Knowledge

BankDirect

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BankDirect began in October 1997 and was the only bank in New Zealand to only operate via Internet and phone without any physical branches. BankDirect used the leverage of not having physical branches to offer lower home loan interest rates and higher interest rates on their savings accounts. On 29
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August 2017 BankDirect advised customers that they will be progressively moved to ASB accounts. All BankDirect customers will switch to
158: 153: 115:. The bank advised customers on 29 August 2017 they will be moved to ASB products and services over the next few months. 72:
Internet and Phone based bank offering an integrated range of financial products and services for personal customers
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Not to be confused with the BankDirect division of Texas Capital Bank.
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bank, which provided internet and phone based banking in
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Index

Finance and Insurance
New Zealand
Parent
ASB
www.bankdirect.co.nz
direct banking
ASB
New Zealand
ASB
credit cards
EFTPOS
Categories
Banks of New Zealand
Banks established in 1999
Banks disestablished in 2017
1999 establishments in New Zealand
2017 disestablishments in New Zealand

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