3 year client cashback lock in


    Clawback

    0-14 months - 100%

    15-28 months - 50%

  • Kiwibank

    0.55% Upfront

    0.15% instant trail

    4 year client cashback lock in

    Clawback

    0-6 months - 100%

    7-12 months - 50%

    12-24 months - 25%

  • Westpac

    0.6% Upfront

    0.2% trail after 1 year

    3 year client cashback lock in

    Clawback

    0-15 months - 100%

    16-26 months - 50%