CBS Special Purpose
This is a medium term savings account, ideally suitable for:
- Home Savings
Ideal for your first home deposit. With regular deposits your savings will soon meet the criteria that qualifies for a "no establishment fee" CBS Canterbury Home Loan. - Education
By starting early, an education account can be of great assistance when it comes to meeting those later costs of uniforms, text books and tertiary fees. A must account for today's family. - Overseas Trip
Whether it's the big O.E. (overseas experience) or just a relaxing holiday, planning ahead will give you the luxury of being able to do everything you want while away. - Christmas Club
Getting a cheque in the mail just before Christmas is everyone's dream. It can happen for you with a Christmas Club account that means you don't have to compromise for friends and family.
Conditions
The Special Purpose Account allows you:
- First counter withdrawal in month free.
- One free automatic payment withdrawal per month at current activity fee.
- Additional withdrawals at $5.00 each.
See our current Special Purpose Interest Rate (including bonus rate criteria).
All CBS accounts are opened with Heartland Building Society, which comprises the former businesses of CBS Canterbury, MARAC, Southern Cross Building Society and PGG Wrightson Finance.
Heartland Building Society has a BBB- (Outlook Stable) credit rating from Standard & Poor’s. See our Investment Statement or click here for more details about the credit rating.
Our Investment Statement can be obtained by calling us on 0800 227 227 or by clicking here.